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News Stories (42 Results) - Truist Bank

Truist Financial Corporation announced continued progress in the company's transformation journey with the creation of a chief operating officer position, the naming of a new chief consumer & small business banking officer and the hiring of a new... Read Story
November 15, 2023, 08:10 AM

Fora Financial, a leading provider of flexible financing to small- and medium-sized businesses nationwide, announced the closings of a $130 million revolving credit facility and $10 million investment-grade rated corporate note. Truist Bank will... Read Story
October 04, 2023, 07:50 AM

First Solar announced that on June 30, 2023, it entered into a five-year revolving credit and guarantee facility for $1 billion. The facility includes up to $250 million which is available for the issuance of letters of credit. J.P. Morgan Chase Bank... Read Story
July 07, 2023, 07:53 AM

Channel entered into a new credit facility with Truist. The $75 million commitment provides financing for both working capital and equipment finance originations, and reflects the scale and capacity growth that Channel continues to realize.“We are... Read Story
April 25, 2023, 07:35 AM

Gibraltar Business Capital (“GBC”) secured an increased line of credit with Bank of America, building upon the partnership first announced in May 2021. While Bank of America remains the lead agent in the expanded senior line of credit financing... Read Story
March 10, 2023, 07:54 AM

Main Street Capital Corporation announced that its wholly owned subsidiary, MSCC Funding I, LLC (the "SPV"), entered into a senior secured revolving credit facility led by Truist Bank, with Truist serving as administrative agent and as one of three... Read Story
November 28, 2022, 08:00 AM

Federal Signal Corporation, a leader in environmental and safety solutions, announced the completion of a new five-year $800 million credit facility, to replace its existing $500 million credit facility. The new facility is comprised of a $675... Read Story
October 25, 2022, 07:53 AM

Avid, a leading technology provider that powers the media and entertainment industry, entered into an amended secured credit facility with JPMorgan Chase Bank and a syndicate of banks, including $186.7 million in senior secured term loans and a $120... Read Story
October 14, 2022, 07:07 AM

Blue Bird Corporation, the leader in electric and low-emission school buses, entered into a fifth amendment to its credit facility, dated as of December 12, 2016.? Bank of Montreal acted as Administrative Agent and an Issuing Bank, Fifth Third Bank... Read Story
September 12, 2022, 07:30 AM

Truist Financial Corporation announced that Mike Maguire, Truist's chief consumer finance and payments officer, has been named chief financial officer (CFO) effective Sept. 15. Maguire succeeds current Truist CFO Daryl Bible, whose retirement was... Read Story
September 08, 2022, 07:55 AM

According to an SEC filing, on August 26, 2022, Owl Rock Capital Corporation entered into an Amended and Restated Senior Secured Revolving Credit Agreement, which amends and restates in its entirety that certain Senior Secured Revolving Credit... Read Story
September 01, 2022, 07:42 AM

Truist Financial Corporation announced that Scott Stanzel will join the company as executive vice president and chief communications officer, effective Oct. 1, 2022. Stanzel will report to Chief Legal Officer and Head of Public Affairs Ellen... Read Story
August 25, 2022, 07:34 AM

Apogee Enterprises completed the amendment and extension of its senior unsecured credit facility. The agreement increases the company’s unsecured revolving credit facility to $385 million and provides for an uncommitted accordion feature allowing for... Read Story
August 08, 2022, 07:00 AM

Truist Financial Corporation announced that Dominica Groom Williams will join the company as head of diversity, equity and inclusion (DEI), effective today.Groom Williams will be responsible for leading bank-wide strategic inclusion and diversity... Read Story
July 26, 2022, 08:00 AM

Whole Earth Brands, a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, announced it completed an amendment, effective June 15, 2022, to its amended and restated credit... Read Story
June 20, 2022, 07:53 AM

AMETEK completed an amended and restated Revolving Credit Facility increasing the size from $1.5 billion to $2.3 billion. The facility, previously due to expire in October 2023, now has a maturity date of May 2027. In conjunction with this expanded... Read Story
May 16, 2022, 07:42 AM

Encina Equipment Finance (EEF) closed a new non-recourse secured revolving loan facility with initial lending commitments from three lenders totaling $450 million. The new facility provides EEF with additional committed capacity to fund equipment... Read Story
April 28, 2022, 07:53 AM

Ares Capital Corporation increased commitments under its Revolving Credit Facility to approximately $4.8 billion and extended the final maturity date to March 31, 2027. The Facility is led by JP Morgan, Bank of America, Truist, MUFG Bank, Sumitomo... Read Story
April 05, 2022, 08:07 AM

Truist Financial Corporation announced that as part of a planned transition, William H. “Bill” Rogers Jr., Truist’s Chief Executive Officer, will become Chairman of the board and Thomas E. Skains will become Lead Independent Director. Both... Read Story
March 09, 2022, 07:10 AM

Truist Securities announced the recent appointments of three new investment banking group heads, expanding and strengthening the firm’s client coverage and commitment to offering a high-touch advisory approach.   Stellar Kim Tucker has joined... Read Story
February 18, 2022, 07:02 AM

