Trident Royalties Plc announced that, following the announcement on 29 November 2023, the Company has now signed the facility agreement with BMO Capital Markets and CIBC for a new US$40 million revolving credit facility (the "RCF"), with an option to...
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February 19, 2024, 07:05 AM
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Dave & Buster's Entertainment announced that the Company successfully amended its credit agreement, achieving a reduction in the interest rate margin applicable to its term loans and revolving loans outstanding under its credit agreement by 60 basis...
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January 22, 2024, 07:58 AM
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Sterling Infrastructure requested and received an amendment to its 2019 credit agreement that extends the maturity of the credit facility by 18-months to April of 2026.The size, economics and covenants of the amended credit agreement are...
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December 29, 2023, 07:40 AM
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Blue Bird Corporation, the leader in electric and low-emission school buses, announced that on November 17, 2023 the Company completed the refinancing of its credit facilities and entered into a new five-year credit agreement with a syndicate of...
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November 20, 2023, 08:00 AM
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Jones Lang LaSalle (JLL) amended its bank credit facility to maintain the company's operating flexibility and support its growth strategy. The borrowing capacity will be $3.3 billion and the new five-year term extends the maturity from April 2026 to...
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November 06, 2023, 07:52 AM
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Dave & Buster's Entertainment successfully amended its credit agreement, achieving favorable pricing and upsizing the Term Loan B facility to $900 million. Deutsche Bank Securities, JPMorgan Chase Bank, Wells Fargo Securities, BMO Capital Markets...
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July 05, 2023, 07:40 AM
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Alvarium Tiedemann Holdings entered into a $250 million credit facility with a syndicate led by BMO Capital Markets. The facility, which is comprised of a $150 million revolving credit facility and a $100 million term loan facility, will be used to...
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January 04, 2023, 07:55 AM
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Priority Power Management, a leader in energy optimization and infrastructure offering smart energy solutions and streamlined transitions to carbon neutrality, successfully refinanced its existing debt and increased its credit facility from $85...
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November 17, 2022, 07:32 AM
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VoltaGrid entered into a senior secured revolving credit facility. The Facility provides the Company immediate access to $60 million, and up to $150 million under certain conditions. BMO Capital Markets is acting as administrative agent for the...
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July 22, 2022, 07:44 AM
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Tupperware Brands successfully raised $880 million in a new secured credit facility in order to refinance its existing credit facilities. Highlights of the New Facility:
Lowers interest rate on term loans by over 6 percentage points
...
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November 24, 2021, 08:00 AM
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Samuel, Son & Co., a leading metals distributor and industrial products manufacturer, entered into its first sustainability-linked revolving credit facility agreement. This amendment to the company's bank credit facility underlines the confidence its...
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November 24, 2021, 07:45 AM
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MarketWise, formerly known as Beacon Street Group, a leading multi-brand digital subscription services platform providing premium financial research, software, education, and tools for self-directed investors, announced that its direct subsidiary...
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November 01, 2021, 08:05 AM
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Thermon Group Holdings entered into an amended and restated Credit Agreement with JPMorgan Chase Bank and certain other lenders. Under the Credit Agreement, Thermon's existing $140 million term loan B and revolving credit facility were replaced with...
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September 30, 2021, 07:00 AM
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Physicians Realty Trust, a self-managed healthcare real estate investment trust, announced that it entered into a third amended and restated credit agreement (the "Credit Agreement"), extending the maturity date of the Credit Agreement from September...
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September 29, 2021, 07:45 AM
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RF Capital Group secured a $200 million revolving credit facility with a syndicate of lenders. The initial authorized principal of the facility is $125 million. The Facility also includes an accordion provision that will enable the Company to request...
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September 13, 2021, 07:50 AM
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Intertape Polymer Group entered into a new five-year $600 million credit facility pursuant to an amendment to its existing credit agreement with a syndicated lending group led by Bank of America as Administrative Agent, and BofA Securities, BMO...
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June 16, 2021, 07:07 AM
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Yesway, one of the largest and fastest growing convenience store chains in the United States, successfully completed the refinancing of its term loan and revolving credit facilities in the amount of $410 million and $125 million, respectively. The...
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April 07, 2021, 05:37 AM
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Slate Asset Management announced the acquisition of the Commercial Real Estate Business (“ACREG”) of Annaly Capital Management,(“Annaly”) for $2.33 billion. The acquisition includes a portfolio of performing real estate loans, debt securities and...
