iStar announced that it has received commitments from lenders to reprice its $497 million senior secured credit facility and increase the balance to $500 million. The term loan will now bear interest at an annual rate of LIBOR + 3.75% with a 1.00%...
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January 30, 2017, 07:00 AM
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Autoliv, Inc., the worldwide leader in automotive safety systems, has refinanced its existing $1.1 billion multi-currency revolving credit facility agreement with a group of 14 banks. The facility has a five-year maturity, with extension options for...
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July 15, 2016, 07:16 AM
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TriMas Corporation announced that it entered into an agreement to acquire Allfast Fastening Systems, Inc. (Allfast) for approximately $360 million. Upon closure of the transaction, Allfast will become part of the Company’s Aerospace segment, formerly...
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September 22, 2014, 08:03 AM
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Healthcare Finance Group, LLC (HFG) announced that John Lofaso has joined the company in the new position of chief financial officer. The CFO role at HFG has been established to handle the expansion of the financial and reporting requirements which...
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October 09, 2013, 07:46 AM
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Headline earnings numbers for the largest U.S. banks have been helped considerably by large releases of loan loss reserves in the second quarter. Fitch Ratings believes that over the near term, additional modest reserve releases for these banks are...
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July 22, 2013, 07:51 AM
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TRC Companies entered into a new $75 million five-year revolving credit facility with RBS Citizens, as lead bank, and JPMorgan Chase. The new facility will support general working capital needs as well as growth initiatives and replaces the Company's...
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April 23, 2013, 07:37 AM
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