AMENDMENT NO. 1 TO ABL CREDIT AGREEMENT
Exhibit 10.19
Execution Version
AMENDMENT NO. 1
TO
ABL CREDIT AGREEMENT
This Amendment No. 1 to ABL Credit Agreement, dated as of June 28, 2013 (this “Amendment”), is entered into by and among HD SUPPLY, INC., a Delaware corporation (“HD Supply” or “Parent Borrower”), the other Borrowers party hereto, the Lenders party hereto, GENERAL ELECTRIC CAPITAL CORPORATION (“GECC”), as Administrative Agent and U.S. ABL Collateral Agent, and GE CANADA FINANCE HOLDING COMPANY (“GE Canada”), as Canadian Agent and Canadian Collateral Agent.
RECITALS
WHEREAS, the Parent Borrower, the other Borrowers party thereto, the Administrative Agent, the other Agents party thereto and the Lenders are parties to that certain ABL Credit Agreement, dated as of April 12, 2012 (as amended or otherwise modified to date, as amended hereby and as it may be from time to time hereafter amended, restated or otherwise modified from time to time, the “Credit Agreement”).
WHEREAS, the Parent Borrower and the Borrowers have requested that the Administrative Agent and Lenders agree to certain amendments to the Credit Agreement, all as and to the extent, and solely as and to the extent, set forth in this Amendment and subject to the terms and conditions set forth in this Amendment.
WHEREAS, the Administrative Agent and the Lenders party hereto are willing to so amend the Credit Agreement as and to the extent, and solely as and to the extent, and subject to the terms and conditions set forth in this Amendment.
WHEREAS, this Amendment shall constitute a Loan Document and these Recitals shall be construed as part of this Amendment.
NOW THEREFORE, in consideration of the premises and the mutual covenants hereinafter contained, and of the Loans and other extensions of credit heretofore, now or hereafter made to, or for the benefit of, the Borrowers by the Lenders, the Borrowers, the other Loan Parties, the Administrative Agent, the other Agents and the Lenders hereby agree as follows:
1. Concurrent with the closing of the Amendment, the following titles and roles shall be in place:
GENERAL ELECTRIC CAPITAL CORPORATION,
as Administrative Agent and U.S. ABL Collateral Agent
XXXXX FARGO SECURITIES,
as Syndication Agent
BANK OF AMERICA XXXXXXX XXXXX
BARCLAYS BANK PLC
XXXXXXX SACHS BANK USA
JPMORGAN CHASE BANK, N.A.
CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
DEUTSCHE BANK AG, NEW YORK, NY BRANCH
UBS SECURITIES LLC
CITIBANK, N.A.,
as Co-Documentation Agents
JPMORGAN CHASE BANK, N.A.,
as Issuing Lender
GE CANADA FINANCE HOLDING COMPANY,
as Canadian Agent and Canadian Collateral Agent,
GE CAPITAL MARKETS, INC.
XXXXX FARGO SECURITIES,
as Joint Lead Arrangers and Joint Bookrunning Managers,
BANK OF AMERICA XXXXXXX XXXXX
BARCLAYS BANK PLC
XXXXXXX SACHS BANK USA
JPMORGAN CHASE BANK, N.A.
CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
DEUTSCHE BANK AG, NEW YORK, NY BRANCH
UBS SECURITIES LLC
CITIGROUP GLOBAL MARKETS INC.,
as Joint Bookrunning Managers
2. Definitions. Except to the extent otherwise specified herein, capitalized terms used in this Amendment shall have the same meanings ascribed to them in the Credit Agreement (as amended hereby).
3. Amendments.
3.1 Each Lender signatory hereto that (a) is a current Lender under the Credit Agreement consents to its U.S. Facility Commitment and/or Canadian Facility Commitment, upon the effectiveness of this Amendment, being equal to the applicable amount set forth on Schedule A hereto under the heading “New Commitment” and (b) is not a current Lender under the Credit Agreement agrees that it shall, upon the effectiveness of this Amendment, become a Lender under the Credit Agreement having a U.S. Facility Commitment and/or Canadian Facility Commitment equal to the applicable amount set forth on Schedule A hereto under the heading “New Commitment” and shall be bound by all of the terms and conditions of the Credit Agreement and each other Loan Document applicable to the Lenders. To the extent that the new U.S. Facility Commitment and/or Canadian Facility Commitment of any Lender signatory hereto is not equal to its existing U.S. Facility Commitment and/or Canadian Facility Commitment under the Credit Agreement, such increase or decrease of the applicable Commitment amount shall be effectuated by means of an assignment of Commitments in accordance with the provisions of Section 11.6(g) of the Credit Agreement, without the need for any other documentation to effectuate such assignments. The Administrative Agent and Canadian Agent shall effectuate such assignments, as applicable, among the current Lenders and new Lenders, including by sending funding notices to the relevant current and new Lenders. The Lenders party hereto hereby waive the three-Business Day advance notice required pursuant to Section 11.6(g).
