|
6/1/2020
|
Bank of America , Lender
|
Bank
|
|
Macy's |
Retail |
Asset-based credit agreement that includes a short-term facility of $300 million and an accordion feature that will enable the company to request increases in the size of the facility up to an additional aggregate principal amount of $750 million. |
|
6/1/2020
|
First Business Growth Funding , Lender
|
Bank
|
$5.0M |
Logistics and transportation company |
Transportation |
Accounts receivable purchase facility |
|
6/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$5.5M |
Wireless accessories distributor, California |
Telecommunications |
Asset-based line of credit facility |
|
6/1/2020
|
ABN AMRO Bank N.V., Lender
|
Bank
|
$52.9M |
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels |
Shipping |
Term loan facility |
|
6/1/2020
|
CIBC Innovation Banking, Lender
|
Bank
|
$6.0M |
Vbrick Systems Inc., Virginia |
Technology |
Revolving credit facility |
|
6/1/2020
|
TAB Bank, Lender
|
Bank
|
$8.0M |
Consumer lighting products company, Utah |
Energy |
Asset-based revolving credit facility |
|
6/1/2020
|
JPMorgan Chase Bank, N.A., Lender
|
Bank
|
$90.8M |
The Marcus Corporation, Milwaukee, WI |
|
Senior term loan A |
|
6/1/2020
|
Wells Fargo Bank, National Association, Lender
|
Bank
|
|
QEP Resources, Inc., an independent natural gas, oil exploration, and production company |
|
An amendment to its existing credit agreement |
|
6/1/2020
|
Bank of the West, Lending Partner M&T Bank, Lending Partner Truist Bank, Lending Partner Wells Fargo Commercial Distribution Finance, Lead Arranger
|
Bank
|
$440.0M |
MarineMax, Inc., the nations largest recreational boat and yacht retailer |
Retail |
Credit facility |
|
6/1/2020
|
BECM BNP Paribas Commerzbank Groupe Crédit Agricole HSBC La Banque Postale Société Générale
|
Bank
|
$245.0M |
Tarkett, La Défense, France |
Retail |
Consisting of a 175 million short term revolving credit facility and a 70 million loan |
|
6/1/2020
|
Huntington Business Credit, Lender
|
Bank
|
$21.8M |
Advance Electrical Supply Company LLC, Chicago, IL |
Manufacturing |
Credit facilities |
|
6/1/2020
|
Huntington Business Credit, Lender
|
Bank
|
$11.5M |
Robinson Fans Holdings, Inc., a designer and manufacturer of industrial fans and air moving equipment, Zelienople, PA |
Manufacturing |
Credit facilities |
|
5/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$3.0M |
Oil & gas industrial services provider, Texas |
|
Ledgered line of credit facility |
|
5/1/2020
|
MUFG Bank, Ltd. , Lender
|
Bank
|
$300.0M |
Ryder System, Inc., a leader in commercial fleet management, dedicated transportation, and supply chain solutions |
Transportation |
Receivables-backed financing facility. MUFG Bank, Ltd. acted as facility agent for this transaction. MUFG Bank, Ltd. and Mizuho Bank, Ltd. are serving as participating lenders. |
|
5/1/2020
|
CIT Group Inc. , Lender
|
Bank
|
$325.0M |
Mobilitie Investments III LLC, a telecommunications infrastructure provider |
Telecommunications |
Round of financing |
|
5/1/2020
|
People's United Bank, N.A., Lender
|
Bank
|
$61.0M |
Brightview Senior Living, a privately held real estate development and property management company specializing in multifamily and senior living communities. |
Real Estate |
Credit facility |
|
5/1/2020
|
Fifth Third Business Capital, Lender
|
Bank
|
$70.0M |
Lignetics, a market leader in turning wood waste into a range of premium eco-friendly 100% natural products across several consumer categories, based in Louisville, CO |
Manufacturing |
Senior credit facility |
|
5/1/2020
|
J.P. Morgan Chase Bank, N.A. , Lender
|
Bank
|
$7.5M |
The Joint Corp., a national operator, manager and franchisor of chiropractic clinics |
Healthcare |
Includes a $5.5 million development line of credit (LOC) and a $2.0 million revolving LOC, which has an uncommitted accordion feature for an additional $2.5 million. |
|
5/1/2020
|
Avidbank Specialty Finance, Lender
|
Bank
|
$9.0M |
Falcon Critical Care Transport, El Sobrante, CA |
Healthcare |
Credit facilities |
|
5/1/2020
|
Sterling National Bank's Asset Based Lending Group , Lender
|
Bank
|
$9.0M |
NorCal Lumber Company, Inc., Marysville, CA |
Construction |
Senior secured credit facilities |
|
5/1/2020
|
JPMorgan Chase Bank, N.A., Toronto Branch , Lender
|
Bank
|
|
RS Utility Structures Inc. |
Manufacturing |
Factoring facility |
|
5/1/2020
|
Sunflower Bank, N.A. , Lender
|
Bank
|
|
Team Laboratory Chemical, LLC, Detroit Lakes, MN |
Chemicals |
Revolving and term debt commitments |
|
5/1/2020
|
Bank of America JPMorgan MUFG Bank, Ltd. Sumitomo Mitsui Banking Corporation SunTrust Robinson Humphrey BMO Capital Markets
|
Bank
|
|
Ares Capital Corporation |
Lender Finance |
Revolving credit facility increase |
|
5/1/2020
|
JPMorgan Chase Bank NA Silicon Valley Bank
|
Bank
|
$150.0M |
Beyond Meat Inc. |
Manufacturing |
Five-year secured revolving credit facility |
|
5/1/2020
|
