The AZEK Company, a designer and manufacturer of sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK Trim®, and StruXure® pergolas, entered into a new credit agreement with Wells Fargo Bank, as...
Read Story
September 30, 2024, 08:00 AM
|
Elme Communities, a multifamily owner and operator, entered into a new $500 million credit facility to replace the prior revolving credit facility which had been due to mature in August 2025. The new credit facility has a four-year term ending on...
Read Story
July 12, 2024, 07:32 AM
|
Wyndham Hotels & Resorts successfully completed the repricing of its existing $1.1 billion Senior Secured Term Loan B Facility due May 2030. The Term Loan B garnered significant investor demand, resulting in an upsize of $400 million while in market...
Read Story
May 28, 2024, 07:48 AM
|
FLEETCOR Technologies, a global business payments company, successfully closed on an amendment to its pro rata Term Loan A and Revolver A credit facilities. The transaction was leverage neutral and results in a $600 million increase in the Company’s...
Read Story
February 09, 2024, 08:02 AM
|
Dave & Buster's Entertainment announced that the Company successfully amended its credit agreement, achieving a reduction in the interest rate margin applicable to its term loans and revolving loans outstanding under its credit agreement by 60 basis...
Read Story
January 22, 2024, 07:58 AM
|
Harmonic entered into a new five-year, $160 million committed credit agreement (the "Credit Facility") with a lending syndicate led and arranged by Citibank, co-led by JPMorgan Chase Bank and Wells Fargo Securities, and includes HSBC and MUFG as...
Read Story
December 22, 2023, 07:21 AM
|
Jones Lang LaSalle (JLL) amended its bank credit facility to maintain the company's operating flexibility and support its growth strategy. The borrowing capacity will be $3.3 billion and the new five-year term extends the maturity from April 2026 to...
Read Story
November 06, 2023, 07:52 AM
|
Service Properties Trust entered into a new $650 million secured revolving credit facility. The maturity date of the new facility is June 29, 2027, and includes two six-month extensions at the borrower’s option. Interest paid on drawings under the...
Read Story
July 07, 2023, 07:55 AM
|
Dave & Buster's Entertainment successfully amended its credit agreement, achieving favorable pricing and upsizing the Term Loan B facility to $900 million. Deutsche Bank Securities, JPMorgan Chase Bank, Wells Fargo Securities, BMO Capital Markets...
Read Story
July 05, 2023, 07:40 AM
|
Koppers Holdings, an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, closed a 7-year $400 million senior secured Term Loan B (TLB), which will bear interest, at the company's option, at adjusted...
Read Story
April 14, 2023, 07:49 AM
|
Sterling Check Corp. announced a $700 million refinancing of the Company’s credit facility and the authorization of a $100 million share repurchase program. These distinct yet complementary strategic initiatives will enhance Sterling’s financial...
Read Story
November 30, 2022, 07:09 AM
|
Federal Signal Corporation, a leader in environmental and safety solutions, announced the completion of a new five-year $800 million credit facility, to replace its existing $500 million credit facility. The new facility is comprised of a $675...
Read Story
October 25, 2022, 07:53 AM
|
Benefitfocus, an industry-leading cloud-based benefits administration technology company, entered into a loan agreement led by JPMorgan providing for a senior secured credit facility in the amount of $140 million to replace the Company’s existing...
Read Story
August 19, 2022, 07:53 AM
|
CBRE Group entered into a new five-year revolving credit agreement that increases its revolving credit facility to $3.5 billion from $3.15 billion. The Joint Lead Arrangers and Joint Bookrunners for the transaction were Wells Fargo Securities, BofA...
Read Story
August 09, 2022, 07:00 AM
|
Hersha Hospitality Trust, owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced the Company closed on the refinancing of a $500 million Senior Secured Credit Facility and the closing of the first tranche of six of the...
Read Story
August 05, 2022, 07:35 AM
|
Waldencast Acquisition Corp., a special purpose acquisition company, announced that, on June 24, 2022, its wholly-owned subsidiary Waldencast Finco Limited entered into a Credit Agreement, by and among Waldencast Finco, as the borrower (the...
Read Story
June 27, 2022, 07:35 AM
|
Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, increased its sustainability-linked loan...
