Welcome
to TSL's Deal Alert! The following industry-related
deals were compiled from TSL Express. Deals are
listed in alphabetical order by company.
TSL
Deal Alert reports that 145 deals totaling $9,065,526,000
were submitted to
[email protected] between April 3, 2013 - May 2,
2013.
If
you'd like your deals included here, or have any questions,
please contact [email protected].
Our
next Deal Alert will be sent during the first week of
June.
Need
to find an older deal? Click
here for the TSL Deal Alert archive for deals
from December 2010 on.
|
Deal
Size |
Borrower |
Notes |
ABN
AMRO Capital USA LLC |
$170,000,000 |
TAP
Funding Ltd., a wholly-owned subsidiary of Textainer Group
Holdings Limited |
Three-year
revolving credit facility, with a group of financial institutions
led by ABN AMRO Capital USA LLC, and including ING Belgium
NV/SA, Sovereign Bank, N.A. and, Union Bank, N.A. ABN
AMRO Capital USA LLC will serve as Administrative Agent
|
Access
Capital |
$500,000 |
IT
consulting firm,
New Jersey |
Credit
facility |
Al
Khalij Commercial Bank, Ahli United Bank, Arab Bank, Emirates
NBD Capital, National Bank of Abu Dhabi, Qatar National
Bank and Standard Chartered Bank |
$700,000,000 |
Mobile
Telecommunications Co, or Zain Group |
Three-year,
revolving credit facility |
Aileron
Capital Management |
$5,000,000 |
Loans
were provided to: borrowers utilizing the SBA 504 loan
program; three residential "fix and flip" transactions;
and for the acquisition of a Radisson Hotel |
Bridge
loans |
Amalgamated
Capital (AmalCap) |
N/A |
WhistlePig
LLC |
Three
year, asset-based senior secured revolving line of credit |
Amerisource
Business Capital |
$15,000,000 |
Oilfield
and industrial services firm, texas |
Revolving
ABL facility |
Bank
of America Business Capital |
N/A |
Vi-Jon,
Inc., a leading manufacturer, developer and distributor
of private label personal care products in the United
States |
Senior
secured credit facility to refinance the company's existing
debt, finance capital expenditure investment and provide
ongoing working capital |
Bank
of Montreal |
$35,000,000 |
UMH
Properties |
Unsecured
revolving credit facility |
Barclays
Bank PLC |
$100,000,000 |
Flagship
Credit Acceptance LLC |
Senior
lending facility |
Bibby
Financial Services |
$1,000,000 |
Company
that packages and distributes cigars and similar products
to retailers, Quebec, Canada |
Factoring
facility |
$3,250,000 |
Manufacturing
company, Ontario |
Factoring
facility |
$2,500,000 |
Transportation company, New Brunswick |
Factoring
facility |
$500,000 |
Media company, Ontario |
Factoring
facility |
$450,000 |
Transportation
company, Maryland |
Factoring
facility |
$250,000 |
Manufacturing company, Colorado |
Factoring
facility |
$250,000
|
Temporary
and permanent staffing, Texas |
Factoring
facility |
$250,000 |
Distribution
company, Ontatrio |
Factoring
facility |
$250,000 |
Transportation company, Georgia |
Factoring
facility |
$250,000 |
Food and beverage company, Quebec |
Factoring
facility |
Business
Capital |
$2,000,000 |
High
volume provider of quality granite and stone residential
products,
North Carolina |
Successfully
restructured $2 million of creditor claims out of court |
$2,000,000 |
Wine
company, California |
Recapitalization
and acquisition financing |
Capital
One Bank |
$35,000,000 |
American
Apparel, Inc. |
Five-year
asset-backed revolving credit facility |
CapitalSource
|
$20,000,000 |
ASG
Security,
Beltsville, MD |
Increase
to ASG Security's revolving credit facility |
Celtic
Capital Corporation |
$2,000,000
|
Healthcare-related
company, Arizona |
A/R
line of credit |
$3,500,000
|
Pipes
and fitting distributor, Texas |
A/R
line of credit |
$750,000 |
Minnesota-baked
goods manufacturer |
A/R
line of credit |
