Content area
Full text
LOCATION: Perris, CA PACKAGE AMOUNT: $66 mil. ADMINISTRATIVE AGENT: Wells Fargo Bank NA BOOKRUNNER: Wells Fargo Bank NA OTHER LENDERS: Union Bank of California; Comerica Bank-California PURPOSE: Refin/Ret Bank Debt, Future Acquisitions, Working Capital, General Corp. Purp. ACTIVE: 12/26/01 BUSINESS: Manufacture, wholesale and install modular, relocatable buildings for commerical and school use Part A AMOUNT: $40 mil. TYPE: RevCred/Term Ln PRICING: LIBOR+150.000bps initially LIBOR +125.000 bps,ABR Flat LIBOR +150.000 bps,ABR +25.000 bps LIBOR +175.000 bps,ABR +50.000 bps FdDebt-CashFlow <1.00 FdDebt-CashFlow >=1.00,<1.50 FdDebt-CashFlow >=1.50 FEES: Commitment 25.000 bps,StbyLOC 137.500 bps Commitment 37.500 bps,StbyLOC 162.500 bps Commitment 37.500 bps,StbyLOC 187.500 bps Assignment US $3500.0 CommLOC 112.500 bps MATURITY: 12/31/06 Part B AMOUNT: $26 mil. TYPE: RevCred/Term Ln PRICING: LIBOR+150.000bps initially LIBOR +125.000 bps,ABR Flat LIBOR +150.000 bps,ABR +25.000 bps LIBOR +175.000 bps,ABR +50.000 bps FdDebt-CashFlow <1.00 FdDebt-CashFlow >=1.00,<1.50 FdDebt-CashFlow >=1.50 FEES: Assignment US $3500.0 MATURITY: 12/31/06