|
7/1/2022
|
First Business Bank , Lender
|
Bank
|
$4.5M |
Transportation company |
Energy |
Accounts receivable factoring facility |
|
7/1/2022
|
Wells Fargo Bank, National Association, Lender
|
Bank
|
$7.0M |
Smith Micro Software, Inc., a developer of software to simplify and enhance the mobile experience |
Technology |
Secured revolving credit facility |
|
7/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, Lender
|
Bank
|
$7.5M |
Aluminum pole manufacturer, Ohio |
Manufacturing |
Asset-based lending facility consisting of $6 million and a $1,575,380 term loan |
|
7/1/2022
|
Bridge Bank , Lender
|
Bank
|
$7.5M |
Blue Sky eLearn, an e-learning experience and virtual event company that helps organizations advance the career of every professional, San Diego, CA |
Business Services |
Credit facilities |
|
7/1/2022
|
Huntington Business Credit, Lender
|
Bank
|
$16.0M |
Stansport, LLC, a supplier of branded and private label camping, hiking, outdoor, survival, emergency prep gear and child play tents primarily to leading retailers, Los Angeles, CA |
Apparel |
Credit facilities |
|
7/1/2022
|
BHI , Lender
|
Bank
|
$20.0M |
North Shore Components, Inc., a global OEM distributor of electronic computer parts, components and hardware based in Bellport, NY |
Distribution |
Revolving loan |
|
7/1/2022
|
Cambridge Savings Bank?, Lender
|
Bank
|
$26.0M |
Modera Wealth Management, LLC?(MWM), a fee-only, independently owned and operated registered investment advisor (RIA) and financial planning firm |
Financial Services |
Financing package |
|
7/1/2022
|
CIT, a division of First Citizens Bank, Lender
|
Bank
|
$29.9M |
For the acquisition of a portfolio of industrial buildings in Greater Chicago by Aminim Group |
Real Estate |
Financing |
|
7/1/2022
|
Fifth Third Business Capital , Lender
|
Bank
|
$27.8M |
Comfort Research, a manufacturer of affordable furniture, pool products, and outdoor furniture with its primary line of products being the Big Joe brand of bean bag chairs |
Manufacturing |
Revolving line of credit |
|
7/1/2022
|
Bank of Montreal , Lender
|
Bank
|
$33.0M |
PopReach Corporation, , a Tier 1 Issuer on the TSX Venture Exchange, with shares also trading on OTCQX® Best Market, is a free-to-play game publisher focused on acquiring and optimizing proven franchises |
|
Secured credit facilities consist of a $8 million revolving facility, a $25 million non-revolving term facility, and an "accordion" option for up to an additional $15 million. |
|
7/1/2022
|
National Bank of Canada, Lender
|
Bank
|
$42.0M |
Pluribus Technologies Corp, a technology company that is a value-based acquirer of small, profitable business-to-business technology companies in a range of verticals and industries |
Technology |
Three-year credit facility |
|
7/1/2022
|
CIT Northbridge Credit, Lender
|
Bank
|
$47.0M |
A leading e-commerce seller of branded consumer products |
|
Financing consisting of a $30 million revolving credit facility provided by CIT Northbridge, a $5 million term loan provided by Tiger Finance, and an accordion for up to an additional $12 million |
|
7/1/2022
|
CIT Northbridge Credit, Lender
|
Bank
|
$65.0M |
Hello Bello, a manufacturer and marketer of baby, child and adult care products |
Manufacturing |
Credit facility |
|
7/1/2022
|
Prosperity Bank , Lender
|
Bank
|
$100.0M |
RealManage, one of the nation's top three HOA and condominium management companies |
Real Estate |
Debt capital |
|
7/1/2022
|
HSBC, Lender
|
Bank
|
$127.0M |
Proposed acquisition of Particle Culture Technology Group in mainland China |
Technology |
Acquisition financing |
|
7/1/2022
|
CIT, a division of First Citizens Bank, Lender
|
Bank
|
$145.0M |
Natural Gas Compression Systems, a full-service gas compression equipment and service business that provides contract compression and recurring field service throughout the United States and Canada, Traverse City, MI |
Manufacturing |
Credit facility |
|
7/1/2022
|
HSBC Bank USA , Lender
|
Bank
|
$150.0M |
Tangelo, a leading financial technology company in Latin America specializing in alternative credit |
Technology |
Credit facility |
|
7/1/2022
|
Rabobank, Lender
|
Bank
|
$200.0M |
CleanCapital, an industry-leading clean energy investment platform |
Energy |
Credit facility |
|
7/1/2022
|
Ares Management Corporation, Lender Goldman Sachs, Lender
|
Non-bank, Bank
|
$200.0M |
Kyte, a company pioneering cars delivered to you on-demand, San Francisco, CA |
|
Asset-backed credit financing |
|
7/1/2022
|
Huntington Business Credit , Lender
|
Bank
|
$550.0M |
Designer Brands Inc., a leading North American footwear and accessories designer, producer and retailer for women, men, and children, Columbus, OH |
Retail |
Credit facility |
|
7/1/2022
|
Oxford Finance LLC , Lender
|
Bank
|
$660.0M |
Specialty Dental Brands, a dental services organization focused on pediatric dentistry, orthodontics, and oral surgery |
Healthcare |
Senior credit facility |
|
7/1/2022
|
JPMorgan Chase Bank, N.A.
|
Bank
|
$300.0M |
Wayflyer, the revenue-based financing and growth platform for e-commerce businesses |
Technology |
Debt facility |
|
7/1/2022
|
JPMorgan Chase Bank, N.A., Administrative Agent Barclays Bank PLC, Joint Lead Arranger BOK Financial, Additional Lender First Financial Bank, Additional Lender Morgan Stanley Senior Funding, Inc., Joint Lead Arranger Sumitomo Mitsui Banking Corporation, Joint Lead Arranger Wells Fargo Securities, LLC, Joint Lead Arranger
|
Bank
|
$350.0M |
Excelerate Energy, Inc. is a US-based LNG company, The Woodlands, Texas |
Manufacturing |
Senior secured revolving credit facility |
|
7/1/2022
|
Bank of America, N.A. JPMorgan Chase Bank, N.A. Regions Bank Texas Capital Bank National Association U.S. Bank National Association Wells Fargo Bank National Association Zions Bancorporation, N.A.