$750,000 |
Designer
and manufacturer of collapsible water bottles needed its
first-ever line of credit to grow the business |
A/R
line of credit |
$1,500,000 |
Dallas-based
ready-mix concrete manufacturer |
A/R
line of credit and equipment loan |
$1,150,000 |
Distributor
of office supplies and furniture |
A/R
and inventory lines of credit |
Citibank
and JPMorgan Chase Bank |
$1,000,000,000 |
Southwest
Airlines |
Five-year revolving credit arrangement; Citibank and JPMorgan
Chase Bank as co-administrative agents |
CIT
Group |
$220,000,000 |
To
help finance the acquisition of TrustHouse Services Group
by Elior SCA and Charterhouse Capital Partners. |
Senior
secured credit facility; CIT Corporate Finance served
as sole lead arranger and administrative agent. CIT Bank
provided financing |
$96,000,000 |
Harvest
Partners, a leading middle market private equity firm,
to support its refinancing of TruckPro, LLC |
Senior
secured credit facility; CIT Corporate Finance served
as co-lead arranger and documentation agent. CIT Bank
provided financing |
Comerica
Bank |
$17,000,000 |
NeoPhotonics
Corporation |
Senior
secured facility; Comerica was administrative agent and
leader arranger and East West bank served as lender |
Coral
Capital Solutions |
$50,000,000 |
Distributor
of
dairy products |
Factoring facility |
Credit
Suisse, Morgan Stanley, Bank of America Merrill Lynch, Barclays,
Deutsche Bank, Goldman Sachs, J.P. Morgan, Royal Bank of
Canada and UBS |
$1,780,000,000 |
Dynegy,
Inc., Houston TX |
Consisting
of a $1.78 billion new credit facility, including $1.3
billion in new senior, secured term loans and a $475 million
corporate revolver account |
Crestmark |
$150,000 |
Start-up
trucking operation hauling general dry freight primarily
in the southern states, Kentucky |
Accounts
receivable purchase facility |
$500,000 |
Broker
and distributor of steel, Michigan |
Ledgered
line of credit facility |
$750,000 |
Medical staffing company, Alabama |
Ledgered
line of credit facility |
$600,000
|
Manufacturer of sublimation printing, Ohio |
Ledgered
line of credit facility with advances on accounts receivable |
$300,000 |
Company that assists car rental agencies dispose of their
fleets, California |
Accounts receivable purchase facility |
$750,000 |
Staffing company, South Carolina |
Ledgered
line of credit facility |
Crossroads
Financial |
$700,000 |
Food
manufacturer |
Purchase
order financing; Crestmark also provided a
$550,000 facility |
Deutsche
Bank AG New York Branch and Bank of America, N.A |
$300,000,000 |
Flowers
Foods |
Senior unsecured delayed-drawn term loan facility, to
help finance the pending acquisition of certain brands
and assets of Hostess Brands, Inc., and pay certain acquisition-related
costs and expense |
Doral
Healthcare Finance (DHF) |
$3,000,000 |
Behavioral
health and rehab chain, Minnesota |
Asset-based
working capital facility |
$2,000,000 |
Nursing
home, New York |
Asset-based
working capital facility |
DS-Concept
Factoring |
$1,500,000 |
Manufacturer
and wholesaler of mattresses, North Carolina |
A/R
line |
$2,000,000 |
Wholesale
distributor and designer of women’s clothing, selling
to high end retailers |
A/R
line |
Deutsche
Bank Securities Inc., Merrill Lynch, Pierce, Fenner &
Smith Incorporated, UBS Securities, LLC and Citigroup Global
Markets Inc. |
$1,425,000
|
Leap
Wireless International, Inc.'s wholly-owned subsidiary,
Cricket Communications, Inc. |
Incremental
term loan facility |
Far
West Capital |
$1,600,000 |
Hardwood
products company,
Salt Lake City, UT |
N/A |
$1,100,000 |
Snack
food manufacturer, Irvine, CA |
N/A |
$250,000 |
Transportation
company, Wills Point, TX |
N/A |
$200,000 |
Transportation
company, Marble Falls, TX |
N/A |
$350,000 |
