One Liberty Properties, Inc. announced that it entered into an amended and restated revolving credit facility that increases the availability under the facility to $100 million and extends the facility's maturity to December 31, 2019. The bank group...
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November 10, 2016, 07:21 AM
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Vornado Realty Trust announced today that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, has extended one of its two $1.25 billion unsecured revolving credit facilities from June 2017 to...
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November 08, 2016, 07:06 AM
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HD Supply Holdings, Inc. announced that its indirect wholly-owned subsidiary, HD Supply, Inc., intends to amend its existing Senior Secured Term Loan Facility to (i) among other things, eliminate its LIBOR floor by means of a replacement tranche that...
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September 13, 2016, 06:43 AM
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Valeant Pharmaceuticals International, Inc. announced that it has obtained the requisite lender approval for an amendment to its credit facility. The company expects to close the amendment next week, subject to customary closing conditions. The...
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August 22, 2016, 07:28 AM
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On July 21, 2016, Copart, Inc. entered into a Second Amendment to Credit Agreement (the “Second Amendment to Credit Agreement”) by and among Copart, certain subsidiaries of Copart party thereto, the lenders party thereto, and Bank of America, N.A....
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July 28, 2016, 07:31 AM
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Sinclair Broadcast Group announced that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), has obtained an extension of the maturity date of certain loans and commitments under its existing bank credit facility until July 31, 2021....
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July 20, 2016, 07:20 AM
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Sinclair Broadcast Group, Inc. announced that its wholly-owned subsidiary, Sinclair Television Group, Inc., intends to amend certain terms and extend the maturity date of certain loans and commitments under its existing bank credit facility. Sinclair...
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July 01, 2016, 07:11 AM
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Credit Acceptance Corporation announced that it has extended the maturity of its $310.0 million revolving secured line of credit facility with a commercial bank syndicate from June 22, 2018 to June 22, 2019.There were no other material changes to the...
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June 16, 2016, 07:15 AM
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Cinemark Holdings announced that its wholly-owned subsidiary, Cinemark USA, Inc., has successfully completed the repricing of the term loan under its senior secured credit facility. The company’s credit agreement was amended to reduce the rate at...
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June 14, 2016, 07:14 AM
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Omeros Corporation announced that it has entered into an amendment to its existing credit facility with Oxford Finance LLC and East West Bank to provide the company with an additional $20 million in unrestricted cash by funding the remaining tranches...
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May 18, 2016, 07:59 AM
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McDermott International, Inc. announced that it has satisfied all conditions to the amendment to the Company’s Senior Secured Credit Agreement (“Amendment No. 3”) which in part extends the maturity date of the letter of credit facility under the...
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May 17, 2016, 07:36 AM
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Imperial Metals Corporation reports that it has extended the maturity date of the senior secured revolving credit facility from October 1, 2016 to March 15, 2018 and amended certain terms and conditions, including financial covenants. The amount of...
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May 13, 2016, 07:13 AM
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Corporate Capital Trust, a business development company that provides individuals the opportunity to invest in the debt of privately owned American companies, announced favorable changes to its senior secured credit facility, resulting in an...
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April 20, 2016, 07:19 AM
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McDermott International, Inc. announced that it has entered into an amendment to the Company’s Senior Secured Credit Agreement (the “Amendment”). The Amendment includes replacement of an existing minimum EBITDA requirement with a more standard...
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April 19, 2016, 07:42 AM
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IntriCon Corporation, a designer, developer, manufacturer and distributor of miniature and micro-miniature body-worn devices, announced that it has amended its credit facilities with The PrivateBank.Highlights of the amendment include:
Increasing...
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April 18, 2016, 08:00 AM
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Independence Contract Drilling, Inc. announced that it has amended its existing senior secured revolving credit facility and modified covenants to improve the company's financial flexibility. Material components of the credit facility amendment...
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April 15, 2016, 07:59 AM
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The Goodyear Tire & Rubber Company announced that it has refinanced its $2 billion asset-based revolving credit facility, including extending the maturity five years to 2021 and reducing the interest rate for loans under the facility by 25 basis...
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April 08, 2016, 07:58 AM
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Huntsman Corporation announced that its wholly owned subsidiary, Huntsman International LLC, entered into a new $550 million term loan B due 2023. Proceeds from the new term loan were used to repay in full its term loan B due 2017 and remaining term...
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April 05, 2016, 07:55 AM
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Ocwen Financial Corporation, a financial services holding company, has entered into an amendment to its Senior Secured Term Loan (SSTL), which will become effective on March 28, 2016.The key points of this amendment are:
Permanently removes the...
