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News Stories (66 Results) - Merrill Lynch

Sasol Limited announced that its wholly owned subsidiary Sasol Financing USA LLC has entered into new $1.8 billion US dollar-denominated senior unsecured credit facilities, comprised of a $1.65 billion term loan facility and a $150 million revolving... Read Story
June 07, 2019, 08:45 AM


Stonebriar Commercial Finance, an independent large-ticket commercial finance company, announced it has allocated all bonds, confirmed pricing and is set to close its fifth commercial equipment asset-backed securitization (ABS), SCFET 2019-1, a $650... Read Story
April 05, 2019, 09:00 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


Iron Mountain Incorporated, the storage and information management services company, announced that it has closed the amendment and restatement of its existing revolving credit facility of $1.75 billion and its existing $250 million term loan A  with... Read Story
August 23, 2017, 07:40 AM


Otkritie Capital announced Alina Sychova has joined the firm as Head of Debt and Equity Capital Markets. This is a new area for the company – its further development will make the Russian and international capital markets accessible for clients and... Read Story
August 16, 2017, 08:00 AM


Amazon.com, Inc. announced that it is acquiring Whole Foods Market in a deal valued at $13.7 billion that analysts say promises to shake up the grocery store industry. Amazon expects to finance the deal with debt financing, which could include senior... Read Story
June 19, 2017, 08:00 AM


Silgan Holdings Inc., a supplier of rigid packaging for consumer goods products, announced that it completed an amendment and restatement of its existing senior secured credit facility which extends the maturity dates for its senior secured credit... Read Story
March 27, 2017, 07:10 AM


As part of its ongoing plan and focus to significantly enhance its financial flexibility, TPC Group announced that it has successfully amended and extended its revolving asset-based (ABL) credit facility. Working closely with its lead banks, Bank of... Read Story
January 31, 2017, 08:00 AM


OSI Systems announced that it has entered into an amendment to its senior secured credit facility that increases the amount available from $450 million to $525 million. The amendment also lowers borrowing costs, extends the maturity from May 2019 to... Read Story
December 22, 2016, 08:10 AM


JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT, announced it amended its revolving line of credit increasing its borrowing capacity to $150 million. The amended credit facility has a one year term with a six... Read Story
September 27, 2016, 07:17 AM


Jack in the Box Inc. announced completion of an amendment to its existing senior credit facility. Under the terms of the amendment, the credit facility was increased to $1.6 billion, which consists of a $700 million term loan and $900 million... Read Story
September 23, 2016, 07:44 AM


The Mohegan Tribal Gaming Authority, or the Authority, the owner of Mohegan Sun in Uncasville, Connecticut, and Mohegan Sun Pocono in Wilkes-Barre, Pennsylvania, announced that it has engaged Citizens Bank, N.A., Merrill Lynch, Pierce, Fenner & Smith... Read Story
September 20, 2016, 07:23 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced Stephen Altneu has joined the organization as Managing Director of its asset-based lending business. In his new role, Altneu will be responsible for overseeing... Read Story
August 18, 2016, 07:46 AM


Extended Stay America, Inc. announced its subsidiary, ESH Hospitality, Inc. (“ESH REIT”), is seeking to raise new senior secured credit facilities (the “ESH REIT Credit Facilities”), including a new $350 million revolving credit facility to replace... Read Story
August 08, 2016, 08:11 AM


Quanex Building Products Corporation announced that it has entered into new senior secured credit facilities (the "New Senior Credit Facilities") due 2021 totaling $450 million, comprised of a $300 million revolving credit facility and a $150 million... Read Story
August 01, 2016, 08:25 AM


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... Read Story
July 01, 2016, 07:36 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


Essent Group Ltd. entered into a three-year, $200 million revolving credit facility. Borrowings under the facility may be used for working capital and general corporate purposes, including, without limitation, capital contributions to Essent’s... Read Story
April 21, 2016, 07:27 AM


Atlantic Power Corporation announced that APLP Holdings Limited Partnership, a wholly-owned subsidiary of thecompany, has entered into new senior secured credit facilities, comprising $700 million in aggregate principal amount of senior secured term... Read Story
April 14, 2016, 07:17 AM


Ball Corporation announced it has completed the closing of its new revolving and term loan senior secured credit facilities that refinance Ball's revolver and the remainder of the bridge term loan facilities entered into on Feb. 19, 2015. An 8-K... Read Story
March 21, 2016, 07:51 AM


Summit Financial announced the firm has hired Andrew Wilhelmy as Vice President, Business Development. Wilhlelmy will represent Summit in the Colorado, New Mexico, Arizona, and Wyoming markets. Wilhelmy comes to Summit from his role as principal at... Read Story
March 11, 2016, 07:42 AM