Telecommunications
company, Austin, TX |
N/A |
$500,000 |
Pond
maintenance products company, Fort Wayne, IN |
N/A |
$40,000 |
Transportation
company, Odessa, TX |
N/A |
$1,000,000 |
Lumber
and building supply company, Miami, FL |
N/A |
$600,000 |
Business
support services company, Austin, TX |
N/A |
Federal
National Commercial Credit |
$4,000,000 |
Healthcare
IT and training services firm |
Government
contract funding line |
$250,000 |
IT consulting firm |
Accounts receivable financing line |
$300,000 |
IT
consulting firm |
Payroll
funding line |
First
Business Capital Corp. |
$2,400,000 |
Wholesaler
of steel coils and sheets, New Jersey |
Revolving
line of credit and real estate term loan |
$4,000,000 |
Distributor
of office equipment, Indiana |
Revolving
line
of credit |
First
Capital |
$10,000,000 |
Key
Industries, Inc., a manufacturer of quality work wear |
Revolving
line
of credit |
First
Growth Capital |
$5,000,000 |
Producer
of retail beverage displays |
Working
capital credit facility |
Full
Circle Capital Corporation |
$6,000,000 |
Modular
Process Control LLC (MPC),
Chesterfield, MO |
Senior
secured
credit facility |
$4,400,000 |
Pristine
Environments, Inc. (PEI), McLean, VA |
Senior secured
credit facility |
GB
Credit Partners |
$30,000,000 |
BrandsMart
U.S.A. |
Senior
secured
term loan |
GE
Capital, Corporate Finance |
$195,000,000 |
Electrical
Components International, Inc. (ECI), St. Louis, MO |
Cash
flow
credit facility |
GE
Capital, Franchise Finance |
N/A |
Interaction
Asian Restaurants L.P |
Development
credit facility |
$45,000,000 |
Lightstone
Value Plus REIT Inc., sponsored by The Lightstone Group |
Revolving
credit facility |
GemCap |
$9,850,000 |
Automotive
factory |
Credit
facility |
$7,500,000 |
Supplier
to the bar and restaurant industry |
Revolving
facility against accounts receivables and inventory |
$500,000 |
Stand-up
paddle board company |
Revolving
facility based on inventory and accounts receivables |
Gemino
Healthcare Finance |
$7,000,000 |
The
Judge Rotenberg Educational Center, Inc. (JRC), Canton,
MA |
Revolving
line
of credit |
Goldman
Sachs |
$1,750,000,000 |
J.C.
Penney |
Five-year
senior secured term loan |
HSBC |
$75,000,000 |
AVG
Technologies N.V. |
Credit
facility |
JD
Factors |
$75,000
|
Transportation
company, Florida |
Factoring
facility |
$300,000 |
Transportation
company, Illinois |
Factoring
facility |
$75,000 |
Transportation
company, California |
Factoring
facility |
$400,000 |
Delivery
service company, Quebec |
Factoring
facility |
$150,000 |
Staffing
company, North Carolina |
Factoring
facility |
$50,000 |
Telecommunications
company in Texas |
Factoring
facility |
$50,000 |
Transportation
company, Florida |
Factoring
facility |
$1,000,000 |
Transportation
brokerage company, Illinois |
Factoring
facility |
$50,000 |
Transportation
company in Ontario |
Factoring
facility |
$2,500,000 |
Staffing
company, New Jersey |
Factoring
facility |
$75,000 |
Transportation
company, Georgia |
Factoring
facility |
$150,000 |
Transportation
company, Quebec |
Factoring
facility |
$500,000 |
Distribution
company, Quebec |
Factoring
facility |
$500,000 |
Promotional
products manufacturing company, Illinois |
Factoring
facility |
$250,000 |
Transportation
company, Oregon |
Factoring
facility |
$500,000 |
Soil
remediation company, Illinois |
Factoring
facility |
$50,000 |
Transportation company, Tennessee |
Factoring
facility |
$100,000 |
Transportation
company, Indiana |
Factoring
facility |
Jefferies
LLC |
$195,000,000 |
Playboy Enterprises |
Unsecured
revolving credit facility, consisting of a $185 million
term loan and $10 million in revolving credit |
JPMorgan
Chase Bank, N.A. |
$200,000,000 |
1-800-flowers.com |
Revolving
credit facility |
J.P.