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March 25, 2016, 07:32 AM
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CBRE Group, Inc. announced that it has extended the maturity on its revolving credit facility to March 2021 and increased its borrowing capacity under this facility by $200 million, to $2.8 billion. At year-end 2015, the company had no outstanding...
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March 22, 2016, 07:56 AM
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WPX Energy has amended and restated its revolving credit facility. WPX received total commitments of $1.2 billion on a senior secured facility, with an initial borrowing base of $1.025 billion. The revolver matures on October 29, 2019.The amended...
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March 21, 2016, 07:32 AM
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Mast Therapeutics, Inc., a biopharmaceutical company developing novel, clinical-stage therapies for sickle cell disease and heart failure, announced that it has entered into an amendment to its existing $15 million debt facility with Hercules Capital...
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March 01, 2016, 07:41 AM
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Forum Energy Technologies, Inc. announced it has entered into an amended credit facility (the “Credit Facility”) with its bank syndicate. The $200 million Credit Facility reduces Forum’s on-going annual commitment fees on the undrawn facility by...
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February 29, 2016, 07:45 AM
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Churchill Downs Incorporated announced the closing of an amendment to its Fourth Amended and Restated Credit Agreement (the “Credit Agreement”). The credit agreement consists of a $500 million Senior Secured Revolving Credit Facility with a $225...
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February 19, 2016, 07:50 AM
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Carriage Services, Inc. announced the Company entered into the seventh amendment to the Credit Agreement (the "Seventh Amendment) which provides for a change in the revolving credit commitments to $150 million from $200 million and new funding under...
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February 10, 2016, 07:48 AM
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Sanchez Energy Corporation announced that it has amended the terms under its $1.5 billion first lien revolving credit facility, effective immediately. The amendment allows for the incurrence of second lien debt not to exceed $400 million plus any...
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January 25, 2016, 07:29 AM
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Aviation Capital Group (“ACG”) announced it has increased its senior unsecured revolving credit facility with DBS Bank Ltd. as administrative agent by $60 million to $220 million and extended the maturity to December 28, 2019. Together with its other...
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December 30, 2015, 07:31 AM
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Summer Infant, Inc., a leader in premium infant and juvenile products, announced that the company has amended its existing credit facility, which still consists of a $60 million revolving credit facility, a $5 million "first in last out" (FILO)...
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December 14, 2015, 08:01 AM
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Acerus Pharmaceuticals Corporation reported that it has entered into an agreement to amend its senior secured term credit facility with an affiliate of MidCap Financial, LLC.Pursuant to the terms and conditions of this amendment, the company will...
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December 14, 2015, 07:09 AM
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Vishay Intertechnology, Inc. has entered into an amended and restated $640 million credit facility. The senior secured facility matures on December 10, 2020. The company’s previous credit agreement was scheduled to mature on August 8, 2018....
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December 11, 2015, 07:32 AM
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Sunshine Heart, Inc. has amended its debt agreement with Silicon Valley Bank to modify the requirement that the company raise $20.0 million by March 31, 2016."It is a pleasure to continue to work with Silicon Valley Bank which is well established in...
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December 09, 2015, 07:13 AM
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Diamond Resorts International, Inc. announced today the completion of the Second Amendment and First Incremental Assumption Agreement (the “Second Amendment”) to the company’s existing credit agreement. The Second Amendment provides for a $150...
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December 07, 2015, 08:03 AM
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Trican Well Service Ltd. announced that it has completed the definitive agreements with its bank lenders under its revolving credit facility, and with the holders of its senior notes, to make certain amendments to the applicable credit...
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November 16, 2015, 07:12 AM
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Conn’s, Inc., a specialty retailer of furniture and mattresses, home appliances, consumer electronics and home office products, and provider of consumer credit announced today that it has amended and restated its asset-based revolving credit facility...
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November 03, 2015, 07:47 AM
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Mitel, a global leader in real-time business, cloud and mobile communications, announced that its syndicate of lenders has agreed to amend certain covenants contained in its senior secured credit facility. The amendment provides greater flexibility...
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September 30, 2015, 07:17 AM
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ePlus Technology amended its credit facility with GE Capital Commercial Distribution Finance (GECDF), which was originally entered into on July 23, 2012. The GECDF credit facility is comprised of a floor plan component and an accounts receivable...
