NN, a diversified industrial company, announced an amendment to its 5.5-year $150 million term loan with funds managed by Oaktree Capital Management. The amendment increases the maximum total leverage ratio covenants for all quarters of 2022 and 2023...
Read Story
|
Tetra Tech, a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, established a $1 billion sustainability-linked credit facility.The credit facility increases the Company’s borrowing...
Read Story
February 23, 2022, 07:18 AM
|
Pacific Mercantile Bank provided a $7.5 million revolving line of credit to Mason-West, LLC, the premier western regional distributor of engineered seismic restraint systems and vibration isolation products manufactured by Mason Industries of New...
Read Story
|
White Oak Commercial Finance announced its Government Contracting Finance arm provided a $10 million asset-based lending facility to a veteran-owned engineering firm contracting with the New York City Housing Authority. The facility was secured by...
Read Story
November 24, 2020, 08:00 AM
|
NXT Capital closed a senior credit facility to finance ShoreView Industries refinance of Monroe Engineering. NXT Capital acted as the Sole Lender and Administrative Agent on this transaction. Founded in 1957 and headquartered in Rochester Hills...
Read Story
October 22, 2020, 08:00 AM
|
Sallyport Commercial Finance customized a $1,950,000 Accounts Receivable facility for a business that provides a variety of engineering and laboratory solutions to customers ranging in size from small start-ups to Fortune 500 companies. With over 25...
Read Story
January 14, 2019, 07:00 AM
|
Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of StormTrap, LLC by private equity sponsor, Warren Equity Partners.
Founded in 2002 and based...
Read Story
January 11, 2019, 08:03 AM
|
MKS Instruments, Inc., a Massachusetts corporation, and its newly formed, wholly owned subsidiary, EAS Equipment, Inc., a Delaware corporation, entered into an Agreement and Plan of Merger with Electro Scientific Industries, Inc., a Delaware...
Read Story
November 19, 2018, 08:00 AM
|
The Timken Company entered into a Credit Agreement with KeyBank National Association, as administrative agent.
The Credit Amendment provides for a term loan facility in the original aggregate principal amount of $350,000,000 that matures on...
Read Story
September 17, 2018, 07:00 AM
|
Golub Capital announced that, as Administrative Agent, Sole Lead Arranger and Sole Bookrunner, it provided a GOLD facility to support the buyout of Inhance Technologies Holdings LLC by Aurora Capital Partners. GOLD financings are Golub Capital...
Read Story
|
Global engineering firm McDermott International, Inc. announced it has entered into a 5-year Amended and Restated Credit Agreement with $810 million of capacity for letters of credit and a $300 million revolving cash sublimit. Additionally, the...
Read Story
|
TRC Companies, Inc., a provider of engineering, environmental consulting and construction-management services, announced it has completed the previously announced merger with affiliates of New Mountain Partners IV, L.P., an investment fund managed by...
Read Story
|
Hitachi Business Finance, a division of Hitachi Capital America Corp., recently provided $4.5 million to three growing U.S. companies seeking working capital solutions. Of the new clients that received financing, the first offers energy saving...
Read Story
|
TRC Companies, Inc. a provider of engineering, environmental consulting and construction-management services to the power, environmental, infrastructure and oil and gas markets, announced it has closed on a $250 million revolving credit facility. The...
Read Story
February 01, 2017, 07:30 AM
|
Citizens Bank announced that it has provided $175 million in financing to Lowell-based TRC Companies, in part to be used for the previously announced $130 million acquisition of the Professional Services business segment of Tulsa, Okla.-based...
Read Story
December 08, 2015, 08:08 AM
|
BMO Harris Bank’s Asset Based Lending group, a leading provider of middle market asset-based finance solutions, announced it served as joint lead arranger and joint bookrunner for a $150 million senior revolving credit facility to CDI Corp. CDI Corp....
Read Story
December 04, 2015, 07:47 AM
|
Furmanite Corporation announced an expansion and extension of its subsidiaries’ syndicated credit facility with new administrative agent Wells Fargo Bank, N.A. Under the amendment, which was effective March 13, 2015, the revolving credit line...
Read Story
|
Capital One Bank, acting as administrative and collateral agent, together with Credit Suisse Corporate Credit Solutions, LLC, acting as lead arranger, announced that it successfully closed and funded a $56.5 million, five-year senior secured facility...
Read Story
February 17, 2015, 07:34 AM
|