Morgan Securities LLC and Merrill Lynch, Pierce, Fenner
& Smith Incorporated |
$500,000,000 |
Weingarten
Realty Investors |
Unsecured revolving credit facility |
KeyBank
National Association and Stearns Bank National Association |
$20,000,000 |
Kona
Grill, an American
Grill and Sushi Bar |
N/A |
King
Trade Capital (KTC) |
$1,300,000
(£850,000) |
Importer of security equipment, United Kingdom |
Purchase
order finance commitment |
$5,000,000 |
Dubai-based and Isle of Man domiciled fuel trading company |
Trade
finance facility |
LBC
Credit Partners |
$60,000,000
|
High
Performance Industries, Inc. |
Senior
secured
term loan |
$34,000,000 |
Quintec,
a portfolio company of Tenex Capital Management |
Senior
secured
term loan |
Marquette
Business Credit, Inc. |
$10,000,000 |
Footprint
Retail Services |
Revolving
line
of credit |
MidCap
Financial SBIC, LP (MidCap Financial) |
$20,000,000 |
Anthera
Pharmaceuticals, Inc. |
Debt
financing facility |
Monroe
Credit Advisors |
$23,500,000 |
Footprint Retail Services, a Chicago Growth Partners portfolio
company |
Senior
secured
credit facilities |
NewStar
Business Credit |
$7,500,000 |
Corporate
Call Center (CCC), Blue Bell, PA |
Credit
facilities which include revolving
and term loans |
OneWest
Bank, Barclays Plc and City National Bank |
$115,000,000 |
Relativity
Media, LLC |
Five-year
revolving credit facility |
PNC
Bank |
$50,000,000 |
Pebblebrook
Hotel Trust and Denihan Hospitality Group |
Non-recourse,
secured loan |
Porter
Billing Services and Porter Capital Corporation |
$25,000 |
Transportation
company, Madison, MS |
Factoring
facility |
$65,000 |
Transportation
company, Sterrett, AL |
Factoring
facility |
$75,000 |
Fleet
management and consulting company,
San Diego, CA |
Factoring
facility |
$125,000 |
Security
staffing company, Philadelphia, PA |
Factoring
facility |
$250,000 |
Transportation
company, Caledonia, MI |
Factoring
facility |
$300,000 |
Transportation
company, Eight Mile, AL |
Factoring
facility |
$350,000 |
Distributor
of industrial piping and valves, Bay Minette, AL |
Factoring
facility |
$350,000 |
Transportation
company, San Bernardino, CA |
Factoring
facility |
P-Wave
Holdings |
$5,000,000 |
Powerwave
Technologies |
Multiple draw senior secured priming term loan credit
facility |
RBS
Citizens, N.A |
$63,000,000 |
Diversified
Restaurant Holdings, Inc. |
RBS
Citizens, N.A., acted as lead lender and administrative
agent, with Wells Fargo Bank, N.A as documentation agent
and lender; consisted of $46 million term loan, $15 million
development line of credit and a $2 million revolving
line of credit |
$75,000,000 |
TRC
Companies, Inc. |
Five-year
revolving credit facility with RBS Citizens, as lead bank,
and JPMorgan Chase |
Renewable
Power Resources, LLC |
$6,500,000 |
XZERES
Corp. |
Credit
facility |
Salus
Capital Partners, LLC |
N/A |
Scott
Kay, Inc., a leading designer and manufacturer of bridal
and fashion oriented jewelry |
Senior
secured
term loan |
$8,000,000 |
Totsy,
Inc. |
Senior
secured
term loan |
C$35,000,000
($34,846,000) |
Laura's
Shoppe (P.V.) Inc. |
Senior
secured
credit facility |
Securcor
Trust |
$50,000,000 |
Rifco
Inc. |
Funding
facility renewal that replaces a previously authorized