|
Bank
|
$425.0M |
Clarus Corporation, a global leading designer, developer, manufacturer and distributor of best-in-class outdoor equipment and lifestyle products |
|
Amended and upsized existing senior secured credit facility consisting of an increased revolving credit facility of $300 million and a $125 million term loan |
|
7/1/2022
|
CIT, a division of First Citizens Bank, Coordinating Lead Arranger Deutsche Bank, Coordinating Lead Arranger HSBC, Coordinating Lead Arranger Nomura, Coordinating Lead Arranger Rabobank, Coordinating Lead Arranger Santander, Coordinating Lead Arranger
|
Bank
|
$375.0M |
Origis Energy, one of Americas leading renewable energy platforms |
Energy |
Credit facility |
|
7/1/2022
|
Bank of America, N.A., Administrative Agent BMO Capital Markets Corp., Joint Bookrunner JPMorgan Chase Bank, N.A., Syndication Agent PNC Bank, N.A., Documentation Agent Truist Bank, Documentation Agent Wells Fargo Securities, LLC,, Joint Bookrunner
|
Bank
|
$700.0M |
Sprouts Farmers Market, Inc., a supermarket chain headquartered in Phoenix, AZ |
|
Revolving credit facility and credit agreement that refinances the companys previously existing $700 million revolving credit facility |
|
7/1/2022
|
BMO Financial Group, Lead Sustainability Structuring Agent CIBC Financial Group, Co-Lead Sustainability Structuring Agent TD Financial Group, Co-Lead Sustainability Structuring Agent
|
Bank
|
$1.0B |
Gildan, a leading manufacturer of everyday basic apparel which markets its products in North America, Europe, Asia Pacific, and Latin America |
Apparel |
Amended and restated $1 billion 5-year revolving credit facility |
|
7/1/2022
|
Bank of America JPMorgan Chase Bank, N.A. MUFG Bank Sumitomo Mitsui Banking Corporation Truist Wells Fargo
|
Bank
|
|
Ares Capital Corporation |
Lender Finance |
Revolving credit facility |
|
7/1/2022
|
BNP Paribas, Documentation Agent DNB Capital LLC , Sustainability Coordinator
|
Bank
|
$1.4B |
Statkraft, a leading company in hydropower internationally and Europes largest generator of renewable energy |
Energy |
Five-year sustainability-linked syndicated revolving credit facility |
|
7/1/2022
|
Bank of America, N.A. Pathlight Capital LP
|
Bank, Non-bank
|
$24.0M |
Armstrong Flooring, Inc., an industry-leading manufacturer of innovative flooring products focusing on design, performance and durability for the home and commercial applications |
Manufacturing |
debtor-in-possession (DIP) financing, consisting of an asset-based revolving credit facility and a term loan facility |
|
7/1/2022
|
Fifth Third Bank, National Association PNC Capital Markets LLC
|
Bank
|
$76.3M |
Greenbacker Renewable Energy Company LLC, a leading owner and operator of sustainable infrastructure and energy efficiency projects |
Energy |
Senior credit agreement |
|
6/1/2022
|
TAB Bank, Lender
|
Bank
|
$2.0M |
Full-service demolition contractor that specializes in commercial teardown work, natural disaster cleanup, historic renovation, and residential teardown, Alaska |
Advertising |
Asset-based credit facility |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$2.5M |
Waste/recycling management company, Florida |
Advertising |
Ledgered line of credit |
|
6/1/2022
|
Crossroads Financial, LLC, Lender
|
Bank
|
$1.8M |
Manufacturer and distributor of art glass and tile |
Biotechnology |
Inventory revolving line of credit, partnered with factoring company |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$1.0M |
Transportation services provider, California |
Equipment |
Ledgered line of credit facilities |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$750.0K |
Dry van trucking company, California |
Advertising |
Accounts receivable facility |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$500.0K |
Flatbed trucking company, Oklahoma |
Advertising |
Accounts receivable facility |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$500.0K |
Staffing company, California |
e-Commerce |
Accounts receivable facilities |
|
6/1/2022
|
Cross River Bank , Lender
|
Bank
|
$50.0M |
Cherry Technologies, which enables medical practices to offer flexible payment plans to their patients |
Technology |
Credit facility |
|
6/1/2022
|
Goldman Sachs Asset Management , Lender
|
Bank
|
$50.0M |
Eagle Global, a women and minority-owned distributed gaming provider, Georgia |
|
Financing agreement |
|
6/1/2022
|
JPMorgan Chase, Lender
|
Bank
|
$63.0M |
Buyerlink, a leading online auction marketplace for performance-based marketing |
Technology |
Credit facility |
|
6/1/2022
|
CIT, a division of First Citizens Bank, Lender
|
Bank
|
$51.0M |
The acquisition of the Oceana Apartments in Avondale, AZ |
Technology |
Financing |
|
6/1/2022
|
CIT, a division of First Citizens Bank, Lender
|
Bank
|
$71.4M |
Arches Solar LLC, a subsidiary of CleanCapital, owns a portfolio of distributed generation solar projects being developed in Howard County, Maryland |
Energy |
Financing |
|
6/1/2022
|
CIBC Innovation Banking , Lender
|
Bank
|
$100.0M |
Expensify, a payments superapp that helps individuals and businesses around the world simplify the way they manage money, Portland, OR |
Technology |
Credit facility |
|
6/1/2022
|
DZ BANK, Lender
|
Bank
|
$100.0M |
Ensurem, an insurance technology and distribution company, Largo, FL |
Technology |
Credit facility |
|
6/1/2022
|
PNC Bank, Lender
|
Bank
|
$100.0M |
Pyxus International, Inc., a global agricultural company with more than 145 years' experience delivering value-added products and services to businesses and customers |
Agriculture |
Asset-based lending (ABL) credit facility |
|
6/1/2022
|
IDB Bank , Lender
|
Bank
|
$125.0M |
5 Star Apparel, which styles and manufactures many of the best-known names in fashion including but not limited to True Religion, Lee Jeans, IZOD and Eddie Bauer |
Manufacturing |
Credit facility |
|
6/1/2022
|
CIBC Innovation Banking , Lender
|
Bank
|
$150.0M |
VTS, a leading provider of commercial real estate software |
Technology |
Syndicated debt financing |
|
6/1/2022
|
KeyBanc Capital Markets , Lender
|
Bank
|
$250.0M |
Scout Clean Energy, a renewable energy developer, owner, and operator, Colorado |
Energy |
Revolving corporate credit facility |
|
6/1/2022
|
Barclays, Lender
|
Bank
|
$300.0M |
DailyPay, a leading technology platform |
Technology |
Revolving credit facility |
|
6/1/2022
|
Fifth Third Bank, Joint Lead Arranger
|
Bank
|
$300.0M |
Bluegreen Vacations Holding Corporation, a Florida-based holding company whose operations relate to the operations of its wholly owned subsidiary, Bluegreen Vacations Corporation, a leading vacation ownership company that markets and sells vacation owner |
|
The amended and restated facility provides for total borrowings of up to $300 million, consisting of a term loan of $100 million and a revolving line of $200 million |
|
6/1/2022
|
Citibank, N.A., Co-Structuring Agent Credit Suisse Securities (USA) LLC, Co-Structuring Agent
|
Bank
|
$500.0M |
Voyager Aviation Holdings, LLC, a global full-service aircraft asset lessor and manager |
Aviation |
Five-year senior secured warehouse facility |
|
6/1/2022
|
Wells Fargo Capital Finance
|
Bank
|
$575.0M |
Siena Lending Group LLC |
Lender Finance |
Senior credit facility |
|
6/1/2022
|
Barclays Bank PLC BofA Securities, Inc. Goldman Sachs Bank USA Jefferies Finance LLC JPMorgan Chase Bank, N.A Morgan Stanley Senior Funding, Inc. Truist Securities, Inc.
|
Bank
|
$825.0M |
Olaplex, Inc., an indirect wholly owned subsidiary of Olaplex Holdings, Inc., an innovative, science-enabled, technology-driven beauty company with a mission to improve the hair health of its consumers |
|
Credit agreement comprised of a $675 million senior secured term loan facility and a $150 million senior secured revolving credit facility |
|
6/1/2022
|
Bank of America, Sustainability Coordinator Bank of Montreal, Joint Lead Arranger BNP Paribas, Lender City National Bank, Lender HSBC Bank USA, Lender The Bank of Nova Scotia, Lender US Bank, Joint Lead Arranger Wells Fargo Bank, Joint Lead Arranger
|
Bank
|
$1.0B |
Tetra Tech, Inc., a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure |
Business Services |
Credit facility |
|
6/1/2022
|
BNP Paribas, Joint Lead Arranger BofA Securities Inc., Joint Lead Arranger Citibank, N.A., Joint Lead Arranger Wells Fargo Securities, LLC, Joint Lead Arranger
|
Bank
|
$1.8B |
Fluor Corporation, an American multinational engineering and construction firm, Irving, TX |
Construction |
Credit facility increase |
|
6/1/2022
|
Encina Lender Finance, LLC (ELF) Georgia Banking Company (GBC)
|
Non-bank, Bank
|
$40.0M |