3.2 Section 1.1 of the Credit Agreement is amended by amending and restating the pricing grid in the definition of “Applicable Margin” in its entirety to read as follows:
|
Level |
|
Average |
|
ABR |
|
Applicable |
|
Canadian |
|
BA Rate |
|
|
I |
|
Greater than $750.0 million |
|
0.50 |
% |
1.50 |
% |
0.50 |
% |
1.50 |
% |
|
II |
|
Less than or equal to $750.0 million but greater than $400.0 million |
|
0.75 |
% |
1.75 |
% |
0.75 |
% |
1.75 |
% |
|
Level |
|
Average |
|
ABR |
|
Applicable |
|
Canadian |
|
BA Rate |
|
|
III |
|
Less than or equal to $400.0 million |
|
1.00 |
% |
2.00 |
% |
1.00 |
% |
2.00 |
% |
3.3 Section 1.1 of the Credit Agreement is amended by amending and restating the pricing grid in the definition of “Commitment Fee Percentage” in its entirety to read as follows:
|
Level |
|
Average Daily Used |
|
Commitment Fee Rate |
|
|
I |
|
Less than 50% |
|
0.375 |
% |
|
II |
|
Greater than or equal to 50% |
|
0.25 |
% |
3.4 Section 1.1 of the Credit Agreement is amended by amending and restating clause (vii) of the definition of “Eligible Inventory” in its entirety to read as follows:
“(vii) that consists of goods which have been returned by the buyer, other than goods that are undamaged or that are resaleable in the normal course of business, and other than any other returned goods which are deemed saleable following an appraisal of such goods, including inventory appraisals conducted from time to time hereunder in accordance with the terms of this Agreement;”.
3.5 Section 1.1 of the Credit Agreement is amended by amending the definition of “Eligible Inventory” by deleting the word “or” at the end of clause (xii), by deleting the period (“.”) at the end of clause (xiii) and replacing it with a semicolon (“;”), and by adding a new clause (xiv) as set forth below:
“or (xiv) that is located on premises owned, leased or rented by a Person that is not a Loan Party unless the Loan Parties have delivered to the Administrative Agent an agreement reasonably satisfactory in form and substance to the
Administrative Agent executed by the Person owning, leasing or renting any such location pursuant to which such Person waives or subordinates any Lien it may have on such Inventory, and agrees to permit the U.S. ABL Collateral Agent or the Canadian Collateral Agent, as applicable, to enter upon the premises and remove such Inventory or to use the premises for an agreed upon period of time to process, store and/or dispose of such Inventory; provided that Inventory having an aggregate book value less than or equal to 3.0% of the Borrowing Base as then in effect (based on the Borrowing Base Certificate last delivered) shall not be excluded in any event pursuant to this clause (xiv).”
3.6 Section 1.1 of the Credit Agreement is amended by amending and restating the definition of “Maturity Date” in its entirety to read as follows:
“Maturity Date”: the earlier of (i) June 28, 2018 and (ii) if obligations under the Cash Flow Facility remain outstanding prior to June 28, 2018, the maturity date (as may be extended and further extended from time to time) of the Cash Flow Facility under the Cash Flow Credit Agreement.”
3.7 Section 3.1(a) of the Credit Agreement is amended by deleting the dollar figure “$400.0 million” from clause (ii) of the proviso of the first sentence thereof and replacing it with the dollar figure “$250.0 million”.
4. Representations and Warranties of the Borrowers. The Borrowers, jointly and severally, hereby represent and warrant to the Administrative Agent and the Lenders, as of the date of this Amendment and as of the effective date of this Amendment, that:
4.1 The execution, delivery and performance by each Borrower of this Amendment have been duly authorized by all necessary corporate, limited liability company or other constituent document action, and this Amendment constitutes the legal, valid and binding obligation of each Borrower enforceable against each such Borrower in accordance with its terms, except as enforceability may be limited by applicable domestic or foreign bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law).
4.2 Each of the execution, delivery and performance of this Amendment by each Borrower (a) will not violate any Requirement of Law or Contractual Obligation of such Borrower in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.
