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Notable ABL Transactions
Data gathered from direct sources, news releases and other public information — covers 7/01/08 through present
Darker row color indicates most recently added deals.

LENDER(S) & ROLE
BORROWER / INDUSTRY
AMOUNT*
STRUCTURE & NOTES
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QIII 2008 Transactions
Bank of America Business Capital
Co-Agent
United Rentals Inc
Provider/Equipment Rentals
$1.3B
Revolver
Banc of America Securities led the syndication
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Wachovia Capital Finance
Co-Lead Arranger, Administrative Agent
Vistar Corporation
Distributor/Food Products
$1.1B
Revolver
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Wachovia Capital Finance
Lead Arranger, Administrative Agent
Maxim Crane Works LP
Provider/Crane Rentals
$500.0
Revolver
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JPMorgan Chase Bank
Administrative Agent
Crusader Energy Group Inc
Provider/Oil, Gas
$250.0
Second Lien Term Facility
Five-year term/Replaces existing $30MM second lien term facility with UnionBanCal Equities
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CIT Energy
Sole Lead Arranger
Arcadia Gas Storage LLC
Operator/Salt Dome Natural Gas Storage
$125.0
Revolver
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Ableco Finance
Lender
Mahalo Energy Ltd
Producer/Natural Gas
$105.0
$65MM Revolver/$40MM Term Loans
Four-year term
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Ares Capital
Lead Arranger
Vantage Oncology Inc
Operator/Radiation Oncology Centers
$100.0
Term Loan
Supports future acquisitions
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Wachovia Capital Finance
Co-Lead Arranger, Syndication Agent
Zeledyne LLC
Manufacturer/Auto, Commercial Glass
$80.0
Revolver
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GE Healthcare Financial Services
Sole Lead Arranger, Sole Bookrunner, Administrative Agent
The Schumacher Group
Provider/Emergency Medicine Management
$75.0
Revolver
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Bank of America Business Capital
Lender
Sport Chalet Inc
Operator/Sporting Goods Chain
$70.0
Revolver
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PNC Bank
Lender
Torqued-Up Energy Services Inc
Provider/Oilfield Services
$60.0
Revolver
Supports acquisition of Cougar Pressure Control
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Texas Capital Bank
Lender
EnerJex Resources Inc
Provider/Oil, Natural Gas
$50.0
Revolver
Three-year term
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Wachovia Capital Finance
Agent, Lender
Kinergy Marketing LLC
Provider/Ethanol Marketing
$40.0
Revolver
Three-year term/Wachovia Capital Markets was sole lead arranger, bookrunner
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Wachovia Capital Finance
Sole Lender
Norwood Promotional Products Inc
Supplier/Promotional Products
$40.0
Revolver
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PNC Bank
Lender
APAC Customer Services, Inc
Provider/Customer Care Services
$40.0
Revolver
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Scotia Capital, Goldman Sachs, Credit Suisse
Arrangers
Aircell LLC
Provider/Airborne Communications
$35.0
Term Loan
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Wachovia Capital Finance
Sole Lender
McGregor Golf Co
Manufacturer/Golf Clubs, Apparel
$30.0
Revolver
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Wachovia Capital Finance
Sole Lender
South Texas Shrimp Processors Inc
Processor/Shrimp
$30.0
Revolver/Term Loan
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Wells Fargo Foothill
Lender
Bluegreen Corp
Provider/Colorful Places to Live and Play
$30.0
Revolving Credit Line
Facility matures on December 31, 2010
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GMAC Structured Finance - Health Capital Group
Structurer, Underwriter, Agent
Great Expressions Dental Centers Inc
Manager/Dental Practices
$23.5
Revolver
Supports acquisition by The Audax Group
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Regions Bank
Lender
Parlux Fragrances Inc
Manufacturer/Prestige Products
$20.0
Revolver
Two-year term
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PNC Bank
Lender
Magic Circle Corp
Manufacturer/Dixie Chopper Lawn Mowers
$20.0
Revolver
Refinances existing debt
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Oxford Finance, CIT Healthcare
Lenders
Zogenix Inc
Provider/Specialty Pharmaceuticals
$18.0
Revolver
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Webster Business Credit
Lender
Nancy Sales Company Inc
Distributor/Plush Animals
$17.5
Revolving Credit Line
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Wachovia Capital Finance
Sole Lender