Microf LLC, a leading provider of rent-to-own and lease-purchase solutions for residential HVAC systems, Roswell, GA |
HVAC Equipment |
Senior credit facility |
|
6/1/2022
|
Bank of America, N.A., Administrative Agent Fifth Third Securities, Inc., Joint Lead Arranger KeyBanc Capital Markets, Inc., Joint Lead Arranger Webster Bank N.A., Co-Documentation Agent
|
Bank
|
$495.0M |
Ameresco, Inc., a leading energy efficiency and renewable energy company |
Energy |
Amended and restated senior secured credit facility |
|
6/1/2022
|
Silicon Valley Bank, Lender
|
Bank
|
$45.0M |
EyePoint Pharmaceuticals, Inc., a pharmaceutical company committed to developing and commercializing therapeutics |
Advertising |
Consisting of a $30 million term loan facility and an asset-based revolving credit facility of up to $15 million |
|
6/1/2022
|
CIT, a division of First Citizens Bank, Lender
|
Bank
|
$44.0M |
Medical office buildings and facilities in Florida, Washington, and Arizona |
Consumer Products |
Financing |
|
6/1/2022
|
Fifth Third Business Capital, Lender
|
Bank
|
$29.0M |
Precision Marshall, a leading value-add supplier of prefinished tool steel and alloy plates, ground flat stock, and drill rod to distributors/service centers across the globe, Washington, PA |
Advertising |
Revolving credit facility, term loan and capital expenditure line |
|
6/1/2022
|
J.P. Morgan Chase Bank, Lender
|
Bank
|
$30.0M |
Grid Dynamics, a digital-native technology services provider that accelerates growth and bolsters competitive advantage for Fortune 1000 companies |
Electronics |
Revolving line of credit facility |
|
6/1/2022
|
Citizens, Lender
|
Bank
|
$20.0M |
Luxury fashion retailer Oscar de la Renta |
Advertising |
Revolving line of credit |
|
6/1/2022
|
CIT Northbridge Credit, Lender
|
Bank
|
$20.0M |
Davey Coach Holdings, Sedalia, CO, a portfolio company of Progress Equity Partners and one of the nation's leading providers of new and used shuttle bus and rental services |
Equipment |
Senior credit facility |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$15.0M |
Industrial manufacturing company, Iowa |
Biotechnology |
Asset-based loan facility |
|
6/1/2022
|
East West Bank, Lender
|
Bank
|
$12.0M |
NewAge, Inc. a direct selling company with a primary focus on healthy products |
Advertising |
Revolving line of credit agreement |
|
6/1/2022
|
CIBC Innovation Banking, Lender
|
Bank
|
$12.0M |
Phorest Salon Software, a leading provider of online booking and management software for salon owners, Dublin |
Electronics |
Growth financing |
|
6/1/2022
|
Seacoast Business Funding, Lender
|
Bank
|
$10.0M |
Sports medicine and therapeutic product manufacturer, Southeast |
Biotechnology |
Asset-based facility with A/R and inventory |
|
6/1/2022
|
Fifth Third Business Capital, Lender
|
Bank
|
$9.0M |
Armored Republic Holdings LLC, a manufacturer of body armor and related accessories primarily for direct-to-consumer use as well as select law enforcement and public safety professionals |
Advertising |
Revolving line of credit, term loan and capital expenditure facility |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$7.7M |
Dairy farm, Idaho |
Advertising |
Structured finance solutions |
|
6/1/2022
|
First Business Specialty Finance, LLC, a subsidiary of First Business Bank, Lender
|
Bank
|
$6.0M |
Beverage manufacturer seeking acquisition financing |
Biotechnology |
Revolving credit facility, equipment term loan, and Capex line |
|
6/1/2022
|
Canadian Imperial Bank of Commerce (CIBC), Lender
|
Bank
|
$5.0M |
CEMATRIX Corporation, a North American leading manufacturer and supplier of technologically advanced cellular concrete products |
Biotechnology |
Credit facility |
|
6/1/2022
|
Crossroads Financial, LLC, Lender
|
Bank
|
$4.5M |
Manufacturer of upstream and midtsream process and production equipment for the oil and gas space |
Biotechnology |
Inventory revolving line of credit, partnered with factoring company |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$4.0M |
Hospital in the eastern U.S. for medical equipment |
Advertising |
Equipment finance transaction |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$400.0K |
Regional freight-all-kinds transport company, Maryland |
Equipment |
Accounts receivable facilities |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$400.0K |
Freight-all-kinds transport company, Massachusetts |
Equipment |
Accounts receivable facilities |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$200.0K |
Freight-all-kinds transport company, Wyoming |
Equipment |
Accounts receivable facilities |
|
6/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$250.0K |
Refrigerated trucking company, Arizona |
Advertising |
Accounts receivable facility |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$4.0M |
Refrigerated transportation company, Florida |
Transportation |
Accounts receivable facility |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$3.1M |
Pharmaceutical company in the eastern U.S. for IT equipment |
Pharmaceutical |
Equipment finance transaction |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$3.0M |
Freight All Kinds trucking company, Oklahoma |
Trucking |
Accounts receivable facility |
|
4/1/2022
|
Crossroads Financial, LLC, Lender
|
Bank
|
$2.5M |
Distributor of aerospace parts to the military |
Distribution |
Inventory revolving line of credit, partnered with factoring company |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$2.0M |
Lighting management systems provider, Ontario, Canada |
Manufacturing |
Ledgered line of credit facility |
|
4/1/2022
|
Crossroads Financial, LLC, Lender
|
Bank
|
$1.7M |
Designer and retailer of athletic apparel |
Advertising |
Inventory revolving line of credit |
|
4/1/2022
|
TAB Bank, Lender
|
Bank
|
$1.0M |
Energy drink company, Michigan |
Advertising |
Asset-based credit facility |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$750.0K |
Freight All Kinds trucking company in Michigan |
Trucking |
Accounts receivable facility |
|
4/1/2022
|
Crossroads Financial, LLC, Lender
|
Bank
|
$4.5M |
Distributor of wireless and fiber products to the wireless network industry |
Distribution |
Inventory revolving line of credit, partnered with factoring company |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$5.0M |
Refrigerated transportation company, Florida |
Transportation |
Accounts receivable facility |
|
4/1/2022
|
Bank of America, Administrative Agent Bank of Montreal, Joint Lead Arranger CIBC, Co-Documentation Agent TD Bank, Co-Documentation Agent Wells Fargo Bank, N.A, Joint Lead Arranger
|
Bank
|
$450.0M |
Resolute Forest Products Inc., a global leader in the forest products industry with a diverse range of products, including market pulp, tissue, wood products and papers, Montreal, Canada |
Advertising |
Senior secured asset-based revolving credit facility |
|
4/1/2022
|
Barclays Bank PLC, Joint Lead Arranger Citibank, N.A, Joint Lead Arranger HSBC Bank USA, N.A., Administrative Agent Santander Bank, N.A., Joint Lead Arranger Silicon Valley Bank, Additional Lender
|
Bank
|
$150.0M |
Veeco Instruments Inc., an innovative manufacturer of semiconductor process equipment |
Electronics |
Senior secured revolving credit facility |
|
4/1/2022
|
BofA Securities, Inc., Joint Lead Arranger JPMorgan Chase Bank, N.A., Joint Lead Arranger Wells Fargo Securities, LLC, Administrative Agent
|
Bank
|
$750.0M |
OSI Systems, Inc., a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries |
Biotechnology |
Amended senior secured credit facility |
|
4/1/2022
|
JPMorgan Chase Bank, N.A. Texas Capital Bank
|
Bank
|
$250.0M |
P10, Inc., a leading multi-asset class private markets solutions provider in the alternative asset management industry |
Advertising |
Credit facility consisting of $125 million and a revolving commitment in the amount of $125 million |
|
4/1/2022
|
TD Securities RBC Capital Markets Wells Fargo
|
Bank
|
$111.0M |
Interfor Corporation, one of the largest lumber producers in the world |
Advertising |
Early renewal and expansion of its revolving credit facility |
|
4/1/2022
|
Bank of America, N.A., Administrative Agent, Co-Syndication Agent Barclays Bank PLC, Co-Syndication Agent Deutsche Bank Securities Inc., Co-Syndication Agent JP Morgan Chase Bank, N.A., Co-Syndication Agent MUFG Bank, Ltd., Co-Syndication Agent Wells Fargo Bank, N.A., Co-Syndication Agent
|
Bank
|
$1.0B |
Hilton Grand Vacations Inc. |
Aviation |
Refinances and increases the capacity under the existing revolving facility from $800 million to $1 billion |
|
4/1/2022
|
Zions Bancorporation, N.A.