4.3 No Default or Event of Default has occurred and is continuing under the Credit Agreement or any other Loan Document or would result from the execution and delivery of this Amendment. In addition, each Borrower hereby represents, warrants and reaffirms that the Credit Agreement and each of the other Loan Documents remains in full force and effect.
5. Conditions Precedent to Effectiveness. The effectiveness of the amendments and other agreements set forth in Section 3 hereof are subject in each instance to the satisfaction or waiver of each of the following conditions precedent, each in a manner reasonably satisfactory to the Administrative Agent:
5.1 Amendment. This Amendment shall have been duly executed and delivered by each Borrower, each Agent and each Lender.
5.2 No Default. No Default or Event of Default shall have occurred and be continuing or would result from the effectiveness of this Amendment.
5.3 Reaffirmations by Guarantors. The U.S. Subsidiary Guarantors and the Canadian Subsidiary Guarantors shall have reaffirmed their obligations under the U.S. Guarantee and Collateral Agreement and the Canadian Guarantee and Collateral Agreement, respectively, in each instance after giving effect to this Amendment, pursuant to written reaffirmations which are reasonably acceptable to the Administrative Agent and Canadian Agent, respectively.
5.4 Legal Opinion. The Administrative Agent shall have received an opinion of counsel to the Borrowers as to enforceability of this Amendment in form and substance reasonably satisfactory to the Administrative Agent.
6. Reference to and Effect Upon the Credit Agreement and other Loan Documents.
6.1 Full Force and Effect. Except as specifically provided herein, the Credit Agreement and each other Loan Document shall remain in full force and effect and each is hereby ratified and confirmed by each Borrower. The Borrowers hereby confirm that each Loan Document and all Collateral encumbered thereby will continue to guarantee or secure, as the case may be, to the fullest extent possible in accordance with the Loan Documents the payment and performance of all “Obligations” under each of the Loan Documents (in each case as such terms are defined in the applicable Loan Document).
6.2 No Waiver. The execution, delivery and effect of this Amendment shall be limited precisely as written and shall not, except as specifically provided herein, be deemed to (a) be a consent to any waiver of any term or condition, or to any amendment or modification of any term or condition of the Credit Agreement or any other Loan Document or (b) prejudice any right, power or remedy which any Agent or any Lender now has or may have in the future under or in connection with the Credit Agreement or any other Loan Document.
6.3 Certain Terms. Each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof’, “herein” or any other word or words of similar import shall mean and be a reference to the Credit Agreement as amended hereby, and each reference in any other Loan Document to the Credit Agreement or any word or words of similar import shall be and mean a reference to the Credit Agreement as amended hereby.
7. Counterparts. This Amendment may be executed in any number of counterparts, each of which when so executed shall be deemed an original but all such counterparts shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page to this Amendment by telecopier or “pdf’ shall be as effective as delivery of a manually executed counterpart signature page to this Amendment.
8. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO ITS PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES ARE NOT MANDATORILY APPLICABLE BY STATUTE AND WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.
9. Headings. Section headings in this Amendment are included herein for convenience of reference only and shall not constitute a part of this Amendment for any other purpose.
[Signature Pages Follow]
IN WITNESS WHEREOF, this Amendment has been duly executed as of the date first written above.
