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News Stories (27 Results) - PNC Capital Markets

NeoGenomics, Inc. (NEO), a provider of cancer-focused genetic testing services, announced that the company has entered into a new $250 million five-year Senior Secured Credit Agreement consisting of a $100 million Revolving Credit Facility, a $100... Read Story
July 01, 2019, 08:45 AM


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... Read Story
December 21, 2018, 09:03 AM


Global performance improvement solutions provider GP Strategies Corporation announced that it has entered into a new five-year $200 million credit facility with a syndicate of lenders led by PNC Capital Markets LLC and Wells Fargo Securities, LLC, as... Read Story
December 06, 2018, 07:17 AM


Triton International Limited, the world’s largest lessor of intermodal freight containers, announced its wholly owned subsidiary, Triton Container International Limited (TCIL), entered into a $1 billion term loan facility led by PNC Capital Markets... Read Story
December 05, 2018, 07:09 AM


Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, announced that it has completed the amendment and extension of its unsecured revolving... Read Story
August 15, 2018, 08:10 AM


Ramco-Gershenson Properties Trust announced that it has closed on its amended and restated $350 million unsecured revolving credit facility. The credit facility matures September 2021 and can be extended one year to 2022 through two six-month options... Read Story
September 15, 2017, 08:00 AM


Internap Corporation, a provider of high-performance Internet infrastructure including Colocation, Cloud, and Network Services, announced that it closed on $325 million in new credit facilities to complete its senior secured debt refinancing in an... Read Story
April 11, 2017, 07:47 AM


84 Lumber Company announced it has closed on a new $350 million Senior Secured Term Loan B (“TLB”) and refinanced its existing credit facility with a new $350 million Asset Based Revolving Credit Facility (“ABL Revolver”). The TLB and ABL Revolver... Read Story
October 31, 2016, 08:14 AM


PNC Bank, N.A., and its affiliate, PNC Equipment Finance, LLC, completed a $90 million multifaceted financing package for James Marine, Inc., a Kentucky-based provider of marine services serving the U.S. inland waterway industry. The financing pairs... Read Story
September 13, 2016, 07:30 AM


Capital One announced a significant expansion to its Financial Institutions Group with the appointment of four senior professionals. Managing Director Mahesh Rajagopalan and Directors Dan Tsacoumangos and Daniel Strong will report to Dave Kucera... Read Story
September 07, 2016, 07:19 AM


Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced the closing of a $350 million amended and restated senior unsecured credit facility (the “Facility”) to replace its... Read Story
August 02, 2016, 07:16 AM


PNC Bank announced the appointment of Joseph G. Meterchick as the new regional president for Philadelphia, Delaware and Southern New Jersey, effective July 8. Meterchick assumes the role from Paula Fryland who is retiring from PNC after a nearly... Read Story
July 07, 2016, 07:47 AM


Praesidian Capital, a leading provider of senior and subordinated debt for small and mid-sized companies, announced today that Bill Johnston was hired as an associate. Johnston joins Praesidian from PNC Capital Markets LLC where he worked in the Loan... Read Story
June 29, 2016, 07:05 AM


Wabtec Corporation has signed a new bank agreement that includes a $1.2 billion revolving credit facility and a $400 million term loan.  The revolving credit facility has a five-year term and replaces the company's previous revolver of $800 million... Read Story
June 24, 2016, 07:17 AM


Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, announced the expansion of its existing credit facility from $240 million to $400 million, to fund its... Read Story
June 20, 2016, 07:36 AM


Ampco-Pittsburgh Corporation announced the closing of a new five-year senior secured asset-based revolving credit facility of up to $100.0 million, with a $50.0 million accordion feature. For the credit facility, PNC Capital Markets LLC and F.N.B.... Read Story
May 24, 2016, 08:01 AM


PNC Bank, N.A., announced the closing of a $200 million asset-based revolving credit facility for Concordance Healthcare Solutions, a leading healthcare distributor based in Tiffin, OH. PNC Capital Markets LLC acted as joint lead arranger on the... Read Story
May 18, 2016, 07:55 AM


KPS Capital Partners announced its portfolio company American & Efird Global (A&E) has completed a successful recapitalization.  A&E raised approximately $275 million of financing, including a $65 million cash flow revolving credit facility and an... Read Story
July 20, 2015, 07:29 AM


Bob Evans Farms, Inc. announced it amended its existing $750 million credit facility. The amended terms of the credit facility allow, subject to stated requirements, the repurchase of up to $150 million of shares in fiscal year 2016, and increases... Read Story
May 18, 2015, 07:36 AM


Exide Technologies, a global leader in stored electrical-energy solutions, announced that its Plan of Reorganization became effective today and that the company has emerged from Chapter 11 as a newly reorganized company. As previously announced, the... Read Story
May 01, 2015, 07:56 AM


PNC Bank announced a syndication of $210 million in senior secured revolving credit for grocery retailer Haggen, Inc., a portfolio company of Comvest Partners. PNC Capital Markets LLC syndicated the transaction as sole lead arranger and bookrunner... Read Story
April 01, 2015, 07:51 AM


Abercrombie & Fitch Co. announced that it has initiated a process to refinance its existing credit facilities.  The existing credit facilities consist of a $350 million unsecured revolving credit facility maturing July 27, 2016 and a $150 million... Read Story
July 15, 2014, 07:23 AM


Quad/Graphics, Inc., announced today that it has completed its previously announced $1.9 billion debt financing that includes refinancing, extending and expanding its $1.6 billion senior secured credit facility consisting of a five-year $850 million... Read Story
April 29, 2014, 07:44 AM


M.D.C. Holdings, Inc. entered into a new five-year $450 million unsecured revolving credit facility.  The new facility permits an increase in the maximum commitment amount to as much as $1 billion, subject to receipt of additional commitments from... Read Story
December 17, 2013, 07:29 AM


PPL Corporation announced a new financing arrangement with 21 regional and local banks in eastern and central Pennsylvania to provide a $300 million revolving credit facility that will be used for general corporate purposes, including infrastructure... Read Story
November 13, 2013, 06:13 AM


Calgon Carbon Corporation announced the closing of a new $300 million syndicated credit facility. The facility refinanced existing debt and provides an additional $175 million of borrowing capacity. The new credit facility will be available for... Read Story
November 08, 2013, 07:43 AM


Johnson Outdoors Inc. announced a new streamlined structure of the company's debt. The new loan agreement replaces the company's current revolving credit facility and is expected to reduce annual borrowing costs.  Key highlights of the new debt... Read Story
September 20, 2013, 07:55 AM