U.S. Bank announced Kristy Carstensen as the new leader of its Global Treasury Management business. In this position, Carstensen heads the unit that provides comprehensive treasury management and payment solutions to the bank’s business, government...
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November 26, 2024, 07:40 AM
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U.S. Bank announced a realignment of its asset-based finance organization to best serve its current clients and meet the growing demand for asset-based financing products. John Freeman was named Head of Sales & Originations for U.S. Bank Asset Based...
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November 22, 2024, 08:15 AM
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Almost three quarters (73%) of American small business owners say their business has grown in the last year, with even higher percentages for Black (84%) and Hispanic (80%) owners, according to the U.S. Bank 2024 Small Business Perspective that was...
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August 27, 2024, 07:16 AM
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United Leasing & Finance successfully closed a $125 million revolving credit facility and a $300 million warehouse facility. These strategic facilities will significantly enhance the company's capacity to support the equipment needs of its growing...
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August 21, 2024, 07:00 AM
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U.S. Bancorp, parent company of U.S. Bank, announced that Arijit Roy will become the newest member of its Managing Committee, a group of 16 executives with various responsibilities for the organization’s revenue lines, enabling functions and...
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August 08, 2024, 07:59 AM
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Truck freight volumes and spending continued to drop in the second quarter, but at a slower pace than recent quarters, according to the latest U.S. Bank Freight Payment Index. Shipments increased in three regions – the West, Northeast and Southeast –...
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August 05, 2024, 07:33 AM
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U.S. Bancorp, parent company of U.S. Bank, announced that Tim Welsh, vice chair of Consumer and Business Banking, intends to leave the organization after seven years to focus on his many community activities and additional career interests.“During...
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June 28, 2024, 08:00 AM
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U.S. Bancorp announced expanded leadership roles for Stephen Philipson and Felicia La Forgia as part of an effort to strategically position the bank’s Wealth, Corporate, Commercial and Institutional Banking (WCIB) team. They will continue to report...
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June 05, 2024, 07:51 AM
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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...
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May 28, 2024, 07:48 AM
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U.S. Bancorp, parent company of U.S. Bank, announced that Gunjan Kedia will be its new President, reporting to Andy Cecere, who will retain the title of Chairman and CEO.In this role, Kedia, 53, will oversee the company’s three business lines...
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May 06, 2024, 08:00 AM
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U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report.The survey of more than 2,000 senior finance...
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April 25, 2024, 07:45 AM
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U.S. Bank has teamed up with Levantor Capital to expand flexible working capital financing options for U.S. Bank clients.U.S. Bank offers a wide range of risk management and financing solutions to help firms improve their working capital along supply...
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April 04, 2024, 08:01 AM
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U.S. Bank has launched a new division dedicated to serving private capital firms and global asset managers.The Private Capital and Global Asset Management division brings together all parts of the bank that currently serve more than 200 private...
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February 22, 2024, 08:00 AM
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Montrose Environmental Group has upsized its senior secured credit Agreement to $400 million. The additional $100 million of availability includes a $50 million increase in the revolving credit facility to $175 million and a $50 million increase to...
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February 21, 2024, 07:52 AM
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The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to the latest U.S. Bank Freight Payment Index. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7 percent...
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February 02, 2024, 07:05 AM
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U.S. Bank has named Ariel Meyerstein as the head of its Environmental, Social and Governance (ESG) Program Office.In this role, Meyerstein will be responsible for ESG strategy development, program management, enablement, stakeholder engagement and...
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October 05, 2023, 08:08 AM
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U.S. corporate finance leaders have firmly pivoted their focus from revenue growth to cost control as they navigate through an uncertain economic environment and rapidly changing business landscape, according to the 2023 U.S. Bank CFO Insights Report...
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October 02, 2023, 07:50 AM
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U.S. Bank announced a new cross-business initiative to serve healthcare practices with up to $25 million in annual revenue. Newly appointed Head of Healthcare Business Banking Joe Persichetti will lead this effort, working with teams across banking...
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September 15, 2023, 07:22 AM
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Shruti Patel has joined U.S. Bank as chief product officer for the business banking segment. In this key leadership role within the Consumer and Business Banking group, she will be responsible for delivering an integrated product strategy that...
