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News Stories (54 Results) - U.S. Bank

U.S. Bank announced several executive leadership changes today, including a new external hire and promoting key talent to broader roles.“This has been an extraordinary year that has challenged us in unexpected ways and helped us refocus our efforts... Read Story
July 30, 2020, 08:40 AM


Rosehill Resources Inc. and Rosehill Operating Company, LLC announced that they have commenced voluntary Chapter 11 cases under the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, pursuant to the terms... Read Story
July 27, 2020, 07:50 AM


U.S. Bank announced key leadership changes designed to further enhance client focus and speed to market in its Corporate & Commercial Banking (CCB) business.“We’re simplifying our organization to speed decision making, enhance strategic focus and... Read Story
June 30, 2020, 08:45 AM


U.S. Bank has created a new, fully digital option for small businesses to apply for and receive a loan or line of credit. The digital process is part of a broader evolution of how the bank interacts with customers. Single-owner businesses within U.S... Read Story
September 25, 2018, 08:00 AM


U.S. Bank has named veteran banker Mahesh Kharkar as its Northern California market president. In this role, Kharkar will lead the market in company-wide efforts and activities and direct commercial banking in Northern California.  Kharkar has more... Read Story
August 29, 2018, 07:00 AM


U.S. Bank announced that industry veteran Jodi Richard will become its new vice chairman and chief risk officer, succeeding P.W. (Bill) Parker, who previously announced his intention to retire this fall. In her new role, Richard will oversee the... Read Story
August 16, 2018, 08:28 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


Quality Systems, Inc., known to its clients as NextGen Healthcare, announced that it entered into a $300 million amended and restated revolving credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, U.S. Bank National Association... Read Story
April 03, 2018, 07:27 AM


U.S. Bank announced that it has expanded its Commercial Banking office in Charlotte and named veteran banker, Jim Kaspar, senior vice president and relationship manager. Kaspar will join Johnny Perry, senior vice president and relationship manager... Read Story
September 14, 2017, 07:15 AM


U.S. Bank has opened a new commercial banking office in Dallas office as part an ongoing expansion in the Dallas-Fort Worth area, which has emerged as one of the nation's leading hubs for middle market business investment. U.S. Bank has built a... Read Story
August 17, 2017, 08:01 AM


Citizens Bank has hired Joseph C. Giampetroni as Regional Executive for the Midwest with responsibility for corporate banking in the greater Chicago area, Michigan and Ohio. Giampetroni joins Citizens with extensive banking experience in advising and... Read Story
July 18, 2017, 07:19 AM


U.S. Bank has named veteran banker Betsy Cadwallader as its Seattle market president, effective August 1. Cadwallader will lead the market in company-wide efforts and activities and will direct commercial banking in the greater Seattle area.... Read Story
July 13, 2017, 08:00 AM


U.S. Bank has named veteran banker Mark Herman as its Salt Lake City market president, effective June 4. Herman will lead the market in company-wide efforts and activities, and will direct commercial banking in the greater Salt Lake City area. Herman... Read Story
May 12, 2017, 07:27 AM


U.S. Bank announced that its Healthcare Division has acted as sole bookrunner in providing a $300 million revolving line of credit to Adventist Health System West. Adventist Health is a faith-based, not-for-profit health delivery system operating 20... Read Story
May 03, 2017, 07:11 AM


Taubman Centers, Inc. announced the amendment and restatement of its primary revolving line of credit, which included a new, unsecured $300 million term loan and an extension of the $1.1 billion revolving credit facility. “This financing provides us... Read Story
February 08, 2017, 07:09 AM


International Speedway Corporation has amended and extended its $300 million revolving credit facility provided by multiple lenders.  The amendment extends the final maturity of the facility from November 2017 to September 2021.  The Facility can... Read Story
September 29, 2016, 07:36 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


Aerojet Rocketdyne Holdings, Inc. announced a major refinancing that will provide it with greater financial flexibility to execute its long-term strategic agenda and substantially reduce the company’s interest expense. Bank of America Merrill Lynch... Read Story
June 21, 2016, 07:50 AM


