KeyBank expanded its commercial banking business in Chicago and Southern California to serve more middle market clients with their differentiated platform – which includes a full range of commercial lending and capital markets capabilities as well as...
Read Story
November 20, 2024, 08:07 AM
|
With the election now behind us, many business owners are planning for 2025. A recent KeyBank Small Business Flash Poll found 61% of respondents indicated they were likely to seek clarity and hold off on major business decisions until after the...
Read Story
November 15, 2024, 07:45 AM
|
KeyBank released its semi-annual Middle Market Sentiment Report, which surveyed more than 700 business owners and executives of companies with $10 million to $1 billion in annual revenue, to gather their insights on the current economic and company...
Read Story
September 27, 2024, 07:44 AM
|
Trinity Capital, a leading provider of diversified financial solutions to growth-stage companies, announced an increase to $510 million of total commitments under its credit facility led by KeyBank.The credit facility was expanded under the existing...
Read Story
September 20, 2024, 08:00 AM
|
KeyBank Community Development Financial Institutions (CDFI) Lending and Investment Group has provided a $2 million loan to C3's Impact Fund.C3 Fund is a Chicago-based CDFI that provides capital and technical assistance to BIPOC and female real estate...
Read Story
August 29, 2024, 07:36 AM
|
Logan Ridge Finance Corporation amended and extended its existing senior secured revolving credit facility with KeyBank.Under the terms of the amendment, the applicable margin during the reinvestment period was reduced from 2.90% per annum to 2.80%...
Read Story
August 22, 2024, 07:26 AM
|
KeyCorp has reached an agreement under which The Bank of Nova Scotia (Scotiabank) will make a strategic minority investment in KeyCorp of approximately $2.8 billion, representing approximately 14.9 percent pro forma common stock ownership, for a...
Read Story
August 13, 2024, 07:59 AM
|
Trinity Capital amended its credit facility led by KeyBank. The amendment expands the original credit facility from $350 million to $440 million in commitments and includes an accordion feature, pursuant to which the Company may increase the size of...
Read Story
August 06, 2024, 07:40 AM
|
Star Equity Holdings announced that its KBS Builders (“KBS”) business unit has closed a $4 million revolving line of credit with KeyBank. KBS intends to use the LOC to meet its working capital requirements and execute its business plan. The closing...
Read Story
April 26, 2024, 07:41 AM
|
Second Wind Consultants announced that Sally Barton, most recently of KeyBank, is the newest member of the Second Wind team. After serving as Senior Vice President within KeyBank’s Asset Recovery Group (workout), Ms. Barton joins Second Wind in a...
Read Story
January 23, 2024, 07:47 AM
|
Great Rock Capital announced the upsize of its leverage facility with KeyBank. The leverage facility, agented by KeyBank, provides over $550 million of capital and includes the recent additions of new lending partners EverBank and Axiom Bank.“We’re...
Read Story
January 03, 2024, 08:04 AM
|
Global Net Lease announced that a consortium of banks have provided an indicative commitment to KeyBank, in its capacity as lead arranger and administrative agent under a confidential mandate letter executed in favor of the Company, to provide...
Read Story
September 01, 2023, 07:45 AM
|
Amplify Energy closed a new senior secured reserve-based revolving credit facility with Keybanc Capital Markets, Cadence Bank and Citizens Bank as joint lead arrangers and KeyBank as the administrative agent. The New Credit Facility replaces in full...
Read Story
August 03, 2023, 07:42 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
|
Ramaco Resources announced that its principal bank lender, KeyBank, has amended the Company's existing revolving credit agreement to increase the overall commitments under the Facility to $125 million. The Facility also provides the Company an...
Read Story
February 21, 2023, 07:47 AM
|
Altus Power closed on a revolving credit facility which provides the company with up to $200 million in financing to support its growth of assets and ability to serve additional customers with solar energy generation, storage and vehicle charging....
Read Story
December 21, 2022, 07:03 AM
|
Modiv Inc., an internally managed real estate investment trust (“REIT”) that acquires, owns, and manages a diversified portfolio of single-tenant net-lease real estate properties, announced that it successfully exercised the accordion feature of its...