ACB Bank of America , Joint Lead Arranger BNP Paribas, Joint Lead Arranger Capital One, Joint Lead Arranger Citibank, N.A , Documentation Agent Citizens Bank, Joint Lead Arranger CoBank HSBC Bank USA, Joint Lead Arranger JPMorgan Chase Bank, N.A., Joint Lead Arranger People's United Bank, National Association TD Bank, N.A., Joint Lead Arranger Truist Bank, Joint Lead Arranger Wells Fargo Securities, LLC, Joint Lead Arranger
|
Bank
|
$500.0M |
Suburban Propane Partners, L.P., a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity |
|
Refinancing of revolving credit facility |
|
5/1/2020
|
Bank of America, Participating Lender Canadian Imperial Bank of Commerce, Participating Lender National Bank of Canada, Participating Lender TD Bank, Lead Arranger The Bank of Nova Scotia, Participating Lender
|
Bank
|
$550.0M |
Boyd Group Services Inc., Winnipeg, Canada |
Automotive |
Increased and extended its existing revolving credit facility. This credit facility was accompanied by the addition of a new seven-year fixed-rate term loan A in the amount of $125 million, provided by TD Bank, N.A. |
|
5/1/2020
|
Bank of America JPMorgan Chase PNC Bank
|
Bank
|
$750.0M |
TopBuild Corp., the leading installer and distributor of insulation and building material products in the U.S. |
Manufacturing |
New term loan and revolving credit facility |
|
5/1/2020
|
BBVA USA, Participating Lender BNP Paribas, Participating Lender Credit Agricole Corporate and Investment Bank, Participating Lender Sumitomo Mitsui Banking Corporation, Participating Lender
|
Bank
|
$750.0M |
International Paper Company (IP) |
Manufacturing |
364-day revolving credit agreement |
|
5/1/2020
|
BNP Paribas, Participating Lender Nordea Bank, Participating Lender Swedbank, Participating Lender
|
Bank
|
$90.0M |
Scatec Solar |
Energy |
New and expanded credit facilities |
|
5/1/2020
|
BBVA USA BNP Paribas Credit Agricole Corporate Investment Bank Sumitomo Mitsui Banking Corporation, Administrative Agent
|
Bank
|
$750.0M |
International Paper Company (IP) |
Manufacturing |
364-day revolving credit agreement |
|
5/1/2020
|
City National Bank, Participating Lender First Financial Bank, Participating Lender KeyBank, Administrative Agent Mizuho Bank, Participating Lender
|
Bank
|
$95.0M |
Westwood Financial |
Technology |
Revolving credit facility |
|
5/1/2020
|
BNP Paribas Citibank, N.A , Mandated Lead Arranger Commerzbank AG, Mandated Lead Arranger Crédit Agricole Corporate and Investment Bank, Mandated Lead Arranger Danske Bank A/S, Mandated Lead Arranger DBS Bank Ltd., London Branch, Mandated Lead Arranger DNB Bank ASA,, Mandated Lead Arranger Handelsbanken. HSBC France, Mandated Lead Arranger J.P. Morgan Securities, Mandated Lead Arranger Nordea OP Corporate Bank PLC, Mandated Lead Arranger Santander, Mandated Lead Arranger SEB, Mandated Lead Arranger Swedbank AB, Mandated Lead Arranger
|
Bank
|
$750.0M |
UPM, a creator of renewable and responsible solutions that replace fossil-based materials |
Energy |
Syndicated revolving credit facility |
|
5/1/2020
|
Bank of America, N.A., Administrative Agent Truist Bank, Documentation Agent U.S. Bank National Association, Joint Lead Arranger
|
Bank
|
|
Darden Restaurants, Inc. |
Hospitality |
Term loan |
|
5/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$150.0K |
Trucking company, Ohio |
Transportation |
Accounts receivable purchase facility |
|
5/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$250.0K |
Dry van transportation company, Washington |
Transportation |
Accounts receivable purchase facility |
|
5/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$500.0K |
Specialized oversized-load transportation, Texas |
Transportation |
Accounts receivable purchase facility |
|
5/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$1.0M |
Staffing company, California |
Staffing |
Ledgered line of credit facility |
|
5/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$1.0M |
Metal products manufacturer, Indiana |
Manufacturing |
Ledgered line of credit facility |
|
5/1/2020
|
Allied Affiliated Funding, a division of Axiom Bank, N.A. , Lender
|
Bank
|
$1.5M |
Trucking company that hauls frac sand, along with cement, fly ash and other non-hazardous dry bulk commodities, Texas |
Trucking |
Receivables financing |
|
5/1/2020
|
Credit Suisse AG, Lender
|
Bank
|
$100.0M |
Credijusto, the leading tech-enabled lender in Mexico |
Technology |
Debt facility. The transaction follows the closing of a landmark $100 million credit facility with Goldman Sachs last year. These two transactions were the first such deals that both banks had completed with a Mexican fintech. |
|
5/1/2020
|
Bridge Bank, a division of Western Alliance Bank, Lender
|
Bank
|
$12.0M |
iCAD, Inc. (ICAD), a global medical technology leader providing innovative cancer detection and therapy solutions |
Technology |
Credit facility consisting of a $7 million term loan and a $5 million revolving line of credit |
|
5/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$12.5M |