|
Bank
|
$8.0M |
Wholesale distributor of steel products |
Advertising |
A credit facility consisting a multi-year revolving line of credit |
|
4/1/2022
|
Bank of America, N.A., Documentation Agent Citibank, N.A., Documentation Agent Citizens Bank, N.A., Syndication Agent JPMorgan Chase Bank, N.A., Administrative Agent, Sole Bookrunner, Sole Lead Arranger PNC Bank, N.A., Documentation Agent Silicon Valley Bank, Documentation Agent TD Bank, N.A., Documentation Agent Wells Fargo Bank, N.A., Syndication Agent
|
Bank
|
$575.0M |
Progress, the leading provider of products to develop, deploy and manage high-impact applications |
Electronics |
Amended secured credit facility including a $275 million senior secured term loan and a $300 million revolving line of credit. |
|
4/1/2022
|
Export Development Bank, Lender HSBC Bank Canada, Lender JPMorgan Chase Bank, Lender National Bank Financial, Co-Lead Arranger TD Bank, Co-Lead Arranger
|
Bank
|
$300.0M |
Shawcor Ltd., a growth oriented, global company specializing in technology-based products, services and solutions for various sectors, Toronto, Ontario, Canada |
Electronics |
Four-year senior secured revolving facility |
|
4/1/2022
|
Citibank, N.A. Goldman Sachs Bank USA HSBC Bank USA, N.A. Morgan Stanley Senior Funding, Inc. Wells Fargo Bank, N.A
|
Bank
|
$350.0M |
Nabors Industries Ltd., an American global oil and gas drilling contractor based and headquartered in Houston, TX |
Advertising |
Revolving credit facility |
|
4/1/2022
|
CIBC Bank USA, Administrative Agent, Joint Lead Arranger
|
Bank
|
$350.0M |
A-Mark Precious Metals, Inc., a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins and related products to wholesale and retail customers via a portfolio of ch |
Advertising |
Three-year, committed credit facility |
|
4/1/2022
|
Wells Fargo Bank, National Association, Administrative Agent
|
Bank
|
$500.0M |
NOW Inc., a distributor of downstream energy and industrial products for petroleum refining, chemical processing, LNG terminals, power generation utilities, and industrial manufacturing operations in the U.S., Canada, and internationally |
Agriculture |
Amendment to existing senior secured credit facility |
|
4/1/2022
|
Lloyds Bank, Lender
|
Bank
|
$372.8M |
Burberry, an iconic British luxury brand |
Advertising |
Sustainability-linked loan |
|
4/1/2022
|
Citizens Bank, Lender
|
Bank
|
$1.2B |
PRO Unlimited Global Solutions Inc., a leading provider of end-to-end contingent workforce management solutions to a broad range of global clients, San Francisco, CA |
Advertising |
Consisting of new $900 million asset-based senior credit facilities, comprised of an $825 million asset-based revolving credit facility and a $75 million FILO tranche, to support EQT Private Equitys acquisition of the company from Harvest Partners, LP and its affiliates and Investcorp. Citizens also led a $265 million upsize to the asset-based senior credit facilities to support the companys acquisition of Workforce Logiq |
|
4/1/2022
|
RBC Capital Markets, Lender
|
Bank
|
$450.0M |
Russel Metals Inc., one of the largest metals distribution companies in North America |
Advertising |
Extended credit facility |
|
4/1/2022
|
Huntington Business Credit, Lender
|
Bank
|
$150.0M |
Dakkota Integrated Systems, LLC, a manager of the assembly and sequencing on integrated automotive interiors and suspensions for OEMs and Tier One suppliers, Brighton, MI |
Advertising |
Credit facility |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$50.0M |
Renewable natural gas company, West Virginia |
Advertising |
USDA B&I loan |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$50.0M |
Renewable natural gas company, West Virginia |
Agriculture |
Term loan |
|
4/1/2022
|
Bridge Bank, Lender
|
Bank
|
$40.0M |
Sayari Labs Inc., a leader in financial intelligence and supply chain risk solutions, Washington, D.C. |
Electronics |
Credit facility, which includes venture debt and a monthly recurring revenue (MRR) line of credit |
|
4/1/2022
|
Silicon Valley Bank (SVB), Lender
|
Bank
|
$40.0M |
Liquidia Corporation, a biopharmaceutical company focused on the development and commercialization of products in pulmonary hypertension and other applications of its PRINT® Technology |
Advertising |
Term loans |
|
4/1/2022
|
Fifth Third Business Capital, Lender
|
Bank
|
$32.0M |
Laurel Grocery Company LLC, a family-owned wholesaler, Kentucky |
Advertising |
Senior debt financing |
|
4/1/2022
|
MUFG Union Bank, Lender
|
Bank
|
$35.0M |
Performant Financial Corporation, a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry |
Electronics |
Debt financing through a combination term loan and revolving credit facility |
|
4/1/2022
|
Congressional Bank, Lender
|
Bank
|
$25.0M |
Parabilis, LLC, an established asset-based lender serving small- to mid-sized government contractors, McLean, VA |
Biopharmaceuticals |
Senior revolving credit facility |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$20.0M |
52 affiliated skilled nursing facilities in four states |
Advertising |
$20,000,000 participation in a $591,500,000 term loan |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$19.8M |
A renewable energy company in the western U.S. for alternative energy equipment. |
Agriculture |
Equipment finance transaction |
|
4/1/2022
|
City National Bank of Florida, Lender
|
Bank
|
$16.0M |
EzFill Holdings, Inc., a pioneer and emerging leader in on-demand mobile fueling |
Advertising |
Revolving credit line agreement |
|
4/1/2022
|
Fifth Third Business Capital, Lender
|
Bank
|
$15.0M |
Percheron LLC, the nation's leading energy-related professional services company, offering specialized expertise in land, title, surveying, environmental, and engineering services |
Energy |
Senior credit facility |
|
4/1/2022
|
Fifth Third Business Capital, Lender
|
Bank
|
$14.4M |
Energy Steel Products (ESP), a master distributor of stainless steel bar, selling to a network of over 550 service centers nationwide to support varying just-in-time business models |
Advertising |
Refinancing |
|
4/1/2022
|
Fifth Third Business Capital, Lender
|
Bank
|
$14.5M |
Alliance Precision Plastics, a value-added manufacturer of thermoplastic component parts |
Manufacturing |
Refinancing consisting of a revolving credit facility, term loan and capital expenditure line |
|
4/1/2022
|
First Business Bank, Lender
|
Bank
|
$12.0M |
Transportation broker |
Transportation |
Ledgered line accounts receivable finance facility |
|
4/1/2022
|
First Business Specialty Finance, LLC, Lender
|
Bank
|
$10.0M |
Signage manufacturer and installer, Florida |
Manufacturing |
Revolving line of credit facility |
|
4/1/2022
|
Fifth Third Business Capital, Lender
|
Bank
|
$9.0M |
BMI Merchandise, a leading provider of end-to-end redemption merchandise and inventory management solutions, servicing family entertainment centers, arcades, bowling centers, theme parks and similar entertainment-oriented customer, Lakewood, NJ |
Business Services |
Revolving line of credit |
|
4/1/2022
|
Cambridge Savings Bank, Lender
|
Bank
|
$9.0M |
Auto Advance, LLC, an auto finance and loan company, Wayland, MA |
Finance |
Revolving line of credit |
|
4/1/2022
|
Bridge Bank, Lender
|
Bank
|
$7.0M |
Appcues, which builds technology to identify onboarding issues and provide low-code, non-technical solutions to fix them |
Technology |
Venture debt |
|
4/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A., Lender
|
Bank
|
$5.0M |
Lighting management systems provider, Massachusetts |
Manufacturing |
Ledgered line of credit facility |
|
3/1/2022
|
Salem Five Bank, Lender
|
Bank
|
$7.0M |
Stran & Company, Inc., a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise |
Marketing |
Secured revolving line of credit |
|
3/1/2022
|
Bridge Bank, Lender
|
Bank
|
$6.0M |
Mixlab, the modern pet pharmacy that partners with veterinarians to deliver the highest level of care at home, New York, NY and Los Angeles, CA |
Business Services |
Venture debt term loan |
|
3/1/2022
|
CIT, a division of First Citizens Bank, Lender
|
Bank
|
$5.0M |
Toward the acquisition of multiple pieces of heavy equipment by a large construction firm |
Construction |
Financing from CIT's Equipment Finance business |
|
3/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A, Lender
|
Bank
|
$5.0M |
Specialty chemical distributor, Ontario, Canada |
Chemicals |
Ledgered line of credit facility |
|
3/1/2022
|
