Hilton Grand Vacations closed on an upsized $850 million revolving warehouse facility. The facility will accommodate both deeded and trust inventory including loans from legacy Bluegreen Vacations, which HGV acquired in January 2024. The facility...
Read Story
November 18, 2024, 07:38 AM
|
Regions Bank announced Ronnie Smith, head of the company’s Corporate Banking Group, will retire at the end of the year following more than four decades of service to Regions and its predecessor banks.Brian Willman, head of Commercial Banking for...
Read Story
August 15, 2024, 07:46 AM
|
Slide Insurance secured a $175 million senior credit facility led by Regions Bank in its capacity as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner. Synovus Bank and Texas Capital Bank, through its TCBI Securities Inc. division, also...
Read Story
June 28, 2024, 07:29 AM
|
DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, established a new $725 million credit facility with which to finance its ongoing and future data center construction projects. The new...
Read Story
April 11, 2024, 07:50 AM
|
eCapital closed a $245 million increase to the syndicated bank line supporting its asset-based lending (ABL) group. The upsize brings the total facility size to $815 million. The latest increase follows a $110 million line upsizing completed less...
Read Story
January 08, 2024, 08:03 AM
|
Alternative asset management firm HarbourView Equity Partners amended its senior secured credit facility led by Fifth Third Bank. Under the amended facility, HarbourView’s capacity has increased by $100 million, up to $300 million. The firm will use...
Read Story
December 06, 2023, 07:34 AM
|
Regions Financial announced that, following a 34-year career in the financial services industry, Ward Cheatham will retire as head of Corporate Specialized Banking and a member of Regions’ Executive Leadership Team at the end of 2023. Regions’...
Read Story
October 27, 2023, 08:15 AM
|
Regions Bank announced Anna Brackin has been appointed to serve as Chief Compliance Officer overseeing the company’s compliance risk management program. In addition, Gary Walton joined the bank as Business Unit Chief Risk Officer for Regions’...
Read Story
September 14, 2023, 07:24 AM
|
eCapital Corp. announced a $110 million increase to the syndicated bank facility supporting its asset-based lending (ABL) group. The upsize brings the total facility size to $570 million. Wells Fargo Bank acted as administrative agent for the lenders...
Read Story
August 01, 2023, 07:48 AM
|
Slide Insurance, a full-stack insurtech focused on homeowners insurance, closed a $35 million senior credit facility with Regions Bank. This credit facility builds on the funding Slide secured in its $105 million venture-back series A round which...
Read Story
June 23, 2023, 07:49 AM
|
Great Rock Capital announced the upsize of its leverage facility with KeyBank. The leverage facility agented by KeyBank provides over $450 million of capital and includes the recent additions of new lending partners First Citizens Bank, Regions Bank...
Read Story
June 14, 2023, 07:55 AM
|
Regions Bank announced veteran commercial banking leader Mark Evans will serve as the company’s first market executive focused exclusively on San Antonio and surrounding areas as Regions builds on its Texas presence yet again.Regions is one of the...
Read Story
April 10, 2023, 07:14 AM
|
Regions Bank announced the launch of its International Subsidiaries Banking Group, a dedicated team focused on delivering financial insights and customized banking services to subsidiaries of international corporations operating in the United...
Read Story
March 30, 2023, 08:04 AM
|
eCapital increased its syndicated bank facility supporting its eCapital Asset Based Lending (ABL) division, including eCapital Healthcare. Wells Fargo Bank acted as the administrative agent for the lenders and, along with Regions Bank, were the joint...
Read Story
December 22, 2022, 07:29 AM
|
Regions Bank closed a $135 million credit facility with Lendbuzz, an AI-based fintech company that is revolutionizing the auto finance market.Lendbuzz intends to use the funds to fuel the continued growth of its dealership floor planning...
Read Story
December 16, 2022, 07:54 AM
|
Regions Bank and subsidiary Sabal Capital Partners, a diversified commercial real estate lender, announced the hiring of Jason Scott as managing director and head of Conventional Loan Production for the companies.In this role, Scott will oversee...
Read Story
October 17, 2022, 07:44 AM
|
Regions Bank announced Kelly Henderson has joined the company’s Real Estate Capital Markets division and will serve as syndications lead for Regions’ Affordable Housing group.As syndications lead, Henderson will manage the distribution of Low-Income...