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September 07, 2023, 07:09 AM
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U.S. Bank announced several updates to previously shared leadership changes that will be effective Sept. 1, 2023.“Our succession planning efforts have enabled us to move quickly and prudently to ensure continuity of leadership and service as senior...
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August 24, 2023, 08:03 AM
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Henry Schein, the world’s largest provider of health care solutions to office-based dental and medical professionals, closed on a new $750 million credit facility with a maturity date of July 2026. JP Morgan Securities and U.S. Bank acted as Joint...
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July 14, 2023, 07:51 AM
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U.S. Bank announced that Jimmy Whang has been named the head of its Commercial Products group, effective June 30. In this role, Whang will lead Fixed Income and Capital Markets (Capital Markets and Sponsor Finance; Credit Fixed Income; Structured...
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June 29, 2023, 08:00 AM
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U.S. Bank is introducing a new Business Diversity Lending Program that will expand the ability of diverse business owners to obtain capital, building upon the bank’s broader efforts to support under-represented businesses and help address the wealth...
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May 01, 2023, 07:15 AM
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U.S. Bank announced several changes to its executive leadership team to succeed two leaders who are leaving the company this summer.“We are proud of our longstanding history of attracting, developing and supporting talented leaders who position us...
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April 13, 2023, 08:00 AM
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Bank of America, Citigroup, JPMorgan Chase and Wells Fargo announced they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY-Mellon...
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March 17, 2023, 07:58 AM
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U.S. Bank has added portfolio optimization capabilities to its Pivot client platform, giving collateralized loan obligation (CLO) clients comprehensive insights for faster and more effective trading. Using a set of criteria selected by the client...
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March 01, 2023, 07:42 AM
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U.S. Bancorp Asset Management has named Jim Link as head of its institutional Outsourced Chief Investment Officer (OCIO) practice, housed within its wholly-owned subsidiary PFM Asset Management, LLC. In this role, Link will be responsible for...
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February 02, 2023, 07:39 AM
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U.S. Bank announced the hire of Guillaume Mascotto as the company’s head of Sustainable Finance. In this new leadership role, Mascotto will build and lead a new team focused on identifying sustainable finance opportunities across the entire...
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January 23, 2023, 08:00 AM
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U.S. Bank announced executive leadership changes that will change how the company manages technology and operations for its employees and customers.Jeff von Gillern, Vice Chair of Technology and Operations Services, intends to retire from the company...
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November 11, 2022, 07:55 AM
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In the 16 months between two U.S. Bank CFO surveys, finance leaders faced a wave of new challenges, from high inflation to the effects of the war in Ukraine. The 2022 U.S. Bank CFO Insights Report found that finance leaders’ priorities have shifted...
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November 01, 2022, 08:00 AM
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U.S. Bancorp has received all required U.S. regulatory approvals to complete the previously announced acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group, including approvals from the Board of...
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October 17, 2022, 08:02 AM
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American Banker has recognized U.S. Bank leaders in its 2022 Most Powerful Women in Banking, naming vice chairs Gunjan Kedia and Kate Quinn and senior vice president Vanessa Angeles among 75 individual honorees.Kedia, a vice chair and member of the...
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October 07, 2022, 07:27 AM
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U.S. Bancorp and Mitsubishi UFJ Financial Group (MUFG) have mutually agreed to exercise their right under the purchase agreement for U.S. Bank’s acquisition of MUFG Union Bank’s core regional banking franchise to extend the outside termination date...
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September 19, 2022, 08:00 AM
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AmeriTex Holdings closed $380 million in Senior Secured Credit Facilities with U.S. Bank to combine with its $35 million in current Subordinated Notes with Prudential Capital Partners, LP to continue its growth in products and other capabilities to...
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August 23, 2022, 07:46 AM
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Wabtec Corporation signed an amended and restated credit agreement that will increase the size of its existing revolving credit facility from $1.2 billion to $1.5 billion and added a $250 million delayed draw term loan facility. The facility...
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August 18, 2022, 07:38 AM
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Apogee Enterprises completed the amendment and extension of its senior unsecured credit facility. The agreement increases the company’s unsecured revolving credit facility to $385 million and provides for an uncommitted accordion feature allowing for...
