KeyCorp announced that Darrin Benhart, Deputy Chief Risk Officer, has been named the bank's Chief Risk Officer, effective January 1, 2024. Benhart succeeds Mark Midkiff, whose long-planned retirement was announced in November and who will remain at...
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January 10, 2024, 08:00 AM
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RecNation Storage, a leading owner, operator and developer of specialized recreational vehicle and marine storage facilities, amended and upsized its revolving credit facility to borrow up to $500 million assuming certain conditions are met. The...
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May 26, 2023, 07:55 AM
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KeyCorp announced Donald R. Kimble, Chief Financial Officer (CFO) and Chief Administrative Officer, will retire on May 1, 2023. He will be succeeded by Clark H.I. Khayat, currently Chief Strategy Officer."Don is a highly respected leader both inside...
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November 18, 2022, 07:48 AM
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KeyBanc Capital Markets (“KBCM”), the corporate and investment banking arm of Cleveland-based KeyCorp, announced the addition of two industry veterans to its Fixed Income Sales & Strategy team: Rick Turnage and Rob Bonds. Turnage, a Managing Director...
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October 21, 2021, 07:27 AM
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KeyBanc Capital Markets (KBCM), expanded its Utilities, Power & Renewables Group through the addition of a six-person renewable energy investment banking team. This team has been a leading provider of strategic, merger and acquisition advisory...
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May 04, 2021, 07:25 AM
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Gladstone Commercial Corporation, a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties, announced that it amended, extended and upsized its existing, syndicated revolving credit and...
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November 01, 2017, 07:00 AM
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Installed Building Products, Inc., an installer of insulation products, announced that the company has successfully refinanced its borrowings under its existing Term Loan and Delayed Draw Term Loan facilities, and closed its previously announced $300...
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April 17, 2017, 07:16 AM
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sPower, a leading renewable energy provider, announced today the completion of a tax equity investment and syndicated construction and term loan facility totaling $786 million. KeyBanc Capital Markets Inc. acted as Coordinating Lead Arranger for the...
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October 07, 2016, 07:43 AM
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MVP REIT, Inc. and MVP REIT II, Inc. (the “REITs”), both publicly registered non-traded real estate investment trusts, entered into a credit agreement with KeyBank National Association for a $30 million revolving credit facility with accordion...
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October 07, 2016, 07:30 AM
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Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced the closing of a $350 million amended and restated senior unsecured credit facility (the “Facility”) to replace its...
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August 02, 2016, 07:16 AM
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Patrick Industries reported its financial results for the second quarter and six months ended June 26, 2016. The company also announced that it expanded its existing credit facility to $360 million. On July 26, 2016, the company amended its...
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July 29, 2016, 07:49 AM
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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...
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June 20, 2016, 07:48 AM
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VOXX International Corporation has successfully completed the refinancing of its global revolving credit facility. The company has entered into an amended and restated $140.0 million facility, with a $15.0 million sublimit for letters of credit, and...
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April 29, 2016, 07:54 AM
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Strategic Storage Trust II, Inc. (SST II) -- which is sponsored by SmartStop Asset Management, LLC -- recently announced the amendment of its credit facility with KeyBank. The amended credit facility is a revolving credit facility that has a maximum...
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January 13, 2016, 07:06 AM
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Sterling National Bank announced that Vincent (Vince) Maine has joined the Bank as Senior Managing Director to lead its newly-established Community Development Banking team. The new team expands the Bank's Community Reinvestment Act (CRA) initiative...
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December 23, 2015, 07:39 AM
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STORE Capital Corporation, an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it has expanded its unsecured credit facility from $300 million to $400 million...
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September 23, 2015, 07:27 AM
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Tall Oak Midstream, LLC announced its subsidiaries, TOMPC, LLC and TOM-STACK, LLC, have each closed a $75 million credit facility with accordion features that allow for expansions to $100 million. Formed in early 2014, Tall Oak is an independent...
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June 25, 2015, 06:52 AM
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Invacare Corporation announced the completion of a new revolving credit and security agreement establishing a $100 million asset-based lending (ABL) senior secured credit facility maturing in January 2018. The new credit facility replaces the...
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January 19, 2015, 08:03 AM
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Kona Grill, Inc., an American grill and sushi bar, announced that it has entered into a five-year $35 million amended credit facility with KeyBank National Association. The amended credit facility replaces an existing $20 million credit line."We are...
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November 11, 2014, 07:23 AM
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Capmark Financial Group Inc. announced that it has closed its previously announced acquisition of Bluestem Brands, Inc., a multi-brand, online retailer of name-brand and private label general merchandise serving low-to-middle income consumers...
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November 10, 2014, 07:14 AM
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Sensient Technologies Corporation has completed a new $450 million revolving credit facility, with nine banks participating in the transaction. The facility, comprised of a five year, $350 million revolver and a $100 million term loan will be used to...