Read Story
May 19, 2022, 07:00 AM
|
Perrigo Company closed its previously announced senior secured credit facilities. The new facilities consist of (i) a $1.0 billion five-year revolving credit facility (the "New Revolving Facility"), (ii) a $500 million five-year term loan A facility...
Read Story
April 21, 2022, 07:50 AM
|
Excelerate Energy announced that the Company and Excelerate Energy Limited Partnership (the "Borrower") have entered into a senior secured revolving credit facility. The Facility enables the Borrower to borrow up to $350 million over a three-year...
Read Story
April 19, 2022, 07:52 AM
|
Sabre Corporation refinanced a portion of its existing indebtedness. Sabre incurred no additional indebtedness as a result of the refinancing above the refinanced amount, other than amounts covering certain interest, fees and expenses. The...
Read Story
March 10, 2022, 07:27 AM
|
Diversified Healthcare Trust amended the agreement governing its revolving credit facility and exercised its option to extend its maturity date to January 2024. The key terms of the amendment include:
DHC has extended the maturity date of its...
Read Story
February 24, 2022, 07:11 AM
|
Fluor Corporation increased its credit facility to $1.8 billion and extended the maturity to February 2025. This facility includes an ESG-linked pricing option, which provides the opportunity to further lower the Company’s overall borrowing costs....
Read Story
February 22, 2022, 07:46 AM
|
OSI Systems entered into an amendment to its senior secured credit facility that increases the aggregate amount available to borrow from $535 million to $750 million. The amended facility is comprised of a $600 million revolving credit facility and a...
Read Story
December 28, 2021, 07:45 AM
|
Ryder System executed a new $1.4 billion five-year global revolving credit facility, which includes 11 global institutions, and will expire on December 14, 2026. The credit facility will be used for working capital and other general corporate...
Read Story
December 21, 2021, 07:44 AM
|
WOW! Internet, Cable & Phone announced that WideOpenWest Finance, LLC, a subsidiary of WOW!, has priced and allocated a new Credit Facility that is anticipated to close next week. At closing, the Credit Facility will consist of a new (i) term loan B...
Read Story
December 10, 2021, 08:04 AM
|
TTEC Holdings, one of the largest, global CX (customer experience) technology and services innovators for end-to-end digital CX solutions, announced that on November 23, 2021 it amended and extended its credit facility, increasing the total...
Read Story
November 30, 2021, 07:20 AM
|
Tupperware Brands successfully raised $880 million in a new secured credit facility in order to refinance its existing credit facilities. Highlights of the New Facility:
Lowers interest rate on term loans by over 6 percentage points
...
Read Story
November 24, 2021, 08:00 AM
|
Integer Holdings, a leading medical device outsource manufacturer, announced that as a result of its financial strength and favorable debt markets, the company has successfully raised $1 billion in Senior Secured Credit Facilities to refinance its...
Read Story
September 03, 2021, 07:08 AM
|
Denny’s Corporation refinanced its amended and restated $350 million revolving credit facility to a new five-year $400 million revolving credit facility.Borrowings under the new credit facility will bear a tiered interest rate, which is based on the...
Read Story
August 27, 2021, 08:03 AM
|
Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, has increased its senior secured credit facility, the first-ever U.S....
Read Story
July 22, 2021, 07:50 AM
|
Sabre Corporation refinanced of a portion of its existing indebtedness, including the repayment in full of its Term Loan B facility and its Revolving Credit Loan facility, and termination of the revolving commitments thereunder. Sabre incurred no...
Read Story
July 13, 2021, 10:00 AM
|
Acadia Realty Trust closed on a $700 million amended and restated credit facility, which replaces the Company’s existing $600 million credit facility. The amended and restated credit facility provides for an increase in the Company’s existing...
Read Story
July 06, 2021, 07:17 AM
|
Sonoco, one of the largest global diversified packaging companies, entered into a new five-year $750 million revolving credit facility with a syndicate of banks. The Credit Agreement replaces an existing credit facility entered into on July 20, 2017...
Read Story
July 01, 2021, 07:23 AM
|
PLAYSTUDIOS entered into a new $75 million, five-year secured revolving credit facility to support its future growth initiatives. The New Credit Facility also provides the Company with an option to increase the credit facility for up to an additional...