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August 08, 2022, 07:00 AM
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McGrath RentCorp completed a $650 million credit facility with a syndicate of banks. The five year facility matures on July 15, 2027 and replaces the Company’s existing $420 million line of credit. BofA Securities served as Joint Lead Arranger and...
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July 20, 2022, 07:46 AM
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On September 21, 2021, MUFG and MUFG Bank announced an agreement to sell all shares of MUFG Union Bank, MUFG’s subsidiary owned through MUFG Americas Holdings Corporation, to U.S. Bancorp, with an expected closing date in the first half of CY2022...
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May 16, 2022, 07:00 AM
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U.S. Bank has entered into a collaboration agreement with trade-finance fintech LiquidX to help expedite and simplify supply-chain transactions between suppliers and buyers. This collaboration – which comes at a time of unparalleled stress in the...
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May 11, 2022, 08:02 AM
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U.S. Bank is building upon its subscription finance capabilities by launching a dedicated subscription finance group to support U.S. fund managers’ new investment activity. The specialized lending unit provides fund managers with revolving credit...
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April 29, 2022, 08:00 AM
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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...
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April 20, 2022, 07:45 AM
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The Swiss Helvetia Fund, a non-diversified registered closed-end investment company (the "Fund"), entered into a secured credit agreement with U.S. Bank that provides the fund with up to $15,000,000 of funding on a revolving basis, subject to a limit...
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April 04, 2022, 07:00 AM
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U.S. Bank hired two bankers with deep asset-based lending experience for its growing asset-based finance business. The hires are part of a strategy for the broader U.S. Bank Commercial Banking team to continue its expansion in Texas and across the...
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January 28, 2022, 08:00 AM
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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...
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December 21, 2021, 07:44 AM
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Essent Group amended its credit facility to increase the total facility from $625 million to $825 million with terms that provide for:
An increase in the revolving credit facility from $300 million to $400 million;
The issuance of an additional...
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December 14, 2021, 08:00 AM
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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...
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November 30, 2021, 07:20 AM
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U.S. Bank announced several company-wide commitments to address the impacts of climate change on its business, customers and communities, including:
Setting a goal to achieve Net Zero greenhouse gas emissions (GHG) by 2050
Setting a goal to...
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November 11, 2021, 07:09 AM
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U.S. Bank named Troy Remington as Chief Credit Officer. Remington has been serving as interim chief credit officer since early August, when the former chief credit officer accepted a new leadership role within the company. Remington will report to...
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October 18, 2021, 08:05 AM
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U.S. Bancorp has entered into a definitive agreement to acquire MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group in a transaction that will bring together two premier organizations with a focus on being the leader...
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September 21, 2021, 08:05 AM
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Henry Schein, the world's largest provider of health care products and services to office-based dental and medical practitioners, amended its revolving credit facility, including an increase in the maximum borrowing amount from $750 million to $1...
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August 23, 2021, 08:00 AM
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Sonic Foundry obtained a new $3 million secured revolving credit facility from U.S. Bank. The new agreement maintains a maximum availability of $3 million or the applicable borrowing base and bears interest at an annual rate equal to the one-month...
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August 04, 2021, 07:30 AM
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U.S. Bank entered into a definitive agreement to purchase PFM Asset Management LLC under its subsidiary, U.S. Bancorp Asset Management. PFM Asset Management will continue to operate as a separate entity. PFM Asset Management and U.S. Bancorp Asset...
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July 09, 2021, 07:12 AM
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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...
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July 02, 2021, 07:40 AM
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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...
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July 01, 2021, 07:23 AM
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ARC Document Solutions entered into a new, five-year revolving line of credit in the amount of $70 million, replacing the Company's former credit agreement dated November 20, 2014. The new agreement features terms similar to the former credit...
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April 27, 2021, 07:28 AM
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U.S. Bank named John C. Stern President of its Global Corporate Trust and Custody business within U.S. Bank Wealth Management and Investment Services. Stern, who currently serves as U.S. Bancorp Corporate Treasurer, will assume his role effective May...