Water management services provider, Texas |
Logistics |
Ledgered line of credit facility |
|
5/1/2020
|
Bank of America, Lender JP Morgan, Lender Truist, Lender
|
Bank
|
$120.0M |
Sally Beauty, Denton, TX |
Retail |
Credit facility increase, bringing total facility to $620 million |
|
5/1/2020
|
Fifth Third Bank, National Association, Lender
|
Bank
|
$142.0M |
Soltage LLC, a leading independent power producer |
Energy |
Senior construction-to-term credit facility. Fifth Third served as administrative agent and lead arranger for this financing with Silicon Valley Bank (SVB) as joint lead arranger on the investment. |
|
5/1/2020
|
M&T Bank , Lender
|
Bank
|
$150.0M |
ABLE Equipment Rental, Inc. of NY |
Construction |
Asset-based loan. The facility is comprised of a $100 million revolving line of credit as well as a $15 million term loan facility. Additionally, the transaction provides ABLE with a $35 million accordion feature. |
|
5/1/2020
|
Fifth Third Business Capital, Lender
|
Bank
|
$15.8M |
Comfort Research, LLC, the manufacturer of the Big Joe brand, which consists of casual furniture, pool products, and outdoor furniture, based in based in Grand Rapids, MI |
Retail |
Senior credit facility |
|
5/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$2.0M |
Prepaid card services provider, California |
Financial Services |
Line of credit facility |
|
5/1/2020
|
Huntington Business Credit, Lender
|
Bank
|
$65.2M |
Liberty Steel Products, Inc., a family owned steel service, distribution and products company, based in North Jackson, OH |
Advertising |
Credit facilities |
|
5/1/2020
|
Huntington Business Credit, Lender
|
Bank
|
$12.0M |
Custom Bilt Holdings, LLC, a manufacturer and distributor of metal roofing and rain gutter systems for residential and commercial applications primarily in the Northwest United States, located in Irving, TX |
Manufacturing |
Credit facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$150.0K |
Startup trucking company, Oklahoma |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$150.0K |
Oilfield services trucking company, New Mexico |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$150.0K |
Trucking company, Ohio |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$150.0K |
Refrigerated FAK trucking company, Washington |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$150.0K |
Trucking company, Maryland |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$150.0K |
Startup trucking company in Michigan |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$150.0K |
Trucking company, Oregon |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$200.0K |
FAK trucking company, Ohio |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$250.0K |
Trucking company, California |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$200.0K |
Flatbed trucking company, Illinois |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$300.0K |
Dry van trucking company, Michigan |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$300.0K |
Startup freight brokerage, Georgia |
Transportation |
Ledgered line of credit facility |
|
4/1/2020
|
Crestmark - Equipment Finance , Lender
|
Bank
|
$519.5K |
Health care provider |
Healthcare |
New lease transaction |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$1.0M |
Propane equipment distributor, North Carolina |
Manufacturing |
Ledgered line of credit facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$1.5M |
Trucking company, California |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Equipment Finance , Lender
|
Bank
|
$1.5M |
Fitness club, Northeastern U.S. |
Manufacturing |
Two new lease transactions |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$1.5M |
Trucking company, Kentucky |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Goldman Sachs BDC, Inc. , Lender
|
Bank
|
$1.7M |
Truist |
Lender Finance |
Senior secured revolving credit facility agreement. Upon the consummation of the Companys merger with Goldman Sachs Middle Market Lending Corp. (MMLC), the size of the Truist revolving credit facility will be increased from $795 million to $1,695 million and the accordion feature will be increased to allow the company to increase the total facility size from up to $1,000 million to up to $2,250 million, subject to certain other limited conditions. |
|
4/1/2020
|
Crestmark - Equipment Finance , Lender
|
Bank
|
$2.0M |
Trucking company, Southeastern U.S. |
Transportation |
Two new lease transactions |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$2.5M |
Wholesale equipment distributor, South Carolina |
Manufacturing |
Asset-based line of credit facility |
|
4/1/2020
|
Crestmark - Equipment Finance , Lender
|
Bank
|
$2.4M |
Food distributor, Northeastern U.S. |
Transportation |
New lease transaction |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$3.0M |
Food manufacturer, California |
Manufacturing |
Ledgered line of credit facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$4.0M |