Read Story
June 28, 2021, 07:16 AM
|
Frontdoor successfully closed a transaction to refinance its capital structure.The new credit facilities are comprised of:
$380 million Term Loan B due 2028; priced at LIBOR + 2.25%
$260 million Term Loan A due 2026; priced based on a pricing...
Read Story
June 18, 2021, 07:41 AM
|
Kilroy Realty Corporation announced that its operating partnership, Kilroy Realty, L.P. amended and restated its unsecured revolving credit facility. The amendment and restatement increased the size of the revolver from $750 million to $1.1 billion...
Read Story
April 22, 2021, 07:21 AM
|
STAG Industrial increased the capacity of the Company's unsecured credit facility to $750 million and refinanced $300 million of term loan debt. The Company exercised the accordion option of its unsecured credit facility capacity and increased its...
Read Story
February 09, 2021, 07:00 AM
|
Healthcare Realty Trust Incorporated announced that it has entered into an amended and restated $700 million unsecured revolving credit facility and an amended and restated term loan that expands the existing $150 million term loan facility to $200...
Read Story
June 03, 2019, 08:45 AM
|
Hercules Capital, Inc. announced that Hercules Capital Funding Trust 2019-1, a newly-formed wholly owned, indirect subsidiary of Hercules, has issued $250.0 million of class A notes rated A(sf) by Kroll Bond Rating Agency, Inc. (KBRA) backed by...
Read Story
January 23, 2019, 07:17 AM
|
Kadant Inc. announced that on December 14, 2018 it amended its existing credit agreement ("Credit Agreement") to increase its committed borrowing capacity under its revolving credit facility to $400 million, increase its uncommitted incremental...
Read Story
December 21, 2018, 07:10 AM
|
Global performance improvement solutions provider GP Strategies Corporation announced that it has entered into a new five-year $200 million credit facility with a syndicate of lenders led by PNC Capital Markets LLC and Wells Fargo Securities, LLC, as...
Read Story
December 06, 2018, 07:17 AM
|
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company, has announced the following new hires to its Government & Institutional Banking Division: Patrick McCarthy, Moira Baldwin and Ian Spier. Each join...
Read Story
October 31, 2018, 08:07 AM
|
Roosevelt University, a leading higher education institution dedicated to social justice and to making higher education available to all students who qualify academically, regardless of their background, announced that it has completed a successful...
Read Story
October 26, 2018, 09:00 AM
|
Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, announced that it has completed the amendment and extension of its unsecured revolving...
Read Story
August 15, 2018, 08:10 AM
|
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company, announced that Scott Van Bergh has joined as vice chairman in the Energy & Power Investment Banking group. Van Bergh will provide advice and...
Read Story
July 25, 2018, 07:48 AM
|
Transocean Ltd. announced that Transocean Inc. closed a $1 billion, five-year, senior secured revolving credit facility, with Transocean Ltd. and certain of its subsidiaries as guarantors thereunder. The new RCF includes an accordion feature that...
Read Story
June 28, 2018, 07:12 AM
|
Armory Group, LLC, a financial advisory firm serving the middle market, has hired Steven Sadek as Managing Director in the company's investment banking division. Based in Dallas, Steven brings more than 13 years of investment banking and financial...
Read Story
March 02, 2018, 08:00 AM
|
STORE Capital Corporation, an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, announced that it has expanded its unsecured revolving credit facility from $500 million to $600...
Read Story
February 13, 2018, 07:07 AM
|
Wells Fargo Securities, part of Wells Fargo & Co. announced the appointment of Jeff Johnston as head of Subscription Finance, reporting to Chris Pink, head of Asset Backed Finance & Securitization. Industry veteran, Dee Dee Sklar, will assume the...
Read Story
December 18, 2017, 07:20 AM
|
BlackArch Partners, a middle-market investment bank offering a full spectrum of advisory services, announced that Adam Huitt has joined the firm as Managing Director and head of the firm’s Healthcare industry practice.Over Huitt’s career, which...
Read Story
December 04, 2017, 07:34 AM
|
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company, announced that Andrew Singer has joined as managing director focused on the biopharmaceutical industry. He will be based in San Francisco. “We are...
