J.P. Morgan announced James Roddy as the new Global Head of Corporate Client Banking & Specialized Industries (CCBSI), Commercial Banking. Roddy will report directly Doug Petno, CEO of Commercial Banking at JPMorgan Chase.Roddy was the Co-Head of...
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December 21, 2020, 09:00 AM
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The Marcus Corporation entered into a First Amendment to its Credit Agreement, dated January 9, 2020, among the Company, the lenders from time to time party thereto, and JPMorgan Chase Bank, as administrative agent. The Credit Agreement provides for...
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April 30, 2020, 09:15 AM
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Macquarie Infrastructure Corporation entered into a senior secured revolving credit facility among the Company, as borrower, MIC Ohana Corporation, as guarantor, J.P. Morgan Chase Bank, N.A., as administrative agent and the lenders party thereto. The...
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March 25, 2020, 08:55 AM
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TopBuild Corp. (BLD) the leading installer and distributor of insulation and building material products in the United States, has entered into a new term loan and revolving credit facility, replacing its previous senior secured facilities. Total...
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March 24, 2020, 09:02 AM
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Kimco Realty Corp. announced that it has closed on a new $2.0 billion unsecured revolving credit facility with commitments from 21 lending institutions, replacing the company’s existing $2.25 billion unsecured revolving credit facility. The new...
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February 28, 2020, 09:00 AM
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Equity Residential announced its operating partnership has entered into a $2.5 billion multi-currency revolving credit facility, replacing its existing $2.0 billion credit agreement. The new facility matures on November 1, 2024, and can be extended...
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November 08, 2019, 08:50 AM
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Hewlett Packard Enterprise has obtained a five-year $4.75 billion revolving credit facility with JPMorgan Chase Bank and Citibank N.A. as co-administrative agents.According to a report from CRN, the credit facility was unrelated to a recent...
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August 21, 2019, 08:00 AM
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Fifth Third Bancorp has announced it is expanding its commercial banking capabilities to serve Texas-based middle-market companies by hiring Scott Silvas as market president.
Based in Houston, Silvas will be responsible for building teams in Houston...
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March 01, 2019, 08:36 AM
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Murphy Oil Corporation announced that its wholly owned subsidiary, Murphy Exploration & Production Company - USA, has closed the previously announced strategic deep water Gulf of Mexico joint venture with Petrobras America Inc., a subsidiary of...
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December 03, 2018, 08:00 AM
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PayPal Holdings, Inc. entered into an amended and restated credit agreement, with and JPMorgan Chase Bank, N.A., serving as Administrative Agent. The Credit Agreement amends and restates the existing credit agreement entered into by the Company and...
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November 28, 2018, 08:00 AM
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FS Energy and Power Fund (FSEP) announced it has raised over $1 billion of debt financing that simplifies its capital structure, diversifies its funding sources, enhances its matching of asset and liability duration, and ultimately allows for greater...
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August 20, 2018, 07:04 AM
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Cerberus Capital Management, L.P. and its affiliates (Cerberus), a global leader in alternative investing, announced that Matt Zames has been appointed President of Cerberus; Frank Bruno has been promoted to Co-Chief Executive Officer of Cerberus;...
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April 19, 2018, 07:22 AM
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Tailored Brands, Inc. announced that it has refinanced its existing Term Loan due June 2021, extending its maturity to April 2025.Tailored Brands Chief Financial Officer Jack Calandra said, "We are pleased to have refinanced our term loan and...
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April 10, 2018, 07:02 AM
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Ares Capital Corporation amended and restated its senior secured credit facility, among the Registrant, the lenders party thereto, and JPMorgan Chase Bank, N.A., as the administrative agent. The A&R Credit Facility, among other things, (a) extends...
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April 06, 2018, 07:33 AM
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Charles River Laboratories International, Inc. announced that it has refinanced its existing $1.0 billion of revolving credit facility due 2021 with a new $1.55 billion revolving credit facility due 2023, and its existing $650.0 million of term loan...
