United States Steel Corporation announced changes to two asset-based credit facilities that reward performance for meeting sustainability targets. This is part of the ongoing execution of the company’s Best for All? strategy of creating profitable...
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July 26, 2021, 07:27 AM
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Eastern Bankshares, the stock holding company for Eastern Bank, and Century Bancorp, the stock holding company for Century Bank and Trust Company, jointly announced they have entered into a definitive all-cash merger agreement with an aggregate...
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April 08, 2021, 07:37 AM
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Iron Mountain Incorporated, the storage and information management services company, announced that it has closed the amendment and restatement of its existing revolving credit facility of $1.75 billion and its existing $250 million term loan A with...
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August 23, 2017, 07:40 AM
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Bob Evans Farms, Inc. announced the completion of its previously announced sale of Bob Evans Restaurants to Golden Gate Capital on April 28, 2017, and the completion of its acquisition of Pineland Farms Potato Company.The sale of Bob Evans...
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May 08, 2017, 07:14 AM
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Almost Family, Inc. has entered into a new five-year $350 million revolving credit facility that increases its financial flexibility through 2021. J.P. Morgan Securities LLC acted as lead book-runner and arranger, while Bank of America, N.A. acted...
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December 07, 2016, 07:29 AM
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US Capital Partners Inc. announced that Frank Villarreal has joined the firm as Vice President. Headquartered in San Francisco, US Capital Partners is a full-service private investment bank that makes direct debt investments, participates in debt...
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December 07, 2016, 07:12 AM
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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...
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November 18, 2016, 07:45 AM
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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...
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October 24, 2016, 07:18 AM
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CIT Group Inc. announced it has entered into a definitive agreement to sell CIT Commercial Air, its commercial aircraft leasing business, to Avolon Holdings Limited (“Avolon”), the international aircraft leasing company and a wholly-owned subsidiary...
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October 07, 2016, 07:21 AM
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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...
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September 29, 2016, 07:36 AM
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Ritchie Bros. Auctioneers Incorporated and IronPlanet® jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire IronPlanet for approximately US$758.5 million, subject to customary closing adjustments.Founded...
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August 30, 2016, 07:23 AM
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TIAA announced an agreement to acquire EverBank, a nationwide consumer and commercial bank with $27.4 billion in total assets. This acquisition significantly expands TIAA’s banking and lending products and complements the company’s full suite of...
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August 09, 2016, 07:50 AM
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CIBC announced that it has entered into a definitive agreement to acquire PrivateBancorp, Inc. and its subsidiary, The PrivateBank, a high-quality Chicago-based middle market commercial bank with U.S.$17.7 billion in assets, complemented by private...
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June 30, 2016, 07:52 AM
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Kindred Healthcare, Inc. announced that it has closed its previously announced incremental $200 million term loan, the net proceeds of which were used to repay outstanding borrowings under the Company’s $900 million senior secured asset-based...
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June 15, 2016, 07:28 AM
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Kindred Healthcare, Inc. announced it has completed syndication and pricing of an incremental $200 million term loan, the proceeds of which will be used to repay outstanding borrowings under the Company’s existing $900 million senior secured...
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June 10, 2016, 07:47 AM
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Mattress Firm Holding Corp., the nation's largest specialty mattress retailer, today announced the completion of its acquisition of all of the outstanding equity interests in HMK Mattress Holdings LLC, the holding company of Sleepy's and related...
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February 08, 2016, 08:00 AM
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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...
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January 28, 2016, 08:08 AM
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Caza Oil & Gas, Inc. announced its wholly owned subsidiary, Caza Petroleum, Inc. ("Caza Petroleum"), has entered into a credit agreement for a five-year, senior secured, reserve-based, revolving credit facility with JPMorgan Chase Bank, N.A., as...
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January 25, 2016, 07:52 AM
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Digital Realty Trust, Inc., a leading global provider of data center solutions, announced today that it has completed the refinancing of its global revolving credit facility and term loan. In conjunction with the refinancing, pricing was tightened...