Read Story
November 15, 2017, 07:25 AM
|
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company, announced that John Hudson and Kristin Lesher have been named the new co-heads of Investment Banking Coverage, effective immediately. Both will...
Read Story
November 15, 2017, 07:00 AM
|
Wells Fargo Securities announced that Stratford Shields, a veteran public finance and capital markets leader, has been named managing director and head of Public Finance, effective immediately. Based in New York City, Shields now oversees a national...
Read Story
November 09, 2017, 07:18 AM
|
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company, announced today that Mary Katherine DuBose has been appointed head of Debt Capital Markets effective immediately. In this newly created role, she...
Read Story
November 03, 2017, 08:00 AM
|
Emergent BioSolutions Inc. announced that it has completed a new five-year, $200 million syndicated senior secured credit facility. This new facility replaces and represents an increase from the company's prior $100 million facility, which was...
Read Story
October 02, 2017, 08:00 AM
|
The Investment Banking & Capital Markets team of Wells Fargo Securities announced that it has made two new hires to enhance the depth of expertise within its M&A and Industrials coverage teams, respectively. Aakash Bhasin has joined the M&A group as...
Read Story
August 11, 2017, 08:14 AM
|
Wells Fargo Government & Institutional Banking (GIB) named four public finance veterans to key management roles in Wells Fargo Securities (WFS), and one industry expert to the leadership team of its commercial banking practice.
Donald G. Wenzel, Jr....
Read Story
June 27, 2017, 07:39 AM
|
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company announced that industry veteran analyst Mike Mayo will join the Global Research, Economics & Strategy division on June 28 as managing director and...
Read Story
June 13, 2017, 08:01 AM
|
NXT Capital announced the closing of NXT Capital CLO 2017-1, a $406 million CLO. The financing is NXT’s fifth CLO and is secured almost exclusively by middle market senior secured loans originated by the company. The CLO has a four-year reinvestment...
Read Story
April 14, 2017, 07:14 AM
|
Lantheus Holdings, Inc., parent company of Lantheus Medical Imaging, Inc., announced the closing of a new $275 million term loan facility and a new $75 million five-year cash-flow revolver facility.Net proceeds from the new term loan, together with...
Read Story
March 31, 2017, 07:14 AM
|
Silgan Holdings Inc., a supplier of rigid packaging for consumer goods products, announced that it completed an amendment and restatement of its existing senior secured credit facility which extends the maturity dates for its senior secured credit...
Read Story
March 27, 2017, 07:10 AM
|
OSI Systems announced that it has entered into an amendment to its senior secured credit facility that increases the amount available from $450 million to $525 million. The amendment also lowers borrowing costs, extends the maturity from May 2019 to...
Read Story
December 22, 2016, 08:10 AM
|
Oxford Finance LLC, an industry-leading specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced that it has been acquired by an affiliate of Wafra Capital Partners, whose family of funds and...
Read Story
November 18, 2016, 07:45 AM
|
84 Lumber Company announced it has closed on a new $350 million Senior Secured Term Loan B (“TLB”) and refinanced its existing credit facility with a new $350 million Asset Based Revolving Credit Facility (“ABL Revolver”). The TLB and ABL Revolver...
Read Story
October 31, 2016, 08:14 AM
|
Altra Industrial Motion Corp., a leading global supplier of electromechanical power transmission and motion control products, announced that it has entered into an agreement to amend its existing credit facility. This amendment, which will become...
Read Story
October 24, 2016, 07:18 AM
|
International Speedway Corporation has amended and extended its $300 million revolving credit facility provided by multiple lenders. The amendment extends the final maturity of the facility from November 2017 to September 2021. The Facility can...
Read Story
September 29, 2016, 07:36 AM
|
Jack in the Box Inc. announced completion of an amendment to its existing senior credit facility. Under the terms of the amendment, the credit facility was increased to $1.6 billion, which consists of a $700 million term loan and $900 million...
Read Story
September 23, 2016, 07:44 AM
|
In a joint statement, Western Refining, Inc. and Western Refining Logistics, LP announced that WNRL has entered into an agreement with WNR and St. Paul Park Refining Co. LLC (“SPPR”), a wholly-owned subsidiary of Northern Tier Energy LLC and indirect...