CRH Medical Corporation, a North American medical company that provides physicians with innovative products and services for the treatment of gastrointestinal diseases, has entered into an agreement with The Bank of Nova Scotia (Scotiabank) for a U.S... Read Story
June 16, 2016, 07:38 AM


Nortek, Inc, a global diversified industrial company with leading brands and innovative air management and technology-driven solutions for residential and commercial applications, has successfully completed amendments to its asset-based revolving... Read Story
May 11, 2016, 08:01 AM


The New Home Company Inc. announced that it amended and restated its senior unsecured revolving credit facility. In connection with the amended and restated agreement, the company increased the total commitment from $200 million to $260 million and... Read Story
May 11, 2016, 07:27 AM


Fortune magazine named U.S. Bancorp the most admired superregional bank today, the sixth consecutive year that it has topped the list.“Integrity and ethics are fundamental to how we do business," said Richard Davis, chairman and chief executive... Read Story
February 22, 2016, 07:42 AM


SUPERVALU INC.announced it has completed the repricing, amendment and extension of its existing $1.0 billion asset-based revolving credit facility, which is secured by the company’s inventory, credit card and certain other receivables and certain... Read Story
February 05, 2016, 08:02 AM


U.S. Bank (NYSE:USB) announced that Leslie Godridge and Jim Kelligrew have been promoted to Vice Chairs and Co-Heads of its Wholesale Banking division, succeeding Richard “Dick” Payne who will retire in the spring. Godridge and Kelligrew report to... Read Story
January 07, 2016, 07:18 AM


United Wind, a leading provider of distributed wind energy solutions, has secured financing from U.S. Bank and New York Green Bank to expand its market leading WindLease program, which enables both residential and commercial property owners to lease... Read Story
October 09, 2015, 07:19 AM


H&R Block, Inc. announced its wholly owned subsidiary, Block Financial LLC, entered into a new five-year, $2.0 billion Credit and Guarantee Agreement. JPMorgan Chase Bank, N.A. acted as the administrative agent, and Bank of America, N.A., SunTrust... Read Story
September 22, 2015, 07:39 AM


Bluestem Group Inc. announced the completion of its acquisition of Orchard Brands Corporation, a leading national, multi-brand family of 13 catalog and eCommerce brands serving the boomer and senior demographics, for $410 million in cash, subject to... Read Story
July 14, 2015, 07:58 AM


TAB Bank announced the addition of Rodney D. Chavez  to its business development team as vice president and business development officer.  Chavez will be responsible for sourcing new business opportunities by providing asset-based and factoring... Read Story
June 29, 2015, 07:53 AM


IDEX Corporation announced it has closed a new five year, $700 million senior revolving credit facility. The facility was financed through a syndication of 10 financial institutions, co–led by Bank of America, N.A., JP Morgan Chase, N.A., and Wells... Read Story
June 24, 2015, 07:49 AM


Focus Financial Partners, LLC has increased its credit facility from $550 million to $1 billion to support its continued growth. The credit facility is supported by a consortium of leading financial institutions, including Bank of America, SunTrust... Read Story
June 08, 2015, 07:21 AM


Capmark Financial Group Inc.  has entered into a definitive agreement to acquire Orchard Brands Corporation for $410 million in cash, subject to various pre- and post-closing adjustments. The transaction will broaden and diversify the customer base... Read Story
May 28, 2015, 07:46 AM


Minnesota Bank & Trust announced Kristin Leuer has joined its commercial banking team as vice president and portfolio manager. Leuer has over 30 years’ experience in banking and finance, most recently as vice president of commercial lending at BMO... Read Story
February 17, 2015, 07:28 AM


Healthcare Trust of America, Inc. announced it had closed a new $1.1 billion senior unsecured credit facility consisting of a $800 million, five-year revolving credit facility and a $300 million term loan. The credit facility refinances the existing... Read Story
November 21, 2014, 07:07 AM


Pebblebrook Hotel Trust has successfully amended and restated its senior unsecured revolving credit facility. The amended credit facility has been increased to $600 million and is composed of a $300 million unsecured revolving credit facility, an... Read Story
October 20, 2014, 07:26 AM


Marlin Business Services Corp. announced the launch of its Franchise Finance Group with the hiring of Joshua A. Rouswell as Director of Franchise Financing and Joseph G. Haynes as Franchise Financing Manager. Mr. Rouswell and Mr. Hayes will be... Read Story
October 14, 2014, 07:58 AM