Mattress Firm Holding Corp., the nation's largest specialty mattress retailer, today announced the completion of its acquisition of all of the outstanding equity interests in HMK Mattress Holdings LLC, the holding company of Sleepy's and related... Read Story
February 08, 2016, 08:00 AM


Charter Communications announced that its subsidiary, CCO Safari III, LLC, entered into a $1.0 billion Term Loan H senior secured credit facility and a $2.8 billion Term Loan I senior secured credit facility, each pursuant to the terms of the Charter... Read Story
August 25, 2015, 07:06 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


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... Read Story
June 17, 2015, 07:53 AM


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... Read Story
June 09, 2015, 07:44 AM


G&K Services, Inc. announced the successful refinancing of its unsecured revolving credit facility. The new five-year, $350 million revolving credit facility replaces the company’s existing $250 million revolving credit facility, which was scheduled... Read Story
April 16, 2015, 07:58 AM


Ares Capital Corporation amended and extended its senior secured revolving credit facility with 20 banks, including 19 existing lenders and one new lender. Lenders include SunTrust Bank, Bank of America and Merrill Lynch. JPMorgan Chase agented the... Read Story
March 31, 2015, 08:02 AM


Parker Drilling Company announced the closing of a senior secured $200 million revolving credit facility, maturing in 2020.  The facility was arranged by Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, who acted as... Read Story
January 29, 2015, 07:48 AM


Rite Aid Corporation announced the completion of an amendment and extension of its existing senior secured credit facility, including an increased borrowing capacity of up to $3.0 billion, or up to $3.7 billion when the company repays its 8.00%... Read Story
January 14, 2015, 07:53 AM


Capital One Bank announced the appointment of William Gates as head of Syndications for Capital One. Gates is responsible for expanding the Bank’s capabilities in loan syndications. He reports to Steven Tulip, head of Capital Markets.“Bill brings... Read Story
December 16, 2014, 07:41 AM


Mattress Firm Holding Corp. (the Company) announced the completion of its acquisition of all of the outstanding equity interests in The Sleep Train, Inc. for an aggregate purchase price of $425 million, subject to working capital and other customary... Read Story
October 21, 2014, 07:53 AM


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... Read Story
October 14, 2014, 07:15 AM


Stage Stores, Inc. entered into an amended and restated $350 million senior secured revolving credit facility (the “Credit Facility”) that will mature on October 06, 2019. The Credit Facility replaces the Company’s former $250 million senior secured... Read Story
October 07, 2014, 07:53 AM


American Midstream Partners, LP announced today the execution of an amended and restated credit facility to increase the borrowing capacity to $500 million, with the option to further increase the borrowing capacity to $700 million, and to extend the... Read Story
September 09, 2014, 07:03 AM


NewStar Business Credit, a division of NewStar Financial, Inc. announced today that it has hired W. Calvin Navatto as a Senior Vice President in its New York City office.  Navatto will be responsible for helping to expand NewStar Business Credit’s... Read Story
August 05, 2014, 08:04 AM


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... Read Story
June 26, 2014, 07:14 AM


Willis Lease Finance Corporation announced that it has increased its revolving credit facility to $700 million from $450 million. The credit facility has been extended for five years through June 2019 and is available to Willis Lease on a revolving... Read Story
June 05, 2014, 07:28 AM


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... Read Story
May 29, 2014, 07:06 AM


Corporate Capital Trust, a business development company that provides individuals the opportunity to invest in the debt of privately owned American companies, closed a new five-year senior secured term loan for $400 million. JPMorgan Chase Bank, N.A.... Read Story
May 23, 2014, 07:17 AM


On May 14, 2014, J. C. Penney Corporation, Inc., a wholly-owned subsidiary of J. C. Penney Company, Inc. entered into a commitment letter, with Wells Fargo Securities, LLC, Wells Fargo Bank, National Association, Bank of America, N.A., Merrill Lynch... Read Story
May 20, 2014, 07:36 AM


Pier 1 Imports, Inc. announced that its wholly owned subsidiary, Pier 1 Imports (U.S.), Inc., has completed the amendment of its $350 million senior secured revolving credit facility and successfully syndicated and closed the previously announced... Read Story
May 01, 2014, 07:24 AM


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... Read Story
April 10, 2014, 07:43 AM


The WhiteWave Foods Company, a leading consumer packaged food and beverage company in North America and Europe, today announced that on January 2, 2014 it completed its previously announced acquisition of Earthbound Farm, one of the country’s leading... Read Story
January 06, 2014, 07:38 AM