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January 22, 2016, 07:28 AM
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Exactech, Inc., a developer and producer of bone and joint restoration products for hip, knee, shoulder and spine, announced the five-year renewal and increase of its senior secured revolving credit facility to $150 million.J.P. Morgan Securities LLC...
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December 21, 2015, 07:39 AM
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DHI Group, Inc.,formerly known as Dice Holdings, Inc., has entered into a five-year $250 million senior secured revolving credit facility scheduled to mature in November 2020. The new facility replaces the company's previous facilities, which...
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December 01, 2015, 07:21 AM
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KeyCorp announced today that they have entered into a definitive agreement under which KeyCorp will acquire First Niagara in a cash and stock transaction for total consideration valued at approximately $4.1 billion.First Niagara, headquartered in...
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October 30, 2015, 08:03 AM
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Navistar International Corporation announced that it has completed refinancing the $697.5 million senior secured term loan facility of Navistar, Inc., which was due to mature in August 2017, with a new $1.040 billion senior secured term loan that...
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August 10, 2015, 08:00 AM
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Del Taco Restaurants, Inc., the second largest Mexican-American QSR chain by units in the United States, announced the closing of a new five-year $250 million senior credit facility. The new revolving credit facility bears an initial interest rate...
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August 06, 2015, 07:46 AM
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KPS Capital Partners announced its portfolio company American & Efird Global (A&E) has completed a successful recapitalization. A&E raised approximately $275 million of financing, including a $65 million cash flow revolving credit facility and an...
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July 20, 2015, 07:29 AM
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GE announced today that it has reached an agreement to sell its U.S., Mexico, Australia and New Zealand fleet businesses to Element Financial Corporation for US$6.9 billion. Separately, GE has signed a memorandum of understanding for the potential...
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June 29, 2015, 08:05 AM
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Swift Energy Company announced that it has initiated a process to obtain a new first-lien term loan (the “Proposed Term Loan”). The principal amount of the Proposed Term Loan is expected to be $640 million. The loan would mature five years after the...
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June 24, 2015, 07:07 AM
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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...
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June 17, 2015, 07:53 AM
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Sprouts Farmers Market announced that it has completed a new five-year, $450 million revolving credit facility to replace its existing term loan and revolving credit facility. The Company will utilize the initial drawing of $260 million under the new...
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April 20, 2015, 07:15 AM
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LSQ Funding Group, a leading technology-enabled provider of working capital solutions for small- and mid-sized businesses, announced that it has received a capital investment of over $100 million in a transaction led by Lovell Minnick Partners LLC, a...
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April 16, 2015, 08:12 AM
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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...
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April 16, 2015, 07:58 AM
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Kindred Healthcare, Inc. completed syndication and pricing of an incremental $200 million term loan, the proceeds of which will be used to repay outstanding borrowings under the company’s $900 million senior secured asset-based revolving credit...
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March 06, 2015, 07:16 AM
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Monogram Residential Trust, an owner, operator and developer of luxury apartment communities in select markets across the United States, announced it has entered into a new $200 million revolving credit facility through Monogram Residential OP LP...
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January 20, 2015, 07:43 AM
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Superior Industries International announced that it has successfully closed a $100 million senior secured revolving credit facility. As previously announced, Superior entered into a commitment letter with J.P. Morgan Securities LLC (the “Lead...
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December 23, 2014, 07:44 AM
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Equinix, Inc., the global interconnection and data center company, announced the closing of its $1.5 billion five-year senior secured credit facility with a syndicate of eleven financial institutions. The senior credit facility consists of a $1.0...
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December 19, 2014, 07:18 AM
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Corporate Capital Trust, a business development company that offers individuals the opportunity to invest in the debt of privately owned American companies, has increased its lending capacity through its senior secured revolving credit facility from...
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December 02, 2014, 07:18 AM
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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...
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November 24, 2014, 07:23 AM
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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...