Read Story
September 30, 2022, 07:40 AM
|
Regions Bank on Thursday announced Ryan Sladek has joined the company’s Institutional Services division and will lead a team of strategists to deliver customized investment services for corporations, businesses, nonprofits, municipalities, and...
Read Story
August 29, 2022, 08:00 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
|
Regions Bank announced Tom Speir has been elevated to serve as head of Strategy and Corporate Development. Speir will report to Regions Chief Financial Officer David Turner.In this role, Speir will lead the bank’s enterprise-wide strategic planning...
Read Story
August 09, 2022, 07:00 AM
|
Regions Bank announced the establishment and continued business growth of a Commercial Corporate Finance (CCF) team that is connecting business leaders with specialized resources, insights, and guidance on opportunities including ownership...
Read Story
July 07, 2022, 08:01 AM
|
Regions Bank announced Dan Massey will join the company as Chief Enterprise Operations and Technology Officer.Directly reporting to John Turner, President and CEO of Regions Financial Corp., Massey will lead teams that oversee several critical...
Read Story
May 09, 2022, 07:00 AM
|
Clarus Corporation, a global company focused on the outdoor and consumer enthusiast markets, amended and upsized its existing senior secured credit facility jointly led by JPMorgan Chase Bank and Bank of America, with U.S. Bank, Regions Bank, Wells...
Read Story
April 20, 2022, 07:45 AM
|
Regions Bank announced it has hired Dave Strickert to lead Corporate Credit Products, part of Regions’ Credit Products Group within Corporate Banking.Strickert joins Regions after a 30-plus-year career at Bank of America, where he most recently...
Read Story
March 16, 2022, 08:04 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
|
Regions Financial, the parent company of Regions Bank, entered into a definitive agreement to acquire Clearsight Advisors, a leading-edge mergers and acquisitions firm serving clients in the technology, professional services, data and information...
Read Story
December 20, 2021, 07:50 AM
|
Regions Bank announced Leo Loughead has been elevated to lead the bank’s Financial Services Group, part of Regions’ Specialized Industries division within Corporate Banking.Based in Atlanta, Loughead joined Regions in 2018 as a managing director for...
Read Story
December 10, 2021, 07:29 AM
|
Regions Bank completed its acquisition of Sabal Capital Partners, a diversified financial services firm that leverages an innovative, technology-driven origination and servicing platform to facilitate off-balance-sheet lending in the small balance...
Read Story
December 06, 2021, 07:14 AM
|
Regions Bank announced Brad Kimbrough will retire on Feb. 28, 2022, following a nearly 29-year career at the bank, the last 14 of which he has served as Controller and Chief Accounting Officer. Kimbrough will be succeeded as Controller by Anil Chadha...
Read Story
November 17, 2021, 07:41 AM
|
Huttig Building Products entered into a new $250 million senior credit facility. The facility has a five-year tenure and can be expanded to $325 million through an uncommitted $75 million accordion, subject to certain conditions. JPMorgan Chase Bank...
Read Story
October 01, 2021, 07:52 AM
|
TNT Crane & Rigging closed on a $385 million asset-based lending revolving credit facility and a new $119 million 2nd lien term loan (the "2L Facility"). Proceeds from the ABL Facility and the 2L Facility will be used to repay all outstanding...
Read Story
September 09, 2021, 06:00 AM
|
Clarus Corporation, a global company focused on the outdoor and consumer enthusiast markets, announced that in connection with its acquisition of Rhino-Rack, it has amended and upsized its existing senior credit facility led by JPMorgan Chase Bank...
Read Story
July 02, 2021, 07:40 AM
|
AdaptHealth Corp. amended its senior secured credit facilities to increase its term loan by $100 million and to expand the maximum borrowing capacity under its revolving credit facility from $250 million to $450 million. The primary use of proceeds...
Read Story
April 26, 2021, 07:07 AM
|
M.D.C. Holdings, one of the nation's leading homebuilders, announced an increase in the aggregate commitment and maturity under its unsecured revolving credit facility. MDC increased the aggregate commitment under its existing $1.0 billion unsecured...