Cheeseworks Inc
Distributor/Specialty Foods
$15.5
Revolver
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Wachovia Capital Finance
Sole Lender
Bunker International Corp
Provider/Marine Fuel Industry
$15.0
Revolver
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SunTrust Bank
Lender
Pinnacle National Bank
Provider/Investment Banking Services
$15.0
Term Loan
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Webster Business Credit
Agent
Royal Park Uniforms Inc
Manufacturer/Uniforms
$14.0
Revolver
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Bridge Finance Group
Lender
Hill Enterprises Inc
Distributor/Oil, Lubricant, Fuel
$14.0
Revolving Credit Line
Supports acquisition of Cox Oil Company/U.S. Bank served as co-lender
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First Capital
Lender
Fleetwood Folding Trailers Inc
Manufacturer/Folding, Camping Trailers
$12.5
Revolver
Supports acquisition by Blackstreet Capital Partners
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Oxford Finance, Silicon Valley Bank
Lender
Medivance Inc
Manufacturer/Medical Devices
$12.0
$4MM Revolving Credit Line
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PNC Bank
Lender
Home Source International Inc Lender
Logistics Manager/Home Textile Products
$10.75
$10MM Revolver/$.75MM Term Loan
Refinances existing debt
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Silicon Valley Bank, Oxford Finance
Lenders
Biolex Therapeutics Inc
Provider/Clinical-Stage Biopharmaceuticals
$10.5
Revolver
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Bank of America
Lender
East Air Corporation
Lessor/Aviation Rotable Components
$10.0
Revolver
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Webster Business Credit
Lender
Work 'N Gear LLC
Operator/Retail Chain
$10.0
Revolver
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Wachovia Capital Finance
Sole Lender
Jensen Meat Company Inc
Manufacturer/Ground Beef
$8.3
Revolver/Term Loan
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PNC Bank
Lender
DRI Corp
Provider/Digital Communications Technology
$8.0
Revolving Credit Line
Three-year term/BHC Interim Funding III provided three-year $5MM loan
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Webster Business Credit
Lender
Alexander Doll Company Inc
Designer/Dolls
$7.0
Revolving Credit Line
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Sovereign Business Capital
Lender
Casa Imports
Distributor/Imported Italian Specialty Foods
$6.6
Revolving Credit Line
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Marquette Business Credit
Lender
LV Luxury Holdings
Retailer/Watches, Jewelry
$6.5
Revolver
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Silicon Valley Bank
Lender
PokerTek Inc
Provider/Automated Poker Tables
$5.0
Revolver
One-year term
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Monroe Capital
Co-Lender
Sexy Hair Concepts LLC
Distributor/Hair Care Products
$5.0
Revolver
Supports acquisition by private equity firm
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Monroe Capital
Co-Lender
Cunningham & Lindsey Group Ltd
Provider/Insurance Services
$5.0
Revolver
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Webster Business Credit
Lender
Cleveland Die & Manufacturing Company Inc
Manufacturer/Metal Stamped Products
$5.0
Revolver
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Webster Business Credit
Lender
Seder Foods Corp
Distributor/Grocery
$4.5
Revolver
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Webster Business Credit
Lender
U.S. Rubber Reclaiming Inc
Producer/Reclaimed Butyl
$4.0
Revolver
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Marquette Business Credit
Lender
Genisoy Food Company Inc
Provider/Soy Protein Products
$4.0
Revolver
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Proficio Bank
Lender
The Wire Source LLC
Distributor/Steel Wire
$4.0
Revolving Credit Line
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SaaS Capital
Lender
Clickability Inc
Provider/Web Content Management
$3.5
Revolver
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Thermo Credit
Lender
US Starcom Inc
Supplier/Long Distance, Phone Cards
$3.0
Revolver
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Sovereign Business Capital
Lender
Teixeira's Bakery
Baker/Portuguese Breads, Pastries
$2.0
$1.5MM Revolving Credit Line/$.5MM Term Loan
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First Capital
Lender
Reed's Inc
Maker/Natural Sodas
$2.0
Revolver
Two-year term
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* Deal Size in Millions

To have your company's transactions listed on our Notable Transactions Chart and included in abfjournal's Daily News Headlines, contact Stuart Papavassiliou at sppapa@abfjournal.com or 610.293.1300 x124