The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
BofA Merrill Lynch Leads $750MM Revolving Credit Facility for Graybar
Lenders/Participants
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Bank of America Merrill Lynch [Left Lead Arranger, Sole Bookrunner, Joint Lead Arranger] JPMorgan Chase Bank [Joint Lead Arranger] Wells Fargo Securities [Joint Lead Arranger] PNC Capital Markets [Joint Lead Arranger] U.S. Bank [Joint Lead Arranger] BMO Capital Markets [Joint Lead Arranger] Fifth Third Bank [Joint Lead Arranger] Regions Bank [Participant] Branch Banking & Trust Co. [Participant] Commerce Bank, N.A. [Participant] Comerica Bank [Participant]
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Structure
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Unsecured Revolving Credit Facility
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Amount
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$750.000
Million
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Borrower(s)
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Graybar
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Description
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An amendment and extension of its unsecured revolving credit facility. The amendment, among other things, extended the company's five-year revolving credit facility, increased the availability to $750 million and increased the accordion feature to $375 million. The new facility matures in August 2023 and will support Graybar's general working capital needs as well as its growth initiatives. Transaction details not disclosed.
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Industry
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Specialty Industries
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Related Tags |
Bank of America Merrill Lynch, BMO Capital Markets, Branch Banking and Trust Co., Commerce Bank, Fifth Third Bank, JPMorgan Chase Bank, PNC Capital Markets, Regions Bank, U.S. Bank, Wells Fargo Securities
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ABL Advisor
Deal Tables
2024
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