Read Story
September 09, 2016, 07:38 AM
|
The mergers & acquisitions (M&A) business in the Investment Banking & Capital Markets Group (IBCM) is one of the fastest growing segments across Wells Fargo Securities. In order to continue building on that success, the organization has made...
Read Story
September 06, 2016, 08:14 AM
|
American Homes 4 Rent, a leading provider of high quality single-family homes for rent, announced the company entered into a $1 billion credit agreement with a syndicate of banks led by Wells Fargo Bank, National Association, as administrative agent...
Read Story
August 18, 2016, 07:28 AM
|
Premier Trailer Leasing, Inc., a leading provider of trailer leasing and rental assets and related value-added services in the United States, has been acquired by Redwood Capital Investments, LLC from Garrison Investment Group. “We are excited about...
Read Story
August 10, 2016, 07:13 AM
|
Quanex Building Products Corporation announced that it has entered into new senior secured credit facilities (the "New Senior Credit Facilities") due 2021 totaling $450 million, comprised of a $300 million revolving credit facility and a $150 million...
Read Story
August 01, 2016, 08:25 AM
|
The Ensign Group, Inc. announced that Ensign and its operating subsidiaries increased their credit facility by $200 million to an aggregate of $450 million. The borrowings are supported by a lending consortium arranged by SunTrust Robinson Humphrey...
Read Story
July 22, 2016, 07:49 AM
|
Wingstop Inc., an award-winning wing restaurant concept with more than 900 locations worldwide, announced it has closed on a new $180 million senior secured debt facility and that its board of directors has declared a special cash dividend of $2.90...
Read Story
July 01, 2016, 08:04 AM
|
Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, today announced that it has completed a $1.8 billion five-year revolving syndicated credit facility with 24 financial institutions that will expire in June 2021 and can be...
Read Story
June 20, 2016, 07:48 AM
|
Cambrex Corporation closed a new $500 million senior secured revolving credit facility (the “Credit Facility”), replacing the previous $250 million facility.“I am very pleased to announce this important transaction, which not only lowers our...
Read Story
May 23, 2016, 07:39 AM
|
The Securities and Exchange Commission charged a Rhode Island agency and its bond underwriter Wells Fargo Securities with defrauding investors in a municipal bond offering to finance startup video game company 38 Studios. The Rhode Island Economic...
Read Story
March 08, 2016, 08:08 AM
|
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, announced the refinancing of the senior secured credit facility (the "Revolving...
Read Story
March 04, 2016, 07:33 AM
|
The Ensign Group, Inc. announced that Ensign and its operating subsidiaries have increased its revolving credit facility by $100 million to an aggregate of $250 million, $105 million of which was drawn as of February 1, 2016. The credit facility is...
Read Story
February 08, 2016, 07:51 AM
|
Federal Signal Corporation, a leader in environmental and safety solutions, announced the completion of a new five-year $325 million revolving credit facility, to replace its existing $225 million credit facility. The arrangement also provides the...
Read Story
January 28, 2016, 08:08 AM
|
Wells Fargo & Company announced that Corporate Treasurer Paul Ackerman will take a role in Wells Fargo Securities as vice chairman and senior banker responsible for serving global financial institutions. In this position, Ackerman will leverage his...
Read Story
October 28, 2015, 07:43 AM
|
Wells Fargo Securities announced Thomas Curran has joined as managing director and head of Insurance Investment Banking and Capital Markets Solutions. In this new role, he will be advising on and developing capital markets products and solutions to...
Read Story
October 07, 2015, 07:33 AM
|
Wells Fargo Securities announced Jim Jeffries and Gary Wolfe have been appointed co-heads of the Loan Syndications and High Yield Debt Capital Markets group, effective October 1st. Their expanded roles include leading Investment Grade Loan...
Read Story
September 29, 2015, 07:46 AM
|
STORE Capital Corporation, an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it has expanded its unsecured credit facility from $300 million to $400 million...
Read Story
September 23, 2015, 07:27 AM
|
NewStar Financial Inc., an internally-managed commercial finance company, announced it completed a $398 million term debt securitization known as NewStar Commercial Loan Funding 2015-2. All floating rate classes of notes were priced at par. NewStar...
Read Story
September 22, 2015, 07:14 AM
|
Sirius XM Holdings Inc. announced that its subsidiary, Sirius XM Radio Inc., has entered into an amendment to its existing senior secured revolving credit facility with a syndicate of banks and other financial institutions to increase total...