Cambridge Savings Bank (CSB), Lender
|
Bank
|
$4.0M |
GWA Auto Parts (GWA), an importer, distributor and online retailer of automotive aftermarket parts |
Automotive |
Credit facility |
|
3/1/2022
|
Bridge Bank, Lender
|
Bank
|
$4.0M |
Ride Health, a healthcare technology and services company focused on patient transportation, New York City |
Technology |
Line of credit |
|
3/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A, Lender
|
Bank
|
$3.0M |
Tree service company, California |
Advertising |
Ledgered line of credit facility |
|
3/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A, Lender
|
Bank
|
$3.0M |
Freight All Kinds trucking company, Texas |
Trucking |
Accounts receivable facility |
|
3/1/2022
|
Ocean Bank, Lender
|
Bank
|
$2.0M |
Globalwing USA Corp., a leading exporter of frozen meats and poultry, Miami, FL |
Advertising |
Factoring facility |
|
3/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A, Lender
|
Bank
|
$2.0M |
Parts stamping and assembly provider, Illinois |
Manufacturing |
Ledgered line of credit facility |
|
3/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A, Lender
|
Bank
|
$1.0M |
Freight All Kinds trucking company, Michigan |
Trucking |
Accounts receivable facility |
|
3/1/2022
|
JP Morgan Silicon Valley Bank, Administrative Agent, Lead Arranger
|
Bank
|
$75.0M |
SmartRent, Inc., an enterprise smart home and smart building technology platform for property owners, managers, and residents |
Technology |
Five-year senior secured revolving credit facility |
|
3/1/2022
|
Gordon Brothers J.P. Morgan
|
Non-bank, Bank
|
$142.9M |
Myer, one of Australias largest retailer |
Retail |
Four-year asset-based lending facility |
|
3/1/2022
|
MidCap Financial, Administrative Agent, Sole Bookrunner, Sole Arranger Morgan Stanley Private Credit
|
Non-bank, Bank
|
$1.0M |
UPSTACK, a profitable, fast-growing platform that transforms the architecture and sourcing experience for businesses seeking cloud and internet infrastructure solutions |
Technology |
Financing |
|
3/1/2022
|
JPMorgan Chase Bank, N.A., Bookrunner, Lead Arranger Silver Point Finance, LLC, Syndication Agent
|
Bank
|
$375.0M |
Pacira BioSciences, Inc., the industry leader in its commitment to non-opioid pain management and regenerative health solutions |
Healthcare |
Senior secured term loan B facility |
|
3/1/2022
|
Credit Suisse Securities (USA) LLC, Co-Structuring Agent, Joint Lead Arranger Investment Bank, Co-Structuring Agent, Joint Lead Arranger Natixis Corporate, Co-Structuring Agent, Joint Lead Arranger
|
Bank
|
$600.0M |
Vmo Aircraft Leasing, a global full-service aircraft lessor |
Aviation |
Five-year senior secured warehouse facility. The initial syndicate of lenders also includes Wells Fargo Bank, MUFG, and Credit Agricole. |
|
3/1/2022
|
BofA Securities, Inc., Co-Structuring Agent Citibank, N.A., Co-Sustainability Agent Sumitomo Mitsui Banking Corporation, Sustainability Structuring Agent
|
Bank
|
|
Digital Realty, the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions |
Technology |
Amended, extended, and upsized its existing global revolving credit facility from $2.35 billion to $3.0 billion |
|
3/1/2022
|
BNP Paribas, Sustainability Coordinator Credit Agricole CIB, Coordinator, Documentation Agent HSBC Continental Europe, Coordinator, Documentation Agent
|
Bank
|
$972.0M |
Elis, an international multi-service provider, offering textile, hygiene, and facility services solutions, which is present in Europe and Latin America |
Business Services |
Syndicated revolving credit facility |
|
3/1/2022
|
Wells Fargo Bank, N.A., Lender
|
Bank
|
$500.0M |
GameStop Corp., a video game, consumer electronics, and gaming merchandise retailer |
Electronics |
Global asset-based revolving credit facility |
|
3/1/2022
|
Morgan Stanley & Co. LLC, Placement Agent
|
Bank
|
$750.0M |
BridgeBio Pharma, Inc., a commercial-stage biopharmaceutical company focused on genetic diseases and cancers |
Biopharmaceuticals |
Definitive credit facility agreement |
|
3/1/2022
|
Wells Fargo Bank, N.A., Lender
|
Bank
|
$400.0M |
The Childrens Place, Inc., the largest pure-play childrens specialty apparel retailer in North America |
Apparel |
Consisting of a revolving credit facility with $350 million of availability and a $50 million term loan, both with five year maturities, lower interest rates, reduced reporting requirements, and increased flexibility under the covenants. |
|
3/1/2022
|
KeyBank N.A., Lender
|
Bank
|
$300.0M |
Trinity Capital Inc., a leading specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms |
Finance |
Credit facility. Wells Fargo Bank N.A. will serve as collateral custodian and paying agent. |
|
3/1/2022
|
KeyBank N.A., Lender
|
Bank
|
$200.0M |
Espresso Capital, which empowers companies with innovative venture debt solutions |
Finance |
Credit facility |
|
3/1/2022
|
Citizens Financial Group, Inc., Lender
|
Bank
|
$125.0M |
Destination XL Group, an omni-channel specialty retailer of big and tall men's apparel |
Apparel |
Asset-based revolving credit facility |
|
3/1/2022
|
Citizens Financial Group, Inc., Lender
|
Bank
|
$150.0M |
Parts Town, a technology-enabled distributor of genuine original equipment manufacturer parts for the food service industry, both in the U.S. and internationally, Addison, IL |
Technology |
Upsized asset-based revolving credit facility. The financing also included a $1.52 billion unitranche debt facility from Golub Capital. |
|
3/1/2022
|
Sumitomo Mitsui Banking Corporation, Lender
|
Bank
|
$100.0M |
Hercules Capital, Inc., the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms |
Finance |
Multi-currency credit facility |
|
3/1/2022
|
Citizens Financial Group, Inc., Administrative Agent, Left Lead Arranger, Lender
|
Bank
|
$75.0M |
Procentrix, a professional and technology services company serving U.S. federal government customers in civilian, homeland security and defense sectors. |
Technology |
New credit facilities |
|
3/1/2022
|
Citizens Financial Group, Inc., Lender
|
Bank
|
$70.0M |
Stonegate Capital Holdings, a leading provider of asset-based credit facilities, to support its acquisition by SG Credit Partners, Chicago, IL |
Lender Finance |
Asset-based revolving credit facility |
|
3/1/2022
|
National Bank of Canada, Lender
|
Bank
|
$55.0M |
H2O Innovation Inc., a water and wastewater treatment company leading in water technologies and services, specialty products and contract operations |
Logistics |
Revolving credit facility |
|
3/1/2022
|
CIT, a division of First Citizens Bank, Lender
|
Bank
|
$50.5M |
Construction of Amps NY3 assets, a planned portfolio of new community solar installations in New York State |
Construction |
Financing |
|
3/1/2022
|
Oxford Finance, Lender Silicon Valley Bank, Lender
|
Bank
|
$50.0M |
Viracta Therapeutics, Inc., a precision oncology company primarily focused on targeting virus-associated malignancies |
Technology |
Credit facility |
|
3/1/2022
|
Bank of Montreal, Lender
|
Bank
|
$40.0M |
MAG Silver Corp., a development and exploration company focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district scale, silver-dominant projects in the America, Canada |
Advertising |
Revolving credit facility |
|
3/1/2022
|
CIT, a division of First Citizens Bank, Lender
|
Bank
|
$35.0M |
D.P. Nicoli, a leading provider of trench shoring rental equipment to public utilities, municipalities and contractors in California, Oregon, Washington and Idaho |
Construction |
Senior secured credit facility |
|
3/1/2022
|
CIBC Innovation Banking, Lender
|
Bank
|
$35.0M |
Intradiem, a leading provider of automation technology solutions for customer service teams, Atlanta, GA |
Technology |
Debt facility |
|
3/1/2022
|
JPMorgan Chase Bank, N.A., Lender
|
Bank
|
$25.0M |
iPower Inc. one of the leading online hydroponic equipment suppliers and retailers in the U.S. |
Agriculture |
Secured revolving credit facility |
|
3/1/2022
|
Sterling National Bank, Lender
|
Bank
|
$20.0M |
Air Industries Group, an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractor |
Manufacturing |
Revolving credit facility |
|
3/1/2022
|
Bridge Bank, Lender
|
Bank
|
$10.0M |
Shippabo, a cloud-based supply chain-management platform serving the shipping and logistics industries, Los Angeles, CA |
Logistics |
Asset-based line of credit |
|
3/1/2022
|
Fifth Third Business Capital, Lender
|
Bank
|
$9.8M |