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April 12, 2021, 05:00 AM
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TTEC Holdings amended its credit facility by exercising its accordion feature to increase the total commitments by $300 million to $1.2 billion. Incremental commitments were provided by a syndicate of banks arranged by Wells Fargo, including Bank of...
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March 30, 2021, 06:00 AM
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U.S. Bank announced that Derek Martin has been named St. Louis market President, succeeding Larry Otto, who retired on March 19, 2021. For 20 years, Martin has successfully managed a deep and diverse portfolio of middle-market companies, ranging from...
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March 25, 2021, 07:58 AM
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Digi International entered into an amended and restated credit agreement with BMO Harris Bank as administrative agent and collateral agent.The new facility provides Digi with a senior secured credit facility consisting of a $200 million senior...
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March 22, 2021, 07:59 AM
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U.S. Bank appointed Marcus Martin as managing director and head of Environmental, Social and Governance (ESG) for its Fixed Income & Capital Markets business.In his new role, Martin will be responsible for expanding the bank’s Sustainable Capital...
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February 11, 2021, 07:46 AM
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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...
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February 09, 2021, 07:00 AM
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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...
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December 29, 2020, 08:10 AM
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U.S. Bank announced several executive leadership changes today, including a new external hire and promoting key talent to broader roles.“This has been an extraordinary year that has challenged us in unexpected ways and helped us refocus our efforts...
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July 30, 2020, 08:40 AM
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Rosehill Resources Inc. and Rosehill Operating Company, LLC announced that they have commenced voluntary Chapter 11 cases under the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, pursuant to the terms...
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July 27, 2020, 07:50 AM
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U.S. Bank announced key leadership changes designed to further enhance client focus and speed to market in its Corporate & Commercial Banking (CCB) business.“We’re simplifying our organization to speed decision making, enhance strategic focus and...
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June 30, 2020, 08:45 AM
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U.S. Bank has created a new, fully digital option for small businesses to apply for and receive a loan or line of credit.
The digital process is part of a broader evolution of how the bank interacts with customers. Single-owner businesses within U.S...
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September 25, 2018, 08:00 AM
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U.S. Bank has named veteran banker Mahesh Kharkar as its Northern California market president. In this role, Kharkar will lead the market in company-wide efforts and activities and direct commercial banking in Northern California. Kharkar has more...
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August 29, 2018, 07:00 AM
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U.S. Bank announced that industry veteran Jodi Richard will become its new vice chairman and chief risk officer, succeeding P.W. (Bill) Parker, who previously announced his intention to retire this fall. In her new role, Richard will oversee the...
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August 16, 2018, 08:28 AM
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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...
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August 15, 2018, 08:10 AM
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Quality Systems, Inc., known to its clients as NextGen Healthcare, announced that it entered into a $300 million amended and restated revolving credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, U.S. Bank National Association...
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April 03, 2018, 07:27 AM
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U.S. Bank announced that it has expanded its Commercial Banking office in Charlotte and named veteran banker, Jim Kaspar, senior vice president and relationship manager. Kaspar will join Johnny Perry, senior vice president and relationship manager...
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September 14, 2017, 07:15 AM
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U.S. Bank has opened a new commercial banking office in Dallas office as part an ongoing expansion in the Dallas-Fort Worth area, which has emerged as one of the nation's leading hubs for middle market business investment.
U.S. Bank has built a...
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August 17, 2017, 08:01 AM
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Citizens Bank has hired Joseph C. Giampetroni as Regional Executive for the Midwest with responsibility for corporate banking in the greater Chicago area, Michigan and Ohio. Giampetroni joins Citizens with extensive banking experience in advising and...
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July 18, 2017, 07:19 AM
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U.S. Bank has named veteran banker Betsy Cadwallader as its Seattle market president, effective August 1. Cadwallader will lead the market in company-wide efforts and activities and will direct commercial banking in the greater Seattle area....
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July 13, 2017, 08:00 AM
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U.S. Bank has named veteran banker Mark Herman as its Salt Lake City market president, effective June 4. Herman will lead the market in company-wide efforts and activities, and will direct commercial banking in the greater Salt Lake City area. Herman...
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May 12, 2017, 07:27 AM
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U.S. Bank announced that its Healthcare Division has acted as sole bookrunner in providing a $300 million revolving line of credit to Adventist Health System West. Adventist Health is a faith-based, not-for-profit health delivery system operating 20...