FAK trucking company, Michigan |
Transportation |
Accounts receivable purchase facility |
|
4/1/2020
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$4.0M |
Wholesale distributor of business office solutions |
Transportation |
Asset-based line of credit facility |
|
4/1/2020
|
People's United Bank, N.A. - Healthcare Finance Division, Lender
|
Bank
|
$15.5M |
Esplanade Capital LLC, an owner and manager of a portfolio of healthcare facilities, multi-family units, hotels and retail and commercial office suites, and its joint venture partner Meridian Senior Living LLC |
Healthcare |
Credit facility |
|
4/1/2020
|
Santander Bank - Commercial Banking Division , Lender
|
Bank
|
$25.0M |
Horizon Group, Warren, NJ, a craft and toy supplier with a customer base that includes major retail chains such as Walmart, Target, Costco, Amazon and Michaels |
Retail |
Term-loan facility |
|
4/1/2020
|
Wells Fargo Bank, NA. , Lender
|
Bank
|
$70.0M |
Nautilus, Inc. |
Manufacturing |
Consisting of a new $55,000,000 asset-based revolver and a $15,000,000 term loan |
|
4/1/2020
|
Wells Fargo Capital Finance (UK) , Lender
|
Bank
|
$70.0M |
AJ Walter Aviation, part of the AJW Group (AJW) |
Manufacturing |
Senior secured credit facility. Working with Shawbrook on this credit facility, Wells Fargo acted as arranger and agent. |
|
4/1/2020
|
CIT Group Inc. , Lender
|
Bank
|
$93.7M |
19 healthcare facilities in California, Nevada and Washington between New Generation Health LLC (New Gen) and affiliates of Genesis Healthcare Inc. (Genesis) |
Healthcare |
As part of the transaction, CIT financed New Gen's acquisition of seven facilities through a $74.7 million senior secured credit facility. Genesis retained an indirect 50% interest in the facilities. CIT also arranged a $19 million asset-based revolving credit facility to provide New Gen with working capital financing for an additional 12 healthcare facilities located in California, Washington and Nevada. |
|
4/1/2020
|
CITs Power and Energy Group, Lender
|
Bank
|
$140.0M |
esVolta LP, to finance a portfolio of its utility-scale battery energy storage projects |
Energy |
Senior secured credit facility. CITs Power and Energy business as the mandated lead arranger, and Siemens Financial Services (SFS), CoBank, ACB, and KeyBanc Capital Markets Inc. as joint lead arrangers. |
|
4/1/2020
|
KeyBank N.A., Lender Nomura, Lender Silicon Valley Bank, Lender
|
Bank
|
$341.0M |
AES Distributed Energy (AES DE), a subsidiary of The AES Corporation (AES) and a leader in energy generation through solar PV and solar PV + battery energy storage systems (BESS) |
Energy |
Debt financing |
|
4/1/2020
|
Wells Fargo Bank, N.A., Lender
|
Bank
|
$300.0M |
MGP Ingredients, Inc. (MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches |
|
Revolving credit facility with an accordion option whereby, subject to lender approval, the credit facility may be increased by another $100 million, to a total of $400 million |
|
4/1/2020
|
BNP Paribas, Lender
|
Bank
|
$550.0M |
JetBlue Airways |
Transportation |
Sustainability-linked loan (SLL), via an amendment to its existing senior secured revolving credit facility |
|
4/1/2020
|
BNP Paribas, Lender
|
Bank
|
|
WSP Global Inc., one of the world's leading professional services firms |
Business Services |
BNP Paribas served as sole sustainability coordinator, working with WSP to integrate the sustainability targets into its credit facility. Canadian Imperial Bank of Commerce, National Bank Financial and BMO Capital Markets are Joint bookrunners and co-lead arrangers on the credit facility |
|
4/1/2020
|
Citibank DBS Bank Deutsche Bank Goldman Sachs Mizuho Natixis Société Générale
|
Bank
|
$1.8M |
WeWork, the worlds leading co-working and space-as-a-service platform |
Real Estate |
Senior secured letter of credit facility |
|
4/1/2020
|
BNP Paribas Danske Bank A/S DNB Markets, a part of DNB Bank ASA ING Bank N.V. J.P. Morgan Securities Swedbank AB,
|
Bank
|
$634.0M |
Adevinta ASA, Norway |
|
Multi-currency term loan and revolving credit facilities |
|
4/1/2020
|
Bank of America BBVA USA First Horizon Woodforest National Bank
|
Bank
|
$100.0M |
RigNet, the leading provider of ultra-secure, intelligent networking solutions |
Technology |
Amended its senior secured credit facility with its existing bank group |
|
4/1/2020
|
CIT Bank, N.A. City National Bank Goldman Sachs Hitachi Capital America Corporation HSBC Bank USA, N.A. MUFG Union Bank N.A. Royal Bank of Canada TIAA Umpqua Bank Zions Bancorporation, N.A.
|
Bank
|
$400.0M |
Hercules Capital, Inc. |
Lender Finance |
Credit facility |
|
4/1/2020
|
Huntington Business Credit, Lender
|
Bank
|
$7.5M |
International Control Services, Inc. |
Manufacturing |
Credit facilities |
|
4/1/2020
|
Huntington Business Credit, Lender
|
Bank
|
$19.7M |
Sunbelt Modular, Inc., a wholesale modular building manufacturer, Phoenix, AZ |
Manufacturing |
Credit facilities |
|
3/1/2020
|
Natixis, Lender
|