Promise to Perform Industries, Inc., operating under three well-established brand names in the industrial materials handling industry- Spanco, Spanco Cranes, and Lug-All |
Industrial |
Senior credit facility |
|
3/1/2022
|
Associated Bank, N.A., Joint Lead Arranger BofA Securities, Inc., Joint Lead Arranger Citizens Bank, N.A., Joint Lead Arranger JPMorgan Chase Bank, N.A., Joint Lead Arranger KeyBanc Capital Markets Inc., Joint Lead Arranger Royal Bank of Canada Capital Markets, Joint Lead Arranger U.S. Bank, N.A., Joint Lead Arranger
|
Bank
|
$825.0M |
Essent Group Ltd., a Bermuda-domiciled holding company. Through its subsidiaries, Essent Group serves the housing finance industry. |
Finance |
Credit facility increase from $625 million to $825 million |
|
3/1/2022
|
Bank of the West, Joint Lead Arranger BofA Securities, Inc., Joint Lead Arranger PNC Bank National Association, Joint Lead Arranger U.S. Bank, National Association, Joint Lead Arranger Wells Fargo Securities, LLC, Left Lead Arranger
|
Bank
|
$1.5B |
TTEC Holdings, Inc., one of the largest, global CX (customer experience) technology and services innovators for end-to-end digital CX solutions |
Technology |
Amended and extended its credit facility, increasing the total commitment amount by $300 million to $1.5 billion and extending the maturity to November 2026. |
|
3/1/2022
|
BMO Harris Bank, Joint Lead Arranger Fifth Third Bank, Joint Lead Arranger Truist Bank, Joint Lead Arranger Wells Fargo Bank, Administrative Agent
|
Bank
|
$880.0M |
Tupperware Brands Corporation, a leading global consumer products company that designs innovative, functional and environmentally responsible products |
Consumer Products |
Secured credit facility consisting of a five-year, $480 million revolving credit facility, and a five-year, $400 million term loan. The Term Loan includes a 176 million Euro tranche, which aligns with the Company's international business footprint, operational needs, and evolving tax strategy. |
|
3/1/2022
|
Fifth Third Bank, Joint Lead Arranger HSBC Bank USA, Joint Lead Arranger
|
Bank
|
$225.0M |
Leading global aviation integration company GA Telesis, LLC |
Aviation |
Syndicated ABL credit facility with oversubscription and tighter pricing |
|
3/1/2022
|
Bank of Montreal Citibank, N.A., Joint Lead Arranger Goldman Sachs Bank USA J.P. Morgan Chase Bank, N.A., Joint Lead Arranger RBC Capital Markets, Joint Lead Arranger Truist Securities, Inc., Joint Lead Arranger U.S. Bank National Association
|
Bank
|
$250.0M |
NMI Holdings, Inc., the parent of National Mortgage Insurance Corporation |
Insurance |
Amended senior secured revolving credit facility |
|
3/1/2022
|
BBVA USA, Joint Lead Arranger CIT Bank, Joint Lead Arranger Citizens Bank N.A, Joint Lead Arranger PNC Bank N.A, Administrative Agent Wells Fargo Bank N.A, Joint Lead Arranger
|
Bank
|
$150.0M |
Tecnoglass, Inc., a leading manufacturer of architectural glass, windows, and associated aluminum products for the global residential and commercial construction industries, Barranquilla, Colombia |
Manufacturing |
Amended senior secured revolving credit facility to increase the borrowing capacity under its committed line of credit from $50 million to $150 million |
|
3/1/2022
|
Coöperative Rabobank U.A. HSBC Bank USA NA ING Capital LLC, Joint Lead Arranger MUFG Bank, Ltd., Joint Lead Arranger Societe Generale Wells Fargo Bank, N.A., Joint Lead Arranger
|
Bank
|
$540.0M |
Six One Commodities LLC (61C), a global merchant of physical energy commodities and provides physical supply services and structures, Stamford, CT |
Logistics |
One-year revolving borrowing base credit facility. The facility increases the current revolving credit facility by $315 million and has a $60 million accordion feature available to support future growth. |
|
3/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, N.A, Lender
|
Bank
|
$300.0K |
Refrigerated transport company, New York |
Transportation |
Accounts receivable facility |
|
1/1/2022
|
Bank of America, Joint Lead Arranger Barclays, Joint Lead Arranger Citigroup, Joint Lead Arranger Credit Suisse, Joint Lead Arranger Goldman Sachs Bank USA, Joint Lead Arranger Jefferies Finance LLC, Joint Lead Arranger JPMorgan Chase Bank, N.A., Joint Lead Arranger Morgan Stanley, Joint Lead Arranger
|
Bank
|
$1.5B |
CCC Intelligent Solutions Inc., a wholly owned subsidiary of CCC Intelligent Solutions Holdings Inc., a leading SaaS platform for the Property & Casualty insurance economy |
Insurance |
Comprised of an $800 million senior secured term loan facility and a $250 million senior secured revolving credit facility |
|
1/1/2022
|
Capital One, N.A. , Joint Lead Arranger CIBC Bank USA, Joint Lead Arranger Fifth Third Bank, N.A., Joint Lead Arranger J.P. Morgan Chase Bank, N.A., Joint Lead Arranger
|
Bank
|
$900.0M |
Accel Entertainment, Inc., a leading distributed gaming operator in the U.S |
Advertising |
Amended existing senior secured credit facility to increase its borrowing capacity from $438 million to $900 million with a new five-year term |
|
1/1/2022
|
Credit Agricole Securities Goldman Sachs Bank USA Natixis S.A. Royal Bank of Canada
|
Bank
|
$500.0M |
Wings Capital Partners LLC, a private, full-service aircraft leasing platform primarily investing in single-aisle, in-production commercial jet aircraft on lease to airlines around the world |
Aviation |
Secured loan facility. Goldman Sachs Bank USA acted as structuring agent for the facility. |
|
1/1/2022
|
HSBC, Coordinator SEB, Coordinator Swedbank, Agent, Facility Agent
|
Bank
|
$2.0M |
Ericsson, which enables communications service providers to capture the full value of connectivity |
Marketing |
Sustainability-linked revolving credit facility |
|
1/1/2022
|
Wells Fargo Commercial Distribution Finance Corporation, Administrative Agent
|
Bank
|
$475.0M |
ePlus inc. subsidiaries ePlus Technology, inc., ePlus Technology Services, inc. and SLAIT Consulting, LLC |
Technology |
Consisting of a discretionary senior secured floorplan facility in favor of the borrowers in the aggregate principal amount of up to $375 million, an increase from $275 million, together with a sublimit for a revolving credit facility for up to $100 million |
|
1/1/2022
|
Atalaya Capital Management Goldman Sachs
|
Non-bank, Bank
|
$271.4M |
Openpay Group Ltd., a provider of Buy Now Pay Later (BNPL) products, Melbourne, Australia |
Finance |
Secured debt facility |
|
1/1/2022
|
Bank of America, N.A., Joint Bookrunner, Joint Lead Arranger BMO Harris Bank, N.A., Lender Fifth Third Bank, N.A., Joint Bookrunner, Joint Lead Arranger JPMorgan Chase Bank, N.A., Administrative Agent, Joint Bookrunner, Joint Lead Arranger Regions Bank, N.A., Lender
|
Bank
|
$250.0M |
Huttig Building Products, Inc., a leading domestic distributor of millwork, building materials and wood products |
Construction |
Senior credit facility |
|
1/1/2022
|
Bank of America, N.A., Joint Lead Arranger BWells Fargo Bank, N.A., Joint Lead Arranger
|
Bank
|
$80.0M |
Helix Energy Solutions Group, Inc., Houston, TX |
Energy |
Asset-based revolving credit facility |
|
1/1/2022
|
BMO Harris, Joint Lead Arranger Citizens Bank, Joint Lead Arranger East West Bank, Joint Lead Arranger NG Group, Joint Lead Arranger
|
Bank
|
$125.0M |
SageSure, a technology-driven managing general underwriter specializing in coastal residential property markets |
Real Estate |
Senior credit facility |
|
1/1/2022
|
Bank of America, Joint Lead Arranger Barclays Bank, Joint Lead Arranger JPMorgan, Joint Lead Arranger Morgan Stanley, Lead Arranger RBC Capital Markets, Joint Lead Arranger
|
Bank
|
$450.0M |
Virtus Investment Partners, Inc., which operates a multi-boutique asset management business |
Finance |
Refinancing of Virtus' existing credit agreement with a new $275 million senior secured term loan and $175 million revolving credit facility. |
|
1/1/2022
|
BMO Harris Bank, N.A., Administrative Agent BofA Securities, Inc., Joint Lead Arranger PNC Capital Markets, LLC, Joint Lead Arranger
|
Bank
|
$400.0M |
Centerspace, an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others |
Real Estate |
New facility includes an accordion feature for up to $400 million |
|
1/1/2022
|
BMO Capital Markets, Joint Lead Arranger Citibank, N.A., Joint Lead Arranger KeyBanc Capital Markets, Joint Lead Arranger Wells Fargo Securities, LLC, Joint Lead Arranger
|
Bank
|
$700.0M |
SmartStop, a self-managed REIT with a fully integrated operations team of approximately 400 self storage professionals focused on growing the SmartStop® Self Storage brand |