Read Story
December 29, 2020, 08:10 AM
|
Regions Bank announced that Barb Godin, deputy chief risk officer and chief credit officer, will retire from Regions at the end of 2020.Godin’s retirement follows a successful 45-year career in the financial services industry. She joined Regions in...
Read Story
August 19, 2020, 09:10 AM
|
Regions Bank announced it has entered into a definitive agreement to acquire Ascentium Capital LLC from Warburg Pincus, a global private equity firm focused on growth investing.Ascentium Capital, headquartered in Kingwood, TX, is the largest...
Read Story
February 28, 2020, 08:50 AM
|
Regions Bank announced that John Barton will retire from Regions, and will be succeeded as head of the Healthcare Specialized Industry Group by Mike Mauldin, DHA, CPA. Barton joined Regions in 2009 and has been instrumental in expanding the bank’s...
Read Story
November 21, 2019, 08:00 AM
|
Regions Bank announced the hiring of Brad Bunt as a Small Business Administration Commercial Banker for its East Texas and North Louisiana markets.As reported by the Marshall News Messenger, in this role, Bunt will be responsible for developing and...
Read Story
August 05, 2019, 08:55 AM
|
Regions Bank announced executive leadership appointments that reflect the company’s commitment to developing high-performing executives and leveraging cross-functional expertise to strengthen its focus on continuous improvement in every area of the...
Read Story
July 01, 2019, 08:50 AM
|
Regions Bank announced that Joel Stephens has been appointed executive managing director and head of Regions Capital Markets. Stephens joined Regions in 2008 and most recently led the Real Estate Capital Markets group. He succeeds Terry Katon who has...
Read Story
May 20, 2019, 08:55 AM
|
Ebix, Inc., an international supplier of on-demand software, e-commerce and payment services to the insurance, financial and healthcare industries, announced the expansion of its existing syndicated credit facility through the funding of an...
Read Story
November 29, 2018, 07:13 AM
|
Regions Bank announced that Michael Kolosowsky has joined the Energy & Natural Resources Group as a Managing Director with an emphasis on covering corporate clients across the midstream, power, and project finance segments to support Regions’ capital...
Read Story
October 29, 2018, 07:04 AM
|
Regions Bank announced that John Stacy has joined Regions and will serve as Managing Director and Head of Diversified Corporate Banking for Houston.
In this newly-created role, Stacy will oversee additional investment in Corporate Banking for...
Read Story
September 26, 2018, 07:50 AM
|
Regions Bank announced that Ryan Stash has joined the Energy & Natural Resources group as a Managing Director with an emphasis on covering corporate clients and prospects across the entire energy platform to support Regions’ capital markets expansion...
Read Story
September 12, 2018, 07:00 AM
|
Regions Bank announced it has named Kate Danella head of Strategic Planning and Corporate Development. In this expanded role, Danella will lead a team responsible for enterprise-wide strategic planning; mergers, acquisitions and divestitures; and...
Read Story
August 20, 2018, 07:10 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
|
Rotech Healthcare Inc. entered into a new $185 million credit agreement with a diversified group of lenders including SunTrust Bank as administrative agent and issuing lender and SunTrust Robinson Humphrey, Inc., Regions Bank and Fifth Third Bank, as...
Read Story
April 12, 2018, 07:41 AM
|
Ebix, Inc, an international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, announced the expansion of its existing credit facility from $450 Million to $650 Million, to assist in funding...
Read Story
February 27, 2018, 08:01 AM
|
Regions Financial Corporation announced that John M. Turner Jr. has been named President of Regions Bank and Regions Financial Corporation, its bank holding company. Turner, 56, is a Senior Executive Vice President, a member of the bank’s Executive...
Read Story
December 14, 2017, 07:30 AM
|
Regions Bank announced that Mark Hardison has joined the Healthcare group as Managing Director with an emphasis on covering clients and prospects across the entire healthcare platform. Hardison will report to John Barton, Executive Vice President of...
Read Story
September 06, 2017, 08:16 AM
|
Installed Building Products, Inc., an installer of insulation products, announced that the company has successfully refinanced its borrowings under its existing Term Loan and Delayed Draw Term Loan facilities, and closed its previously announced $300...
Read Story
April 17, 2017, 07:16 AM
|
Forbes Energy Services Ltd.announced that the plan of reorganization under Chapter 11 of the United States Bankruptcy Code of Forbes and its domestic subsidiaries has been confirmed by the U.S. Bankruptcy Court for the Southern District of...