Bank
|
$30.0M |
Bluestone Resources Inc. , Vancouver, Canada |
|
Credit facility |
|
3/1/2020
|
Royal Bank of Canada (RBC) , Lender
|
Bank
|
$60.0M |
CBAM Partners |
Financial Services |
Credit facility - RBC Capital Markets as lead arranger and sole bookrunner with lenders Royal Bank of Canada (RBC) as administrative agent and Barclays Bank PLC (Barclays) as syndication agent. |
|
3/1/2020
|
Royal Bank of Canada (RBC, Lender
|
Bank
|
$3.5M |
Crescita Therapeutics Inc., a commercial dermatology company |
Healthcare |
Revolving demand operating credit facility |
|
3/1/2020
|
Santander Bank , Lender
|
Bank
|
$75.0M |
Wind Turbine & Energy Cables Corporation (WTEC), Hasbrouck Heights, NJ |
Energy |
Asset-based revolving credit facility |
|
3/1/2020
|
Synovus Bank , Lender
|
Bank
|
$10.0M |
Distributor of agricultural products and chemicals, Southeast |
Agriculture |
Line of credit |
|
3/1/2020
|
Synovus Bank , Lender
|
Bank
|
$16.0M |
Distributor of bedding products, Southeast |
Manufacturing |
Line of credit |
|
3/1/2020
|
Synovus Bank , Lender
|
Bank
|
$16.0M |
Distributor of agricultural and irrigation supplies, Southeast |
Agriculture |
Line of credit |
|
3/1/2020
|
Synovus Bank , Lender
|
Bank
|
$45.0M |
Steel mill, Midwest |
|
Line of credit |
|
3/1/2020
|
Synovus Bank , Lender
|
Bank
|
$25.0M |
Finance company specializing in factoring and small ABL lines of credit |
Lender Finance |
Line of credit |
|
3/1/2020
|
Synovus Bank , Lender
|
Bank
|
$5.0M |
Distributor of tires and related products, Southeast |
Manufacturing |
Line of credit |
|
3/1/2020
|
Texas Capital Bank, Lender
|
Bank
|
$40.0M |
Terra Firma Capital Corporation |
Real Estate |
Letter of Credit providing for an increase to $50 million over time, subject to approval by Texas Capital. |
|
3/1/2020
|
Synovus Bank , Lender
|
Bank
|
$6.0M |
Distributor of retail displays and supplies, Southeast |
Retail |
Line of credit |
|
3/1/2020
|
The Antares Bain Capital Complete Financing Solution (ABCS), Lender
|
Bank
|
$355.0M |
Crisis Prevention Institute, Inc. (CPI), Milwaukee, WI |
Healthcare |
Senior secured unitranche credit facility |
|
3/1/2020
|
ABN AMRO Bank N.V. BNP Paribas HSBC Bank plc (HSBC) ING Bank N.V. (ING) Natixis Sumitomo Mitsui Banking Corporation (SMBC)
|
Bank
|
$1.8M |
Bunge Finance Europe B.V., wholesaler of agricultural products |
Agriculture |
Sustainability-linked revolving credit facility. The amended facility amends and extends borrower's existing $1,750,000,000 revolving credit facility dated December 12, 2017. In addition, ABN AMRO, BNP Paribas, Coöperatieve Rabobank U.A. and Natixis served as Sustainability Co-coordinators and assisted Bunge in structuring the facility in line with the Sustainability Linked Loan Principles. |
|
3/1/2020
|
Bank of America JP Morgan Chase Bank Regions Bank Wells Fargo Bank
|
Bank
|
$250.0M |
U.S. Xpress Enterprises, Inc., Chattanooga, TN |
Trucking |
Senior credit facility |
|
3/1/2020
|
Bank of America Securities Credit Suisse
|
Bank
|
$200.0M |
Vivint Solar, Lehi, UT |
Energy |
Revolving asset-based loan facility |
|
3/1/2020
|
JPMorgan Chase Bank, N.A. MUFG Union Bank, N.A SunTrust Robinson Humphrey
|
Bank
|
$1.3B |
TPG Specialty Lending, Inc. |
Lender Finance |
Revolving credit facility |
|
3/1/2020
|
Barclays Gryphion Capital Investments NatWest
|
Bank, Non-bank
|
$112.0M |
Cinesite, London, UK |
|
Investment along with new banking facilities |
|
3/1/2020
|
Comerica Bank J.P. Morgan National Bank of Canada Toronto-Dominion Bank
|
Bank
|
$120.0M |
AirBoss of America Corp. |
Defense |
Amended senior secured credit facilities, consisting of a $60 million term loan, a $60 million revolving credit facility and an accordion feature of up to an additional $50 million of availability, upon the satisfaction of customary conditions for such features. |
|
3/1/2020
|
BHI, Lender
|
Bank
|
$16.5M |
White Toque, a leading importer and distributor of European specialty fine foods |
|
Credit facility |
|
3/1/2020
|
BNP Paribas , Lender
|
Bank
|
|
Brookfield Renewable Partners L.P. |
Energy |
Bilateral, incentive-linked corporate revolving credit facility |
|
3/1/2020
|
Bridge Bank , Lender
|
Bank
|
$4.0M |
H Code Media, Inc. |
Technology |
Credit facility |
|
3/1/2020
|
CIT Group Inc. - Maritime Finance , Lender
|
Bank
|
$56.0M |
Acquisition of two large commercial shipping tankers |
Shipping |
The financing is part of a transaction involving Advantage Tankers and Fleetscape Capital. Both Advantage and Fleetscape are active in commercial shipping operations and financing, respectively, and are existing CIT clients. CIT served as lead arranger, agent and hedge provider on the financing, and provided capital markets and treasury management services. |
|
3/1/2020
|
CIT Group Inc. - Power and Energy , Lender
|
Bank
|
$200.0M |
Clearway Energy Group, one of the largest developers and operators of clean energy generation facilities in the U.S. |
Energy |
Financing |
|
3/1/2020
|