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March 26, 2021, 07:19 AM
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Digi International entered into an amended and restated credit agreement with BMO Harris Bank as administrative agent and collateral agent.The new facility provides Digi with a senior secured credit facility consisting of a $200 million senior...
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March 22, 2021, 07:59 AM
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Harsco Corporation amended its existing senior secured credit agreement by completing a new term loan B facility (the “New Term Loan”) of $500.0 million and extending the maturity of the existing $700.0 million revolving credit facility thereunder...
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March 11, 2021, 07:10 AM
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The Libor-OIS spread, a closely watched metric showing stress in the interbank lending market, has returned to pre-crisis levels as financial markets' coronavirus-related anxiety dissipates.The spread measures the difference between the three-month...
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May 07, 2020, 09:00 AM
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RPT Realty announced that it has closed on its $660 million amended and restated unsecured credit facility, an increase of $100 million over the Company’s prior unsecured credit facilities. Terms of the new facility can be found in our press release...
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November 11, 2019, 09:00 AM
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BMO Capital Markets launched a U.S. Power, Utilities and Infrastructure (PU&I) Investment and Corporate Banking group.The senior members of the new group will be Paul McNutt as head of PU&I, Andrew Rosenbaum as managing director in PU&I and Andriy...
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August 23, 2018, 06:30 AM
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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...
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August 15, 2018, 08:10 AM
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Comstock Resources, Inc. announced that it has obtained commitments from a syndicate of thirteen banks for a new five year reserve-based revolving credit facility with an initial borrowing base of $700.0 million. The New Credit Facility is subject...
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July 11, 2018, 07:15 AM
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Trevali Mining Corporation announced it has completed the acquisition of a portfolio of zinc assets from Glencore PLC, and certain of its subsidiaries, including an 80% interest in the Rosh Pinah mine in Namibia, a 90% interest in the Perkoa mine in...
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September 01, 2017, 07:15 AM
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Detour Gold Corporation announced that it has concluded its negotiations with its existing bank group on a $500 million Senior Secured Credit Facility comprised of a $300 million Revolving Credit Facility for a tenor of four years and a $200 million...
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July 11, 2017, 07:18 AM
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HighTower recently secured a new credit facility totaling $245 million, an increase of $75 million over the company's previous facility. The financing supports HighTower's pending acquisition of WealthTrust, which includes $6.4 billion in client...
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April 18, 2017, 07:21 AM
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Global Medical REIT Inc., a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to leading clinical operators with dominant market share...
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March 08, 2017, 07:46 AM
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BMO Capital Markets, the investment & corporate banking arm of BMO Financial Group, announced that Luke Seabrook has been appointed Chief Operating Officer. In this role, he will have oversight of all risk, balance sheet and first line regulatory and...
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January 13, 2017, 08:00 AM
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Telesat Canada issued U.S.$500.0 million in aggregate principal amount of 8.875% senior notes due 2024, which mature on November 17, 2024. Concurrently, Telesat announced its entry into a new amended and restated credit agreement. The new amended and...
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November 21, 2016, 07:37 AM
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BlackArch Partners, a prominent mergers and acquisitions-focused investment bank offering a full spectrum of advisory services, is pleased to announce that Tom Krasnewich has joined the firm as Managing Director and Head of the firm’s Diversified...
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September 28, 2016, 07:03 AM
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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...
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February 05, 2016, 08:02 AM
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Paul Hastings LLP, a leading global law firm, represented Morgan Stanley Senior Funding, Inc. and BMO Capital Markets Corp., as joint lead arrangers and bookrunners on the financing for the acquisition by ArcLight Energy Partners of Gulf Oil Limited...
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January 04, 2016, 07:49 AM
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Adeptus Health Inc., the largest operator of freestanding emergency rooms in the U.S., announced that it has closed on $175 million of new senior secured credit facilities. Bank of America Merrill Lynch served as administrative agent. Bank of...
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October 07, 2015, 08:07 AM
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Physicians Realty Trust, a self-managed healthcare real estate company, has amended and upsized its unsecured revolving credit facility from $400 million to $750 million. The amended credit facility also provides an accordion feature allowing for an...
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July 24, 2015, 07:09 AM
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Citizens Bank announced it led $155 million in new financing for Southfield, MI-based Diversified Restaurant Holdings, Inc. to refinance existing debt and to fund the acquisition of 18 Buffalo Wild Wings restaurants in the St. Louis area for $54...