Read Story
October 27, 2022, 07:14 AM
|
KeyBank and Beach Point Capital Management, a credit focused investment manager, announced that they have established a new joint venture middle market direct lending program with $1.5 billion in lending capacity for U.S. middle market clients.The...
Read Story
May 13, 2022, 07:57 AM
|
Mobile Infrastructure Corporation, a publicly registered, non-listed company which invests primarily in parking lots and garages in the United States, completed a $75 million revolving credit facility with KeyBank to refinance certain of the...
Read Story
April 04, 2022, 07:47 AM
|
Diversified Energy Company announced that the Company's bank lending group, led by KeyBank, completed its semi-annual redetermination of the Company's senior secured credit facility. The Bank Group approved an $825 million borrowing base...
Read Story
December 08, 2021, 07:30 AM
|
Espresso Capital closed a $200 million credit facility from KeyBank. A leading provider of innovative venture debt solutions, Espresso will use the facility to further expand its lending activities to high-growth technology and healthcare...
Read Story
November 22, 2021, 08:00 AM
|
Trinity Capital, a leading specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms, entered into a new $300 million credit...
Read Story
November 02, 2021, 07:09 AM
|
Physicians Realty Trust, a self-managed healthcare real estate investment trust, announced that it entered into a third amended and restated credit agreement (the "Credit Agreement"), extending the maturity date of the Credit Agreement from September...
Read Story
September 29, 2021, 07:45 AM
|
Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, closed a $350 million amended and restated senior unsecured credit facility to replace its existing $350 million senior unsecured...
Read Story
August 24, 2021, 06:00 AM
|
Diversified Energy Company announced its lenders, led by KeyBank, have completed an amendment to the Company's senior secured credit facility highlighted by an increase to the borrowing base to $625 million and inclusive of a maturity extension and...
Read Story
August 19, 2021, 07:35 AM
|
INDUS Realty Trust announced INDUS, as parent guarantor, INDUS RT, LP, as borrower, and certain subsidiaries of INDUS RT, LP as guarantors, have entered into a secured revolving credit facility of up to $100 million, replacing both the Company’s...
Read Story
August 06, 2021, 07:34 AM
|
Olympic Steel, a leading national metals service center, amended and extended the maturity of its existing $475 million, five-year asset-based revolving credit facility through June 16, 2026. Bank of America is the Administrative Agent and Joint Lead...
Read Story
June 17, 2021, 07:10 AM
|
Independence Realty Trust announced that its operating partnership, Independence Realty Operating Partnership, LP, closed on a new 5-year $200 million term loan. KeyBank was the Administrative Agent and KeyBanc Capital Markets, Capital One and...
Read Story
May 19, 2021, 07:10 AM
|
PetIQ entered into a new $300 million term loan and a $125 million new asset-based revolving line of credit.The credit facility replaces both the existing term loan and ABL facilities and increases borrowing capacity by approximately $109 million....
Read Story
April 20, 2021, 08:00 AM
|
Great Rock Capital announced the upsize of its leverage facility with KeyBank. The upsized facility includes the addition of new partners Huntington National Bank, First Foundation Bank, and Hitachi Capital America Corporation.“In executing the plan...
Read Story
April 15, 2021, 08:06 AM
|
SmartStop Self Storage REIT entered into a multi-currency credit facility of up to $500 million with a syndicate of banks led by KeyBank National Association, Wells Fargo, N.A., Citibank, N.A. and Bank of Montreal. The facility consists of a $250...
Read Story
March 18, 2021, 07:30 AM
|
KeyBank Specialty Finance Lending closed a $35 million credit facility for Commercial Equipment Finance Inc. (CEFI), an independent commercial equipment finance company headquartered in Puerto Rico. “CEFI is a leading equipment finance company that...
Read Story
February 02, 2021, 08:30 AM
|
KeyBank continues to grow Commercial Banking resources in its Connecticut and Massachusetts market with the addition of Albert M. Schenck, who has joined Key as a Senior Relationship Manager. Schenck is responsible for managing new and existing...
Read Story
December 24, 2020, 08:10 AM
|
KeyCorp announced that Greg Jones has been named Chief Diversity, Equity, and Inclusion Officer for the company. In this role, Greg will be accountable for leading the strategy and tactics to improve the acquisition, movement, development and...
