Moody's Investors Service assigned an A2 rating to The Walt Disney Company's new $4 billion senior unsecured revolving credit facility (RCF) maturing in 2023 and $6 billion 364-day senior unsecured RCF, which will be used to refinance Disney's...
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March 14, 2018, 08:01 AM
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Peak Resorts, Inc., an owner and operator of high-quality, individually branded U.S. ski resorts, announced that it closed a new $10 million revolving line of credit and renewed its $15 million acquisition line of credit with Royal Banks of Missouri...
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November 03, 2017, 08:00 AM
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Senaat, one of the largest industrial investment holding companies in the UAE, announced its agreement with 11 financial institutions to receive a revolving credit facility of $400 million. The Facility, split between three-year and five-year...
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March 20, 2017, 07:13 AM
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Lannett Company, Inc. announced that it has amended and increased its five-year revolving credit facility to $120 million from $50 million. The amended facility includes an accordion feature that will allow the company to increase borrowings by a...
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April 27, 2015, 07:29 AM
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Sanderson Farms, Inc.announced that its existing revolving credit facility through a consortium of banks has been increased from $600 million to $750 million. The credit remains unsecured and certain covenants related to the Company’s financial...
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April 27, 2015, 07:08 AM
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Worthington Industries, Inc. has amended its five-year, revolving credit facility, increasing the commitments under the facility by $75.0 million, to a total of $500.0 million. The final maturity of the credit facility was also extended by three...
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April 24, 2015, 07:35 AM
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Consumer Portfolio Services, Inc. announced that on April 17, 2015 it entered into a new two-year revolving credit agreement with Fortress Credit Co LLC. The new agreement replaces a revolving credit agreement that CPS has used since December 2010...
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April 24, 2015, 07:09 AM
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Nordstrom, Inc. announced it has completed a new five-year $800 million senior unsecured revolving credit facility. The new facility replaces an $800 million senior unsecured revolving credit facility that was scheduled to mature in March 2018.The...
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April 02, 2015, 07:29 AM
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TerraForm Power, a global owner and operator of clean energy power plants, announced that its indirect subsidiary, TerraForm Power Operating, LLC, closed a $550 million secured revolving credit facility (the "Revolver"). Barclays acted as joint lead...
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February 03, 2015, 07:58 AM
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Targa Resources Corp. announced that, subject to market conditions, it intends to launch syndication of a $430 million senior secured term loan maturing seven years after closing. The company intends to use the net proceeds from the term loan...
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January 23, 2015, 07:26 AM
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StoneCastle Financial Corp., an investment company registered with the Securities and Exchange Commission, announced it has closed an additional $25 million revolving credit facility for a total of $70 million.The facility closed on January 16, 2015...
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January 21, 2015, 07:31 AM
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Prospect Capital Corporation announced it has increased total commitments to its recently renewed 5.5-year $1.5 billion revolving credit facility by $75 million to $885 million in the aggregate.The facility was extended to March 2020 and pricing was...
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January 20, 2015, 07:52 AM
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Alcentra Capital Corporation increased its revolving credit facility to $115 million. The revolver was increased by $35 million via an amendment. There is an accordion feature that allows the facility to increase to $160 million. ING Capital LLC is...
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December 23, 2014, 07:44 AM
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Kindred Healthcare, Inc. announced that it has entered into an incremental joinder to increase the available credit capacity from $750 million to $900 million under its senior secured asset-based revolving credit facility (the “ABL Facility”). The...
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December 15, 2014, 07:56 AM
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A trucking company located in Texas has chosen TAB Bank for a $350,000 revolving credit facility. The new facility paid off the company’s previous lender and will be used for their ongoing working capital needs. In addition to the credit facility...
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December 12, 2014, 07:26 AM
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Steel Dynamics, Inc. announced that it has amended, restated and expanded its senior secured revolving credit facility and entered into a new term loan facility. The company has expanded its senior secured revolving credit facility from the prior $1...
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November 17, 2014, 07:46 AM
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Fifth Street Asset Management announced the closing of a $176 million, five-year syndicated senior unsecured revolving credit facility, jointly led by Morgan Stanley Senior Funding, Inc. and Sumitomo Mitsui Banking Corporation. The credit facility...
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November 07, 2014, 07:36 AM
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Superior Industries International has signed a commitment letter with J.P. Morgan Securities LLC as lead arranger, JPMorgan Chase Bank, N.A. as administrative agent, and Wells Fargo Bank, National Association as syndication agent for a $100 million...
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November 04, 2014, 07:29 AM
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General Motors Co. announced the execution of an unsecured $12.5 billion revolving credit facility consisting of a $5 billion three-year facility and a $7.5 billion five-year facility. The facility amends and extends GM's existing $11 billion credit...