$80M facility of which only 33% was utilized |
Silicon
Valley Bank |
$25,000,000 |
Mattson
Technology, Inc., a supplier of advanced process equipment
used to manufacture semiconductors |
Three-year
revolving vredit facility |
$11,000,000 |
CardioFocus,
a medical device manufacturer |
Oxford
Finance and Silicon Valley Bank provided the facility
to CardioFocus |
Silo
Financial Corp. |
$3,450,000
|
Repeat
borrower who has successfully completed two similar homes
|
To
construct a luxury single family residence on 240 Little
Plains Road, Southampton Village, NY |
Square
1 Bank |
$3,000,000 |
SteadyMed
Therapeutics, Ramon, CA, a specialty pharmaceutical company
backed by KB Partners and Samson Ventures |
Term
loan |
Summit
Financial Resources |
$400,000
|
Health
food company, Sacramento, CA |
A/R
credit line |
$850,000 |
Consumer
electronics testing firm |
A/R
credit line |
$500,000
|
Staffing
company |
A/R
credit line |
$2,000,000 |
Service
company |
A/R
credit line |
$1,000,000 |
Jewelry
manufacturer |
A/R
credit line |
$700,000
|
Wholesaler
of books and other media, Denver |
A/R
credit line |
$1,750,000
|
Manufacturer
of corrugated containers,
St. Louis, MO
|
A/R
credit line |
TAB
Bank |
$2,000,000 |
Snowbird
Environmental Systems Corporation, Jacksonville, FL |
Senior
revolving credit facility |
TCA
Global Credit Master Fund, LP |
$5,000,000
|
Petron
Energy II, Inc. |
Line
of credit facility |
ThePrivateBank
& Trust |
$35,000,000 |
Vision
Security |
Credit
facility |
U.S.
Bank |
$1,500,000 |
General
Growth Properties, Inc. |
U.S. Bank acted as joint lead arranger, joint bookrunner
and administrative agent on the transaction; RBC Capital
Markets served as joint-lead arranger (left), joint bookrunner
and syndication agent |
US
Capital Partners, LLC |
$6,000,000 |
Laser Engineering, Inc. (LEI), Franklin, TN |
$1
million bridge financing round and a $5 million accounts
receivable line of credit |
Veritas
Financial Partners |
$10,000,000 |
Factor and purchase order funding provider, Connecticut |
Consisting
of a $5 million senior secured revolving line of credit
and $5 million co-lender facility |
Victory
Park Capital |
$75,000,000 |
Kabbage
Inc. |
Debt
financing |
Wells
Fargo Bank, N.A. |
$400,000,000 |
Pennsylvania
Real Estate Investment Trust |
Unsecured
credit facility |
Wells
Fargo Capital Finance Corporation Canada |
$60,000,000 |
SAIL
Outdoors, Inc. |
Senior
secured
credit facility |
Wells
Fargo Capital Finance |
$82,000,000 |
Business
Financial Services, Inc. |
Credit
facility |
$50,000,000 |
Redknee
Solutions, Inc. |
Consisting
of a $20 million revolver and $30 million in term loans |
Wells
Fargo Securities, LLC, Regions Capital Markets, a division
of Regions Bank, and GE Capital Markets, Inc. |
$250,000,000 |
Denny's
Corporation, one of America's largest full-service family
restaurant chains |
Wells
Fargo Securities, LLC, Regions Capital Markets, a division
of Regions Bank, and GE Capital Markets, Inc. served as
the joint lead arrangers and joint bookrunners for the
new credit facility |
$50,000,000 |
North
Mill Equipment Finance LLC (North Mill EF) |
Senior
loan facility |
Whitehorse
Finance |
$17,000,000 |
Advanced
Tissue |
Senior
secured
credit facility |
|
|
|