CIT Group Inc. - Real Estate Finance , Lender
|
Bank
|
$87.0M |
To finance construction of a new logistics warehouse and storage facility adjacent to John F. Kennedy International Airport in Queens, NY |
Real Estate |
Triangle Equities Development Company and its partners Township Capital Inc. and L&B Realty Advisors LLP are planning to develop a five-story, 300,000-square-foot Terminal Logistics Center, which will be among the first multi-story industrial buildings in the U.S. |
|
3/1/2020
|
CIT Northbridge Credit, Lender
|
Bank
|
$75.0M |
MVP Staffing, Deerfield, IL |
Staffing |
Senior secured credit facility |
|
3/1/2020
|
Citizens Commercial Banking , Lender
|
Bank
|
$42.0M |
Stoli Group USA, New York, NY |
|
Asset-based credit facility |
|
3/1/2020
|
Goldman Sachs Merchant Banking Division, Lender
|
Bank
|
$16.0M |
Beezy Inc., the Intelligent Workplace solution for Microsoft Office 365, SharePoint and Teams |
Technology |
Senior secured credit facility |
|
3/1/2020
|
Israel Discount Bank of New York, Lender
|
Bank
|
|
STRATA Skin Sciences, Inc., Horsham Township, PA |
Healthcare |
Refinancing of its existing debt with a lower interest one-year cash-secured loan facility |
|
3/1/2020
|
JPMorgan Chase, Lender
|
Bank
|
$200.0M |
SEA-Vista I LLC, Ft. Lauderdale, FL an indirect wholly-owned subsidiary of SEACOR Holdings Inc. |
|
Amended and restated credit agreement. J P Morgan Chase led a syndicate of lenders. Agreement provides for a $100 million revolving credit facility and a $100 million term loan facility, both of which mature in December 2024. |
|
3/1/2020
|
KeyBank National Association , Lender
|
Bank
|
$165.0M |
Lucky Bucks, LLC, Seven Aces Limited 70% owned subsidiary |
|
Credit facility. KeyBank National Association and KeyBanc Capital Markets Inc. are acting as a joint lead arranger and a joint bookrunner, and as administrative agent and collateral agent under the credit facility. |
|
3/1/2020
|
Live Oak Bank , Lender
|
Bank
|
$8.0M |
Eastside Distilling, Inc., a producer of high-quality, craft spirits, Portland, OR |
|
Asset-based revolving credit facility |
|
3/1/2020
|
Huntington Business Credit, Lender
|
Bank
|
$13.4M |
Dutchland Plastics, LLC, rotational molding plastic products manufacturer, Oostburg, WI |
Manufacturing |
Credit facility |
|
1/1/2020
|
Fifth Third Bank, Lender
|
Bank
|
$225.0M |
Bluegreen Vacations Corporation |
Hospitality |
Amended syndicated credit facility which includes a $100.0 million term loan with quarterly amortization requirements and a $125.0 million revolving line of credit |
|
1/1/2020
|
Wells Fargo Securities, Left Lead Arranger
|
Bank
|
$800.0M |
Northern Oil and Gas, Inc., Minnetonka, MN |
Energy |
Senior secured revolving credit facility |
|
1/1/2020
|
People's United Bank, N.A., Lender
|
Bank
|
$57.5M |
ReNew REIT, a privately held healthcare real estate investment trust (REIT) formed in 2018 that focuses on independent living, assisted living and memory care communities |
Healthcare |
Credit facility |
|
1/1/2020
|
CIT Northbridge Serves, Lender
|
Bank
|
$40.0M |
Hantover Inc., a leading distributor of products to the food processing industry, Overland Park, KS |
Manufacturing |
Senior secured credit facility |
|
1/1/2020
|
PNC Bank, National Association, Lender
|
Bank
|
$100.0M |
Ferroglobe PLC (GSM), London, UK |
Manufacturing |
Asset-based revolving credit facility |
|
1/1/2020
|
Fifth Third Business Capital, Sole Lender
|
Bank
|
$8.0M |
Troy Lee Designs, LLC, a designer and distributor of high-quality helmets, apparel, safety gear and accessories used in the off-road motorcycling and mountain biking industries, Corona, CA |
Retail |
Senior credit facility |
|
1/1/2020
|
Wells Fargo Bank, N.A., Lender
|
Bank
|
$312.5M |
Siena Lending Group LLC |
Lender Finance |
Secured credit facility increase |
|
1/1/2020
|
Sterling National Bank, Lender
|
Bank
|
$843.0M |
Agreement to acquire a portfolio of middle market commercial equipment finance loans and leases from Santander Bank, N. A. |
Lender Finance |
Acquisition of loans |
|
1/1/2020
|
Bridge Bank, a division of Western Alliance Bank, Lender
|
Bank
|
$6.0M |
Streamline Health Solutions, Inc., provider of integrated solutions, technology-enabled services and analytics supporting revenue cycle optimization for healthcare enterprises, Atlanta, GA |
Technology |
Credit facility |
|
1/1/2020
|
KeyBank National Association, Lender
|
Bank
|
$100.0M |
Great Rock Capital, an asset-focused commercial finance company specializing in middle-market lending |
Lender Finance |
Leverage facility |
|
1/1/2020
|
Santander Bank, Lender
|
Bank
|
$142.0M |
WEX Inc., a leading financial technology service provider of payment processing and information management services in North America, South America, the Asia-Pacific region, and Europe. |
Technology |
Participation commitment in connection with a $1.7 billion senior credit facility and acted as both joint lead arranger and joint bookrunner for a $1.3 billion term loan B facility |