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October 17, 2014, 03:13 PM
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TAB Bank announced it has provided a $3.5 million asset-based revolving credit facility for a metal forging company located in Texas. The company forges and machines aluminum and steel into mission critical aircraft components for the aerospace...
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October 16, 2014, 07:33 AM
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FMC Corporation executed $3.5 billion of unsecured credit agreements with lenders to facilitate its agreement to acquire all the outstanding equity of Cheminova A/S."This financing commitment is an important step in our acquisition and integration of...
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October 15, 2014, 06:55 AM
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3D Systems entered into a $150 million five-year, unsecured revolving credit facility with its lenders. The credit agreement is comprised of a revolving loan facility that provides for advances in the initial aggregate principal amount of up to $150...
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October 14, 2014, 07:39 AM
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Latisys, a leading international provider of hybrid cloud hosting and data center solutions, announced the expansion of its credit facility with RBC Capital Markets and TD Securities (USA) and funded by a consortium of over 20 leading financial...
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October 14, 2014, 07:27 AM
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Seven Generations Energy Ltd. ("7G" or "the Company") and its lending syndicate have agreed to an amendment to 7G's senior secured revolving credit arrangement that has increased the borrowing capacity from $150 million to $480 million and extended...
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September 16, 2014, 07:12 AM
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TAB Bank announced it has provided a $2.8 million revolving credit facility for a transportation company located in the Midwest. The company is a full-service, asset-based logistics provider. The company provides service in all of the lower 48...
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September 11, 2014, 07:13 AM
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Business Capital announced that it recently structured and secured a $3 million credit facility comprised of a revolving credit facility and a term loan. The borrower, a central Pennsylvania general contractor and/or subcontractor in the modular...
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August 29, 2014, 07:37 AM
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PTA Holdings, Inc. announced it closed a senior secured revolving credit facility of up to $5 million with TCA Global Credit Master Fund, LP ("TCA"). The credit facility with TCA will provide operating capital and funds for acquisitions.Leonard...
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August 26, 2014, 07:26 AM
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Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE: KOP), today announced that it has completed the acquisition of the Wood Preservation and Railroad Services businesses (collectively, the "Acquired Businesses") of Osmose Holdings...
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August 18, 2014, 07:48 AM
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WhiteHorse Finance, Inc. announced that its wholly owned subsidiary, WhiteHorse Finance Warehouse, LLC, amended the terms of its secured revolving credit facility to lower borrowing costs and provide more flexibility.Specifically, the facility’s...
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August 15, 2014, 07:43 AM
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Travelport Limited announced today the launch of a debt refinancing transaction. Travelport, through its wholly-owned Luxembourg subsidiary, is seeking commitments from lenders (i) under a new senior secured credit facility for an aggregate principal...
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August 04, 2014, 07:32 AM
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Ferro Corporation announced it has made significant progress on its previously disclosed refinancing. The company has entered into new senior secured credit facilities ("Credit Facilities") in an aggregate amount of $500 million, consisting of a...
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August 01, 2014, 07:24 AM
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Speed Commerce, Inc. has completed the asset sale of its legacy distribution business segment to WYNIT Distribution, LLC, a leading national wholesale distributor of products from the top national brands in a number of industries.The divestiture...
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July 10, 2014, 07:13 AM
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Dundee Precious Metals Inc. has added $125 million of credit capacity to its existing long-term committed revolving credit facility (the "Revolving Facility"), increasing the total size of the Revolving Facility to $275 million. This increase was...
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June 27, 2014, 07:07 AM
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Compass Datacenters has completed a new round of capital raising to support the company's expansion into additional geographic markets and to fund new data center construction projects for customers. This new capital consists of $35 million in...
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May 29, 2014, 07:49 AM
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Reichhold, Inc. and Reichhold Industries Limited have replaced their North American senior secured revolving facility with a new $70 million Delayed Draw Term Loan Facility provided by funds managed by Oaktree Capital Management, L.P. Bank of America...
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May 21, 2014, 07:28 AM
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Bloomin' Brands, Inc. announced that its wholly-owned subsidiary, OSI Restaurant Partners, LLC, has completed the previously announced refinancing of its senior secured credit facilities. The new credit facilities provide for senior secured financing...
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May 19, 2014, 07:34 AM
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Golub Capital BDC, Inc. a business development company announced that its wholly-owned and consolidated subsidiary, Golub Capital BDC CLO 2014 LLC, has priced a twelve year $400 million term debt securitization.Click here to view the structure of the...
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May 15, 2014, 07:09 AM
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Prospect Capital Corporation announced that Prospect has increased total commitments to its five-year $1.0 billion revolving credit facility by $45.0 million to $837.5 million in the aggregate.The Facility includes an accordion feature that allows...