Technology |
Credit facility consisting of a $450 million revolver and a $250 million term loan |
|
1/1/2022
|
CIT Group Inc, Lender
|
Bank
|
$95.0M |
Relaunch of noted Hollywood film production company Castle Rock Entertainment |
Advertising |
Financing |
|
1/1/2022
|
TD Bank, Lender
|
Bank
|
$43.0M |
To support building expansions within the University of Maine System (UMS) |
Business Services |
Bond financing |
|
1/1/2022
|
Bank of Montreal, Lender
|
Bank
|
$40.0M |
Carrick Specialty Holdings LLC, an international non-life legacy business providing reinsurance and run-off management solutions |
Business Services |
Credit facility |
|
1/1/2022
|
BHI, Lender
|
Bank
|
$31.1M |
Lionstone Care, for the acquisition of an assisted living and memory care facility, Southern NJ |
Healthcare |
Financing |
|
1/1/2022
|
M&T Bank, Lender
|
Bank
|
$35.0M |
inTEST Corporation, a global supplier of innovative test and process solutions for use in manufacturing and testing across a wide range of markets, including automotive, defense/aerospace, industrial, medical, semiconductor and telecommunications |
Advertising |
Five-year credit agreement, which includes a $25 million non-revolving delayed draw term loan and a $10 million revolving credit facility |
|
1/1/2022
|
CIBC Innovation Banking, Lender
|
Bank
|
$30.0M |
Azalea Health, Atlanta, GA |
Healthcare |
Credit facility |
|
1/1/2022
|
Silicon Valley Bank, Lender
|
Bank
|
$25.0M |
Ubicquia®, a global leader in smart city, connectivity and smart grid solutions that make cities smarter, safer and more connected |
Utilities |
Debt and working capital facility |
|
1/1/2022
|
CIT Group Inc., Lender
|
Bank
|
$26.5M |
Queen Esther Shipping Limited, a modern container ship operated by a joint venture led by Lomar Corporation Limited, a longtime CIT client |
Shipping |
Maritime financing |
|
1/1/2022
|
CIBC Innovation Banking, Lender
|
Bank
|
$15.0M |
Blue Cloud Pediatric Surgery Centers, a leading provider of pediatric dental services in ambulatory surgical centers across the country, Pennsylvania |
Healthcare |
Acquisition credit facility |
|
1/1/2022
|
Comerica Bank, Lender
|
Bank
|
$7.5M |
Interpace Biosciences, an emerging leader in enabling personalized medicine, offering specialized services along the therapeutic value chain from early diagnosis and prognostic planning to targeted therapeutic applications |
Healthcare |
Revolving credit facility |
|
1/1/2022
|
National Bank of Canada, Lender
|
Bank
|
$6.0M |
Wishpond Technologies Ltd., a provider of marketing focused online business solutions, Vancouver, British Columbia |
Marketing |
Credit facility |
|
1/1/2022
|
CIT Group Inc., Lender
|
Bank
|
$4.4M |
Toward the acquisition of multiple pieces of heavy equipment |
Equipment |
Financing |
|
1/1/2022
|
Crossroads Financial, LLC, Lender
|
Bank
|
$3.5M |
Wholesaler of wood floooring and vinyl products and accessories |
Distribution |
Inventory Revolving Line of Credit, partnered with Factoring company |
|
1/1/2022
|
TAB Bank, Lender
|
Bank
|
$3.3M |
Clean air products manufacturer, Florida |
Manufacturing |
Asset-based credit facility |
|
1/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, Lender
|
Bank
|
$3.0M |
Well servicing company, Michigan |
Construction |
Ledgered line of credit |
|
1/1/2022
|
First Business Specialty Finance, LLC, a subsidiary of First Business Bank, Lender
|
Bank
|
$3.0M |
Company providing technology enabled delivery services in markets throughout the nation, Minnesota |
Technology |
Revolving line of credit facility |
|
1/1/2022
|
Ocean Bank, Lender
|
Bank
|
$2.5M |
Leading growing toy manufacturer, Southeastern U.S. |
Manufacturing |
Factoring and purchase order (PO) financing facility |
|
1/1/2022
|
Crestmark, the Commercial Finance Division of MetaBank®, Lender
|
Bank
|
$2.0M |
Industrial services contractor, Louisiana |
Industrial |
Asset-based lending facility |
|
1/1/2022
|
Crossroads Financial, LLC, Lender
|
Bank
|
$1.5M |
Designer, Manufacturer and supplier of dance costumes |
Manufacturing |
Inventory Revolving Line of Credit, partnered with Factoring company |
|
1/1/2022
|
Crossroads Financial, LLC, Lender
|
Bank
|
$1.5M |
Chemical Processing and Manufacturing Company |
Manufacturing |
Inventory Revolving Line of Credit, partnered with Factoring company |
|
1/1/2022
|
Crossroads Financial, LLC, Lender
|
Bank
|
$1.5M |
US Confectionary Wholesaler and E-commerce Distributor |
Retail |
Inventory Revolving Line of Credit |
|
11/1/2021
|
Cadence Business Finance, Agent Congressional Bank Sunflower Bank TD Bank
|
Bank
|
$73.5M |
NuBridge Commercial Lending, a national commercial real estate bridge lender |
Real Estate |
36-month revolving credit facility |
|
11/1/2021
|
BofA Securities, Inc, Joint Lead Arranger Citigroup Global Markets Inc., Joint Lead Arranger Fifth Third Bank, National Association, Joint Lead Arranger Keybanc Capital Markets, Inc., Joint Lead Arranger Santander Bank, N.A., Joint Lead Arranger Wells Fargo Bank, N.A., Administrative Agent
|
Bank
|
$1.0B |
Integer Holdings Corporation, one of the largest medical device outsource (MDO) manufacturers in the world serving the cardiac, neuromodulation, vascular, portable medical, advanced surgical and orthopedics markets |
Medical Supplies |
Senior secured credit facilities, consisting of a five-year $400 million revolving credit facility, a five-year $250 million term loan A and a seven-year $350 million term loan B |
|
11/1/2021
|
JP Morgan Securities LLC, Joint Lead Arranger U.S. Bank NA , Joint Lead Arranger
|
Bank
|
$1.0B |
Henry Schein, Inc., the world's largest provider of health care products and services to office-based dental and medical practitioners |
Medical Supplies |
Amended revolving credit facility |
|
11/1/2021
|
Bank of America, N.A., Joint Lead Arranger Citizens Bank N.A., Joint Lead Arranger PNC Capital Markets LLC, Joint Lead Arranger Silicon Valley Bank, Administrative Agent
|
Bank
|
$200.0M |
Organogenesis Holdings Inc., a leading regenerative medicine company focused on the development, manufacture, and commercialization of product solutions for the advanced wound care and surgical and sports medicine markets |
Healthcare |
Credit facility, consisting of a $75 million term loan facility and a $125 million revolving credit facility |
|
10/1/2021
|
Bank of the West, Lending Partner M&T Bank, Lending Partner Truist Bank, Lending Partner Wells Fargo Commercial Distribution Finance, Agent
|
Bank
|
$500.0M |
MarineMax, Inc., the nations largest recreational boat and yacht retailer |
Consumer Products |
Enhanced credit facility |
|
10/1/2021
|
Bank of America, Agent Citizens Bank, Lender Credit Suisse, Lender Fifth Third Bank, Lender Mitsubishi UFJ Financial Group, Lender Security Benefit Life, Lender
|
Bank
|
$1.0B |
Stonebriar Commercial Finance, a leading large-ticket independent diversified commercial finance and leasing company |
Finance |
Revolving warehouse credit facility |
|
10/1/2021
|
JPMorgan Chase Bank, N.A., Administrative Agent Silicon Valley Bank, Joint Bookrunner Wells Fargo Securities, LLC, Joint Bookrunner
|
Bank
|
$75.0M |
PLAYSTUDIOS, Inc., an award-winning developer of free-to-play casual mobile and social games that offer real-world rewards to loyal players |
Technology |
Five-year secured revolving credit facility |
|
10/1/2021
|
Citizens Bank, N.A., Joint Bookrunner Deutsche Bank AG, New York Branch, Joint Bookrunner Nomura Securities International, Inc., Joint Bookrunner Goldman Sachs Bank USA, Joint Bookrunner TD Securities (USA) LLC, Joint Bookrunner Wells Fargo Securities, LLC, Joint Bookrunner
|
Bank
|
$1.3B |
Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers |
Technology |
Increased in its senior secured credit facility |
|
10/1/2021
|
BMO Capital Markets, Joint Lead Arranger Citizens Bank, Joint Lead Arranger MUFG Securities Americas, Joint Lead Arranger Wells Fargo Securities, Joint Lead Arranger
|
Bank
|
$350.0M |
MaxLinear, Inc., a leading provider of radio frequency (RF), analog, digital, and mixed-signal integrated circuits, Carlsbad, CA |
Technology |
$350 million seven-year senior secured term B loan facility, and a $100 million five-year senior secured revolving credit facility |
|
10/1/2021
|
Bank of America, N.A. Barclays Bank PLC JPMorgan Chase Bank, N.A., Joint Lead Arranger Morgan Stanley Senior Funding, Inc.
