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News Stories (49 Results) - Comerica Bank

Comerica Bank promoted Grant Simon to Senior Vice President - Technology and Life Sciences (TLS), Group Manager, San Francisco, effective August 11, 2023. He will report to Robert Hernandez, Group Manager, TLS – California.In his new role, Simon will... Read Story
August 11, 2023, 07:49 AM

Comerica Bank announced Jenae Anderson has been named its first Colorado Market President. She previously served as Comerica's Head of Commercial Banking in this footprint, responsible for overseeing commercial lending and community engagement, which... Read Story
May 19, 2023, 07:55 AM

Vishay Intertechnology entered into an amendment and restatement of its $750 million credit facility. The amended and restated credit facility extends the maturity date of the revolving credit agreement until May 8, 2028, replaces the existing total... Read Story
May 09, 2023, 07:16 AM

Bloomberg reported that Moody’s Investors Service placed First Republic Bank and five additional U.S. lenders on review for downgrade following the collapse of Silicon Valley Bank.According to the Bloomberg report, Western Alliance Bancorp., Intrust... Read Story
March 15, 2023, 07:57 AM

Comerica announced it is promoting three executive leaders to newly established positions: Peter Sefzik, Executive Vice President (EVP), Executive Director, Commercial Bank, will assume the role of Senior EVP, Chief Banking Officer; Megan Crespi... Read Story
January 26, 2023, 07:58 AM

Gibraltar Industries, a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, closed on a $400 million five-year revolving credit facility. The new facility replaces a... Read Story
December 09, 2022, 08:08 AM

On September 30, 2022, Warby Parker and Warby Parker Retail entered into a Credit Agreement with the lenders and Comerica Bank, as Administrative Agent, Sole Lead Arranger and Sole Bookrunner, according to an SEC filing dated September 30, 2022. The... Read Story
October 07, 2022, 08:03 AM

Comerica named Joe Ursuy to the new role of Executive Vice President, National Businesses for Energy, Renewables and Waste. He will report to Mike Ritchie, Executive Vice President, Head of National and Specialty Businesses.Ursuy most recently served... Read Story
August 23, 2022, 07:54 AM

Comerica Bank named Corey Bailey, Executive Vice President, Credit Risk Management & Decisioning, to the new role of Executive Vice President, Head of Middle Market & Business Banking. Bailey will report to Peter Sefzik, Executive Vice President... Read Story
August 16, 2022, 08:00 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

Comerica announced Dave Galbreath has been named its Florida Market President, replacing David Kunik, who has decided to step down so he can focus more directly on managing the market's retail operations.As the Florida Market president, Galbreath... Read Story
May 26, 2022, 07:33 AM

Casella Waste Systems, a regional solid waste, recycling and resource management services company, entered into a $650 million Amended and Restated Credit Agreement with Bank of America as administrative agent and swing line lender, Bank of America... Read Story
December 29, 2021, 07:59 AM

Ryder System executed a new $1.4 billion five-year global revolving credit facility, which includes 11 global institutions, and will expire on December 14, 2026. The credit facility will be used for working capital and other general corporate... Read Story
December 21, 2021, 07:44 AM

Interpace Biosciences, along with its subsidiaries, entered into a new $7.5 million revolving credit facility with Comerica Bank. The facility matures on September 30, 2023 and allows for advances based on 80% of eligible accounts receivable plus an... Read Story
October 18, 2021, 07:09 AM

AirBoss of America updated its senior secured credit facilities with an expanded syndicate of major banks to increase the available size, extend the maturity date, and provide the Company with improved terms, lower pricing and increased flexibility.... Read Story
September 24, 2021, 07:51 AM

Alida (formerly Vision Critical), creator of the world’s first CXM & Insights Platform has secured a $10 million debt facility from Comerica Bank. The financing was provided by Comerica Bank’s Technology and Life Sciences Division. The funds provide... Read Story
June 28, 2021, 08:04 AM

InfuSystem Holdings secured a new $75 million revolving credit facility with JPMorgan Chase Bank, acting as the lead arranger with a syndicate of financial banking institutions that include Wells Fargo Bank, N.A., PNC Financial Services Group, Inc.... Read Story
February 12, 2021, 07:45 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

Comerica Bank announced that Morgan Rector, President, Entertainment Group, and Regional Manager, Wealth Management – Ventura and Los Angeles County Region, will be named California Market President, effective April 13. Rector will succeed Judith... Read Story
March 12, 2018, 07:48 AM

TAB Bank announced the addition of Scott F. Barnes to their business development team as Vice President and Business Development Officer. Barnes will be based in Dallas and will be responsible for sourcing new business opportunities by providing... Read Story
September 20, 2017, 07:07 AM

Digirad Corporation, a provider of healthcare solutions on an as needed, when needed, and where needed basis, announced that it has closed a new Revolving Credit Agreement with Comerica Bank. The Revolving Credit Agreement is a five-year revolving... Read Story
June 26, 2017, 07:08 AM

Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced Stephen Altneu has joined the organization as Managing Director of its asset-based lending business. In his new role, Altneu will be responsible for overseeing... Read Story
August 18, 2016, 07:46 AM

Wellington Financial LP, a privately-held specialty finance firm, announced it is growing its expertise in a key sector of the innovation economy. To lead this endeavor, Jeff Chapman has joined the firm’s Menlo Park office as Partner and Head of... Read Story
August 17, 2016, 07:41 AM

Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, today announced that it has completed a $1.8 billion five-year revolving syndicated credit facility with 24 financial institutions that will expire in June 2021 and can be... Read Story
June 20, 2016, 07:48 AM

RealPage, Inc., a leading provider of on demand software and software-enabled services for the multifamily, single-family and vacation rental housing industries, announced that the company has entered into an agreement to amend certain terms as part... Read Story
February 29, 2016, 08:02 AM