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November 21, 2014, 07:07 AM
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Mattress Firm Holding Corp. (the Company) announced the completion of its acquisition of all of the outstanding equity interests in The Sleep Train, Inc. for an aggregate purchase price of $425 million, subject to working capital and other customary...
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October 21, 2014, 07:53 AM
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CIT Group Inc., today announced that it has entered into a definitive agreement and plan of merger with IMB Holdco LLC, the parent company of OneWest Bank N.A. (“OneWest Bank”), for $3.4 billion in cash and stock.OneWest Bank is a privately owned...
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July 22, 2014, 07:51 AM
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Calumet Specialty Products Partners, L.P. announced the successful completion of an amendment and restatement of its revolving credit agreement. The amended agreement, which is comprised of a syndicate of banks with commitments of $1.0 billion...
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July 15, 2014, 07:46 AM
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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...
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July 15, 2014, 07:23 AM
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Extended Stay America, Inc. announced that its subsidiary, ESH Hospitality, Inc., is seeking to raise a $375 million Senior Secured Term Loan (the "Term Loan") to refinance the existing outstanding $365 million of mezzanine debt and pay related...
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May 27, 2014, 07:32 AM
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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...
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May 20, 2014, 07:36 AM
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Quad/Graphics, Inc., announced today that it has completed its previously announced $1.9 billion debt financing that includes refinancing, extending and expanding its $1.6 billion senior secured credit facility consisting of a five-year $850 million...
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April 29, 2014, 07:44 AM
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AV Homes, Inc., a developer and builder of active adult and conventional home communities in Arizona, Florida and North Carolina, announced it has entered into a three-year, $65 million senior secured revolving credit facility, that is scheduled to...
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April 10, 2014, 07:22 AM
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AK Steel said it has entered into a new $1.1 billion, five-year revolving credit facility with a group of lenders. The new credit facility will expire in March 2019. Bank of America, N.A., J.P. Morgan Securities LLC and Wells Fargo Capital Finance...
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March 18, 2014, 07:41 AM
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American Capital, Ltd. has amended its $450 million senior secured term loan credit facility. J.P. Morgan Securities LLC was lead arranger and sole bookrunner on the transaction.
The amendment modifies the credit agreement to:
Reduce the interest...
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February 27, 2014, 07:01 AM
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The WhiteWave Foods Company, a leading consumer packaged food and beverage company in North America and Europe, today announced that on January 2, 2014 it completed its previously announced acquisition of Earthbound Farm, one of the country’s leading...
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January 06, 2014, 07:38 AM
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TIER REIT, Inc., a Dallas-based real estate investment trust, announced that it has closed a new secured, revolving credit facility. The facility is secured by six assets and has an initial commitment of $260 million and an accordion feature to...
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December 30, 2013, 07:51 AM
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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...
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December 27, 2013, 08:02 AM
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Myers Industries, Inc. entered into a five-year, $200 million senior secured revolving credit facility with seven lending banks, replacing its previous senior credit facility that was scheduled to expire in November 2015. The senior credit facility...
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December 17, 2013, 07:26 AM
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Fidelity National Financial, Inc., a leading provider of title insurance, mortgage services and diversified services, announced the completion of the amendment of its existing $800 million senior unsecured revolving credit facility (“credit...
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October 28, 2013, 07:39 AM
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Aviation Capital Group (ACG) closed a four-year senior unsecured revolving credit facility of $850 million. The facility increases ACG's committed revolving debt capacity to $1 billion and provides increased flexibility to support its operations and...
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October 21, 2013, 07:54 AM
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TriMas Corporation -- a diversified global manufacturer of engineered and applied products -- announced the closing of its new senior secured credit facilities consisting of a $575 million senior secured revolving credit facility and a $175 million...
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October 17, 2013, 07:43 AM
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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...
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October 14, 2013, 07:21 AM
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Snap-on Incorporated entered into a five-year, $700 million multi-currency revolving credit facility that terminates on September 27, 2018 (the “New Facility”). This New Facility amends and restates Snap-on’s $500 million multi-currency revolving...
