DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, established a new $725 million credit facility with which to finance its ongoing and future data center construction projects. The new...
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April 11, 2024, 07:50 AM
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Installed Building Products, an industry-leading installer of insulation and complementary building products, announced that the Company has successfully closed its previously announced new 7-year $500 million term loan. RBC Capital Markets, BofA...
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March 29, 2024, 08:00 AM
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Nassau Financial Group closed on a $150 million revolving credit facility and a $100 million term loan credit facility, arranged by RBC Capital Markets. This new agreement includes a refinancing and upsizing of an existing revolving credit facility...
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February 23, 2024, 07:55 AM
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Tecta America completed its $210 million incremental First Lien Term Loan through joint lead arrangers Wells Fargo and RBC Capital Markets. Proceeds will be used to repay Tecta's existing Second Lien Term Loan, to pre-fund acquisitions under letters...
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August 28, 2023, 07:36 AM
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Credibly, the data science-driven fintech lending platform that champions small and medium-sized businesses (SMBs), announced a management-led buyback of all the outstanding equity investment previously held by a prominent private equity firm. This...
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August 08, 2023, 07:07 AM
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Hannon Armstrong Sustainable Infrastructure Capital (HASI), a leading investor in climate solutions, amended its revolving credit facility effective immediately, increasing the committed line under the revolving credit facility by $240 million to...
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June 02, 2023, 08:00 AM
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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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Ryder System executed a new $1.4 billion five-year global revolving credit facility, which includes 11 global institutions, and will expire on December 14, 2026. The credit facility will be used for working capital and other general corporate...
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December 21, 2021, 07:44 AM
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NMI Holdings, the parent of National Mortgage Insurance Corporation (National MI), amended its senior secured revolving credit facility, expanding the lender group, increasing the revolving capacity to $250 million, and extending the maturity from...
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December 01, 2021, 07:35 AM
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Virtus Investment Partners, which operates a multi-boutique asset management business, completed the refinancing of its existing credit agreement with a new $275 million senior secured term loan and $175 million revolving credit facility. The...
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September 29, 2021, 07:25 AM
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Ritchie Bros. Auctioneers announced the closing of an amendment and extension of its credit agreement totaling US$1.045 billion with a syndicate of lenders comprising:
Multicurrency revolving facilities of up to US$750 Million
A...
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September 22, 2021, 07:52 AM
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Truist Securities announced that Michael Carter has joined the firm to lead the investment and corporate banking teams and will be located in Atlanta. Carter joins Truist from RBC Capital Markets where he was most recently global head, Technology...
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June 15, 2021, 07:50 AM
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WildBrain completed the refinancing of its senior secured term loan with a new seven-year, US$285 million senior secured term loan facility, maturing in March 2028. RBC Capital Markets acted as sole lead arranger and bookrunner on the refinancing....
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March 29, 2021, 08:09 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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Ashford Hospitality Trust secured a strategic financing commitment from funds managed by Oaktree Capital Management, L.P. to provide a $200 million senior secured term loan. In addition, the financing commitment can be upsized by $150 million to an...
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December 30, 2020, 08:29 AM
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Pretium and a group of its investors and funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Corporation announced a strategic partnership to acquire Front Yard Residential Corporation, a leading provider of...
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October 20, 2020, 08:10 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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DataBank, Ltd., a Digital Bridge portfolio company and provider of business solutions for data center, cloud, interconnectivity and managed services, announced it has completed a $410 million Term Loan B credit facility, providing DataBank with...
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November 22, 2017, 07:28 AM
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A syndicate of lenders has agreed to increase the size of Seven Generations Energy Ltd.'s senior secured credit facility by about 27%, from $1.1 billion to $1.4 billion. With this increase, 7G had available funding of about $1.9 billion as of March...
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June 12, 2017, 07:12 AM
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Talen Energy Supply, an indirect wholly owned subsidiary of Talen Energy Corporation, has successfully priced a $600 million term loan B facility. The net proceeds of the facility are expected to be used in connection with the consummation of the...
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October 20, 2016, 07:09 AM
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Global sports entertainment leader Topgolf® announced the closing of a five-year $175 million term loan and a five-year $100 million revolving line of credit. This deal signifies a $175 million increase to Topgolf's previous arrangement, allowing for...
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September 14, 2016, 07:51 AM
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Trade Finance Solutions Inc. announced that Karim Habib has joined the company as Managing Director, Business Development. Habib will be responsible for originating new business relationships with clients and industry professionals across Canada. He...
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May 03, 2016, 07:31 AM
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Antares Capital announced that it recently finalized the hiring of its Loan Syndication, Sales and Trading team led by industry veteran, Kevin Burke.The team, hired from GE Capital, includes managing directors Anthony Diaz, Mark Familo, Erica...
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January 27, 2016, 08:07 AM
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Cision, a global media intelligence company, has announced an agreement to acquire PR Newswire, a premier provider of multimedia communications, from UBM plc, in a transaction that will create a global leader of communications software and services....
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December 15, 2015, 07:11 AM
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RBC Capital Markets acted as administrative agent and left lead arranger on a $175 million asset-based lending revolving financing to support Kelso & Company’s August 20th Acquisition of US LBM Holdings, LLC. The ~$1 billion financing package...
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August 31, 2015, 07:53 AM
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Sirius XM Holdings Inc. announced that its subsidiary, Sirius XM Radio Inc., has entered into an amendment to its existing senior secured revolving credit facility with a syndicate of banks and other financial institutions to increase total...
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June 17, 2015, 07:53 AM
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Tricon Capital Group Inc., an asset manager and principal investor focused on the residential real estate industry in North America, announced it has increased its corporate revolving credit facility to $175 million from $105 million with RBC Capital...