Read Story
March 31, 2017, 07:13 AM
|
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...
Read Story
December 07, 2016, 07:29 AM
|
Opus Bank announced Michael Kinnick has joined Opus as Managing Director, Healthcare Banking. Kinnick, an 11-year banking and finance veteran, is responsible for providing senior debt financing and banking solutions to hospitals, skilled nursing...
Read Story
August 16, 2016, 07:17 AM
|
EarthLink Holdings Corp. has refinanced its $135 million revolving credit facility which otherwise would have matured in May 2017. The new amended and restated credit facility provides for a $125 million revolving credit facility and a $50 million...
Read Story
July 05, 2016, 07:52 AM
|
Guaranty Federal Bancshares, Inc. announced that its subsidiary, Guaranty Bank, hired H. Charles “Charley” Puls to serve as Executive Vice President, Chief Lending Officer. As a member of the bank’s executive management team, Puls’ primary...
Read Story
June 28, 2016, 07:26 AM
|
Aerojet Rocketdyne Holdings, Inc. announced a major refinancing that will provide it with greater financial flexibility to execute its long-term strategic agenda and substantially reduce the company’s interest expense. Bank of America Merrill Lynch...
Read Story
June 21, 2016, 07:50 AM
|
Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, announced the expansion of its existing credit facility from $240 million to $400 million, to fund its...
Read Story
June 20, 2016, 07:36 AM
|
Installed Building Products, Inc., an industry-leading installer of insulation products, announced it has entered into a new five-year, $325 million senior secured credit facility with an accordion feature allowing the Company to increase the...
Read Story
March 01, 2016, 07:51 AM
|
RealPage, Inc., a leading provider of on demand software and software-enabled services for the multifamily, single-family and vacation rental housing industries, announced that the company has entered into an agreement to amend certain terms as part...
Read Story
February 29, 2016, 08:02 AM
|
Regions Financial Corporation announced the acquisition of BlackArch Partners, a private, middle-market mergers and acquisitions (M&A) advisory firm headquartered in Charlotte, N.C. Financial terms of the transaction are not disclosed.“BlackArch...
Read Story
October 26, 2015, 08:24 AM
|
Regions Bank and Fundation Group LLC announced an agreement that will combine the strengths of one of the nation's largest full service banks with that of a leading online lender to provide small businesses with a first of its kind, coordinated...
Read Story
October 09, 2015, 07:24 AM
|
Adeptus Health Inc., the largest operator of freestanding emergency rooms in the U.S., announced that it has closed on $175 million of new senior secured credit facilities. Bank of America Merrill Lynch served as administrative agent. Bank of...
Read Story
October 07, 2015, 08:07 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
|
IronPlanet, a leading online marketplace for buying and selling used heavy equipment and trucks, has closed a new $55 million senior secured credit facility. The new facility repays a prior senior secured loan and provides additional capital for...
Read Story
September 18, 2015, 08:01 AM
|
CAN Capital, a leading player in alternative small business finance, announced today that it secured a $650 million credit facility from a dozen leading lenders. Led by Wells Fargo Capital Finance, the transaction includes new commitments from Morgan...
Read Story
April 03, 2015, 07:44 AM
|
Almost Family, Inc., a leading regional provider of home health nursing services, announced today it has entered into a new five-year $175 million revolving credit facility that increases its financial flexibility through 2020 (the Facility). J.P....
Read Story
February 13, 2015, 08:06 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
|
Stage Stores, Inc. entered into an amended and restated $350 million senior secured revolving credit facility (the “Credit Facility”) that will mature on October 06, 2019. The Credit Facility replaces the Company’s former $250 million senior secured...
Read Story
October 07, 2014, 07:53 AM
|
CorEnergy Infrastructure Trust, Inc. announced the closing of a new $30 million senior secured revolving credit facility with Regions Bank. The new four-year credit facility replaces the company’s existing $20 million revolving line of credit with...
Read Story
October 01, 2014, 06:39 AM
|
ENGlobal, a leading provider of engineering and automation services, announced that it has closed on a new three-year secured revolving credit facility with Regions Bank. The Regions facility allows the company to borrow up to $10 million pursuant to...