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March 26, 2018, 07:22 AM
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Bankrupt retailer Toys "R" Us is at risk of breaching a covenant of its debtor in possession loan following an unexpectedly slow holiday season, CNBC reports. Citing sources familiar with the matter, CNBC says the retailer still in compliance with...
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February 26, 2018, 08:00 AM
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Honeywell International Inc. entered into a $1.5 billion 364-Day Credit Agreement with the banks, financial institutions and other institutional lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, Goldman Sachs Bank USA, as...
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February 21, 2018, 07:22 AM
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Diplomat Pharmacy, Inc. has completed its acquisition of Leehar Distributors, LLC, doing business as LDI Integrated Pharmacy Services, from Nautic Partners, LLC; Oak HC/FT Partners, L.P.; and LDI management. Diplomat has also entered into new $800...
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December 21, 2017, 07:18 AM
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Newpark Resources, Inc. announced that it has entered into an Amended and Restated Credit Agreement, which amends and restates the company's previous credit agreement and increases the asset-based revolving loan facility from $90 million to $150...
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October 20, 2017, 07:08 AM
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Fifth Third Bancorp announced that it has named Eric Smith regional president of Fifth Third Bank (Chicago), effective Oct. 1. He will report to Steve Alonso, group regional president.Smith joined as market president of Fifth Third Bank (Chicago)...
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September 29, 2017, 08:00 AM
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Teleflex Incorporated and NeoTract, Inc. announced that the companies have entered into a definitive agreement under which Teleflex will acquire NeoTract in a transaction valued up to $1.1 billion. Under the terms of the agreement, Teleflex will...
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September 05, 2017, 08:03 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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Lear Corporation, a global supplier of automotive seating and electrical systems, announced that it has entered into a new credit agreement to refinance its existing credit facilities. The new credit agreement consists of a $1.75 billion revolving...
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August 09, 2017, 07:20 AM
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Fortress Transportation and Infrastructure Investors LLC entered into the credit agreement with a syndicate of lenders, including JPMorgan Chase Bank, N.A., as administrative agent.
The Credit Agreement provides for revolving loans to be made...
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June 26, 2017, 07:38 AM
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Essent Group Ltd., Essent Irish Intermediate Holdings Limited and Essent US Holdings, Inc. entered into an amended and restated credit facility with a committed capacity of $375 million, among the lenders party thereto and JP Morgan Chase Bank, N.A....
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May 22, 2017, 07:22 AM
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Eagle Pharmaceuticals, Inc., announced it has entered into a Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto.
The Credit Agreement provides for a three-year $50 million revolving credit facility...
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February 01, 2017, 07:18 AM
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iStar announced that it has engaged J.P. Morgan, Barclays Capital and Bank of America Merrill Lynch to arrange a $450 million senior secured term loan facility to reprice and partially repay iStar's existing $497 million senior secured credit...
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January 24, 2017, 07:00 AM
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Dex Media, Inc., one of the largest national providers of local marketing solutions for local businesses, announced that its prepackaged plan of reorganization (“the Plan”) was confirmed today by the U.S. Bankruptcy Court in the District of Delaware...
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July 18, 2016, 07:38 AM
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Eldorado Gold Corporation announced that the company has renewed its revolving credit facility. The amended and restated credit agreement includes available credit of U.S.$250 million, an accordion feature of U.S.$100 million, and an extension of the...
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June 14, 2016, 07:22 AM
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PharMerica Corporation, a national provider of institutional specialty home infusion hospital and oncology pharmacy services, announced that it has successfully closed on a new credit agreement. PharMerica will use the facilities for general...
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September 22, 2014, 07:54 AM
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MSX International (MSXI), a leading global business process outsourcing company, completed the refinancing of its outstanding debt and raised $260 million of senior secured credit facilities in a syndicated financing led by RBC Capital Markets and...
