BNP Paribas hit the market last Tuesday with a $180 million facility backing Ares Management's acquisition of Maidenform from Oaktree Capital Management. The facility includes a $30 million revolver and $90 million first-lien term loan, both priced at LIBOR plus 33/4%, and a $60 million second-lien term loan priced at LIBOR plus 61/2%. The second lien has call protection of 102, 101. BNP Paribas bankers declined comment while, Oaktree and Maidenform officials did not return calls. Ares officials could not be reached for comment by press time. One loan investor said Maidenform is a tough business due to its nature as an apparel business, a lot of competition and the fact that it has been through bankruptcy once.