LENDER(S) & ROLE
|
BORROWER & INDUSTRY
|
AMOUNT*
|
STRUCTURE & NOTES
|
|
|
|
|
|
QII 2010 Transactions
|
Banc of America Securities/GE Capital Markets, et al
Joint Lead Arrangers
|
Borders Group
Specialty Retailer/Books
|
$700.0
|
Revolver/Term Loan
Four-year term/J.P. Morgan Securities, Wells Fargo Retail Finance: additional joint lead arrangers
|
|
|
Wells Fargo Securities, BofA Securities, Morgan Stanley Senior Funding
Joint Lead Arrangers, Joint Book Managers
|
Jack in the Box
Operator/Restaurants
|
$600.0
|
$400MM Revolver/$200MM Term Loan
Five-year term
|
|
|
Goldman Sachs Lending Partners/Wells Fargo Securities
Joint Lead Arrangers
|
AutoTrader.com
Provider/Consumer Information Services
|
$525.0
|
Revolver/Term Loans
Redeems capital stock, provides working capital
|
|
|
SunTrust Robinson Humphrey
Lead Arranger
|
AmSurg Corp
Operator/Ambulatory Surgery Centers
|
$375.0
|
Revolver
Five year term/Joint Lead Arrangers: BofA Securities & Regions Capital Markets
|
|
|
Bank of America Merrill Lynch
Sole Lead Arranger
|
School Specialty
Provider/Products to Educators
|
$350.0
|
Revolver
Facility includes $200MM incremental term loan feature
|
|
|
Barclays Bank
Lender
|
Aurora Diagnostics
Diagnostic Lab, Anatomic Pathology Company
|
$335.0
|
$110MM Revolver/$225MM Term Loan
|
|
|
Jeffries Finance
Lead Arranger
|
Securus Technologies
Provider/Inmate Case Management Software
|
$220.0
|
$35MM Revolver/$185MM Term Loan
Refinances previous debt
|
|
|
Citibank/Deutsche Bank, et al
Lenders
|
KKR Financial Holdings
Publicly Traded Specialty Finance Company
|
$210.0
|
Revolver
Four-year term/Bank of America & Morgan Stanley: Lenders
|
|
|
J.P. Morgan Securities
Lead Arranger
|
Chart Industries
Manufacturer/Hydrocarbon Production Equipment
|
$200.0
|
$135MM Revolver/$65MM Term Loan
Revolver & Term Loan: Five year terms
|
|
|
GE Capital Markets
Sole Lead Arranger
|
The Talbots Inc
Retailer/Women's Apparel
|
$200.0
|
Revolver
GE Corporate Retail Finance: Agent/Refinances existing debt & supports BPW acquisition
|
|
|
Wells Fargo/GE Capital
Co-Lead Lenders
|
Del Taco Holdings
Operator/Casual Dining
|
$199.0
|
$39MM Revolver/$160MM Term Loan
Goldman Sachs Mezzanine Partners provided equity capital
|
|
|
Senior Secured Loan Fund (GE Capital, Ares Capital)
Co-Admin Agents, Joint Lead Arrangers, Joint Bookrunners
|
EduK Group
Provider/Post-Secondary Education
|
$179.0
|
Revolver
GE Capital also provided $35MM revolver/Supports recap |
|
|
Goldman Sachs Lending Partners, Deutsche Bank Securities
Joint Lead Arrangers, Bookrunners
|
Telx Group
Provider/Business Exchange Services
|
$175.0
|
$25MM Revolving Credit Line
Royal Bank of Canada, SunTrust Robinson Humphrey: Bookrunners/ING Capital: Doc agent
|
|
|
Société Générale/GE Capital
Co-Lead Arrangers
|
Cinedigm Digital Cinema
Provider/Movie Digital Technology
|
$172.5
|
Term Loan
Six-year term/Refinances previous debt
|
|
|
JPMorgan Chase Bank/J.P. Morgan Securities
Admin Agent/Lead Arranger, Sole Bookrunner
|
Wolverine World Wide
Manufacturer/Shoes
|
$150.0
|
Revolver
Four-year term/Bank of America, Wells Fargo Bank, Harris: Co-syndication agents
|
|
|
PNC Bank
Admin Agent
|
M/I Homes