Read Story
April 14, 2020, 09:45 AM
|
Westwood Financial, a leading retail real estate investment firm, announced that it has closed on its inaugural $95 million revolving credit facility.The inaugural facility matures in December 2022, with two, one-year extension options thereafter....
Read Story
March 20, 2020, 09:10 AM
|
NN, Inc., a diversified industrial company, today announced that it has successfully amended its senior credit agreement to, among other things, extend the maturity date of its revolving facility to July 20, 2022, and extend its April 2021 Term Loan...
Read Story
December 23, 2019, 08:45 AM
|
Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the close of a $100 million leverage facility with KeyBank National Association, one of the nation's largest bank-based financial...
Read Story
December 12, 2019, 08:45 AM
|
CoreSite Realty Corporation, a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., announced that it has extended its debt maturity profile and expanded its credit facility with total...
Read Story
November 12, 2019, 08:50 AM
|
Parker Hannifin Corporation, a global leader in motion and control technologies, completed its acquisition of Exotic Metals Forming Company LLC for $1.725 billion in cash. Exotic is a manufacturer of innovative and technically demanding...
Read Story
September 17, 2019, 08:45 AM
|
GridLiance, an independent electric transmission company, announced that its subsidiary, GridLiance Western Holdings, and transmission company, GridLiance West, closed on two new revolving credit facilities with commitments totaling $185 million. The...
Read Story
August 02, 2019, 08:30 AM
|
Z Gallerie, LLC, a retailer of home décor products, announced that it has filed voluntary petitions to restructure under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. In conjunction with...
Read Story
March 13, 2019, 08:02 AM
|
Crocs and its subsidiaries, Crocs Retail, LLC and Jibbitz, LLC, as borrowers, and Western Brands Holding Company, LLC, as guarantor, entered into the Seventeenth Amendment to the Amended and Restated Credit Agreement with the lenders party thereto...
Read Story
December 05, 2018, 07:04 AM
|
GridLiance High Plains, an independent transmission company and subsidiary of GridLiance Holdco, LP (GridLiance), recently closed on a $65 million revolving credit facility with KeyBank, N.A. The revolver will be used to finance the company’s growth...
Read Story
October 12, 2018, 07:14 AM
|
The Timken Company entered into a Credit Agreement with KeyBank National Association, as administrative agent.
The Credit Amendment provides for a term loan facility in the original aggregate principal amount of $350,000,000 that matures on...
Read Story
September 17, 2018, 07:00 AM
|
Gladstone Investment Corporation announced the amendment and extension of its credit facility led by KeyBank National Association, which includes an increase in facility size, extension of the maturity date, and reduction in pricing.Effective, August...
Read Story
August 24, 2018, 07:00 AM
|
Griffin Capital Company, LLC announced on behalf of Griffin Capital Essential Asset REIT II, Inc., the expansion of the REIT’s credit facility from $550 million to $750 million, expanding the availability of flexible and cost-effective capital to...
Read Story
July 13, 2018, 07:23 AM
|
KeyBank announced the acquisition of a digital lending platform for small businesses created by Bolstr. The fintech software, expected to be implemented in 2018, will enable KeyBank to provide faster and easier access both to SBA loans and to...
Read Story
June 21, 2018, 07:08 AM
|
Diversified Gas & Oil PLC, a U.S.-based acquirer and operator of oil and gas producing assets, has entered into a $500 million, five-year, senior secured revolving credit facility with a syndicate of seven U.S. banks, led by KeyBank N.A. KeyBanc...
Read Story
March 19, 2018, 07:00 AM
|
Diversified Gas & Oil PLC, a U.S.-based acquirer and operator of oil and gas producing assets, announced the commitment of a new $500 million, five-year senior secured revolving credit facility led by KeyBank. The Facility will be subject to an...
Read Story
February 21, 2018, 07:21 AM
|
STORE Capital Corporation, an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, announced that it has expanded its unsecured revolving credit facility from $500 million to $600...
Read Story
February 13, 2018, 07:07 AM
|
The Parking REIT, Inc. announced that it entered into a new $50 million senior secured revolving credit facility with KeyBank N.A. The credit facility is comprised of a borrowing base revolving credit facility with a maturity date of January 3, 2021...