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August 25, 2014, 07:58 AM
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New Gold Inc. entered into a $300 million revolving credit facility with a syndicate of banks led by The Bank of Nova Scotia and RBC Capital Markets (the "Facility"). The Facility has a term of four years and replaces the company's previous $150...
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August 15, 2014, 07:38 AM
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Penford Corporation closed on new $170 million credit facilities on August 1, 2014, replacing the company’s prior revolving credit agreement. The facilities consist of a $145 million 5-year revolving credit agreement and a $25 million 6-year delayed...
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August 04, 2014, 07:46 AM
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Callon Petroleum Company announced the closing of an amended $500 million revolving credit facility (the "Amended Credit Facility") and a new $125 million senior secured second lien term loan facility (the "Second Lien Facility"). Each facility will...
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March 12, 2014, 07:42 AM
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PerkinElmer entered into an agreement to provide it a $700 million committed unsecured revolving credit facility through Jan. 8, 2019.JP Morgan Chase Bank acted as administrative agent on the facility, while Bank of America and Barclays Bank acted as...
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January 13, 2014, 07:07 AM
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Fiesta Restaurant Group, Inc. has entered into a new senior secured credit facility with a new syndicate of lenders led by Wells Fargo Bank, National Association, as administrative agent and a lender, and JPMorgan Chase Bank, N.A., as syndication...
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December 12, 2013, 07:26 AM
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Photronics, Inc., a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, has entered into a new five-year revolving credit facility with its existing lenders in the amount of $50 million, with an...
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December 06, 2013, 07:55 AM
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HEICO Corporation increased its $670 million revolving credit facility to an aggregate potential future capacity of $1 billion and that it also extended the facility by an additional year until December 2018. Under the amendment, $800 million of the...
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November 26, 2013, 11:10 AM
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Metalico, Inc. has closed a refinancing providing up to $125 million. Proceeds from the new facilities were used to pay amounts outstanding under the Company's prior credit agreement, repurchase $37 million of its Convertible Notes and pay related...
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November 25, 2013, 07:50 AM
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Verisk Analytics, Inc. has exercised an expansion feature under its revolving credit facility to increase the total facility to $975 million and extend the maturity until October 2018. Prior to this amendment, the facility totaled $850 million with a...
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October 29, 2013, 07:11 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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JPMorgan Chase & Co. announced that its Board of Directors intends to elect Linda B. Bammann and Michael A. Neal as directors of the company. Bammann is expected to be elected on September 16, while Neal is expected to join the Board in January 2014...
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September 10, 2013, 07:43 AM
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Akorn Inc., a maker of generic eye-care products, obtained $675 million of financing commitments backing its purchase of Hi-Tech Pharmacal Co. The credit pact consists of a $600 million term loan and a $75 million revolving credit line, according to...
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August 29, 2013, 07:48 AM
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Vishay Intertechnology, Inc. entered into an amended and restated $640 million credit facility. The senior secured facility matures on August 8, 2018. The company’s original $528 million revolving credit facility was scheduled to mature on December 1...
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August 09, 2013, 07:58 AM
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American Realty Capital Healthcare Trust, Inc. announced that on Jul. 24, through its operating partnership, it entered into an amended and restated credit agreement relating to its previously announced credit facility. The amended credit facility...
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July 26, 2013, 07:26 AM
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Exide Technologies reported today that it has received final Bankruptcy Court approval of its $500 million debtor-in-possession (DIP) financing provided by JP Morgan Chase and a group of lenders to whom the DIP financing was syndicated.On June 10...
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July 25, 2013, 07:28 AM
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KeyBank continues to expand its asset-based lending expertise with the addition of middle market banker Karen A. Grexa. She joins KeyBank Business Capital from JP Morgan Chase. Grexa, who is based in one of KeyBank’s midtown New York offices, works...
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July 22, 2013, 08:04 AM
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Newport Corporation has entered into a new $275 million senior secured revolving credit facility, with a $50 million expansion option, through a syndicate of global financial institutions led by JPMorgan Chase Bank, N.A. The new credit facility...