|
|
BORROWERS: | ||
|
|
| ||
|
|
HD SUPPLY INC. | ||
|
|
| ||
|
|
| ||
|
|
By: |
/s/ Xxxxxxx Xxxxx | |
|
|
Name: Xxxxxxx Xxxxx |
| |
|
|
Title: Senior Vice President, General Counsel and Corporate Secretary | ||
|
|
| ||
|
|
| ||
|
|
HD SUPPLY CANADA INC. | ||
|
|
| ||
|
|
| ||
|
|
By: |
/s/ Xxxxxxx Xxxxx | |
|
|
Name: Xxxxxxx Xxxxx |
| |
|
|
Title: Vice President and Secretary | ||
|
|
| ||
|
|
| ||
|
|
HD SUPPLY POWER SOLUTIONS, LTD. | ||
|
|
| ||
|
|
| ||
|
|
By HD Supply GP & Management, Inc., as its general partner | ||
|
|
| ||
|
|
By: |
/s/ Xxxxxxx Xxxxx | |
|
|
Name: Xxxxxxx Xxxxx |
| |
|
|
Title: Vice President and Secretary | ||
|
|
| ||
|
|
| ||
|
|
HD SUPPLY WATERWORKS, LTD. | ||
|
|
| ||
|
|
| ||
|
|
By HD Supply GP & Management, Inc., as its general partner | ||
|
|
| ||
|
|
By: |
/s/ Xxxxxxx Xxxxx | |
|
|
Name: Xxxxxxx Xxxxx |
| |
|
|
Title: Vice President and Secretary | ||
|
|
HD SUPPLY FACILITIES MAINTENANCE, LTD. | ||
|
|
| ||
|
|
| ||
|
|
By HD Supply GP & Management, Inc., as its general partner | ||
|
|
| ||
|
|
By: |
/s/ Xxxxxxx Xxxxx | |
|
|
Name: Xxxxxxx Xxxxx |
| |
|
|
Title: Vice President and Secretary | ||
|
|
| ||
|
|
| ||
|
|
HD SUPPLY CONSTRUCTION SUPPLY, LTD. | ||
|
|
| ||
|
|
| ||
|
|
By HD Supply GP & Management, Inc., as its general partner | ||
|
|
| ||
|
|
By: |
/s/ Xxxxxxx Xxxxx | |
|
|
Name: Xxxxxxx Xxxxx |
| |
|
|
Title: Vice President and Secretary | ||
|
|
GENERAL ELECTRIC CAPITAL CORPORATION, | ||||
|
|
as Administrative Agent and U.S. ABL Collateral Agent | ||||
|
|
| ||||
|
|
By: |
/s/ Xxxxxx Xxxxxxx | |||
|
|
Name: Xxxxxx Xxxxxxx |
| |||
|
|
Title: Duly Authorized Signatory | ||||
|
|
| ||||
|
|
| ||||
|
|
GE CANADA FINANCE HOLDING COMPANY, | ||||
|
|
as Canadian Agent and Canadian Collateral Agent | ||||
|
|
| ||||
|
|
By: |
/s/ Xxxxx Xxxxxxx | |||
|
|
Name: |
Xxxxx Xxxxxxx | |||
|
|
Title: Duly Authorized Signatory |
| |||
|
|
Bank of America, N.A., | ||
|
|
| ||
|
|
By: |
/s/ Xxxxxx X Xxxxxxx | |
|
|
Name: Xxxxxx X Xxxxxxx |
| |
|
|
Title: Senior Vice President | ||
|
|
Bank of America, N.A., (acting through its Canada branch) as a Canadian Facility Lender | ||
|
|
| ||
|
|
By: |
/s/ Xxxxxx Sales xx Xxxxxxx | |
|
|
Name: Xxxxxx Sales xx Xxxxxxx |
| |
|
|
Title: Vice President | ||
|
|
Barclays Bank PLC, | ||
|
|
| ||
|
|
By: |
/s/ Xxxxxxxx Kona | |
|
|
Name: Xxxxxxxx Kona |
| |
|
|
Title: Vice President | ||
|
|
Barclays Bank PLC, | ||
|
|
| ||
|
|
By: |
/s/ Xxxxxxxx Kona | |
|
|
Name: Xxxxxxxx Kona |
| |
|
|
Title: Vice President | ||
|
|
JPMorgan Chase Bank, N.A., | ||
|
|
| ||
|
|
By: |
/s/ Xxxxx X. Xxxxxx | |
|
|
Name: Xxxxx X. Xxxxxx |
| |
|
|
Title: Executive Director | ||
|
|
JPMorgan Chase Bank, Toronto Branch, | ||
|
|
| ||
|
|
By: |
/s/ Xxxxx X. Xxxxxx | |
|
|
Name: Xxxxx X. Xxxxxx |
| |
|
|
Title: Executive Director | ||
|
|
XXXXX FARGO BANK, NA, | ||
|
|
| ||
|
|
By: |
/s/ Xxxx Xxxxxxxx | |
|
|
Name: Xxxx Xxxxxxxx |
| |
|
|
Title: Authorized Signatory | ||
|
|
XXXXX FARGO CAPITAL FINANCE CORPORATION CANADA | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxxxx Xxxxxxxxx |
|
|
Name: |
Xxxxxxx Xxxxxxxxx |
|
|
Title: |
Vice President |
|
|
|