Comerica Bank announced that Michael A. Silva has been named Regional Market President for the San Francisco and North Bay regions.    Silva will continue in his role as an Executive Vice President responsible for managing all Middle Market teams in... Read Story
January 26, 2016, 07:08 AM

Lonestar Resources, Ltd. announced the closing of a new $500 million senior secured credit facility, which replaces its previous $400 million facility.Lonestar's new facility was arranged by Citibank, N.A., and importantly, features an expanded... Read Story
July 29, 2015, 07:29 AM

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... Read Story
July 24, 2015, 07:09 AM

Square 1 Bank has strengthened its New England team with the addition of several key hires to support the commercial banking needs of entrepreneurs and investors in the region, including Julianne Tamasy as senior vice president and Jeff Griffor as... Read Story
July 10, 2015, 07:23 AM

Rapid Micro Biosystems, a leading provider of automated, non-destructive, rapid microbial detection, announced the closing of its $16 million term loan facility with Solar Capital and $3 million revolving credit facility with Comerica Bank. The... Read Story
July 09, 2015, 07:29 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

Modern Systems Corporation, an indirect, wholly-owned subsidiary of BluePhoenix Solutions, Ltd., provided an update on the expected timing of its proposed merger with Sophisticated Business Systems, Inc. ("ATERAS") and announced new debt financing... Read Story
October 13, 2014, 07:16 AM

Opus Bank announced that Ray Boyadjian has joined Opus as Managing Director, Corporate Finance within Opus’ Merchant Banking division. Boyadjian, a 39-year banking veteran, is responsible for expanding Opus’ corporate finance-related client base, as... Read Story
October 02, 2014, 07:11 AM

Square 1 Bank announced that it has strengthened its Mid-Atlantic team, with the addition of new hire Elizabeth Orsinger as vice president, technology banking, and promotion of Kay Parry to market leader. Based in Chevy Chase, the team supports the... Read Story
September 11, 2014, 06:55 AM

American Midstream Partners, LP announced today the execution of an amended and restated credit facility to increase the borrowing capacity to $500 million, with the option to further increase the borrowing capacity to $700 million, and to extend the... Read Story
September 09, 2014, 07:03 AM

Endurance Wind Power Inc., the leader in distributed wind solutions, announced today that it has recently closed a $10 million senior revolving credit facility with Comerica Bank, and supported by Export Development Canada under its Export Guarantee... Read Story
September 08, 2014, 07:19 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

Victory Park Capital (VPC), an asset management firm focused on middle-market debt and equity investments, announced that it has named Jason Brown partner. Brown, a twenty-year financial services veteran will lead the firm’s new Los Angeles office.... Read Story
July 01, 2014, 07:32 AM

Boralex Inc. has completed the refinancing of its corporate revolving credit facility for an amount of C$130 million and improves its financial flexibility. Boralex also announces the reimbursement of its C$35 million loan maturing on July 9... Read Story
June 30, 2014, 07:08 AM

Opus Bank announced that Doug Stewart has joined Opus Bank as Managing Director – Technology Banking. Stewart, a 25 -year banking veteran, is focused on expanding Opus’ Technology Banking client base. Kevin McBride, Senior Managing Director... Read Story
April 30, 2014, 07:06 AM

Comerica Bank today announced the expansion of its middle-market banking division in North Texas by 26 percent, or nine employees, to complement the bank's three existing middle-market groups operating in Dallas. A new commercial banking group, which... Read Story
March 11, 2014, 07:17 AM

Designed to provide an increased physical production capacity and related filmed entertainment ventures, OddLot Entertainment has closed a $50 million revolving  credit facility with J.P. Morgan and Comerica as co-lead arrangers which may be... Read Story
February 21, 2014, 07:44 AM

DragonWave Inc. announced that it has amended its existing revolving credit facilities with Comerica Bank and Export Development Canada. The maximum amount of credit availability under the amended asset-based credit facility has been increased from... Read Story
January 07, 2014, 08:03 AM

Rocket Fuel Inc., announced that it had entered into a $100 million syndicated credit facility led by Comerica Bank on December 20, 2013. The syndicate also includes Silicon Valley Bank and City National Bank. This credit facility amends and restates... Read Story
December 27, 2013, 07:45 AM

OrthoAccel Technologies, Inc. announced today that it has executed a debt facility for up to $4 million with Comerica Bank. The credit facility provides for up to $4 million in term debt and the issuance to Comerica of a warrant to purchase shares of... Read Story
November 15, 2013, 08:03 AM

ExteNet Systems, Inc. announced a new $210 million senior credit facility arranged by SunTrust Robinson Humphrey, Inc. and CIT Finance LLC.Under the new facility, ExteNet has secured $210 million in borrowing capacity, consisting of a $140 million... Read Story
October 30, 2013, 08:04 AM

BIOLASE, Inc.  announced that effective September 6, 2013 it amended the terms of its two revolving credit facility agreements with Comerica Bank.BIOLASE's Credit Agreements with Comerica, as previously amended, provide for borrowings against certain... Read Story
September 11, 2013, 07:18 AM

TAB Bank announced the appointment of Jan Allen Ackley as Vice President of Asset Based Lending. Ackley will be based out of TAB Bank’s corporate headquarters in Ogden, UT and will oversee all personnel, operations, and functions as it relates to... Read Story
August 15, 2013, 07:52 AM

Blackford Capital announced the acquisition of Mopec, Inc., a full-service, full-line manufacturer of pathology and mortuary equipment based in Metro Detroit. Comerica Bank and Northcreek Mezzanine provided financing for the transaction. Mopec was... Read Story
June 07, 2013, 07:13 AM