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July 30, 2015, 07:56 AM
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TriMas Corporation – a diversified global manufacturer of engineered and applied products – announced the closing of an amendment to its existing credit facilities in conjunction with the recent spin-off of its Cequent businesses. The amended credit...
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July 02, 2015, 07:08 AM
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Trinity Industries, Inc. has renewed and extended its unsecured corporate revolving credit facility through May 2020. The facility was previously scheduled to mature in October 2016. The size of the facility was also increased from $425 million to...
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May 22, 2015, 07:46 AM
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Lightstream Resources Ltd. announces the renegotiated terms agreed to with lenders in its secured revolving credit facility.Further to its first quarter results press release of May 5, 2015, Lightstream has concluded negotiations and received signed...
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May 22, 2015, 07:22 AM
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Huron Consulting Group, a leading provider of business consulting services, announced it has amended and restated its senior secured credit facility.Among other items, the amended and restated credit facility:
Eliminates the term loan and...
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April 03, 2015, 07:50 AM
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Hornbeck Offshore Services, Inc. announced that on February 6, 2015, the company amended and restated its existing $300 million revolving credit facility to extend the maturity date and modify certain covenants to provide greater financial...
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February 12, 2015, 07:06 AM
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Sierra Income Corporation announced the closing of an amendment to a revolving credit facility through Alpine Funding LLC, the company’s wholly-owned special purpose financing subsidiary. The closing of the amended facility results in an increase of...
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February 09, 2015, 07:32 AM
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BIND Therapeutics, a clinical-stage nanomedicine platform company developing targeted and programmable therapeutics called Accurins, announced that it has entered into an amendment of its existing credit facility from Hercules Technology III, L.P....
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January 27, 2015, 07:06 AM
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Resolute Energy Corporation announced that it has entered into definitive agreements with respect to a $150 million second lien secured term loan with Highbridge Principal Strategies and has also amended its senior revolving credit facility. The...
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January 05, 2015, 07:47 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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Chart Industries, Inc. has amended its senior secured credit facility. The amendment combines the company's prior term loan and revolving credit facility into a single revolving credit facility and increases it by $150 million, up to $450 million...
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October 30, 2014, 07:23 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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Fifth Street Finance Corp. announced additional commitments from one new and one existing lender to its syndicated credit facility led by ING Capital LLC. As a result, the committed facility size increased by $25 million to $705 million. The facility...
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October 01, 2014, 08:11 AM
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SECURE Energy Services Inc. announced it has entered into an amended and restated $700 million syndicated credit facility ("Syndicated Facility") with a syndicate of ten financial institutions and Canadian Chartered banks.The Syndicated Facility...
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September 30, 2014, 07:06 AM
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U.S. Concrete, Inc. announced the company and certain of its subsidiaries, as guarantors, entered into a second amendment (the "Second Amendment") to that certain First Amended and Restated Loan and Security Agreement (as amended, the "Loan...
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September 15, 2014, 07:47 AM
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Prospect Capital Corporation announced it has completed the extension of the revolving credit facility (the "Facility") for Prospect Capital Funding LLC ("PCF"), a consolidated subsidiary of Prospect, extending the term 5.5 years from today...
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September 02, 2014, 07:46 AM
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Transcat, Inc. has executed an amendment to its $20 million secured revolving credit agreement, increasing the funds available under the amended credit facility to $30 million. The amended credit facility matures on September 20, 2018. Borrowings...
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August 27, 2014, 07:55 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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BlueLinx Holdings Inc., a leading distributor of building products in North America, announced it entered into an amendment to its U.S. revolving credit agreement with a syndicate of banks led by Wells Fargo Bank, N.A. The amendment extends the $20...
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August 15, 2014, 07:08 AM
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RMG Networks Holding Corporation, or RMG Networks, a leading provider of technology-driven visual communications solutions, announced it has successfully completed a Third Amendment to its senior credit facility.The amended term loan facility...
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July 17, 2014, 07:09 AM
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Tembec (the "Company") announced that it has successfully amended its asset-based secured revolving credit facility with GE Capital and CIBC (the "Lenders). The amending agreement provides the Company with additional flexibility through a $15 million...
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June 27, 2014, 07:24 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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BlackRock Kelso Capital Corporation announced that it has entered into a five-year $405 million Amended and Restated Senior Secured Revolving Credit Facility (the “Revolving Credit Facility”), which amends and restates its revolving credit facility...
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March 28, 2014, 07:42 AM
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BlueLinx Holdings Inc., a leading distributor of building products in North America, today announced that it has entered into an amendment to its U.S. revolving credit agreement with a syndicate of banks led by Wells Fargo Bank, N.A. to improve...