Xxxxx Fargo Capital Finance |
|
|
|
Corporation Canada |
|
|
CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxxxx X’Xxxx |
|
|
Name: |
Xxxxxxx X’Xxxx |
|
|
Title: |
Authorized Signatory |
|
|
|
|
|
|
|
|
|
|
By: |
/s/ Xxxxxxx Xxxxx |
|
|
Name: |
Xxxxxxx Xxxxx |
|
|
Title: |
Authorized Signatory |
|
|
CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxxxx X’Xxxx |
|
|
Name: |
Xxxxxxx X’Xxxx |
|
|
Title: |
Authorized Signatory |
|
|
|
|
|
|
|
|
|
|
By: |
/s/ Xxxxxxx Xxxxx |
|
|
Name: |
Xxxxxxx Xxxxx |
|
|
Title: |
Authorized Signatory |
|
|
Citibank, N.A., | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ K. Xxxxx Xxxxxxx |
|
|
Name: |
K. Xxxxx Xxxxxxx |
|
|
Title: |
Vice President |
|
|
Citibank, N.A., Canadian branch, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Niyousha Zarinpour |
|
|
Name: |
Niyousha Zarinpour |
|
|
Title: |
Authorized Signer |
|
|
DEUTSCHE BANK AG NEW YORK BRANCH, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxxxx Xxxx |
|
|
Name: |
Xxxxxxx Xxxx |
|
|
Title: |
Vice President |
|
|
|
|
|
|
|
|
|
|
By: |
/s/ Xxxxxx X. Xxxxxxxxxx |
|
|
Name: |
Xxxxxx X. Xxxxxxxxxx |
|
|
Title: |
Director |
|
|
DEUTSCHE BANK AG CANADA BRANCH, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxx X. Junst |
|
|
Name: |
Xxxx X. Junst |
|
|
Title: |
Managing Director & Principal Officer |
|
|
|
|
|
|
|
|
|
|
By: |
/s/ X. Xxxxx |
|
|
Name: |
X. Xxxxx |
|
|
Title: |
Assistant Vice President |
|
|
UBS Loan Finance LLC, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxxxx Xxxxxxxxx |
|
|
Name: |
Xxxxxxx Xxxxxxxxx |
|
|
Title: |
Associate Director |
|
|
|
Banking Products Services, US |
|
|
|
|
|
|
|
|
|
|
By: |
/s/ Xxxxx Xxxxx |
|
|
Name: |
Xxxxx Xxxxx |
|
|
Title: |
Associate Director |
|
|
|
Banking Products Services, US |
|
|
UBS Loan Finance LLC, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxxxx Xxxxxxxxx |
|
|
Name: |
Xxxxxxx Xxxxxxxxx |
|
|
Title: |
Associate Director |
|
|
|
Banking Products Services, US |
|
|
|
|
|
|
|
|
|
|
By: |
/s/ Xxxxx Xxxxx |
|
|
Name: |
Xxxxx Xxxxx |
|
|
Title: |
Associate Director |
|
|
|
Banking Products Services, US |
|
|
Xxxxxxx Sachs Bank USA, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxx Xxxxxx |
|
|
Name: |
Xxxx Xxxxxx |
|
|
Title: |
Authorized Signatory |
|
|
Xxxxxxx Xxxxx Bank USA, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxx Xxxxxx |
|
|
Name: |
Xxxx Xxxxxx |
|
|
Title: |
Authorized Signatory |
|
|
PNC BANK, NATIONAL ASSOCIATION | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ D. Xxxxxxx Xxxxxx |
|
|
Name: |
D. Xxxxxxx Xxxxxx |
|
|
Title: |
Vice President |
|
|
PNC BANK, CANADA BRANCH, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxx Xxxxx |
|
|
Name: |
Xxxx Xxxxx |
|
|
Title: |
Assistant Vice President |
|
|
SunTrust Bank, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxxx X. Xxxxxxx |
|
|
Name: |
Xxxxxx X. Xxxxxxx |
|
|
Title: |
Vice President |
|
|
U.S. Bank National Association, | |
|
|
|
|
|
|
|
|
|
|
By: |
/s/ Xxxxxxx Xxxxxx |
|
|
Name: |
Xxxxxxx Xxxxxx |
|
|
Title: |
Vice President |
|
|
U.S. Bank, N.A., Canada Branch, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxxx Xxxxxxx |
|
|
Name: |
Xxxxxx Xxxxxxx |
