LENDER(S) & ROLE
|
BORROWER & INDUSTRY
|
AMOUNT*
|
STRUCTURE & NOTES
|
|
|
|
|
|
QIII 2010 Transactions
|
Bank of America
Admin Agent
|
Savvis
Provider/Cloud Infrastructure, Hosted IT Solutions
|
$625.0
|
$75MM Revolver/$550MM Term Loan
Term loan: six-year term/Revolver: three-and-a-half-year term
|
|
|
Wells Fargo Capital Finance/GE Capital
Join Lead Arrangers
|
Global Brass and Copper
Manufacturer/Copper, Copper-Alloy Components
|
$465.0
|
$150MM Revolver/$315MM Term Loan
Deal Source: KPS Capital Partners/Goldman Sachs Lending Partners:Arranger of term loan
|
|
|
JPMorgan Chase Bank
Lead Arranger, Admin Agent
|
Zep Inc.
Provider/Cleaning, Maintenance Solutions
|
$320.0
|
$245MM Revolver/$75MM Term Loan
Five-year term/Replaces previous $140MM agreement/;Wells Fargo Bank: syn agent, Regions Bank: doc agent
|
|
|
Banc of America Securities, RBS Citizens
Lead Lender
|
Hexcel
Manufacturer/Lightweight Structural Materials
|
$250.0
|
$150MM Revolver/$100MM Term Loan
Five-year term/Replaces previous credit facilit
|
|
|
JP Morgan Securities/JP Morgan Chase
Sole Lead Arranger/Admin Agent
|
Blackboard
Provider/Educational Enterprise Technology
|
$175.0
|
Revolver
Five-year term/Citibank, Credit Suisse: Co-syndiciation agents
|
|
|
GE Capital Markets/GE Antares
Joint Lead Arranger/Admin Agent
|
United States Infrastructure Corp
Provider/Utilities Locator, Marketing Svs
|
$158.5
|
Revolver
Deal Source: OMERS Private Equity
|
|
|
Golub Capital
Sole Bookrunner, Admin Agent
|
Syncsort
Provider/High-Performance Software Solutions
|
$125.0
|
Revolver
Supports refinancing
|
|
|
GE Antares Capital
Lead Lender
|
GCA Services Group
Provider/Janitorial, Facilities Management Services
|
$125.0
|
Revolver
GE Capital Markets: Co-lead arranger, bookrunner/Refinances existing facility
|
|
|
GE Capital, Corporate Finance
Collateral Agent
|
Ocean Beauty Seafoods
Processer/Seafood
|
$120.0
|
Revolver
GE Capital Markets: Joint lead arranger
|
|
|
PNC/Steel City Funding
Arranger/Second Lien Lender
|
HOP Energy
Provider/Fuel Delivery & HVAC Svcs
|
$102.5
|
$70MM Revolver/$20MM Term Loan
Steel City Funding: $7.5MM second lien/$5MM FILO advance
|
|
|
Morgan Stanley Senior Funding/Citicorp, RBC
Admin Agent, Collateral Agent/Co-Syn Agents
|
CKE Restaurants
Operator/Carl's Jr., Hardee's Restaurants
|
$100.0
|
Revolver
Five-year term/Morgan Stanley, Citigroup Global Markets, RBC Capital Market: jt bookrunners, jt lead arrangers
|
|
|
Goldman Sachs Lending Partners
Lender
|
Exopack Holding Corp
Manufacturer/Plastic, Paper Packaging Solutions
|
$100.0
|
Term Loan
Three-and-a-half-year term/Supports acquisition of Bemis Co. business assets
|
|
|
GE Canada Finance Holding
Lender
|
Fibrek
Producer/Virgin, Recycled Kraft Pulp
|
$75.0
|
Revolver
Three-year term/Société Générale de Financement du Québec provided five-year $78MM term loan
|
|
|
Burdale Capital Finance
Sole Lender
|
MAG Industrial Automation
Provider/Machine Tools Servicing
|
$60.0
|
Revolver
Three-year term
|
|
|
Bank of America
Lender
|
Summer Infant
Distributor/Juvenile Health, Safety, Wellness Products
|
$60.0
|
Revolver
Two-year term/Replaces existing line of credit
|
|
|
GE Capital/GE Capital Markets
Lender, Agent/Sole Lead Arranger, Bookrunner
|
Entravision Communications
Diversified Spanish-Language Media Company
|
$50.0
|
Revolver
Three-year term
|
|
|
Fifth Third Bank
Lender
|
Industrial Services of America
Processor/Scrap Metals, Recyclable Materials
|
$48.8
|
Revolver
Three-year term/Refinances existing indebtedness
|
|
|
LBC Credit Partners
Lender
|
MCMC LLC
Provider/Diversified Managed Care, Cost Containment
|
$42.5
|
Revolver
Supports refinancing
|
|
|
Madison Capital Funding
Lender
|
Saratoga Investment
Specialty Finance Company
|
$40.0
|
Revolver
Supports company recap, Repays debt facility with Deutsche Bank
|
|
|
RBS Business Capital
Lender
|
Hudson Highland Group
Provider/Recruitment, Talent Management Services
|
$40.0
|
Revolver
|
|
|
Capital One Leverage Finance
Lender
|
