Air Transport Services Group, Inc. announced that it has completed the previously announced acquisition of Omni Air International LLC (Omni Air), a passenger ACMI and charter services provider, along with related entities, for $845 million, subject...
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November 12, 2018, 07:17 AM
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WaterBridge Resources LLC announced that its subsidiary WaterBridge Operating LLC has entered into a $200 million revolving credit facility led by SunTrust Bank with a syndicate of nine financial institutions. The Credit Facility will be used for...
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June 15, 2018, 07:15 AM
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Fundation, a leading digitally-enabled lender and credit solutions provider, announced that it has secured a $120 million asset backed credit facility from SunTrust Bank. Waterfall Asset Management was included in the facility as a Class B lender....
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May 16, 2018, 08:00 AM
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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...
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April 12, 2018, 07:41 AM
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According to the annual Business Pulse Survey by SunTrust Banks, Inc., nearly 50 percent of companies say attracting and retaining employees is their top challenge in 2018. Leaders of middle market businesses, with annual revenue of $10-150 million...
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March 20, 2018, 07:11 AM
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SunTrust Banks, Inc. announced key leadership appointments to accelerate the execution of the company's strategy. First, Mark Chancy, vice chairman and head of the Consumer Segment, and Beau Cummins, corporate executive vice president and head of the...
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February 15, 2018, 08:00 AM
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LendingTree, an online loan marketplace, announced it has entered into an amended and restated $250 million five-year senior secured revolving credit facility that will replace LendingTree's previous $125 million credit agreement. The amended and...
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November 29, 2017, 07:40 AM
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DataBank, Ltd., a Digital Bridge portfolio company and provider of business solutions for data center, cloud, interconnectivity and managed services, announced it has completed a $410 million Term Loan B credit facility, providing DataBank with...
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November 22, 2017, 07:28 AM
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SunTrust Banks, Inc. (NYSE: STI) announced that it has closed $600 million in financing for the Texas Rangers to fund the team’s share of construction costs for their new ballpark. The stadium, to be named Globe Life Field and built in a...
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September 14, 2017, 07:50 AM
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Farmer Bros. Co., a Delaware corporation, and China Mist Brands, Inc., together with the Company’s wholly owned subsidiaries, Coffee Bean International, Inc., an Oregon corporation, FBC Finance Company, a California corporation, and Coffee Bean...
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August 31, 2017, 07:15 AM
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SunTrust Banks, Inc. is opening Commercial Banking representative offices in the Midwest and Southwest regions, naming market presidents in Ohio and Texas. These new representative offices complement a number of SunTrust business lines that serve...
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August 10, 2017, 07:17 AM
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PennantPark Investment, a provider of capital to middle-market companies, entered into a First Omnibus Amendment to its Second Amended and Restated Senior Secured Revolving Credit Agreement to, among other things, (i) extend the term of the revolving...
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May 30, 2017, 07:00 AM
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OnDeck, a provider of online lending for small business, announced that it had extended its current asset-backed revolving credit facility with SunTrust Bank.
As a result of the transaction, OnDeck extended the maturity date of its $100 million...
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May 26, 2017, 07:21 AM
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Air Transport Services Group, Inc. announced that it has obtained lender commitments for a one-year extension through May 2022 of its secured credit facility, and an expansion of its revolver portion.The amendment to ATSG’s agreements with a...
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April 03, 2017, 07:07 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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Ares Capital Corporation announced that it has increased its total borrowing capacity in conjunction with the closing of its previously announced acquisition of American Capital, Ltd. Ares Capital increased its total debt facility capacity from $2.2...
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January 05, 2017, 10:00 AM
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Innophos Holdings announced that it has entered into a new senior secured credit facility with a group of bank lenders, increasing the company's borrowing capacity by $125 million to $450 million, while reducing interest rates for the next five years...
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December 23, 2016, 07:03 AM
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The most important international markets and opportunities for U.S. middle market companies lie within the Americas, according to a new report from the National Center for the Middle Market (NCMM). This finding, detailed in the NCMM's "Winning in the...
