Diversified Healthcare Trust amended the agreement governing its revolving credit facility and exercised its option to extend its maturity date to January 2024. The key terms of the amendment include:
DHC has extended the maturity date of its...
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February 24, 2022, 07:11 AM
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Integer Holdings, a leading medical device outsource manufacturer, announced that as a result of its financial strength and favorable debt markets, the company has successfully raised $1 billion in Senior Secured Credit Facilities to refinance its...
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September 03, 2021, 07:08 AM
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Harsco Corporation amended its existing senior secured credit agreement by completing a new term loan B facility (the “New Term Loan”) of $500.0 million and extending the maturity of the existing $700.0 million revolving credit facility thereunder...
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March 11, 2021, 07:10 AM
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Gannett announced that Gannett Holdings, LLC, a wholly owned subsidiary of the Company, has priced a $1.045 billion term loan (“Term Loan B”), which will be used to refinance the 11.5% term loan entered into for the acquisition of Gannett Media Corp....
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February 01, 2021, 08:21 AM
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Rite Aid Corporation announced that it has entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility...
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December 21, 2018, 09:03 AM
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Meredith Corporation announced that it has entered into a binding agreement to acquire all outstanding shares of Time Inc. for $18.50 per share in an all-cash transaction valued at $2.8 billion. The transaction has been unanimously approved by the...
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November 27, 2017, 08:01 AM
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The Boeing Company entered into a $2.5 billion, 364-day revolving credit agreement with Citigroup Global Markets Inc. and JPMorgan Chase Bank, N.A. as joint lead arrangers and joint book managers, JPMorgan Chase Bank, N.A. as syndication agent and...
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November 06, 2017, 07:44 AM
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Global Eagle Entertainment Inc., a worldwide provider of end-to-end connectivity and media to the airline, maritime and remote mobility markets, announced that it has refinanced its existing credit facilities with a new $500 million senior-secured...
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January 09, 2017, 07:25 AM
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Chesapeake Energy Corporation announced it has engaged Goldman Sachs Bank USA, Citigroup Global Markets Inc. and MUFG to assist with the arrangement of a secured five-year term loan in an aggregate principal amount of $1.0 billion. Chesapeake intends...
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August 15, 2016, 07:33 AM
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On June 27, 2016, Best Buy Co., Inc. entered into a $1.25 billion five-year senior unsecured revolving credit facility agreement with JPMorgan Chase Bank, N.A as administrative agent, and a syndicate of banks. The five-year facility agreement will...
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July 01, 2016, 07:36 AM
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Revlon, Inc. and Elizabeth Arden, Inc. announced that they have signed a definitive agreement under which Revlon will acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an enterprise value for...
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June 17, 2016, 08:01 AM
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Patterson Medical, a leading distributor of rehabilitation, sports medicine and assistive patient products, has signed a definitive agreement to acquire Performance Health, a leading manufacturer and supplier of consumer branded health, wellness and...
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June 01, 2016, 07:18 AM
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Reich Brothers Holdings, LLC, a purchaser of turnkey manufacturing facilities, specialty finance lender, and demolition services provider, has named Kyle Sligar president of Reich Brothers Business Solutions, LLC and hired new capital asset...
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March 03, 2016, 07:59 AM
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Digital Realty Trust, Inc., a leading global provider of data center solutions, announced today that it has completed the refinancing of its global revolving credit facility and term loan. In conjunction with the refinancing, pricing was tightened...
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January 22, 2016, 07:28 AM
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Avon Products, Inc. announced that on Friday, June 5, the company and one of its domestic subsidiaries entered into a new $400 million five-year senior secured revolving credit facility. The new facility replaces the previous $1 billion unsecured...
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June 09, 2015, 07:44 AM
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The Ryland Group, Inc. entered into a $300 million unsecured revolving credit facility. The facility, which matures in 2018, has an accordion feature under which the aggregate commitment may be increased up to $450 million, subject to availability of...
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November 24, 2014, 07:23 AM
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Pebblebrook Hotel Trust has successfully amended and restated its senior unsecured revolving credit facility. The amended credit facility has been increased to $600 million and is composed of a $300 million unsecured revolving credit facility, an...
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October 20, 2014, 07:26 AM
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Level 3 Communications, Inc. announced that its wholly owned subsidiary, Level 3 Financing, has received commitments from lenders to increase the borrowings under its existing senior secured credit facility through the creation of a new $2 billion...
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October 14, 2014, 07:15 AM
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Olin Corporation announced has entered into new $415 million five-year senior credit facilities consisting of a revolving credit facility that replaces its $265 million senior revolving credit facility and a delayed-draw term loan facility that will...
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June 26, 2014, 07:14 AM
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Horizon Pharma, Inc. announced that it has entered into an agreement with a group of lenders to provide Horizon with $300 million in financing through a five year senior secured credit facility. Funding is expected to occur coincident with the...
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June 19, 2014, 07:33 AM
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Extended Stay America, Inc. announced that its subsidiary, ESH Hospitality, Inc., is seeking to raise a $375 million Senior Secured Term Loan (the "Term Loan") to refinance the existing outstanding $365 million of mezzanine debt and pay related...
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May 27, 2014, 07:32 AM
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Visteon Corporation entered into a credit agreement for a total commitment of $800 million, including a $600 million seven-year term loan B with a final maturity date of April 9, 2021, and a $200 million five-year revolving credit facility with a...
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April 10, 2014, 07:43 AM
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UTi Worldwide Inc. announced the successful closing of its senior secured asset-based revolving credit facility (the "ABL Facility") with Citigroup Global Markets Inc., Morgan Stanley Senior Funding, Inc. and Bank of the West. The ABL Facility...
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March 28, 2014, 07:49 AM
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Cengage Learning Inc. is requesting bankruptcy-court permission for $2 billion in loans that will finance the company's operations after it exits Chapter 11 bankruptcy.The textbook publisher said in documents filed in late December with the U.S....
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January 02, 2014, 07:19 AM
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Aviation Capital Group (ACG) closed a four-year senior unsecured revolving credit facility of $850 million. The facility increases ACG's committed revolving debt capacity to $1 billion and provides increased flexibility to support its operations and...
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October 21, 2013, 07:54 AM
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Snap-on Incorporated entered into a five-year, $700 million multi-currency revolving credit facility that terminates on September 27, 2018 (the “New Facility”). This New Facility amends and restates Snap-on’s $500 million multi-currency revolving...
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October 01, 2013, 07:17 AM
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CenterPoint Energy, Inc. amended the three revolving bank credit facilities of the parent and its wholly-owned subsidiaries, CenterPoint Energy Houston Electric, LLC (CEHE) and CenterPoint Energy Resources Corp. (CERC).The amendments extend the...
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September 11, 2013, 07:02 AM
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