Builder/Single-Family Homes
|
$140.0
|
Revolver
Three-year term/Replaces previous $150MM revolver
|
|
|
GE Capital, Healthcare Financial Services
Admin Agent
|
Schumacher Group
Provider//Outsourced Physician, Admin Services
|
$120.0
|
Revolver
GE Capital Markets: Lead arranger
|
|
|
Standard Chartered Bank
Lender
|
Harry Winston Diamond
Diamond Company
|
$100.0
|
Revolver
Three-year term
|
|
|
Bank of Montreal
Lender
|
Fluid Music Canada
Distributor/Private Label Music
|
$100.0
|
Revolver
Three-year term/Supports Mood Media Group acquisition
|
|
|
BB&T Corporation
Lender
|
Telerent Leasing
Lessor/Healthcare, Renewable Energy Equipment
|
$100.0
|
Revolver
Supports portfolio growth
|
|
|
JP Morgan
Admin Agent
|
ATP Oil & Gas
Producer/Oil & Natural Gas
|
$100.0
|
Revolver
Refinances previous facility/JP Morgan: Collateral Agent
|
|
|
Banc of America Securities
Lead Arranger
|
Standard Register
Provider/Document Services
|
$100.0
|
Revolver
Four-year term/Other lenders: KeyBank, PNC, JP Morgan (doc agent) BofA (admin agent)
|
|
|
Wells Fargo Capital Finance
Joint Lead Arranger
|
Trans World Entertainment
Specialty Retailer/Entertainment Software
|
$100.0
|
Revolver
Wells Fargo Retail Finance: lender ($50MM)
|
|
|
GE Capital, Healthcare Financial Services
Admin Agent
|
Guardian Healthcare
Provider/Home Healthcare Services
|
$90.0
|
Revolver
GE Capital Markets: Lead arranger
|
|
|
Wells Fargo Capital Finance
Lender, Admin Agent
|
Nu Horizons Electronics
Distributor/Technology Telecommunication Solutions
|
$80.0
|
Revolver
Four-year term
|
|
|
GE Capital, Corporate Finance
Sole Lender
|
Insteel Industries
Manufacturer/Concrete Strand, Wire Reinforcement
|
$75.0
|
Revolver
Replaces existing credit facility
|
|
|
Senior Secured Loan Fund (GE Capital, Ares Capital)
Admin Agents, Joint Lead Arrangers, Joint Bookrunners
|
Fleischmann's Vinegar
Provider/Vinegars, Cooking Wines
|
$53.0
|
Revolver
Supports acquisition by RLJ Equity Partners
|
|
|
Oxford Finance, Silicon Valley Bank, GE Financial Services
Lenders
|
Cadence Pharmaceuticals
Biopharmaceutical Company
|
$30.0
|
Revolver
Supports Incline Therapeutics acquisition
|
|
|
Wells Fargo Capital Finance
Lender
|
The Kitchen Collection
Retailer/Kitchenware, Gourmet Foods
|
$30.0
|
Revolver
|
|
|
Wells Fargo Capital Finance
Lender
|
RoomStore
Retailer/Home Furnishings, Bedding
|
$30.0
|
Revolver
|
|
|
Wells Fargo Capital Finance
Lender
|
CDC Software
Provider/Hybrid Enterprise Software
|
$30.0
|
Revolver
Four-year term
|
|
|
PNC Bank
Lender
|
Standard Steel
Manufacturer/Forged Steel Wheels, Axles
|
$26.0
|
Revolver
Refinances existing debt
|
|
|
Key Bank
Admin Agent
|
Kratos Defense & Securities Solutions
Provider/Mission Critical Engineering
|
$25.0
|
Revolver
Four-year term/Supports acquisition of Gichner Holdings
|
|
|
Silicon Valley Bank
Lender
|
Cardiovascular Systems
Manufacturer/Medical Devices
|
$25.0
|
$15MM Credit Line/$10MM Term Loan
Partners For Growth provided additional $4MM in convertible debt
|
|
|
GE Capital Corporate Finance
Lender
|
Parlux Fragrances
Manufacturer/Prestige Products
|
$20.0
|
Revolver
Two-year term
|
|
|
Regions Bank
Lender
|
Dreams, Inc.