Read Story
September 17, 2014, 07:12 AM
|
Regions Financial Corporation announced the formation of a new corporate and investment banking Financial Services Group led by Tom Dierdorff. Dierdorff has been appointed senior vice president and group head of Financial Services and managing...
Read Story
August 07, 2014, 07:40 AM
|
Ebix, Inc., a leading provider of On-Demand software and E-commerce services to the insurance and financial industries, announced that it has closed on a $150,000,000 credit line as of August 5, 2014, to fund its growth and share repurchase...
Read Story
August 07, 2014, 07:22 AM
|
Opus Bank announced the national expansion of its Healthcare Banking division, which provides debt financing and banking solutions to hospitals, skilled nursing and assisted living facilities, hospice centers, home health agencies, outpatient care...
Read Story
June 26, 2014, 07:42 AM
|
Regions Bank announced that Terry Katon has been appointed executive managing director and head of Regions Bank Capital Markets.Previously Katon was managing director and group head of the commercial syndications business and head of origination for...
Read Story
April 15, 2014, 07:27 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
|
Conn's, Inc., a specialty retailer of home appliances, furniture, mattresses, consumer electronics and provider of consumer credit, today announced that it completed an expansion of its existing asset-based syndicated loan facility that matures...
Read Story
March 28, 2014, 07:25 AM
|
Euramax Holdings, Inc., announced that it amended its $70 million Amended and Restated Senior Secured Revolving Credit and Guaranty Agreement (the "ABL Credit Facility") with Regions Bank (as Collateral and Administrative Agent) and Regions Business...
Read Story
March 26, 2014, 07:32 AM
|
Star Gas Partners, a home energy distributor and services provider specializing in heating oil,has entered into a second amended and restated $450 million credit facility. The amended and restated credit agreement extends the term of the agreement...
Read Story
January 15, 2014, 07:37 AM
|
CAN Capital announced $33 million in funding led by Meritech Capital Partners (Meritech) with increased participation and ownership from existing investor Accel Partners (Accel). Meritech and Accel were joined in the funding round by Ribbit Capital...
Read Story
January 10, 2014, 07:21 AM
|
Ruby Tuesday entered into a four-year revolving credit agreement under which the company may borrow up to $50.0 million with the option, subject to certain conditions, to increase the facility by up to $35.0 million. The Senior Credit Facility...
Read Story
December 11, 2013, 11:04 AM
|
NewStar Business Credit has named Joe Kinkenon as executive vice president and chief credit officer. Kinkenon will be responsible for all portfolio and credit functions for the division.Kinkenon joins NewStar from Regions Bank and has more than 25...
Read Story
November 13, 2013, 06:24 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
|
RTI Biologics Inc., a leading provider of orthopedic and other biologic implants, announced today that it has completed the acquisition of Pioneer Surgical Technology.RTI previously announced plans to acquire all of the outstanding stock of Pioneer...
Read Story
July 16, 2013, 03:08 PM
|
BlueLinx Holdings, a leading distributor of building products in North America, has entered into an amendment to its U.S. revolving credit agreement that increases the amount of its credit facility to $447.5 million from $422.5 million.Under terms of...
Read Story
June 28, 2013, 08:06 AM
|
RTI Biologics Inc. (RTI), a leading provider of orthopedic and other biologic implants, announced its intent to acquire privately held Pioneer Surgical Technology (Pioneer), headquartered in Marquette, MI. Pioneer is a leading medical technology...
Read Story
June 12, 2013, 07:37 AM
|
Capital Access Network, Inc. (CAN) has added $165 million to its line of credit from a syndicate of premier financial institutions, now including Capital One, Amalgamated Bank, Regions Bank, Capital Source and AloStar. These banks join Wells Fargo...
Read Story
May 22, 2013, 08:04 AM
|
Carriage Services, Inc. entered into a third amendment to the Credit Agreement (the Third Amendment) which provides for an increase in the revolving credit commitments under the Credit Agreement from $105 million to $125 million and a decrease in the...
Read Story
April 26, 2013, 08:03 AM
|
International Speedway amended and restated its $300 million revolving credit facility provided by multiple lenders. The amendment provides better terms and extends the final maturity of the facility from November 2015 to November 2017. The facility...
Read Story
November 19, 2012, 07:32 AM
|