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May 03, 2017, 07:11 AM
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Taubman Centers, Inc. announced the amendment and restatement of its primary revolving line of credit, which included a new, unsecured $300 million term loan and an extension of the $1.1 billion revolving credit facility. “This financing provides us...
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February 08, 2017, 07:09 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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On June 27, 2016, Best Buy Co., Inc. entered into a $1.25 billion five-year senior unsecured revolving credit facility agreement with JPMorgan Chase Bank, N.A as administrative agent, and a syndicate of banks. The five-year facility agreement will...
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July 01, 2016, 07:36 AM
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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...
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June 21, 2016, 07:50 AM
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CRH Medical Corporation, a North American medical company that provides physicians with innovative products and services for the treatment of gastrointestinal diseases, has entered into an agreement with The Bank of Nova Scotia (Scotiabank) for a U.S...
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June 16, 2016, 07:38 AM
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Nortek, Inc, a global diversified industrial company with leading brands and innovative air management and technology-driven solutions for residential and commercial applications, has successfully completed amendments to its asset-based revolving...
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May 11, 2016, 08:01 AM
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The New Home Company Inc. announced that it amended and restated its senior unsecured revolving credit facility. In connection with the amended and restated agreement, the company increased the total commitment from $200 million to $260 million and...
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May 11, 2016, 07:27 AM
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Fortune magazine named U.S. Bancorp the most admired superregional bank today, the sixth consecutive year that it has topped the list.“Integrity and ethics are fundamental to how we do business," said Richard Davis, chairman and chief executive...
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February 22, 2016, 07:42 AM
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SUPERVALU INC.announced it has completed the repricing, amendment and extension of its existing $1.0 billion asset-based revolving credit facility, which is secured by the company’s inventory, credit card and certain other receivables and certain...
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February 05, 2016, 08:02 AM
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U.S. Bank (NYSE:USB) announced that Leslie Godridge and Jim Kelligrew have been promoted to Vice Chairs and Co-Heads of its Wholesale Banking division, succeeding Richard “Dick” Payne who will retire in the spring. Godridge and Kelligrew report to...
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January 07, 2016, 07:18 AM
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United Wind, a leading provider of distributed wind energy solutions, has secured financing from U.S. Bank and New York Green Bank to expand its market leading WindLease program, which enables both residential and commercial property owners to lease...
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October 09, 2015, 07:19 AM
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H&R Block, Inc. announced its wholly owned subsidiary, Block Financial LLC, entered into a new five-year, $2.0 billion Credit and Guarantee Agreement. JPMorgan Chase Bank, N.A. acted as the administrative agent, and Bank of America, N.A., SunTrust...
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September 22, 2015, 07:39 AM
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Bluestem Group Inc. announced the completion of its acquisition of Orchard Brands Corporation, a leading national, multi-brand family of 13 catalog and eCommerce brands serving the boomer and senior demographics, for $410 million in cash, subject to...
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July 14, 2015, 07:58 AM
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TAB Bank announced the addition of Rodney D. Chavez to its business development team as vice president and business development officer. Chavez will be responsible for sourcing new business opportunities by providing asset-based and factoring...
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June 29, 2015, 07:53 AM
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IDEX Corporation announced it has closed a new five year, $700 million senior revolving credit facility. The facility was financed through a syndication of 10 financial institutions, co–led by Bank of America, N.A., JP Morgan Chase, N.A., and Wells...
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June 24, 2015, 07:49 AM
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Focus Financial Partners, LLC has increased its credit facility from $550 million to $1 billion to support its continued growth. The credit facility is supported by a consortium of leading financial institutions, including Bank of America, SunTrust...
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June 08, 2015, 07:21 AM
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Capmark Financial Group Inc. has entered into a definitive agreement to acquire Orchard Brands Corporation for $410 million in cash, subject to various pre- and post-closing adjustments. The transaction will broaden and diversify the customer base...
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May 28, 2015, 07:46 AM
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Minnesota Bank & Trust announced Kristin Leuer has joined its commercial banking team as vice president and portfolio manager. Leuer has over 30 years’ experience in banking and finance, most recently as vice president of commercial lending at BMO...