Provider/Sports Memorabilia
|
$20.0
|
Revolver
|
|
|
PNC Bank
Lender
|
Aventine Renewable Energy
Producer/Ethanol
|
$20.0
|
Revolver
Exit financing
|
|
|
Prospect Capital
Lender
|
Hoffmaster
Manufacturer/Tabletop Products
|
$20.0
|
Second Lien Debt
Deal Source: Kohlberg & Company affiliates
|
|
|
PNC Bank
Lender
|
Sparks Marketing Group
Provider/Event Marketing Products
|
$18.8
|
Revolver
Refinances existing debt
|
|
|
PNC Bank
Lender
|
Ultra Pro Acquisition
Manufacturer/Housewares, Scrapbooking Tools
|
$16.0
|
Revolver
Deal Source: Marlin Equity Partners
|
|
|
Bank of the West
Lender
|
Pure Energy Services
Provider/Oilfield Services
|
$15.0
|
$12MM Term Loan/$2.5MM Operating Loan/$.5MM Credit Card Facility
Term Loan: Five-year term
|
|
|
Oxford Finance
Lender
|
MediciNova
Biopharmaceutical Company
|
$15.0
|
Term Loan
Supports preparation of MN-221 drug program
|
|
|
RBS Citizens
Lender
|
Diversified Restaurant Holdings
Operator/Casual Dining
|
$15.0
|
$6MM Credit Line/$9MM Term Loan
Provides working capital & refinances existing term loan
|
|
|
Hercules Technology Growth Capital
Lender
|
Alexza Pharmaceuticals
Manufacturer/Pharmaceuticals
|
$15.0
|
Revolver/Term Loan
|
|
|
Capital One
Lender
|
Newtek Business Services
Provider/Small Business Financial Services
|
$14.5
|
Term Loan
Five-year term/Refinances previous debt with GE Capital
|
|
|
Capital One Leverage Finance
Lender
|
Wenner Bread Products
Manufacturer/Bread, Rolls, Frozen Dough
|
$14.0
|
Revolver/Term Loan
Refinances current revolver, term loan
|
|
|
Capital One Leverage Finance
Lender
|
Phoenix Services
Provider/Services to Steel Producers
|
$12.0
|
Revolver
|
|
|
GE Healthcare Finance
Lender
|
Pacira Pharmaceuticals
Manufacturer/Pharmaceuticals
|
$11.3
|
Revolver
Supports preparation of EXPAREL drug program
|
|
|
M&I Bank
Lender
|
Aerosonic Corporation
Supplier/Precision Flight Products
|
$10.1
|
$4MM Revolver/$6.1MM Term Loans
Refinances previous debt
|
|
|
Oxford Finance
Lender
|
Cerus Corporation
Manufacturer/Biomedical Products
|
$10.0
|
Credit Line
|
|
|
Comvest Capital II Fund
Lender
|
SRS Industries
Manufacturer/Fabricated Components
|
$8.5
|
Revolver
Supports Whitehall Industries acquisition
|
|
|
CORE Business Credit
Lender
|
Moosejaw Mountaineering
Retailer/Outdoor Apparel, Equipment
|
$8.0
|
Revolving Credit Line
Supports growth
|
|
|
CORE Business Credit
Lender
|
Laser Pacific
Provider/Post Production Film Services
|
$8.0
|
Revolver
Deal Source: H.I.G. Capital
|
|
|
JP Morgan Chase
Lender
|
Koss Corporation
Manufacturer/Headphones
|
$8.0
|
Revolver
Replaces previous facility with Harris, N.A.
|
|
|
Keltic Financial Services
Lender
|
Content Critical
Provider/Document Outsourcing Services
|
$6.0
|
Revolving Credit Line
|
|
|
Gemino Healthcare Finance
Lender
|
HMC/CAH Consolidated
Operator/Rural Hospitals
|
$6.0
|
Revolver
Refinances existing debt
|
|
|
SunTrust Bank
Lender
|
Optical Cable Corp
Manufacturer/Fiber Optic Cable
|
$6.0
|
Revolver
Two-year term/Modifies certain loans with Valley Bank
|
|
|
Silicon Valley Bank
Lender
|
Glowpoint
Provider/Telepresence, Video Communications Services
|
$5.0
|
Revolver
Two-year term
|
|
|
CapitalSource
Lender
|
World Wide Security
Provider/Security Alarm Equipment & Services
|
$5.0
|
Revolver
Three-year term/Provided through lender's Security Lending Group
|
|
|
First Capital
Lender
|
ResCom Energy
Provider/Electricity (CT)
|
$5.0
|
Revolver
|
|
|
Bridge Bank
Lender
|
Clement Support Services
Supplier/Pipe Support
|
$4.9
|
Revolver
|
|
|
Bank of America
Lender
|
Game Trading Technologies
Provider/Video Game Trading
|
$3.5
|
Revolver
|
|
|
Silicon Valley Bank
Lender
|
GigOptix
Manufacturer/Semiconductor Products
|
$3.4
|
$3MM Revolver/$400,000 Term Loan
Refinances revolver with Bridge Bank, term loan with Agility Bank
|
|
|
Manufacturers and Traders Trust Co.
Lender
|
MOD-PAC
Manufacturer/Paper Board Packaging
|
$3.0
|
Revolver
Three-year term/Replaces $5MM credit line
|
|
|
Keltic Financial Services
Lender
|
Quality Rubber Resources
Manufacturer/Rubber Products
|
$1.6
|
Revolving Credit Line
|
|
|
First Capital
Lender
|
Woodbolt International
Manufacturer/Sports Nutrition Supplements
|
$1.5
|
Revolving Credit Line
|
|
|
US Capital Partners
Lender
|
Transportation Agent Grid
Provider/Logistics Resources
|
$1.5
|
Revolver
|
|
|