|
|
Title: |
Principal Officer |
|
|
CITY NATIONAL BANK, A NATIONAL BANKING ASSOCIATION, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxx Xxxxxxxx |
|
|
Name: |
Xxxxx Xxxxxxxx |
|
|
Title: |
Vice President |
|
|
CITY NATIONAL BANK, A NATIONAL BANKING ASSOCIATION, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxx Xxxxxxxx |
|
|
Name: |
Xxxxx Xxxxxxxx |
|
|
Title: |
Vice President |
|
|
UPS Capital Corporation, | |
|
|
| |
|
|
|
|
|
|
By: |
/s/ Xxxxxxx X. Xxxxxx |
|
|
Name: |
Xxxxxxx X. Xxxxxx |
|
|
Title: |
Director of Portfolio |
Schedule A: Commitments and Addresses
U.S. Facility
|
Lender |
|
Address |
|
Commitment |
| |
|
General Electric Capital Corporation |
|
General Electric Capital Corporation |
|
$ |
322,475,488.57 |
|
|
Bank of America, N.A. |
|
Bank of America, N.A. |
|
$ |
131,355,015.67 |
|
|
Barclays Bank PLC |
|
Barclays Bank PLC |
|
$ |
131,355,015.67 |
|
|
JPMorgan Chase Bank, N.A. |
|
JPMorgan Chase |
|
$ |
131,355,015.67 |
|
|
Xxxxx Fargo Bank, XX |
|
Xxxxx Fargo Bank, NA |
|
$ |
131,355,015.67 |
|
|
Credit Suisse AG, Cayman Islands Branch |
|
Credit Suisse AG |
|
$ |
61,485,326.49 |
|
|
Citibank, N.A. |
|
Citibank, N.A. |
|
$ |
60,625,391.85 |
|
|
Deutsche Bank AG New York Branch |
|
Deutsche Bank AG |
|
$ |
60,625,391.85 |
|
|
Lender |
|
Address |
|
Commitment |
| |
|
UBS Loan Finance LLC |
|
UBS Loan Finance LLC |
|
$ |
60,625,391.85 |
|
|
Xxxxxxx Sachs Bank USA |
|
Xxxxxxx Xxxxx Bank USA |
|
$ |
40,416,927.90 |
|
|
PNC Bank, National Association |
|
PNC Bank, National Association |
|
$ |
40,416,927.90 |
|
|
SunTrust Bank |
|
SunTrust Bank |
|
$ |
47,000,000.00 |
|
|
U.S. Bank National Association |
|
U.S. Bank National Association |
|
$ |
38,706,293.71 |
|
|
City National Bank, a National Banking Association |
|
City National Bank |
|
$ |
22,202,797.20 |
|
|
UPS Capital Corporation |
|
UPS Capital Corporation |
|
$ |
20,000,000.00 |
|
|
Total |
|
|
|
$ |
1,300,000,000.00 |
|
Canadian Facility
|
Lender |
|
Address |
|
Commitment |
| |
|
GE Canada Finance Holding Company |
|
GE Canada Finance Holding Company |
|
$ |
52,524,511.43 |
|
|
Bank of America, N.A. (acting through its |
|
Bank of America, N.A. |
|
$ |
21,394,984.33 |
|
|
Barclays Bank PLC |
|
Barclays Bank PLC |
|
$ |
21,394,984.33 |
|
|
XXXxxxxx Xxxxx Xxxx, Xxxxxxx Branch |
|
X.X. Xxxxxx |
|
$ |
21,394,984.33 |
|
|
Xxxxx Fargo Capital Finance Corporation Canada |
|
Xxxxx Fargo Bank, NA |
|
$ |
21,394,984.33 |
|
|
Credit Suisse AG, |
|
Credit Suisse AG |
|
$ |
10,014,673.51 |
|
|
Citibank, N.A., Canadian branch |
|
Citibank, N.A. |
|
$ |
9,874,608.15 |
|
|
Deutsche Bank AG |
|
Deutsche Bank AG Canada Branch |
|
$ |
9,874,608.15 |
|
|
Lender |
|
Address |
|
Commitment |
| |
|
UBS Loan Finance LLC |
|
UBS Loan Finance LLC |
|
$ |
9,874,608.15 |
|
|
Xxxxxxx Xxxxx Bank USA |
|
Xxxxxxx Sachs Bank USA |
|
$ |
6,583,072.10 |
|
|
PNC Bank Canada Branch |
|
PNC Bank Canada Branch |
|
$ |
6,583,072.10 |
|
|
U.S. Bank, N.A., Canada Branch |
|
U.S. Bank National Association |
|
$ |
6,293,706.29 |
|
|
City National Bank, a National Banking Association |
|
City National Bank |
|
$ |
2,797,202.80 |
|
|
Total |
|
|
|
$ |
200,000,000.00 |
|