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February 17, 2015, 07:28 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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Pebblebrook Hotel Trust has successfully amended and restated its senior unsecured revolving credit facility. The amended credit facility has been increased to $600 million and is composed of a $300 million unsecured revolving credit facility, an...
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October 20, 2014, 07:26 AM
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Marlin Business Services Corp. announced the launch of its Franchise Finance Group with the hiring of Joshua A. Rouswell as Director of Franchise Financing and Joseph G. Haynes as Franchise Financing Manager. Mr. Rouswell and Mr. Hayes will be...
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October 14, 2014, 07:58 AM
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Net Access expanded its senior secured credit facility with U.S. Bank National Association by an additional $9 million which includes a $5 million increase to their revolving line of credit. The company will use a portion of the facility to refinance...
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August 27, 2014, 07:34 AM
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Innospec Inc. has added a new bank to its existing credit facilities agreement and increased its borrowing capacity under the facilities to $200 million.U.S. Bank has joined the existing banking group supporting Innospec, and is providing an...
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August 01, 2014, 07:08 AM
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City National Bank has hired Scott Smith to serve as senior vice president and manager of its commercial banking team in San Francisco.Smith will help lead City National's commercial banking activities throughout the Bay Area. City National Bank...
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July 31, 2014, 07:19 AM
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Watsco, Inc. has refinanced its existing unsecured revolving credit agreement led by JPMorgan Chase Bank as Administrative Agent, Bank of America and Wells Fargo Bank as Co-Syndication Agents and U.S. Bank National Association as Documentation...
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June 30, 2014, 07:15 AM
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Compass Diversified Holdings (CODI), an owner of leading middle-market businesses, signed a credit agreement for a revolving credit facility totaling $400 million and a term loan facility in the amount of $325 million. The two facilities, led by Bank...
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June 10, 2014, 07:52 AM
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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...
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June 05, 2014, 07:28 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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SUPERVALU INC. announced it has successfully completed the repricing, amendment and extension of its existing $1.0 billion asset-based revolving credit facility, which is secured by the company's inventory, credit card and certain other receivables...
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April 18, 2014, 07:52 AM
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Lithia Motors has completed a $1.0 billion five-year revolving syndicated credit facility with 13 institutions that will expire in December 2018. The facility can be expanded to $1.25 billion in total availability.The revolving facility will provide...
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December 19, 2013, 11:11 AM
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M.D.C. Holdings, Inc. entered into a new five-year $450 million unsecured revolving credit facility. The new facility permits an increase in the maximum commitment amount to as much as $1 billion, subject to receipt of additional commitments from...
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December 17, 2013, 07:29 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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EMCOR Group, Inc., a Fortune 500 leader in mechanical and electrical construction, industrial energy infrastructure, and facilities services for a diverse range of businesses, announced that it had entered into a $1.1 billion credit agreement with a...
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December 03, 2013, 07:36 AM
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Capital One Bank announced a name change for its asset-based and senior bank lending businesses from Capital One Leverage Finance to Capital One Business Credit Corp to more accurately reflect the group’s specialized financial product offerings. The...
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October 08, 2013, 08:03 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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U.S. Bank has hired Michael Righi to lead its middle market commercial banking teams in the Pacific Northwest and to serve as the company's president for Northern California. Righi will be based in San Francisco.In addition to serving as market...
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September 30, 2013, 07:52 AM
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Cole Taylor Business Capital (CTBC), a division of Cole Taylor Bank, announced the opening of a new regional sales office in Walnut Creek, California and the addition of a business development officer in Chicago. The Walnut Creek office will serve...
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August 07, 2013, 09:06 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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ICV Partners announced that its portfolio company SAFE Security successfully completed the refinancing of its existing senior credit facility with a new $130 million debt facility led by Bank of America. The new credit facility, $55 million more than...
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March 11, 2013, 08:02 AM
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Red Robin International, a wholly owned subsidiary of Red Robin Gourmet Burgers, that it has closed on a new $225 million credit agreement. The new credit facility, a five-year $225 million revolving line of credit, replaces a facility comprised of a...
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December 18, 2012, 07:43 AM
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