|
1/1/2020
|
Santander Bank, Lender
|
Bank
|
$120.0M |
The Eastern Company (EML), a leading industrial metal products manufacturer spanning the hardware, security products and metal castings segments. |
Manufacturing |
Revolving credit and term loan facility |
|
1/1/2020
|
Citizens Bank, Lender
|
Bank
|
$290.0M |
International Materials, Inc., Boca Raton, FL |
Manufacturing |
Revolving line of credit |
|
1/1/2020
|
Bridge Bank, Lender
|
Bank
|
$4.0M |
Factor 75 LLC, a market-leading, online subscription service that delivers fresh, prepared, restaurant-quality meals that are uniquely positioned at the intersection of food and fitness |
|
Senior debt facility |
|
1/1/2020
|
Huntington Business Credit, Lender
|
Bank
|
$40.0M |
TeleTracking Technologies, Inc., Pittsburgh, PA |
Technology |
Credit facility |
|
1/1/2020
|
Huntington Business Credit, Lender
|
Bank
|
$37.2M |
Laminate Technologies, Inc., Tiffin, OH |
Technology |
Credit facility |
|
1/1/2020
|
Cogent Bank, Lender
|
Bank
|
$5.2M |
Modular building company, Florida |
Manufacturing |
Inventory financing |
|
1/1/2020
|
J.P. Morgan, Lender
|
Bank
|
$55.0M |
GlobalSCAPE, Inc. |
Technology |
Senior secured credit facility |
|
1/1/2020
|
CIBC Innovation Banking, Lender
|
Bank
|
$16.0M |
Madwire®, LLC, a Fort Collins, CO-based technology company |
Technology |
Consists of $10 million of working capital financing and an additional $6 million term facility to finance Madwires October acquisition of SpaceCraft, a cloud-based website development and management platform in Austin, TX |
|
1/1/2020
|
Banco Latinoamericano de Comercio Exterior, S.A., Joint Lead Arranger Banistmo, S.A., Administrative Agent JPMorgan Chase Bank, N.A., Administrative Agent
|
Bank
|
$130.0M |
Banco Aliado, S.A., Panama |
Lender Finance |
Three-year senior, amortizing term loan facility |
|
1/1/2020
|
BofA Securities, Inc., Sole Lead Arranger KeyBank National Association, Participant Morgan Stanley, Participant
|
Bank
|
$75.0M |
Braemar Hotels & Resorts |
Hospitality |
Secured credit facility |
|
1/1/2020
|
ABN Amro Capital USA LLC, Joint Lead Arranger Cooperatieve Rabobank U.A., New York Branch , Co-Documentation Agent Credit Agricole Corporate, Co-Documentation Agent ING Capital LLC, Joint Lead Arranger Investment Bank, Co-Documentation Agent Mizuho Bank, Ltd., Co-Documentation Agent MUFG Bank Ltd., Joint Lead Arranger Natixis, New York Branch, Joint Lead Arranger Societe Generale, Joint Lead Arranger
|
Bank
|
$1.9B |
Mercuria Energy Trading, Inc., Mercuria Energy America, Inc., Minerva Bunkering (USA) LLC, and Mercuria Commodities Canada Corporation |
Energy |
One-year senior secured borrowing base revolving credit facility |
|
1/1/2020
|
Bank of Montreal, Co-Lead Arranger Desjardins Capital Markets, Participant National Bank of Canada, Participant RBC Royal Bank, Participant Scotiabank, Participant TD Securities, Co-Lead Arranger
|
Bank
|
$219.9M |
LOGISTEC Corporation, a marine and environmental services provider, Montréal, Québec |
Manufacturing |
Renegotiated its existing credit facility |
|
1/1/2020
|
Barclays Bank PLC, Additional Joint Lead Arranger BMO Capital Markets Corp., Additional Joint Lead Arranger BofA Securities, Inc., Additional Joint Lead Arranger Citigroup Global Markets Inc., Additional Joint Lead Arranger Credit Agricole Corporate, Additional Joint Lead Arranger Investment Bank, Additional Joint Lead Arranger JPMorgan Chase Bank, N.A., Additional Joint Lead Arranger RBC Capital Markets , Syndication Agent Wells Fargo Bank, National Association, Administrative Agent
|
Bank
|
$460.0M |
Legacy Reserves Inc. |
|
Reserve-based credit facility |
|
1/1/2020
|
Bank of America, N.A., Lender CIBC Bank USA, Lender JPMorgan Chase Bank N.A., Administrative Agent
|
Bank
|
$100.0M |
Lawson Products, Inc., a distributor of products and services to the MRO marketplace |
Manufacturing |
Credit facility |
|
1/1/2020
|
Bank of America, Joint Coordinator Barclays Bank, Joint Coordinator
|
Bank
|
|
Royal Dutch Shell plc, The Hague, Netherlands |
|
Revolving credit facility. The new facility replaces Shells existing $8.84 billion revolving credit facility. |
|
1/1/2020
|
BofA Securities, Joint Bookrunner Citizens Bank, N.A., Joint Bookrunner
|
Bank
|
$800.0M |
Kaman Corporation, Bloomfield, CT |
Manufacturing |
Credit facility |
|
1/1/2020
|
Bank of the West, Joint Lead Arranger BMO Harris Bank N.A., Additional Lender CIBC Bank USA, Additional Lender Citibank, N.A., Administrative Agent Credit Suisse AG, Cayman Islands Branch, Syndication Agent Credit Suisse Securities (USA), LLC, Joint Lead Arranger Deutsche Bank Securities Inc., Joint Lead Arranger Fifth Third Bank, Additional Lender MUFG Union Bank, N.A., Additional Lender Regions Bank, Additional Lender Texas Capital Bank, N.A., Additional Lender Wells Fargo Securities, LLC, Joint Lead Arranger Zions Bancorporation, N.A., Additional Lender
|
Bank
|
$800.0M |
KB Home |
Construction |