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October 27, 2014, 07:42 AM
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Zep Inc. announced that it successfully refinanced its credit facility consisting of a new $75 million term loan and a $250 million revolving loan maturing in August 2019. According to an 8-K filing, Bank of America is serving as adminstrative agent ...
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August 27, 2014, 09:36 AM
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An anticipated wave of mergers and acquisitions by larger middle-market companies could have a ripple effect on smaller middle-market businesses, according to Cindy Crotty, head of KeyBank’s Business Banking and Middle Market banking segments.The May...
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May 19, 2014, 07:16 AM
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Middle-market business leaders are taking cautious steps toward growth, according to results of KeyBank's monthly Middle Market Business Sentiment Survey.
Despite continuing concern about the economy's strength, there are more plans to add staff...
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February 21, 2014, 07:22 AM
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Star Gas Partners, a home energy distributor and services provider specializing in heating oil,has entered into a second amended and restated $450 million credit facility. The amended and restated credit agreement extends the term of the agreement...
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January 15, 2014, 07:37 AM
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KeyBank Business Capital, which provides asset based lending, has hired seasoned ABL banker Christopher R. Snyder. Snyder will work with businesses located in Central and Southern Ohio, Kentucky and Central Indiana. He is based in Cincinnati. “Chris...
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January 10, 2014, 07:57 AM
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CNL Healthcare Properties has secured a corporate line of credit in the initial amount of $120 million. KeyBank N.A. is serving as the lead arranger and syndication agent with Bank of America, Fifth Third Bank, PNC Bank and Cadence Bank as...
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October 22, 2013, 07:02 AM
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Berkshire Hills Bancorp announced that it has appointed George Bacigalupo Executive Vice President - Commercial Banking responsible for business banking, including the asset-based lending and leasing business lines. Berkshire's Regional Commercial...
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October 16, 2013, 07:59 AM
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AngioDynamics announced it amended its existing credit facilities and successfully refinanced its long-term debt. This new lending facility will improve AngioDynamics' capital structure and provide greater flexibility to support the execution of its...
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September 24, 2013, 07:24 AM
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Beazer Pre-Owned Rental Homes, Inc. today announced that its REIT operating subsidiaries have entered into a new revolving credit facility of $190 million. The credit facility will be used for the acquisition and renovation of single-family homes and...
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September 05, 2013, 07:08 AM
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Epiq Systems, Inc. announced that the company has closed a new $400 million senior secured credit facility. The facility includes a $100 million revolver due August 2018 and a $300 million term loan with a maturity of August 2020. The new facility...
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August 28, 2013, 07:49 AM
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Randy Paine has been named President of KeyBanc Capital Markets Inc., the broker/dealer subsidiary and corporate and investment banking platform of KeyCorp. In connection withPaine's added responsibilities, he will also assume oversight of Key's...
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August 26, 2013, 07:48 AM
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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...
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August 15, 2013, 07:52 AM
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American Realty Capital Healthcare Trust, Inc. announced that on Jul. 24, through its operating partnership, it entered into an amended and restated credit agreement relating to its previously announced credit facility. The amended credit facility...
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July 26, 2013, 07:26 AM
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KeyBank continues to expand its asset-based lending expertise with the addition of middle market banker Karen A. Grexa. She joins KeyBank Business Capital from JP Morgan Chase. Grexa, who is based in one of KeyBank’s midtown New York offices, works...
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July 22, 2013, 08:04 AM
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Centerbridge Capital Partners II, L.P. and its related entities have formed a new business called Carefree Communities, Inc. (Carefree) for the ownership and operation of destination recreational vehicle ("RV") resorts and senior manufactured housing...
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July 12, 2013, 07:27 AM
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Allscripts announced it has closed its new senior secured credit facilities and completed other previously announced capital structure initiatives.
Allscripts recent capital structure initiatives provide the company with improved capital efficiency...
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July 03, 2013, 07:28 AM
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Contrary to predictions for 2013, this is not the year that middle market companies will set new records for mergers and acquisitions. But that doesn't mean the middle market is standing still, according to the most recent quarterly Middle Market...
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June 28, 2013, 07:49 AM
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Materion Corporation entered into a second amended and restated credit agreement on June 20, 2013. The new credit agreement matures on June 20, 2018 and provides for a $375 million committed revolving credit facility, an increase of $50 million over...
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June 26, 2013, 07:18 AM
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Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, completed a $1.7 billion five-year revolving syndicated credit facility with 25 financial institutions that will expire in June 2018 and can be expanded to $1.95 billion...
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June 21, 2013, 07:51 AM
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CoBiz Financial has promoted T.J. Kern to manage CoBiz Structured Finance. The department provides asset-based and private equity-sponsored loans to middle market businesses within the company's footprint.
Kern has almost three decades of experience...
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May 02, 2013, 08:03 AM
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Kona Grill, Inc. an American grill and sushi bar, entered into a new four-year $20 million credit facility with KeyBank. and Stearns Bank. The new facility replaces an existing $6.5 million credit line and term loan.
"We are excited to complete this...
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April 22, 2013, 08:03 AM
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