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March 17, 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 $45.0 million to $757.5 million in the aggregate.
The Facility includes an accordion...
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March 03, 2014, 07:36 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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ePals Corporation announced its wholly-owned subsidiary ePals, Inc. has amended the terms of its existing revolving promissory note (the "Note") with ZG Ventures, LLC ("ZG") and an affiliate of ZG. Under the prior terms of the Note, ePals, Inc. was...
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January 02, 2014, 07:16 AM
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Arrow Electronics, Inc. announced that the company has amended its credit facility, extending its maturity to December 2018 and its capacity to $1.5 billion. The credit facility previously matured in August 2016 and totaled $1.2 billion. An SEC 8-K...
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December 19, 2013, 07:48 AM
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The Bon-Ton Stores, Inc.announced that it has entered into an amendment to the Company's existing $675 million asset-based revolving credit facility that was scheduled to mature in March 2016. Bank of America, N.A. continues to serve as Agent on the...
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December 13, 2013, 07:14 AM
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WideOpenWest Finance, LLC (“WOW!” or the “Company”), a leading, fully-integrated provider of residential and commercial high-speed data, video and telephony services to customers in the Midwestern and Southeastern United States, today announced that...
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December 02, 2013, 07:51 AM
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World Fuel Services Corporation, a leading global fuel logistics company, principally engaged in the marketing, sale and distribution of aviation, marine and land fuel products and related services, announced today that it has successfully expanded...
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October 11, 2013, 07:29 AM
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North American Energy Partners Inc. announced the signing of an amended and restated three year credit facility ("the facility") with its existing banking syndicate that is effective Oct. 9. Highlights of the facility include the Company extending...
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October 10, 2013, 07:16 AM
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Prospect Capital Corporation announced that it has increased total commitments to its five-year $650 million revolving credit facility by $20.0 million to $587.5 million in the aggregate.The facility includes an accordion feature that allows Prospect...
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October 04, 2013, 07:48 AM
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Boart Longyear announced that it has revised its previously announced agreement to amend the terms of its existing revolving credit facility. The revised amendments to the revolving credit facility, when effective, will, among other things, reduce...
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September 23, 2013, 07:11 AM
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Navigant announced today the signing of an amendment to its credit agreement extending the maturity date of its $400 million revolving credit facility by more than two years, through September 19, 2018. “The extended credit facility provides Navigant...
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September 20, 2013, 07:08 AM
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American Water Works Company, Inc., the largest publicly traded U.S. water and wastewater utility company, announced today that its financing subsidiary, American Water Capital Corp., and its lenders have agreed to increase the commitments under its...
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September 10, 2013, 07:08 AM
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Fifth Street Finance announced an amendment of its credit facility with Wells Fargo Bank, N.A. The amended facility includes a 25 basis point reduction in pricing to LIBOR plus 2.50% per annum, with no LIBOR floor, and greater flexibility on terms...
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June 25, 2013, 07:36 AM
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Chrysler Group LLC announced that it has taken advantage of market conditions and its improved credit profile to reduce the interest rate for its $2.9 billion term loan and its undrawn $1.3 billion revolving credit facility. In addition, certain loan...
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June 24, 2013, 08:02 AM
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Aeroflex Holding Corp. announced that its wholly-owned subsidiary, Aeroflex Incorporated, obtained an amendment of its senior secured credit agreement.Among other things, the amendment: increased the outstanding term loan by approximately $6 million...
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May 30, 2013, 07:33 AM
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Ryman Hospitality Properties has successfully refinanced its $925 million credit facility that was scheduled to mature in August 2015. The increased and extended $1 billion credit facility will mature in April 2017 and is comprised of a $700 million...
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April 19, 2013, 07:32 AM
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The North American (NYC) office of DS-Concept Factoring, an import/export trade credit firm based in Germany and established thirteen years ago, has announced several recently closed transactions.
A New York distributor who imports swing sets...
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March 15, 2013, 08:09 AM
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PolyMedix, a biotechnology company focused on developing innovative therapeutic drugs intended to treat patients with serious acute-care conditions, announced that it has engaged Canaccord Genuity Inc. as its financial advisor to review and assist...
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January 24, 2013, 07:17 AM
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Fifth Street Finance announced the successful amendment of the terms of its syndicated bank credit facility led by ING Capital.
The amended facility includes an increase in size to $380 million from $230 million and an increase in the accordion...
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December 03, 2012, 08:03 AM
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