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May 14, 2014, 07:35 AM
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Bloomin' Brands, Inc. announced that its wholly-owned subsidiary, OSI Restaurant Partners, LLC, has initiated a process to refinance a portion of its existing senior secured credit facilities (the "Credit Facilities"). The existing Credit Facilities...
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April 17, 2014, 07:18 AM
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Interval Leisure Group, Inc. (NASDAQ: IILG) announced today that its subsidiary, Interval Acquisition Corp., has entered into an amendment and incremental revolving commitment agreement, increasing its existing $500 million revolving credit facility...
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April 09, 2014, 07:46 AM
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Prospect Capital Corporation announced that Prospect has increased total commitments to its five-year $1.0 billion revolving credit facility (the "Facility") by $35.0 million to $792.5 million in the aggregate.
The facility includes an accordion...
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April 01, 2014, 07:33 AM
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Amerisource announced that it closed and funded a $1 million revolving credit facility for a provider of containment, sorting, repair and inspection services to the automotive and consumer products industries. Proceeds of the facility were used for...
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March 28, 2014, 07:14 AM
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A fishing tackle manufacturing company located in the Southeast has chosen TAB Bank for a $750 thousand revolving credit facility. The company manufactures and distributes many types of lures including spinner baits, buzz baits, jig heads, balsa...
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March 27, 2014, 07:04 AM
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Orient-Express Hotels Ltd. announced the completion of a $657.0 million senior secured credit facility, consisting of a $552.0 million seven-year term loan (“Term Loan B”) and a $105.0 million five-year, multi-currency revolving credit facility. The...
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March 24, 2014, 07:51 AM
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Fortran Corporation announced that it has closed on a $4 million revolving line of credit. Under the terms of the agreement, TCA Global Credit Master Fund, L.P. committed to lend $4 million through one of the Fund's Senior Secured Revolving Notes...
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March 21, 2014, 07:31 AM
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Amerisource announced that it closed and funded a $2 million revolving credit facility for an oil and gas field services provider based in Texas. Proceeds of the facility were used to refinance the company’s existing bank line and to provide...
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March 21, 2014, 07:22 AM
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Matrix Service Company announced it has executed an amendment to its existing credit agreement to increase its existing senior secured revolving credit facility from $125.0 million to $200.0 million and extend the maturity date from November 7, 2016...
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March 20, 2014, 07:39 AM
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Ares Commercial Real Estate Corporation announced that, through a wholly owned subsidiary, it closed a $50 million secured revolving funding facility with City National Bank (the CNB Facility). The CNB Facility will be used to finance new investments...
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March 17, 2014, 07:32 AM
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Lucid Energy Group has finalized a $200 million revolving credit facility to support Lucid’s aggressive growth strategy in the Permian Basin. Together with private equity commitments from EnCap Flatrock Midstream and management, the credit facility...
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March 05, 2014, 07:39 AM
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Integrated Electrical Services, Inc. (or "IES") announced that it has amended its Credit and Security Agreement with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE:WFC), to reduce the interest rate margins of both the Term Loan and...
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February 25, 2014, 07:46 AM
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A. M. Castle & Co., a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced it has increased its asset-based revolving credit facility from $100 million to $125 million. The increased...
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January 23, 2014, 07:11 AM
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Ad Funding Solutions announced it has completed contract negotiations to supply Noca Instrument LLC with $12 million dollars in national advertising campaign funding.
Headquartered in Houston, Noca Instrument LLC is a division of Noca Instrument Ltd...
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December 31, 2013, 07:17 AM
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Wabtec Corporation has amended and increased its existing revolving credit facility to $800 million and extended the facility's maturity date by two years. The revised facility, which has a five-year term, provides the company with increased...
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December 23, 2013, 07:18 AM
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Zayo Group, LLC (“Zayo”), announces it has successfully completed the amendment of its credit agreement, including an add-on and re-pricing of its term loan and re-pricing of its revolving credit facility.The $1.6 billion term loan facility was...
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December 02, 2013, 07:38 AM
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DFC Global Corp., a leading international diversified financial services company serving primarily unbanked and under-banked consumers for over 30 years, announced a new five-year $180 million global revolving credit facility, with the potential to...
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October 28, 2013, 07:24 AM
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Hexcel Corporation announced the successful consummation of a new $600 million senior secured revolving credit facility that will mature in five years. The new facility replaces the company’s previous senior secured credit facility ($82.5 million...
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June 28, 2013, 07:08 AM
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Susser Holdings Corporation closed on a new $500 million revolving credit facility with a variable interest rate initially set at LIBOR plus 200 basis points.
Concurrently, the company has notified the trustee of its $425 million of 8.5% senior...
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April 10, 2013, 07:09 AM
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