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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Bank of America Agents Verisk Analytics Revolver Increase to $975MM
Thursday, October 23, 2014
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Lenders/Participants
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Bank of America [Administrative Agent, Swing Line Lender, L/C Issuer]
Merrill Lynch [Joint Lead Arranger, Joint Book Manager]
J.P. Morgan Securities [Joint Lead Arranger, Joint Book Manager]
JPMorgan Chase Bank [Syndication Agent]
Morgan Stanley Bank [Co-Documentation Agent]
Wells Fargo Bank [Co-Documentation Agent]
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Structure
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$125MM Revolver Increase; Extension
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Amount
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$975.000
Million
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Borrower(s)
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Versk Analytics
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Description
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Company exercised an expansion feature under its revolving credit facility to increase the total facility to $975 million and extend the maturity until October 2018. Prior to this amendment, the facility totaled $850 million with a maturity date of October 2017. The maximum permitted debt to EBITDA covenant remains at 3.50x.
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Industry
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Technology
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| Related Tags |
Bank of America, J.P. Morgan Securities, JPMorgan Chase, Merrill Lynch, Morgan Stanley Bank, Wells Fargo Bank
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ABL Advisor
Deal Tables
2025
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