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October 01, 2013, 07:17 AM
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Apollo Investment Corporation or the "Company," announced an amended and restated credit facility ("the Facility"). The amended facility extends the final maturity by over two years to September 2018 and includes a one year amortization period...
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September 17, 2013, 06:50 AM
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Corporate Capital Trust, a business development company that offers individuals the opportunity to invest in the debt of privately owned American companies, announced that it has closed on a new senior secured revolving credit facility in the initial...
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September 12, 2013, 07:01 AM
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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...
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September 11, 2013, 07:02 AM
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American Capital, Ltd. has amended its $600 million senior secured term loan credit facility (which had $450 million in loans outstanding as of the closing date following a recent scheduled amortization payment). JP Morgan Securities, LLC and BMO...
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August 26, 2013, 07:35 AM
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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...
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July 16, 2013, 07:13 AM
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MB Financial, Inc. and Taylor Capital Group, Inc. announced the signing of a definitive merger agreement whereby MB Financial will acquire Taylor Capital. Taylor Capital is the holding company of Cole Taylor Bank, a commercial bank headquartered in...
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July 15, 2013, 08:02 AM
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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...
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July 10, 2013, 07:52 AM
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Willbros Group announced that it will pursue a refinancing of its outstanding term loan and revolving credit facilities. The company expects the refinancing to enable it to borrow new funds at a lower interest rate, to extend the maturity of its debt...
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July 08, 2013, 08:02 AM
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Dillard’s, Inc. amended and extended its $1 billion senior secured revolving credit facility, taking advantage of favorable market conditions. The facility pricing was improved and the maturity has been extended an additional year to July 1, 2018.The...
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July 02, 2013, 07:48 AM
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Carpenter Technology Corporation announced the successful completion of a $500 million syndicated credit facility. This five-year revolving line of credit replaces the $350 million revolver due to expire in June, 2016. The new facility, comprised of...
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July 01, 2013, 07:39 AM
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Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, completed a $1.7 billion five-year revolving syndicated credit facility with 25 financial institutions that will expire in June 2018 and can be expanded to $1.95 billion...
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June 21, 2013, 07:51 AM
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Magnetation LLC has successfully closed $110 million of senior secured credit facilities comprised of a $25 million senior secured revolving credit facility, a $50 million senior secured term loan A and $35 million senior secured delayed draw term...
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February 27, 2013, 08:03 AM
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The Associated Press reports that retailer JCPenney Co. has amended its bank credit facility to increase its borrowing capacity as it looks to finance its multiyear transformation. The department store chain it expanded the credit facility to $1.85...
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February 13, 2013, 08:01 AM
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Chemed Corporation entered into an amended and restated credit agreement for its revolving credit facility for which JPMorgan Chase Bank acted as the administrative agent and J.P. Morgan Securities and Merrill Lynch, Pierce, Fenner & Smith...
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January 22, 2013, 07:14 AM
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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...
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January 18, 2013, 08:30 AM
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NewPage Corporation has successfully completed its financial restructuring and has officially emerged from Chapter 11 bankruptcy protection pursuant to its Modified Fourth Amended Chapter 11 Plan (the Plan), confirmed on December 14, 2012, by the U.S...
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December 24, 2012, 10:00 AM
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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...
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December 13, 2012, 08:00 AM
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Federal-Mogul Corporation announced that it has engaged J.P. Morgan Securities and Wells Fargo Capital Finance to arrange certain amendments to its existing credit facility pursuant to which the company’s asset based revolving loan facility would be...
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December 04, 2012, 08:08 AM
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Kaman Corporation closed on a new five-year $500 million credit facility replacing its prior $317.5 million credit facility. The facility was brought to market by joint bookrunners and joint-lead arrangers J.P. Morgan Securities; Merrill Lynch...
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November 21, 2012, 07:02 AM
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Team Health Holdings, a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States, completed the amendment to its senior credit facility.
"We are very pleased...
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November 08, 2012, 02:00 PM
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