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September 16, 2016, 08:16 AM
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ExWorks Capital announced that Keith Kirkland has joined the company in its new offices in Atlanta.
Kirkland is a 25-year veteran of the financial services industry with expertise in sales, sales management, client relationships, marketing, and...
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August 19, 2016, 07:45 AM
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U.S. middle market companies recorded 7.2 percent average revenue growth in the second quarter of 2016, building upon already strong growth figures from Q1, according to the National Center for the Middle Market (NCMM). Combined with solid jobs gains...
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July 28, 2016, 07:41 AM
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TESSCO Technologies entered into a credit agreement that provides for a senior asset-based revolving credit facility of up to $35 million. The facility matures in five years, on June 24, 2021 and includes a $5.0 million sublimit for the issuance of...
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June 30, 2016, 07:49 AM
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Cross Country Healthcare, Inc. has completed a new $140 million credit agreement with a lender group led by SunTrust Bank, as administrative agent and issuing bank. The credit agreement provides a $40 million term loan and a revolving credit facility...
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June 23, 2016, 07:39 AM
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Vonage Holdings, a provider of cloud communications services for businesses, has completed the acquisition of privately-held Nexmo for $230 million and closed on an expanded $450 million credit facility. San Francisco-based Nexmo provides application...
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June 07, 2016, 07:56 AM
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Air Transport Services Group, Inc. (ATSG) announced it has obtained commitments for an expansion of the revolver portion of its secured credit facility with a consortium of banks led by SunTrust, and that it has extended the maturity of the entire...
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June 02, 2016, 07:21 AM
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Wells Fargo Capital Finance announced that their Government Services group has expanded with the addition of two new positions. Greg Wheeless has been named Regional Manager and will lead the team and Linh Phu has been named Business Development...
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June 01, 2016, 07:58 AM
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East West Manufacturing, LLC, a leading global design, engineering, manufacturing and supply chain management company, is pleased to announce that it has successfully completed a growth recapitalization led by a private investment group with offices...
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June 01, 2016, 07:27 AM
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According to an SEC 8-K filing, Oxford Industries entered into a fourth amended and restated credit agreement that provides for a revolving credit facility of up to $325 million which may be increased by up to an additional $100 millon under certain...
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May 25, 2016, 07:09 AM
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According to the annual SunTrust Banks, Inc. Business Pulse Survey, there is a significant shift in the growth strategies of middle-market and small businesses as they move forward with plans to fuel expansion in the next five years. Thirty-six...
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March 24, 2016, 07:23 AM
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The National Center for the Middle Market (NCMM) has announced SunTrust Banks, Inc. as its new primary sponsor. The multi-year agreement will enable the NCMM to continue providing insights and analyses that drive growth, jobs and competitiveness in...
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March 16, 2016, 07:28 AM
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Tredegar Corporation announced that it has entered into a new $400 million five-year, secured revolving credit facility. The new facility includes a customary accordion feature allowing for additional borrowings of up to $50 million under certain...
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March 04, 2016, 07:54 AM
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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...
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March 01, 2016, 07:51 AM
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Comfort Systems USA, Inc., a leading provider of mechanical services including heating, ventilation, air conditioning, plumbing, piping and controls, announced that it has amended its existing senior debt facility to increase the credit commitment...
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February 24, 2016, 07:35 AM
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SunTrust Banks, Inc. has launched a new Payments & Technology Industry Specialty in Commercial and Business Banking. This creates a unique opportunity to drive an industry focus on companies developing financial technology and digital payments...
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February 03, 2016, 07:54 AM
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Trex Company has completed an amendment to its senior secured credit facility. The amended cash flow lending facility, obtained through Bank of America, Citibank, N.A., Capital One, N.A., and SunTrust Bank, is a seasonal facility that provides for a...
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January 14, 2016, 07:14 AM
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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...
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September 23, 2015, 07:27 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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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...
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September 18, 2015, 08:01 AM
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Sheltair obtained a $60 million credit line and a $200 million senior credit facility for business acquisitions and for facility expansion at Fort Lauderdale-Hollywood International Airport and other airports.SunTrust Bank led a group of lenders who...