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March 03, 2015, 07:26 AM
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Methanex Corporation has renewed its $400 million revolving credit facility with a syndicate of banks. The renewed facility expires in December 2019 and replaces the company's existing revolving facility, which would have expired in December 2016....
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December 12, 2014, 07:49 AM
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MSX International (MSXI), a leading global business process outsourcing company, completed the refinancing of its outstanding debt and raised $260 million of senior secured credit facilities in a syndicated financing led by RBC Capital Markets and...
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August 25, 2014, 07:58 AM
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New Gold Inc. entered into a $300 million revolving credit facility with a syndicate of banks led by The Bank of Nova Scotia and RBC Capital Markets (the "Facility"). The Facility has a term of four years and replaces the company's previous $150...
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August 15, 2014, 07:38 AM
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The KEYW Holding Corporation announced the closing of its previously announced offering of convertible senior notes due July 15, 2019 ("notes"). The company issued $130.0 million aggregate principal amount of notes.Concurrently with the issuance of...
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July 22, 2014, 07:39 AM
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Gray Television, Inc. has commenced a senior secured debt refinancing, expected to consist of a $500 million term loan and a $50 million revolving credit facility. The proceeds from this new senior secured credit facility will be used primarily to...
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May 29, 2014, 07:06 AM
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Seadrill Partners LLCt has upsized the proposed $1.7 billion term loan B announced on January 31 to $1.8 billion and priced the term loan at Libor plus 3%, the low end of the range. Concurrent with the term loan, the Company will obtain a $100...
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February 18, 2014, 07:19 AM
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Houlihan Lokey, the international investment bank, announced that Cory Daugard has joined the firm as a Managing Director and Head of the Oilfield Services practice within the Industrials Group. He is based in Dallas, reporting to Bill Peluchiwski...
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January 16, 2014, 07:23 AM
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Cologix has increased its credit facility to $165.0 million with amended terms to enable further growth initiatives. The transaction was substantially oversubscribed from the initial request. The facility also provides for an option to flex further...
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December 05, 2013, 07:14 AM
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Fifth Street Finance Corp. closed a public offering of 17,643,000 shares of its common stock, including 2,143,000 shares sold pursuant to the underwriters' option to purchase additional shares, at a public offering price of $10.31 per share for total...
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September 27, 2013, 07:26 AM
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THL Credit Advisors LLC, the external investment manager of publicly-listed business development company THL Credit, Inc., announced that THL Credit Senior Loan Fund (the "Fund"), a closed-end fund, has priced its initial public offering of 6.6...
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September 24, 2013, 07:08 AM
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Computer maker Dell Inc set indicative pricing on the new $5.5 billion loan backing the company's approximately $25 billion buyout by founder and CEO Michael Dell and private equity firm Silver Lake Partners, sources told Thomson Reuters LPC.The new...
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September 12, 2013, 08:02 AM
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Media General entered into a new credit agreement with a syndicate of lenders in connection with its pending merger with Young Broadcasting. The new credit facilities, which are contingent upon the closing, consist of a $60 million, five-year...
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August 06, 2013, 07:48 AM
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Hudson’s Bay Company and Saks Incorporated announced that they have entered into a definitive merger agreement whereby HBC will acquire Saks for U.S.$16.00 per share in an all-cash transaction valued at approximately U.S.$2.9 billion, including debt....
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July 29, 2013, 07:36 AM
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NRG Yield, a subsidiary of NRG Energy, Inc., has closed its previously announced initial public offering of 19.575 million shares of its Class A common stock at a price of $22.00 per share. In connection with the initial public offering, the...
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July 23, 2013, 07:17 AM
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Alliance Data Systems Corporation, a leading provider of loyalty and marketing solutions derived from transaction-rich data, announced that the company completed a new $2.285 billion credit facility.The new facility consists of a $1,142.5 million...
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July 16, 2013, 07:13 AM
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On Assignment, Inc., a leading global provider of diversified professional staffing solutions, announced today that it has closed on a new $500 million credit facility, which is a refinancing of the previous credit facility. The new $500 million...
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May 17, 2013, 07:44 AM
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Martin Midstream Partners entered into a new secured revolving credit facility with lender commitments of $600 million. The newly amended agreement upsizes the facility from $400 million and extends the tenor of the facility by over two years with a...
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April 02, 2013, 07:23 AM
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Main Street Capital Corporation has priced a public offering of $80.0 million in aggregate principal amount of 6.125% senior unsecured notes due 2023. The notes will mature on April 1, 2023, and may be redeemed in whole or in part at any time or from...
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March 27, 2013, 07:37 AM
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Latisys, a provider of Infrastructure as a Service (IaaS) solutions spanning data center colocation, managed hosting, cloud and hybrid infrastructure, today announced a new $200 million credit facility including a six-year, $180 million institutional...
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March 07, 2013, 07:33 AM
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KPS Capital Partners announced today that its portfolio company, Waupaca Foundry, completed a successful recapitalization. The proceeds of the recapitalization, funded by a $200 million upsizing of the Company's term loan, were used to fund a $200...
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February 08, 2013, 08:09 AM
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DDR Corp. announced that it has closed the refinancing of its two senior unsecured revolving credit facilities scheduled to mature in February 2016 and its senior secured term loan scheduled to mature in September 2014. The new $750 million unsecured...
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January 18, 2013, 08:30 AM
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Wesco Aircraft Holdings, a provider of comprehensive supply chain management services to the global aerospace industry, announced it has completed a refinancing of its senior secured credit facilities.Wesco Aircraft engaged Merrill Lynch, Pierce...
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December 10, 2012, 08:10 AM
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