Read Story
January 08, 2018, 07:25 AM
|
Opus Bank announced that John Norawong has joined Opus as Senior Managing Director – Commercial Banking - Pacific Northwest Region. Mr. Norawong, a 24-year banking veteran, is responsible for expanding Opus’ commercial and corporate client base, as...
Read Story
October 31, 2017, 08:00 AM
|
Griffin Capital Company, LLC announced the operating partnership of Griffin Capital Essential Asset REIT, Inc. entered into a loan agreement with Bank of America, N.A., UBS AG and KeyBank National Association for an aggregate loan amount of...
Read Story
October 10, 2017, 07:29 AM
|
Plymouth Industrial REIT, Inc. announced it has closed on a $35 million senior secured revolving credit facility with KeyBank N.A. The credit facility has an accordion feature that allows the total borrowing capacity under the credit facility to be...
Read Story
August 14, 2017, 07:44 AM
|
Baceline Investments, LLC, a private real estate investment and management company with neighborhood shopping center holdings throughout the Central United States, has announced the completion of a recapitalization effort for select, stabilized...
Read Story
June 23, 2017, 07:45 AM
|
Ultralife Corporation has closed on a three-year $30 million senior secured revolving credit facility with a $20 million accordion feature with KeyBank National Association. This facility replaces the Company's $20 million asset-based revolving...
Read Story
June 01, 2017, 07:25 AM
|
General Finance Corporation, a specialty rental services company offering portable storage, modular space and liquid containment solutions in North America and in the Asia-Pacific region of Australia and New Zealand, announced the amendment and...
Read Story
March 29, 2017, 07:15 AM
|
KeyBank has re-established its Boston commercial banking office and announced its full market team, which includes Boston market leader Jed Hall, Ethan Powell, senior vice president, commercial banking; and Matthew Quinn, vice president, commercial...
Read Story
March 03, 2017, 08:01 AM
|
KeyBank announced that Jamie Warder has been named Head of Business Banking. Most recently serving as President of USAA Bank, Warder joins KeyBank to continue its growth and focus on business clients with up to $10 million in revenue. As part of the...
Read Story
February 09, 2017, 08:00 AM
|
Condor Hospitality Trust, Inc., a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, announced that it has executed a commitment letter with two lenders for a $90 million senior secured credit...
Read Story
February 09, 2017, 07:00 AM
|
Erickson Incorporated, a leading global provider of aviation services, announced today that it and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy...
Read Story
November 10, 2016, 07:48 AM
|
Kona Grill, Inc. an American grill and sushi bar, has entered into a five-year amended credit agreement with KeyBank National Association and Zions First National Bank providing for revolving and term credit facilities totaling $60 million. The...
Read Story
October 13, 2016, 07:31 AM
|
The Mohegan Tribal Gaming Authority, or the Authority, the owner of Mohegan Sun in Uncasville, Connecticut, and Mohegan Sun Pocono in Wilkes-Barre, Pennsylvania, announced that it has engaged Citizens Bank, N.A., Merrill Lynch, Pierce, Fenner & Smith...
Read Story
September 20, 2016, 07:23 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
|
DigitalOcean, the simplest cloud computing platform built for developers, has secured a $130 million credit facility to continue its mission of building a next generation cloud for scaling startups and software defined businesses.
KeyBanc Capital...
Read Story
April 15, 2016, 08:07 AM
|
Drybar Holdings LLC, a leading blow dry-only concept, announced the placement of $40.9 million in credit facilities to fund continued growth and working capital for its salon and products businesses, as well as to retire existing debt.As...
Read Story
March 29, 2016, 07:24 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
|
Four Springs Capital Trust announced it has closed on a new revolving credit facility with a total commitment of $75 million with an additional $75 million accordion expansion feature which will increase the facility size to $150 million. The initial...
Read Story
February 02, 2016, 07:24 AM
|
TriplePoint Venture Growth BDC Corp., a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in the technology, life sciences and other high growth industries, has renewed its existing $200...
Read Story
January 29, 2016, 07:30 AM
|
Federal Signal Corporation, a leader in environmental and safety solutions, announced the completion of a new five-year $325 million revolving credit facility, to replace its existing $225 million credit facility. The arrangement also provides the...