Read Story
June 17, 2015, 07:53 AM
|
Dave & Buster's Entertainment, Inc. announced that it closed a five-year $500 million senior credit facility, which is a senior secured obligation of Dave & Buster's, Inc., and guaranteed by Dave & Buster's Holdings, Inc. and certain of Dave & Buster...
Read Story
May 18, 2015, 08:03 AM
|
Dillard’s, Inc. announced that it has issued a new $1 billion senior unsecured revolving credit facility, taking advantage of favorable market conditions and enhancing the company’s liquidity. This credit facility replaces a secured credit facility...
Read Story
May 15, 2015, 07:31 AM
|
G&K Services, Inc. announced the successful refinancing of its unsecured revolving credit facility. The new five-year, $350 million revolving credit facility replaces the company’s existing $250 million revolving credit facility, which was scheduled...
Read Story
April 16, 2015, 07:58 AM
|
Wabash National Corporation has closed on a new, $192.8 million Senior Secured Term Facility with a maturity in March, 2022. The proceeds from the new facility have been used to repay in full the outstanding balance on the Company's previous Senior...
Read Story
March 24, 2015, 07:21 AM
|
Wabash National Corporation announced it will launch a process intended to secure a new, $192.8 million Senior Secured Term Facility with an expected maturity in 2022, and the expected inclusion of other terms and conditions similar to the Company's...
Read Story
March 04, 2015, 07:21 AM
|
Parker Drilling Company announced the closing of a senior secured $200 million revolving credit facility, maturing in 2020. The facility was arranged by Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, who acted as...
Read Story
January 29, 2015, 07:48 AM
|
The Ryland Group, Inc. entered into a $300 million unsecured revolving credit facility. The facility, which matures in 2018, has an accordion feature under which the aggregate commitment may be increased up to $450 million, subject to availability of...
Read Story
November 24, 2014, 07:23 AM
|
Healthcare Trust of America, Inc. announced it had closed a new $1.1 billion senior unsecured credit facility consisting of a $800 million, five-year revolving credit facility and a $300 million term loan. The credit facility refinances the existing...
Read Story
November 21, 2014, 07:07 AM
|
Triumph Bancorp, Inc. announced it has completed its initial public offering of 6.7 million shares of its common stock at a price to the public of $12.00 per share. Triumph's common stock began trading on the NASDAQ Global Select Market on November 7...
Read Story
November 14, 2014, 07:19 AM
|
Oceaneering International, Inc. entered into a new credit agreement providing for a $300 million three-year delayed-draw term loan and a $500 million five-year revolving credit facility. The new credit agreement replaces a prior agreement that was...
Read Story
October 28, 2014, 07:13 AM
|
American Midstream Partners, LP announced today the execution of an amended and restated credit facility to increase the borrowing capacity to $500 million, with the option to further increase the borrowing capacity to $700 million, and to extend the...
Read Story
September 09, 2014, 07:03 AM
|
Canyon Midstream Partners, LLC ("Canyon") announced it has secured a four-year, $50 million credit facility, which can be expanded to $100 million. Proceeds from the credit facility will fund Canyon's expansion plans in the Permian Basin, the...
Read Story
September 05, 2014, 07:54 AM
|
Abercrombie & Fitch Co. announced that it has initiated a process to refinance its existing credit facilities. The existing credit facilities consist of a $350 million unsecured revolving credit facility maturing July 27, 2016 and a $150 million...
Read Story
July 15, 2014, 07:23 AM
|
EnerSys announced the amendment to its senior secured credit facility and an increase in the credit facility size to $650 million.The amended credit facility was increased by $300 million to $650 million and is comprised of a $500 million revolving...
Read Story
July 09, 2014, 07:54 AM
|
Olin Corporation announced has entered into new $415 million five-year senior credit facilities consisting of a revolving credit facility that replaces its $265 million senior revolving credit facility and a delayed-draw term loan facility that will...
Read Story
June 26, 2014, 07:14 AM
|
Willis Lease Finance Corporation announced that it has increased its revolving credit facility to $700 million from $450 million. The credit facility has been extended for five years through June 2019 and is available to Willis Lease on a revolving...