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July 19, 2013, 08:03 AM
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Centerbridge Capital Partners II, L.P. and its related entities have formed a new business called Carefree Communities, Inc. (Carefree) for the ownership and operation of destination recreational vehicle ("RV") resorts and senior manufactured housing...
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July 12, 2013, 07:27 AM
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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...
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June 28, 2013, 08:06 AM
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Materion Corporation entered into a second amended and restated credit agreement on June 20, 2013. The new credit agreement matures on June 20, 2018 and provides for a $375 million committed revolving credit facility, an increase of $50 million over...
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June 26, 2013, 07:18 AM
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Exide Technologies announced that it has received U.S. Court approval of a variety of motions that will support the Company's operations as it proceeds with its restructuring, including interim approval of its $500 million Debtor-in-Possession (DIP)...
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June 12, 2013, 07:45 AM
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CoBiz Financial has promoted T.J. Kern to manage CoBiz Structured Finance. The department provides asset-based and private equity-sponsored loans to middle market businesses within the company's footprint.
Kern has almost three decades of experience...
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May 02, 2013, 08:03 AM
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The Men's Wearhouse closed on its amended and restated credit facility. The credit agreement provides the company with a $300 million senior revolving credit facility, with possible future increases to $450 million under an expansion feature. In...
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April 16, 2013, 07:13 AM
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1-800-FLOWERS.COM, Inc., a leading florist and gift shop has entered into a new, amended and restated credit agreement with a syndicate of banks and other financial institutions led by JPMorgan Chase Bank, N.A. The new credit facility is comprised...
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April 11, 2013, 08:03 AM
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Weight Watchers International has successfully refinanced its long-term debt and has used the proceeds from its new term loans to pay off the outstanding borrowings under its previous term loans and revolving credit facilities.
The company announced...
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April 03, 2013, 07:46 AM
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MDC Partners announced it entered into an amended and restated five-year $225 million revolving credit facility. An SEC 8-K filing indicates that Wells Fargo Capital Finance is serving as administrative agent. Other lenders include JP Morgan Chase...
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March 21, 2013, 07:52 AM
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Reuters reports Highbridge Capital Management, a hedge fund manager owned by JPMorgan Chase & Co., has raised a $5 billion mezzanine debt fund as the latest alternative asset firm seeking to seize on corporate credit opportunities.
Dave Millar, a...
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March 18, 2013, 07:48 AM
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Bill Loving, chairman of the Independent Community Bankers of America (ICBA) and president and CEO of Pendleton Community Bank in Franklin, W.Va., and Camden R. Fine, president and CEO of ICBA, issued this statement following the Senate Permanent...
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March 18, 2013, 07:37 AM
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Cedar Fair Entertainment Company successfully completed the refinancing of its existing senior secured credit facilities with new senior secured credit facilities, consisting of a five-year, $255 million revolving credit facility and a seven-year...
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March 07, 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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Bloomberg reported the biggest U.S. banks including JPMorgan Chase & Co. and Citigroup Inc. are lending the smallest portion of their deposits in five years.
The reports cites data compiled by Credit Suisse Group AG which shows the average...
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February 21, 2013, 08:04 AM
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Measurement Specialties, a designer and manufacturer of sensors and sensor-based systems, entered into Amendment No. 4 to the credit agreement among the company, the financial institutions party thereto and JPMorgan Chase Bank, N.A., as...
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February 04, 2013, 07:35 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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Revel AC, Inc. announced the completion of an amendment to its existing revolving credit facility with JP Morgan Chase Bank, as administrative agent, and the lenders and financial institutions party thereto. The amendment provides for the addition of...
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December 28, 2012, 07:32 AM
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LCI Holdco, LLC, parent company of LifeCare Holdings, has reached an agreement to be acquired by Hospital Acquisition LLC, an acquisition vehicle owned by LifeCare's senior secured lenders. The transaction will strengthen the company's financial...
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December 12, 2012, 08:03 AM
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