Read Story
January 28, 2016, 08:08 AM
|
DHI Group, Inc.,formerly known as Dice Holdings, Inc., has entered into a five-year $250 million senior secured revolving credit facility scheduled to mature in November 2020. The new facility replaces the company's previous facilities, which...
Read Story
December 01, 2015, 07:21 AM
|
S&W Seed Company has signed and closed a $20 million asset-based credit facility with KeyBank National Association. The new credit facility is being utilized to refinance the company's existing Export-Import Bank-backed senior debt and provides...
Read Story
September 24, 2015, 07:39 AM
|
GTT Communications, Inc., a leading global cloud networking provider to multinational clients, announced a definitive agreement to acquire One Source Networks (OSN), a provider of global data, Internet, Session Initiation Protocol (SIP) trunking and...
Read Story
September 15, 2015, 07:36 AM
|
Horizon Technology Finance Corporation announced that its wholly owned subsidiary, Horizon Credit II LLC, has amended its syndicated revolving credit facility led by KeyBank National Association.The amendment increases the size of the credit facility...
Read Story
August 13, 2015, 07:56 AM
|
Physicians Realty Trust, a self-managed healthcare real estate company, has amended and upsized its unsecured revolving credit facility from $400 million to $750 million. The amended credit facility also provides an accordion feature allowing for an...
Read Story
July 24, 2015, 07:09 AM
|
KeyBank Business Capital continues to expand its Midwest asset based lending (ABL) team with the addition of Senior Vice President Ben Pugliesi. Pugliesi will work with businesses located in Michigan, northern Indiana and northwest Ohio from his base...
Read Story
May 07, 2015, 08:00 AM
|
Installed Building Products, Inc., an industry-leading installer of insulation and other complementary building products, has entered into a new five year, $200 million senior secured credit facility with an accordion feature allowing the company to...
Read Story
April 30, 2015, 08:07 AM
|
sPower, a prominent renewable energy provider, and CohnReznick Capital Markets Securities (CRCMS), a leading boutique investment banking services firm, announced today the placement of $168.5 million in back leverage to sPower provided by KeyBank...
Read Story
April 23, 2015, 07:28 AM
|
Compass Datacenters and KeyBank, as syndication agent, have secured a $25 million credit commitment from CIT Group Inc. Financing was provided by CIT Bank, the U.S. commercial bank subsidiary of CIT. CIT joins Compass' other financial partners that...
Read Story
March 12, 2015, 07:44 AM
|
NXT Capital, announced that its Equipment Finance Group has increased its revolving credit facility from $150 million to $325 million. This credit facility increase provides additional financing to support the growth of NXT’s equipment loan and lease...
Read Story
February 11, 2015, 07:27 AM
|
Monogram Residential Trust, an owner, operator and developer of luxury apartment communities in select markets across the United States, announced it has entered into a new $200 million revolving credit facility through Monogram Residential OP LP...
Read Story
January 20, 2015, 07:43 AM
|
Patrick Industries, Inc. has completed the acquisition of the business and certain assets of Bremen, Indiana-based Charleston Corporation ("Charleston"). Charleston is a manufacturer of fiberglass and plastic components primarily used in the...
Read Story
November 11, 2014, 07:33 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
|
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...
Read Story
August 04, 2014, 07:46 AM
|
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...
Read Story
July 11, 2014, 07:21 AM
|
TeleTech Holdings, Inc., a leading global provider of technology-enabled customer experience solutions, today announced that it has entered into a $700 million, five-year, multi-currency revolving credit facility with an accordion feature that...
Read Story
June 07, 2013, 08:03 AM
|
Phillips Edison - ARC Shopping Center REIT Inc. (the "Company") announced that it has increased the borrowing capacity of its senior secured revolving credit facility, agented by KeyBank National Association ("KeyBank) from $40 million to $88 million...
Read Story
January 21, 2013, 07:54 AM
|
Wesco Aircraft Holdings, a provider of comprehensive supply chain management services to the global aerospace industry, announced it has completed a refinancing of its senior secured credit facilities.Wesco Aircraft engaged Merrill Lynch, Pierce...
Read Story
December 10, 2012, 08:10 AM
|