Read Story
June 05, 2014, 07:28 AM
|
Gray Television, Inc. has commenced a senior secured debt refinancing, expected to consist of a $500 million term loan and a $50 million revolving credit facility. The proceeds from this new senior secured credit facility will be used primarily to...
Read Story
May 29, 2014, 07:06 AM
|
On May 14, 2014, J. C. Penney Corporation, Inc., a wholly-owned subsidiary of J. C. Penney Company, Inc. entered into a commitment letter, with Wells Fargo Securities, LLC, Wells Fargo Bank, National Association, Bank of America, N.A., Merrill Lynch...
Read Story
May 20, 2014, 07:36 AM
|
NXT Capital announced the closing of NXT Capital CLO 2014-1, a $357 million collateralized loan obligation (CLO). The financing, NXT’s third CLO in three years, is secured almost exclusively by middle-market senior secured loans originated by NXT and...
Read Story
May 14, 2014, 07:41 AM
|
Pier 1 Imports, Inc. announced that its wholly owned subsidiary, Pier 1 Imports (U.S.), Inc., has completed the amendment of its $350 million senior secured revolving credit facility and successfully syndicated and closed the previously announced...
Read Story
May 01, 2014, 07:24 AM
|
Wells Fargo & Company announced that banking veteran Jonathan G. Weiss has been named the new head of Wells Fargo Securities, effective May 15, 2014. Weiss, who is based in New York, will replace John Shrewsberry, who was recently named the company’s...
Read Story
April 24, 2014, 07:16 AM
|
Post Holdings, Inc., a consumer packaged goods holding company, announced it has agreed to acquire MFI Holding Corporation ("Michael Foods") from affiliates of GS Capital Partners, affiliates of Thomas H. Lee Partners and other owners.
Michael Foods...
Read Story
April 18, 2014, 07:46 AM
|
Polypore International, Inc., a global high technology filtration company specializing in microporous membranes, announced that it has entered into a new senior secured credit agreement led by Bank of America Merrill Lynch and Wells Fargo Securities...
Read Story
April 09, 2014, 07:44 AM
|
Wells Fargo & Company announced today that Timothy J. Sloan, the company’s current chief financial officer and a senior executive vice president, will become head of the Wholesale Banking group, effective May 15, 2014. He will succeed David A. Hoyt...
Read Story
April 02, 2014, 07:27 AM
|
Era Group Inc. has amended and upsized its existing revolving credit facility. The amended facility increases borrowing capacity by 50%, reduces the company's cost of capital and offers greater operational flexibility with the Company's global fleet...
Read Story
April 01, 2014, 07:45 AM
|
Diamond Foods, Inc. announced the completion of the refinancing of its debt capital structure.
"We are pleased with our new debt structure," said Raymond Silcock, Diamond's Chief Financial Officer. "In addition to substantially reducing interest...
Read Story
February 20, 2014, 07:43 AM
|
On December 20, 2013, Riverbed Technology, Inc. entered into a credit agreement and related security and other agreements for a $600 million credit facility providing for a $300 million senior secured term loan facility and a $300 million senior...
Read Story
December 27, 2013, 08:02 AM
|
Consolidated Communications Holdings, Inc. completed a refinancing of its secured term debt resulting in an extension of maturities and significant interest savings. Wells Fargo Securities, LLC was the left lead arranger and bookrunner. Morgan...
Read Story
December 24, 2013, 07:36 AM
|
Triangle Petroleum Corporation announced that Caliber Midstream Partners, L.P., its midstream joint venture with First Reserve's Energy Infrastructure Fund , has closed on a senior secured revolving credit facility in the amount of $200 million.The...
Read Story
December 19, 2013, 11:37 AM
|
Western Refining Logistics, has completed its initial public offering of 15,812,500 common units representing limited partner interests in WNRL, at $22.00 per unit, pursuant to a registration statement on Form S-1 filed with the U.S. Securities and...
Read Story
October 18, 2013, 07:38 AM
|
Acxiom, an enterprise data, analytics and software-as-a-service (SaaS) company, announced a $600 million refinancing. The $600 million refinancing consists of a $300 million term loan and a $300 million undrawn revolving credit facility. In addition...