On December 20, 2013, Riverbed Technology, Inc. entered into a credit agreement and related security and other agreements for a $600 million credit facility providing for a $300 million senior secured term loan facility and a $300 million senior... Read Story
December 27, 2013, 08:02 AM


Fidelity National Financial, Inc., a leading provider of title insurance, mortgage services and diversified services, announced the completion of the amendment of its existing $800 million senior unsecured revolving credit facility (“credit... Read Story
October 28, 2013, 07:39 AM


Acxiom, an enterprise data, analytics and software-as-a-service (SaaS) company, announced a $600 million refinancing. The $600 million refinancing consists of a $300 million term loan and a $300 million undrawn revolving credit facility. In addition... Read Story
October 14, 2013, 07:21 AM


Apollo Investment Corporation or the "Company," announced an amended and restated credit facility ("the Facility"). The amended facility extends the final maturity by over two years to September 2018 and includes a one year amortization period... Read Story
September 17, 2013, 06:50 AM


Patriot Coal Corporation announced that its debtor-in-possession financing has been extended to December 31, 2013. In a previous release from Jul. 2012, the company announced that the Bankruptcy Court for the Southern District of New York granted... Read Story
September 12, 2013, 07:12 AM


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... Read Story
September 11, 2013, 07:02 AM


Crown Castle International Corp. ("Crown Castle") announced that its direct wholly owned subsidiary, Crown Castle Operating Company ("CCOC"), borrowed $800.0 million of incremental tranche B term loans ("Incremental Loans") under CCOC's existing... Read Story
August 23, 2013, 07:37 AM


Milestone Aviation Group closed on a five-year, $600 million revolving credit line that includes an unfunded revolving accordion feature to expand the borrowing capacity up to $750 million. This revolver represents the largest-ever debt facility for... Read Story
August 08, 2013, 07:16 AM


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... Read Story
July 16, 2013, 07:13 AM


Willbros Group announced that it will pursue a refinancing of its outstanding term loan and revolving credit facilities. The company expects the refinancing to enable it to borrow new funds at a lower interest rate, to extend the maturity of its debt... Read Story
July 08, 2013, 08:02 AM


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... Read Story
May 17, 2013, 07:44 AM


CoBiz Financial has promoted T.J. Kern to manage CoBiz Structured Finance. The department provides asset-based and private equity-sponsored loans to middle market businesses within the company's footprint. Kern has almost three decades of experience... Read Story
May 02, 2013, 08:03 AM


The Wendy's Company announced that its indirect wholly owned subsidiary, Wendy's International, Inc., has entered into an agreement to refinance its existing credit facility. Subject to certain closing conditions, the company expects the transaction... Read Story
April 18, 2013, 07:53 AM


Western Refining announced the successful completion of an amendment and restatement of its revolving credit agreement. The amended agreement, which is comprised of a syndicate of banks with commitments of $900.0 million, matures in April 2018.... Read Story
April 12, 2013, 08:12 AM


Kraton Performance Polymers, a leading global producer of styrenic block copolymers, announced it has closed an aggregate $250 million of revolving credit facilities. The facilities are comprised of a $150 million five-year, secured U.S. revolving... Read Story
March 29, 2013, 07:40 AM


Diodes Incorporatedsecured a five-year $300 million revolving senior credit facility. Bank of America acted as administrative agent and Merrill Lynch, Pierce, Fenner & Smith Inc. served as sole lead arranger and sole book runner. The credit facility... Read Story
January 09, 2013, 07:16 AM


Tempur-Pedic announced in a press release that the company entered into new senior secured credit facilities with Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC, J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and Fifth... Read Story
December 13, 2012, 08:00 AM


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... Read Story
December 10, 2012, 08:10 AM


Kaman Corporation closed on a new five-year $500 million credit facility replacing its prior $317.5 million credit facility. The facility was brought to market by joint bookrunners and joint-lead arrangers J.P. Morgan Securities; Merrill Lynch... Read Story
November 21, 2012, 07:02 AM


Jack in the Box Inc. announced the completion of a new five-year $600 million senior credit facility, comprised of a $400 million revolving credit facility and $200 million term loan. Proceeds from the refinancing will be used to retire the previous... Read Story
November 09, 2012, 08:29 AM


Penn National Gaming expanded its existing secured $2.15 billion of senior secured credit facilities by $1 billion. Under the original terms of the senior secured credit facilities entered into in July 2011, Penn National had the option to increase... Read Story
November 05, 2012, 08:04 AM


Confidence in economic growth declined sharply in the latest Bank of America Merrill Lynch CFO Outlook survey, with U.S. financial executives expressing concerns about several potential impacts on the nation’s economy. Only 36 percent of financial... Read Story
September 26, 2012, 07:00 AM