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July 01, 2015, 07:51 AM
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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...
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May 01, 2015, 07:56 AM
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NXT Capital, announced that its Equipment Finance Group has increased its revolving credit facility from $150 million to $325 million. This credit facility increase provides additional financing to support the growth of NXT’s equipment loan and lease...
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February 11, 2015, 07:27 AM
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BMO Capital Markets, the investment & corporate banking arm of BMO Financial Group, is adding trade finance booking capabilities in Hong Kong as it moves to serve more trade in Asia.Upgrading its Trade Finance capability in Hong Kong, a huge global...
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November 18, 2014, 08:04 AM
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Magnum Hunter Resources Corporation announced it has closed on two new credit facilities and completely refinanced its prior revolving credit facility. Credit Suisse Securities (USA) LLC and BMO Capital Markets acted as joint lead arrangers for the...
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October 23, 2014, 07:25 AM
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PNC Riverarch Capital announced today the acquisition of a controlling interest in The Cleaning Authority, LLC (TCA), a leading franchisor of residential cleaning businesses with 183 franchised service territories in the United States and Canada....
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September 18, 2014, 06:03 AM
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Heartland Payment Systems has completed the acquisition of TouchNet Information Systems, Inc., an integrated commerce solutions provider to higher-education institutions. TouchNet adds over 600 higher education clients serving over six million...
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September 05, 2014, 07:28 AM
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Green Plains Inc. announced the completion of a $225 million senior secured credit facility due 2020 (the "Credit Facility") by its wholly-owned subsidiary, Green Plains Processing LLC (the "Borrower"). The proceeds of the Credit Facility will be...
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June 11, 2014, 07:12 AM
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Clearlake Capital Group, L.P. announced that it has reached a definitive agreement to acquire ConvergeOne (the “Company”), a leading independent provider of innovative communications solutions and managed services to enterprises globally.Credit...
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May 15, 2014, 07:13 AM
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NXT Capital announced the closing of NXT Capital CLO 2014-1, a $357 million collateralized loan obligation (CLO). The financing, NXT’s third CLO in three years, is secured almost exclusively by middle-market senior secured loans originated by NXT and...
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May 14, 2014, 07:41 AM
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SunTrust Robinson Humphrey (STRH) announced the addition of three highly respected banking industry veterans to its Chicago-based Midwest Corporate Banking team. Wes Frangul, Jonathan Twichell and Mark Wegener have joined the firm as managing...
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May 13, 2014, 07:39 AM
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Norwest Equity Partners (“NEP”), a leading middle-market investment firm, announced that it has acquired Apothecary Products Incorporated, a leading innovator, manufacturer and distributor of consumer healthcare products and pharmacy supplies. NEP...
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March 04, 2014, 07:01 AM
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Diamond Foods, Inc. announced the completion of the refinancing of its debt capital structure.
"We are pleased with our new debt structure," said Raymond Silcock, Diamond's Chief Financial Officer. "In addition to substantially reducing interest...
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February 20, 2014, 07:43 AM
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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...
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December 03, 2013, 07:36 AM
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Mandalay Resources Corporation announced an amendment to its secured revolving credit facility effective Jun. 28, 2013. The company's revolving credit facility, arranged by BMO Capital Markets, was originally entered into by the company on May 30...
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July 03, 2013, 07:08 AM
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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...
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May 17, 2013, 07:44 AM
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NewStar Financial announced it hired banker Wes Frangul as a managing director in its Chicago office. Frangul will join Jason Wendorf and Eric Barton to broaden NewStar's regional marketing activities with responsibility for generating new financing...
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April 15, 2013, 08:02 AM
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Student Transportation Inc. and its subsidiaries announced today it has signed a new five year amended agreement with its senior lenders to extend the current bank credit facility agreement to February 2018. The company was in the second year of a...
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March 05, 2013, 07:22 AM
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Hudson's Bay Company has repaid its existing $450 million term loan facility with GE Capital Canada Finance and certain others with proceeds from a new $250 million senior non-revolving term loan facility dated November 26, 2012 with Bank of Montreal...
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November 29, 2012, 07:04 AM
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Private equity firm Mason Wells announced it closed on the acquisition of Whitehall Specialties, a Wisconsin-based producer of cheese products. The business will be owned by Mason Wells, management and other co-investors.
Co-investors include...
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November 27, 2012, 07:21 AM
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