|
Bank
|
$425.0M |
Tenable®, Inc., a cybersecurity company, Columbia, MD |
Business Services |
$375 million senior secured term loan facility and $50.0 million senior secured revolving credit facility and, together with the term loan |
|
10/1/2021
|
Barclays Bank PLC, Administrative Agent BofA Securities Inc., Joint Lead Arranger Deutsche Bank Securities Inc., Joint Lead Arranger Goldman Sachs Bank, Joint Lead Arranger JPMorgan Chase Bank, N.A., Joint Lead Arranger UBS Securities LLC, Joint Lead Arranger
|
Bank
|
$535.0M |
Signify Health, Inc., a leading healthcare platform that leverages advanced analytics, technology and nationwide healthcare networks |
Technology |
Comprised of a $350 million senior secured first lien term loan due in June 2028 and a $185 million senior secured revolving credit facility due in June 2026 |
|
9/1/2021
|
Fifth Third Bank, National Association, Joint Lead Arranger Truist Securities, Inc., Administrative Agent
|
Bank
|
$275.0M |
Digital Media Solutions, Inc., a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers |
Advertising |
Consisting of a five-year senior secured credit facility, which consists of term loans in an aggregate principal amount of $225 million and a $50 million revolving credit facility |
|
9/1/2021
|
Capital One, National Association, Joint Lead Arranger KeyBank National Association, Administrative Agent Regions Capital Markets, Joint Lead Arranger
|
Bank
|
$200.0M |
Independence Realty Trust, Inc. |
Real Estate |
Five-year term loan |
|
9/1/2021
|
BNP Paribas, Joint Lead Arranger Citibank N.A., Joint Lead Arranger Coöperatieve Rabobank U.A., New York branch, Joint Lead Arranger Credit Agricole Corporate and Investment Bank, Joint Lead Arranger Credit Suisse (Switzerland) Ltd., Senior Managing Agent ING Capital LLC, Senior Managing Agent MUFG, Joint Lead Arranger Natixis, New York branch, Joint Lead Arranger Societe Generale, Joint Lead Arranger Wells Fargo Bank N.A., Senior Managing Agent
|
Bank
|
$1.7B |
Castleton Commodities International LLC (CCI), Stamford, CT |
Energy |
Facility consists of a $100 million 3-year tranche; a $1.25 billion 2-year tranche; and a $350 million 364-day tranche. The facility also includes a $1 billion accordion, which remains available to support future growth. |
|
9/1/2021
|
Government Guaranteed Lending, Lender
|
Bank
|
$145.0K |
Printing services company, Maryland |
Printing |
Term loan facility |
|
9/1/2021
|
Crestmarks Asset-Based Lending and Factoring Division, Lender
|
Bank
|
$300.0K |
Flatbed trucking company, Michigan |
Trucking |
Accounts receivable purchase facility |
|
9/1/2021
|
Crestmarks Asset-Based Lending and Factoring Division, Lender
|
Bank
|
$500.0K |
Trucking company, Kentucky |
Trucking |
Accounts receivable purchase facility |
|
9/1/2021
|
TAB Bank, Lender
|
Bank
|
$500.0K |
Medical staffing company, Kentucky |
Staffing |
Revolving credit facility |
|
9/1/2021
|
Sterling National Bank's Commercial Services Group , Lender
|
Bank
|
$750.0K |
Flash Temps, LLC, which specializes in general labor and clerical staffing, Chicago, IL |
Staffing |
Senior secured credit facilities |
|
9/1/2021
|
Sterling National Bank's Commercial Services Group , Lender
|
Bank
|
$1.0M |
Importer of precious and semi-precious stones, Northeast |
|
Recourse factoring facility |
|
9/1/2021
|
Government Guaranteed Lending, Lender
|
Bank
|
$1.6M |
Investment advisory firm, Ohio |
Financial Services |
SBA 7(a) term loan facility |
|
9/1/2021
|
First Business Bank , Lender
|
Bank
|
$2.0M |
Client that provides transportation services across the Midwest |
Transportation |
Factoring facility |
|
9/1/2021
|
Crestmark Equipment Finance , Lender
|
Bank
|
$2.2M |
Petrochemical manufacturing company, Western U.S |
Petrochemicals |
New lease transaction |
|
9/1/2021
|
Crestmark Equipment Finance , Lender
|
Bank
|
$2.5M |
State governmental agency in the Southern U.S. |
Government Contractor |
New lease transaction |
|
9/1/2021
|
Crestmarks Asset-Based Lending and Factoring Division, Lender
|
Bank
|
$3.0M |
Staffing company, Florida |
Staffing |
Ledgered line of credit facility |
|
9/1/2021
|
California Bank of Commerce , Lender
|
Bank
|
$4.0M |
Wholesale reseller of porcelain cookware and dinnerware, Northern California |
Manufacturing |
Asset-based revolving credit facility |
|
9/1/2021
|
Fifth Third Business Capital , Lender
|
Bank
|
$4.5M |
World Class Technology Corporation (WCT), a designer, manufacturer, and marketer of a full line of proprietary orthodontic products, including self-ligating bracket systems, wires, elastics, buccal tubs, and other orthodontic supplies |
Medical Supplies |
Revolving line of credit and term loans |
|
9/1/2021
|
California Bank of Commerce , Lender
|
Bank
|
$5.0M |
Rubber product manufacturer, Southern California |
Manufacturing |
Asset-based revolving credit facility |
|
9/1/2021
|
Pacific Mercantile Bank , Lender
|
Bank
|
$7.5M |
Mason-West, LLC, the premier western regional distributor of engineered seismic restraint systems and vibration isolation products manufactured by Mason Industries of New York |
Business Services |
Line of credit |
|
9/1/2021
|
Huntington Business Credit , Lender
|
Bank
|
$8.0M |
Executive Cabinetry, LLC, a designer and manufacturer of customized kitchen and bath cabinetry at a variety of price points, Simpsonville, SC |
Manufacturing |
Credit facilities |
|
9/1/2021
|
Eastern Bank , Lender
|
Bank
|
$13.0M |
Boston Warehouse Trading Corp., a consumer goods company, Seekonk, MA |
Consumer Products |
Revolving line of credit |
|
9/1/2021
|
Bridge Bank , Lender
|
Bank
|
$15.0M |
a |
Technology |
Growth capital term loan |
|
9/1/2021
|
Silicon Valley Bank, Lender
|
Bank
|
$15.0M |
Freshlocal Solutions Inc., a Vancouver-based company that is building a leadership position in the provision of end-to-end grocery e-commerce solutions |
|
Credit financing facility |
|
9/1/2021
|
Sterling National Banks Franchise Group, Lender
|
Bank
|
$16.5M |
Dominos Pizza franchisee, North Texas |
|
Senior secured credit facilities |
|
9/1/2021
|
Fifth Third Business Capital , Lender
|
Bank
|
$16.5M |
Tricon Precast, Ltd., a manufacturer of concrete structures, such as retaining walls, traffic barriers, bridge systems and sound barrier walls |
Construction |
Asset-based loan |
|
9/1/2021
|
CIT Group Inc. , Lender
|
Bank
|
$17.4M |
to finance the acquisition of a portfolio of three medical office buildings in Bakersfield, CA |
Healthcare |
Financing |
|
9/1/2021
|
Fifth Third Business Capital , Lender
|
Bank
|
$19.3M |
VIRA Insight, LLC, a designer and manufacturer of custom solutions for any built environment, Lewisville, TX |
Manufacturing |
Senior credit facility consisting of a revolving credit facility, term loan, and capital expenditure facility |
|
9/1/2021
|
Bridge Bank , Lender
|
Bank
|
$25.0M |
Targeted Lease Capital LLC (TLC), a company that provides equipment finance loans to small businesses, Williamsville, NY |
Finance |
Credit facility. Bridge Bank partnered with Ogden, UT-based TAB Bank to increase the credit facility, which will be used to support TLC's lending platform. |
|
9/1/2021
|
Silicon Valley Bank, Lender
|
Bank
|
$25.0M |
Eyenovia, Inc. a clinical stage ophthalmic biopharmaceutical company |
Biopharmaceuticals |
Credit financing facility |
|
9/1/2021
|
City National Bank , Lender
|
Bank
|
$25.0M |
Great Elm Capital Corp., a business development company |
Financial Services |
Senior secured revolving line of credit |
|
9/1/2021
|
CIT Northbridge Credit, Lender
|
Bank
|
$30.0M |
Online retailer of luxury accessories |
Retail |
Credit facility |
|
9/1/2021
|
Huntington Business Credit , Lender
|
Bank
|
$34.0M |
Golding Farms Foods, Inc., a manufacturer and distributor of high-quality food condiment and sauces, Winston-Salem, NC |
|
Credit facilities |
|
9/1/2021
|
TBK Bank, SSB, a subsidiary of Triumph Bancorp, Inc. , Lender
|
Bank
|
$30.0M |
Unique Logistics International, Inc., a global logistics and freight forwarding company |
Wholesale |
Revolving purchase loan |
|
9/1/2021
|
CIT Bank, N.A., Lender
|
Bank
|
$34.3M |
Globus Maritime Limited, a dry bulk shipping company |
Distribution |
Term loan facility |
|
9/1/2021
|
CIT Group Inc. , Lender
|
Bank
|
$35.7M |
Construction of a new 17-story multifamily development in the Clinton Hill section of Brooklyn |
Real Estate |
Financing |
|
9/1/2021
|
Huntington Business Credit , Lender
|
Bank
|
$45.0M |
SOL Acceptance, LLC, a sub-prime automotive loan provider, Orange, CA |
Finance |
Credit facility |
|
9/1/2021
|
CIT Group Inc., Lender
|
Bank
|
$84.0M |
Cutlass Solar, a 140-megawatt solar farm in Fort Bend County, Texas |
Energy |
Financing |
|
9/1/2021
|
Credit Suisse, Lender
|
Bank
|
$100.0M |
HomeLight, the real estate technology platform transforming the home buying and selling process for the top real estate agents and their client |
Technology |
Credit facility |