Net Access expanded its senior secured credit facility with U.S. Bank National Association by an additional $9 million which includes a $5 million increase to their revolving line of credit. The company will use a portion of the facility to refinance... Read Story
August 27, 2014, 07:34 AM


Innospec Inc. has added a new bank to its existing credit facilities agreement and increased its borrowing capacity under the facilities to $200 million.U.S. Bank has joined the existing banking group supporting Innospec, and is providing an... Read Story
August 01, 2014, 07:08 AM


City National Bank has hired Scott Smith to serve as senior vice president and manager of its commercial banking team in San Francisco.Smith will help lead City National's commercial banking activities throughout the Bay Area. City National Bank... Read Story
July 31, 2014, 07:19 AM


Watsco, Inc. has refinanced its existing unsecured revolving credit agreement led by JPMorgan Chase Bank as Administrative Agent, Bank of America and Wells Fargo Bank as Co-Syndication Agents and U.S. Bank National Association as Documentation... Read Story
June 30, 2014, 07:15 AM


Compass Diversified Holdings (CODI), an owner of leading middle-market businesses, signed a credit agreement for a revolving credit facility totaling $400 million and a term loan facility in the amount of $325 million. The two facilities, led by Bank... Read Story
June 10, 2014, 07:52 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


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


SUPERVALU INC. announced it has successfully completed the repricing, amendment and extension of its existing $1.0 billion asset-based revolving credit facility, which is secured by the company's inventory, credit card and certain other receivables... Read Story
April 18, 2014, 07:52 AM


Lithia Motors has completed a $1.0 billion five-year revolving syndicated credit facility with 13 institutions that will expire in December 2018. The facility can be expanded to $1.25 billion in total availability.The revolving facility will provide... Read Story
December 19, 2013, 11:11 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


Myers Industries, Inc. entered into a five-year, $200 million senior secured revolving credit facility with seven lending banks, replacing its previous senior credit facility that was scheduled to expire in November 2015. The senior credit facility... Read Story
December 17, 2013, 07:26 AM


EMCOR Group, Inc., a Fortune 500 leader in mechanical and electrical construction, industrial energy infrastructure, and facilities services for a diverse range of businesses, announced that it had entered into a $1.1 billion credit agreement with a... Read Story
December 03, 2013, 07:36 AM


Capital One Bank announced a name change for its asset-based and senior bank lending businesses from Capital One Leverage Finance to Capital One Business Credit Corp to more accurately reflect the group’s specialized financial product offerings. The... Read Story
October 08, 2013, 08:03 AM


Snap-on Incorporated entered into a five-year, $700 million multi-currency revolving credit facility that terminates on September 27, 2018 (the “New Facility”). This New Facility amends and restates Snap-on’s $500 million multi-currency revolving... Read Story
October 01, 2013, 07:17 AM


U.S. Bank has hired Michael Righi to lead its middle market commercial banking teams in the Pacific Northwest and to serve as the company's president for Northern California. Righi will be based in San Francisco.In addition to serving as market... Read Story
September 30, 2013, 07:52 AM


Cole Taylor Business Capital (CTBC), a division of Cole Taylor Bank, announced the opening of a new regional sales office in Walnut Creek, California and the addition of a business development officer in Chicago. The Walnut Creek office will serve... Read Story
August 07, 2013, 09:06 AM


United Stationers Inc. announced it has closed an amendment and extension of its $700 million revolving credit facility with a syndicate of financial institutions. This amendment extends the expiration date of the facility to July 6, 2018.The... Read Story
July 10, 2013, 07:52 AM


ICV Partners announced that its portfolio company SAFE Security successfully completed the refinancing of its existing senior credit facility with a new $130 million debt facility led by Bank of America. The new credit facility, $55 million more than... Read Story
March 11, 2013, 08:02 AM


Red Robin International, a wholly owned subsidiary of Red Robin Gourmet Burgers, that it has closed on a new $225 million credit agreement. The new credit facility, a five-year $225 million revolving line of credit, replaces a facility comprised of a... Read Story
December 18, 2012, 07:43 AM