Creekstone Farms Premium Beef
Provider/Premium Beef Products
|
$36.5
|
Revolver/Term Loan
Deal Source: Sun Capital Partners
|
|
|
Oxford Finance/Silicon Valley Ban
Lead Lender/Lender
|
Zogenix
Pharmaceutical Company
|
$35.0
|
$10MM Revolving Credit Line/$25MM Term Loan
Existing investors provided additional $15MM million investment
|
|
|
Fifth Third Bank
Lender
|
FreightCar America
Manufacturer/Railroad Freight Cars
|
$30.0
|
Revolver
Replaces previous facilities with Bank of America
|
|
|
Oxford Finance
Lead Lender
|
Cadence Pharmaceuticals
Pharmaceuticals Company
|
$30.0
|
Revolver
Silicon Valley Bank, GE Financial Services participated
|
|
|
PrivateBank and Trust Company
Lender
|
Winmark
Provider/Franchise-Owned, Operated Business Opportunities
|
$30.0
|
Credit Line
Supports redemption of renewable unsecured subordinated notes
|
|
|
PNC Bank
Lender
|
National Distribution & Contracting
Distributor/Medical Supplies
|
$30.0
|
$25MM Revolver/$5MM Term Loan
Deal Source: Silver Oak Services Partners
|
|
|
Oxford Finance
Lender
|
United Orthopedic Group
Holding Company/Orthopedic, Rehab Products
|
$20.0
|
$10MM Revolving Credit Line/$10MM Growth Capital Loan
Supports expansion of business, product line
|
|
|
Cole Taylor Business Capital
Lender
|
The Matlet Group
Provider/Packaging, Printing, Fulfillment Services
|
$20.0
|
Revolver
Refinances existing indebtedness
|
|
|
PNC Bank
Lender
|
Turbine Engine Resources
Redistributor/Turbine Engines & Parts
|
$17.0
|
Revolver
Supports acquisition by Andlinger & Company and management group
|
|
|
CORE Business Credit
Lender
|
The Fragrance Outlet
Retailer/Brand Name Fragrances, Cosmetics
|
$15.3
|
Revolving Credit Line/Term Loan
Supports company recap
|
|
|
Sterling National Bank
Lead Lender
|
SPAR Group
Supplier/Retail Merchandising
|
$6.5
|
Revolver
Replaces existing line of credit/Supports growth, future acquisitions
|
|
|
Keltic Financial Services
Lender
|
Wheeler Consolidated
Manufacturer/Steel, Wood Bridges
|
$5.0
|
Revolving Credit Line
|
|
|
GE Capital, Healthcare Financial Service
Agent, Sole Lender
|
Mitralign
Developer/Mitral Regurgitation Treatments
|
$5.0
|
Revolver
Supports development of mitral valve repair device
|
|
|
Wells Fargo Bank
Lender
|
Sharps Compliance
Provider/Medical Waste Management Solutions
|
$5.0
|
Revolving Credit Line
Two-year term/Replaces $2.5MM credit agreement with JPMorgan Chase
|
|
|
Webster Bank
Lender
|
President Titanium
Distributor/Raw Titanium
|
$4.6
|
$3MM Credit Line/$1.6MM Term Loan
|
|
|
GE Capital, Healthcare Financial Services
Lender
|
QSpex Technologies
Provider/In-Office Solutions for Eye Care Professionals
|
$4.5
|
Revolver
Supports CAPEX funding for 2010 product launch
|
|
|
Silicon Valley Bank
Lender
|
Tachyon Networks
Provider/COTM Technology
|
$4.0
|
$2MM Revolver/$2MM Equipment Line
|
|
|
Wells Fargo Capital Finance
Lender
|
Waytronx
Developer/Companies That Produce Innovative Technologies
|
$4.0
|
Credit Line
|
|
|
Community National Bank
Lender
|
Janel World Trade
Provider/Integrated Logistics, Environmental Services
|
$3.5
|
Revolving Credit Line
One-year term/Replaces term loan with JPMorgan Chase Bank
|
|
|
GE Capital, Healthcare Financial Services
Lender
|
Tepha
Developer/Medical Devices
|
$3.2
|
Revolver
Expands global commercialization efforts
|
|
|
Silicon Valley Bank
Lender
|
Derycz Scientific
Developer/Companies That Re-use Published Content
|
$3.0
|
Revolving Credit Line
One-year term
|
|
|
Keltic Financial Services
Lender
|
Lighting Components & Design
Manufacturer/Custom Lighting Assemblies
|
$2.6
|
$2.5MM Revolving Credit Line/$.16MM Term Loan
|
|
|
US Capital Partners
Lender
|
Imagenetix
Manufacturer/Bioceutical Products
|
$1.5
|
Revolver
|
|
|
Presidential Financial
Lender
|
TeamStaff Government Solutions
Provider/Healthcare, IT, Logistical Services
|
$1.5
|
Revolver
Two-year term/Supports ongoing business operations
|
|
|
Thermo Credit
Lender
|
ATSI Communications
Provider/VoIP Services
|
$0.8
|
Revolver
|
|
|