Read Story
October 14, 2013, 07:21 AM
|
Fifth Street Finance Corp. closed a public offering of 17,643,000 shares of its common stock, including 2,143,000 shares sold pursuant to the underwriters' option to purchase additional shares, at a public offering price of $10.31 per share for total...
Read Story
September 27, 2013, 07:26 AM
|
CenterPoint Energy, Inc. amended the three revolving bank credit facilities of the parent and its wholly-owned subsidiaries, CenterPoint Energy Houston Electric, LLC (CEHE) and CenterPoint Energy Resources Corp. (CERC).The amendments extend the...
Read Story
September 11, 2013, 07:02 AM
|
Radiation Therapy Services Holdings, Inc., a leading operator of radiation therapy centers, announced today that its wholly owned subsidiary, Radiation Therapy Services, Inc., has amended its $140 million revolving credit facility. Wells Fargo served...
Read Story
August 30, 2013, 07:29 AM
|
Blue Racer Midstream, LLC (“Blue Racer”) announced today that it has secured a five-year, $800 million credit facility, which can be expanded to $1 billion in the future. Formed in December 2012, Blue Racer is a joint venture between Caiman Energy II...
Read Story
August 23, 2013, 07:54 AM
|
EnerSys, a leader in stored energy solutions for industrial applications, announced the amendment to its $350 million senior secured credit facility.The amended facility remains a $350 million revolving line of credit and is for a term of five-years...
Read Story
August 07, 2013, 07:01 AM
|
United Online, Inc., a provider of consumer products and services over the Internet, announced that its wholly-owned subsidiary, FTD Companies, Inc. (FTD), has entered into a new credit agreement with various lenders, Bank of America Merrill Lynch...
Read Story
July 18, 2013, 07:09 AM
|
Alliance Data Systems Corporation, a leading provider of loyalty and marketing solutions derived from transaction-rich data, announced that the company completed a new $2.285 billion credit facility.The new facility consists of a $1,142.5 million...
Read Story
July 16, 2013, 07:13 AM
|
United Stationers Inc. announced it has closed an amendment and extension of its $700 million revolving credit facility with a syndicate of financial institutions. This amendment extends the expiration date of the facility to July 6, 2018.The...
Read Story
July 10, 2013, 07:52 AM
|
Denny's Corporation, one of America's largest full-service family restaurant chains, today announced that it has entered into a new five-year $250 million senior secured bank credit facility, comprised of a $60 million term loan and a $190 million...
Read Story
April 25, 2013, 08:05 AM
|
tw telecom inc. announced that its wholly-owned subsidiary tw telecom holdings executed a Second Amended and Restated Credit Agreement with a group of lenders that amends and restates its 2010 Credit Agreement. The Amendment lists Wells Fargo Bank...
Read Story
April 19, 2013, 07:11 AM
|
Martin Midstream Partners entered into a new secured revolving credit facility with lender commitments of $600 million. The newly amended agreement upsizes the facility from $400 million and extends the tenor of the facility by over two years with a...
Read Story
April 02, 2013, 07:23 AM
|
Salem Communications announced the early settlement of its previously announced cash tender offer for any and all of its $213.5 million aggregate principal amount of 9.625% Senior Secured Second Lien Notes due 2016.
In conjunction with the offer...
Read Story
March 15, 2013, 07:12 AM
|
Federal Signal Corporation successfully completed the refinancing of its existing senior secured credit facilities with new senior secured credit facilities, consisting of a five-year, $150 million revolving credit facility and a five-year, $75...
Read Story
March 14, 2013, 07:44 AM
|
DDR Corp. announced that it has closed the refinancing of its two senior unsecured revolving credit facilities scheduled to mature in February 2016 and its senior secured term loan scheduled to mature in September 2014. The new $750 million unsecured...
Read Story
January 18, 2013, 08:30 AM
|
Tempur-Pedic announced in a press release that the company entered into new senior secured credit facilities with Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC, J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and Fifth...
Read Story
December 13, 2012, 08:00 AM
|
Jack in the Box Inc. announced the completion of a new five-year $600 million senior credit facility, comprised of a $400 million revolving credit facility and $200 million term loan.
Proceeds from the refinancing will be used to retire the previous...
Read Story
November 09, 2012, 08:29 AM
|