Revolving credit facility |
|
1/1/2020
|
Bank of China, Commodity Finance Lender Credit Agricole, Commodity Finance Lender Deutsche Bank, Joint Lead Arranger HSBC, Commodity Finance Lender ING Capital LLC, Administrative Agent MUFG, Commodity Finance Lender Rabobank, Joint Lead Arranger
|
Bank
|
$300.0M |
GT Commodities LLC, the North American trading hub for Gerald Group, the world's largest employee owned metals merchant |
Advertising |
Syndicated financing, includes a $50 million accordion feature |
|
1/1/2020
|
Huntington Business Credit, Lender
|
Bank
|
$26.4M |
Chandler Industries, Inc., Minneapolis, MN, a multi-facility contract manufacturer specializing in precision machining, sheet metal fabrication, welding of high tolerance parts and complex components and assemblies. |
Manufacturing |
Credit facilities |
|
1/1/2020
|
TAB Bank, Lender
|
Bank
|
$4.0M |
Transportation company, Kentucky |
Transportation |
Asset-based revolving credit facility |
|
11/1/2019
|
Crestmark, Lender
|
Bank
|
$500.0K |
Trucking company, Texas |
Transportation |
Accounts receivable purchase facility |
|
11/1/2019
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$750.0K |
Oil and gas services provider, Texas |
Energy |
Accounts receivable purchase facility |
|
11/1/2019
|
Wells Fargo, N.A., Lender
|
Bank
|
$125.0M |
Gibraltar Business Capital |
Lender Finance |
Credit line increase from $100 million to $125 million |
|
11/1/2019
|
CIT Group Inc., Lender
|
Bank
|
$140.0M |
To support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, CA |
Energy |
Debt financing |
|
11/1/2019
|
Sterling National Bank , Lender
|
Bank
|
$15.5M |
Wing Inflatables, Inc., California |
Manufacturing |
Senior secured credit facilities |
|
11/1/2019
|
PNC Bank, National Association, Lender
|
Bank
|
$235.0M |
To support New York-based KPS Capital Partners acquisition of Life Fitness |
Manufacturing |
Senior secured credit facility |
|
11/1/2019
|
CIT - Healthcare, Sole Lead Arranger
|
Bank
|
$27.2M |
Two assisted living facilities, Texas |
Healthcare |
Loan proceeds to refinance existing debt and cover closing costs on the assisted living facilities |
|
11/1/2019
|
Celtic Capital Corporation, Lender
|
Bank
|
$3.0M |
Manufacturer of treats for dogs including dog biscuits, meat treats, and soft and chewy treats, Washington |
Manufacturing |
Accounts receivable line of credit |
|
11/1/2019
|
AloStar Capital Finance, Lender
|
Bank
|
$30.0M |
BlackRiver Business Capital (doing business as ACG Equipment Finance) |
Lender Finance |
Credit facility |
|
11/1/2019
|
Goldman Sachs Specialty Lending Group, L.P. Lender
|
Bank
|
$45.0M |
Catasys, Inc., a leading AI and technology-enabled healthcare company |
Healthcare |
Financing agreement involving the placement of Senior Secured Notes due 2024 pursuant to a committed purchase of up to $45 million, comprised of a $35 million initial purchase and up to $10 million in additional issuances |
|
11/1/2019
|
Crestmark - Asset-Based Lending Division, Lender
|
Bank
|
$5.0M |
Manufacturer of packaging materials, Ohio |
Manufacturing |
Asset-based line of credit facility |
|
11/1/2019
|
CIT Group Inc., Sole Lead Arranger
|
Bank
|
$60.0M |
Carolina Restaurant Group (CRG) |
|
Financing |
|
11/1/2019
|
Bank of Montreal (BMO), Lead Underwriter
|
Bank
|
$84.0M |
Auxly Cannabis Group Inc.'s joint venture partner, Sunens Farms Inc. |
Cannabis |
Syndicated senior debt facilities |
|
11/1/2019
|
Fifth Third Business Capital, Sole Lender
|
Bank
|
$9.5M |
Ross Technology, Leola, PA |
Transportation |
Senior credit facility |
|
11/1/2019
|
People's United Bank, Lender
|
Bank
|
$92.0M |
MidCap Financial |
Lender Finance |
Credit facility |
|
11/1/2019
|
Capital One, Joint Lead Arranger
|
Bank
|
|
STEMCELL Technologies, a Canada-based biotechnology and life science company |
Technology |
Senior secured credit facility, consisting of a revolving line of credit and a senior term loan |
|
11/1/2019
|
Bank of America, N.A., Joint Lead Arranger Bank of Montreal, Joint Lead Arranger JPMorgan Chase Bank, N.A., Administrative Agent Wells Fargo Bank, National Association, Joint Lead Arranger
|
Bank
|
$625.0K |
Briggs & Stratton Corporation |
Manufacturing |
Revolving credit facility |
|
11/1/2019
|
Bank of America , Lender CitiBank, Lender Credit Suisse, Lender KeyBank, Lender Silicon Valley Bank, Lender
|
Bank
|
$325.0M |
Vivint Solar, Inc., Lehi, Utah |
Energy |
Revolving warehouse facility |
|
11/1/2019
|
BOFA Securities, Inc, Co-Syndication Agent JPMorgan Chase Bank, N.A., Co-Syndication Agent Mercedes-Benz Financial Services USA LLC , Co-Documentation Agent Toyota Motor Credit Corporation , Co-Documentation Agent Wells Fargo Bank, National Association , Co-Syndication Agent
|
Bank
|
$1.5B |
Asbury Automotive Group, Inc., Duluth, GA |
Retail |
Five-year syndicated senior credit facility |
|
11/1/2019
|
Huntington Business Credit, Lender
|
Bank
|
|
First SOURCE Electrical, LLC, Houston, TX |
Energy |
Credit facility |