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August 24, 2015, 07:20 AM
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SunTrust Banks appointed Kevin Blair as corporate treasurer, effective July 1. Blair will report to SunTrust Chief Financial Officer Aleem Gillani and oversee the company’s liquidity, capital management, investment portfolio and balance sheet...
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June 16, 2015, 07:22 AM
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Sabre Industries, Inc. and FWT, LLC have completed a strategic business combination. Based in Alvarado, Texas, Sabre is a leading producer of highly engineered structures used for electricity transmission and distribution and wireless...
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March 03, 2015, 07:10 AM
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American Midstream Partners, LP announced today the execution of an amended and restated credit facility to increase the borrowing capacity to $500 million, with the option to further increase the borrowing capacity to $700 million, and to extend the...
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September 09, 2014, 07:03 AM
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American Eagle Energy Corporation closed a senior secured revolving credit facility with an initial borrowing base of $60 million. The borrowing base will be redetermined on a semi-annual basis. The credit facility interest rate ranges from LIBOR...
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August 28, 2014, 07:53 AM
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Zep Inc. announced that it successfully refinanced its credit facility consisting of a new $75 million term loan and a $250 million revolving loan maturing in August 2019. According to an 8-K filing, Bank of America is serving as adminstrative agent ...
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August 27, 2014, 09:36 AM
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Genius Brands International, Inc., a global brand management company dedicated to providing entertaining and enriching 'content with a purpose' for toddlers to 'tweens, announced today that it has secured a $2 million revolving line of credit with...
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August 26, 2014, 07:11 AM
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The KEYW Holding Corporation announced the closing of its previously announced offering of convertible senior notes due July 15, 2019 ("notes"). The company issued $130.0 million aggregate principal amount of notes.Concurrently with the issuance of...
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July 22, 2014, 07:39 AM
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Installed Building Products, Inc., an industry-leading installer of insulation products, has entered into a new five year, $100 million senior secured credit facility. The credit facility consists of a $75 million revolving line of credit and a $25...
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July 11, 2014, 07:21 AM
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Rent-A-Center, Inc., the nation’s largest rent-to-own operator, announced the completion of the previously announced refinancing of its senior credit facility. As previously announced, the company formerly anticipated entering into a new $850 million...
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March 20, 2014, 07:49 AM
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Diamond Foods, Inc. announced the completion of the refinancing of its debt capital structure.
"We are pleased with our new debt structure," said Raymond Silcock, Diamond's Chief Financial Officer. "In addition to substantially reducing interest...
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February 20, 2014, 07:43 AM
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Kayne Anderson Energy Development Company (the "Company" or "KED") announced today that it renewed its secured revolving credit facility (the "Credit Facility") and increased the total commitment amount from $95 million to $120 million by adding...
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January 30, 2014, 07:51 AM
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Capital Business Credit, a globally integrated financial products and services company, announced that Martin Schnurr will join the CBC team to grow its factoring and trade finance business in the Southeast. Schnurr brings to CBC more than 35 years...
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December 04, 2013, 07:51 AM
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HickoryTech Corporation, doing business as Enventis, announced today the closing of its debt refinancing agreement for an aggregate credit facility of $165 million. The amended credit facility offers HickoryTech access to extended financing through...
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October 31, 2013, 07:59 AM
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Maranon Capital, L.P. today announced a final close of Maranon Senior Credit Fund II at its target level of $330 million. Leverage was provided via a credit facility arranged and agented by SunTrust Bank.
“The successful close of Senior Credit Fund...
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October 31, 2013, 07:47 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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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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Capital Business Credit LLC, a globally integrated financial products and services company, announced the opening of its Dallas, TX office.Dan Maner, senior vice president, who formerly led business development efforts in CBC's North Carolina office...
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September 10, 2013, 07:54 AM
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Radiation Therapy Services Holdings, Inc., a leading operator of radiation therapy centers, announced today that its wholly owned subsidiary, Radiation Therapy Services, Inc., has amended its $140 million revolving credit facility. Wells Fargo served...
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August 30, 2013, 07:29 AM
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