Eastman Chemical Company announced amendments to and extension of its $1.5 billion five-year unsecured revolving credit facility (the “Credit Agreement”). The amendments include extension of the term of the existing $1.5 billion unsecured revolving... Read Story
December 06, 2021, 07:41 AM

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    ... Read Story
November 24, 2021, 08:00 AM

The Children’s Place, the largest pure-play children’s specialty apparel retailer in North America, announced the refinancing of its revolving credit facility and term loan by a new lending group led by an affiliate of Wells Fargo. The new debt... Read Story
November 18, 2021, 08:07 AM

Truist Securities announced that Lorenzo Paoletti has joined the firm as managing director to lead the Biotech investment banking team. Working together with Michael Allwin, who joined Truist Securities in August as managing director, these... Read Story
September 24, 2021, 07:50 AM

Truist Bank is combining its Banking Operations and Corporate & Institutional Group (CIG) Operations and launching a global services capability to create a new center of excellence (CoE) – Enterprise Operations and Global Services – under the Digital... Read Story
August 23, 2021, 07:46 AM

Truist Financial Corporation announced its new executive leadership structure, effective Sept. 1. President and Chief Operating Officer William H. Rogers Jr. will succeed Kelly S. King as chief executive officer on Sept. 12, 2021, as previously... Read Story
August 18, 2021, 08:11 AM

Truist Financial Corporation announced Fadie "Freddy" Itayem has been named Corporate Treasurer, effective Sept. 3. Itayem will report to Chief Financial Officer Daryl Bible and will be responsible for all Truist corporate treasury activities... Read Story
August 12, 2021, 07:13 AM

Acadia Realty Trust closed on a $700 million amended and restated credit facility, which replaces the Company’s existing $600 million credit facility. The amended and restated credit facility provides for an increase in the Company’s existing... Read Story
July 06, 2021, 07:17 AM

Truist Securities announced that Michael Carter has joined the firm to lead the investment and corporate banking teams and will be located in Atlanta. Carter joins Truist from RBC Capital Markets where he was most recently global head, Technology... Read Story
June 15, 2021, 07:50 AM

Growve received $175 million in funding from multiple syndication partners to fuel further acquisitions of omnichannel natural wellness & body care brands. The successful and oversubscribed closing of this new credit facility follows Growve's... Read Story
June 01, 2021, 08:15 AM

Digital Media Solutions announced that its operating subsidiary, Digital Media Solutions has entered into a new $275 million five-year senior secured credit facility, which consists of term loans in an aggregate principal amount of $225 million and a... Read Story
May 26, 2021, 07:38 AM

Truist Financial announced the expansion of the Truist Commercial Community Bank's Industry Consulting team, adding waste and environmental services and building products to its growing list of industry specialties. Truist's Commercial Community Bank... Read Story
May 21, 2021, 08:00 AM

Gibraltar Business Capital expanded its financing partnership with Bank of America through a new $150MM line of credit.The line of credit provides Gibraltar the necessary capacity to serve its growing portfolio of lower mid-market businesses seeking... Read Story
May 13, 2021, 07:44 AM

STAG Industrial increased the capacity of the Company's unsecured credit facility to $750 million and refinanced $300 million of term loan debt. The Company exercised the accordion option of its unsecured credit facility capacity and increased its... Read Story
February 09, 2021, 07:00 AM

Repay Holdings closed a new undrawn $125 million senior secured revolving credit facility. Truist Securities acted as lead arranger, and Truist Bank will serve as the administrative agent for the new revolving credit facility. The new revolving... Read Story
February 04, 2021, 08:10 AM

TCF Capital Solutions has acquired BB&T Commercial Equipment Capital, Corp. (“CEC”), which includes a portfolio of approximately $1 billion of equipment finance leases and loans. CEC was Truist Bank’s national small-ticket equipment leasing and... Read Story
February 01, 2021, 08:00 AM

M.D.C. Holdings, one of the nation's leading homebuilders, announced an increase in the aggregate commitment and maturity under its unsecured revolving credit facility. MDC increased the aggregate commitment under its existing $1.0 billion unsecured... Read Story
December 29, 2020, 08:10 AM

North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT., announced the company closed on two fourth quarter capital market transactions.The company increased the size of its senior loan facility with... Read Story
December 28, 2020, 09:25 AM

RadNet, a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 332 owned and/or operated outpatient imaging centers, announced the amendment of its senior secured first lien... Read Story
August 31, 2020, 09:00 AM

OneWater Marine Inc. announced that it has closed on a new $110 million senior credit facility, resulting in annual savings of more than $6 million in Fiscal Year 2021.The new credit facility consists of an $80 million term loan, with a $30 million... Read Story
July 23, 2020, 08:00 AM

ProSight Global, Inc. entered into a Credit Agreement, with Truist Bank (“Truist”), as administrative agent, issuing bank, and swingline lender. Suntrust Robinson Humphrey, Inc. and Citizens Bank N.A. (“Citizens”) are joint lead arrangers and... Read Story
June 18, 2020, 09:15 AM

Goldman Sachs BDC, Inc. announced that it has favorably amended its senior secured revolving credit facility agreement with Truist Bank (formerly known as SunTrust Bank), as administrative agent (as amended, supplemented or otherwise modified and in... Read Story
February 28, 2020, 08:55 AM