FLEETCOR Technologies, a global business payments company, successfully closed on an amendment to its pro rata Term Loan A and Revolver A credit facilities. The transaction was leverage neutral and results in a $600 million increase in the Company’s...
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February 09, 2024, 08:02 AM
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Olaplex completed a successful refinancing of its existing secured credit facility with a new credit agreement comprised of a $675 million senior secured term loan facility and a $150 million senior secured revolving credit facility.Goldman Sachs...
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February 24, 2022, 07:35 AM
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Tenable entered into a new credit agreement, which is comprised of a $375.0 million senior secured term loan facility and $50.0 million senior secured revolving credit facility. JPMorgan Chase Bank, Morgan Stanley Senior Funding, Bank of America, and...
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July 08, 2021, 07:45 AM
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Monroe Capital, Oak Hill Advisors (“OHA”) and Barclays Bank (“Barclays”), acting as administrative agent, closed a $325.0 million credit facility to support Vertical Bridge REIT, LLC’s (“Vertical Bridge”) merger with Eco-Site, LLC (“Eco-Site”) and...
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May 18, 2021, 07:57 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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Broadmark Realty Capital obtained a new $135 million secured revolving credit facility with a three-year term. JPMorgan Chase Bank acted as administrative agent for the lending group, which included Barclays Bank PLC, Axos Bank, VNB New York, LLC and...
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February 26, 2021, 07:00 AM
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Online trade finance scale-up Stenn has secured participation from Barclays Bank, Coface SA, and Crayhill Capital Management LP in its latest investment round. The funding is for its core trade financing programme, Stenn Assets Funding, now sized at...
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June 03, 2020, 09:00 AM
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Mattress Firm, Inc., the nation’s leading specialty mattress retailer, announced that it is taking action to strengthen its balance sheet and optimize its store footprint. To achieve these objectives, the Company and its subsidiaries today filed...
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October 08, 2018, 08:01 AM
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SMART Global Holdings, Inc. announced that it has acquired Penguin Computing, Inc., a privately held company and a leader in specialty compute and storage solutions targeting applications in Artificial Intelligence (AI), Machine Learning (ML) and...
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June 12, 2018, 07:00 AM
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Keane Group, Inc. announced that on May 25, 2018 the Company entered into a new senior secured term loan facility in an initial aggregate principal amount of $350 million to refinance its existing term loan credit facility, of which approximately...
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May 30, 2018, 07:13 AM
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ProPetro Holding Corp. announced the successful deployment of its 17th and 18th fleets (45,000 hydraulic horsepower each, or a total of 90,000HHP). The fleets were put into service for existing dedicated customers in January and February and brings...
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March 01, 2018, 07:50 AM
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Barclays Corporate Banking announced the launch of a suite of Green Finance products, designed to help the bank’s clients fund more sustainable projects in the UK and around the world. By accessing specific products aimed at encouraging investment in...
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December 18, 2017, 07:54 AM
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American Airlines, Inc. and American Airlines Group Inc. (AAG) entered into a Second Amendment to Credit and Guaranty Agreement, amending the Credit and Guaranty Agreement dated as of April 29, 2016, among American, AAG, the lenders from time to time...
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August 22, 2017, 08:53 AM
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Lear Corporation, a global supplier of automotive seating and electrical systems, announced that it has entered into a new credit agreement to refinance its existing credit facilities. The new credit agreement consists of a $1.75 billion revolving...
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August 09, 2017, 07:20 AM
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Southcross Energy Partners, L.P. announced that it has secured an amendment to its revolving credit agreement. The amendment provides for a full two-year suspension of leverage covenants in the credit agreement through 2018. The amendment also...
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January 05, 2017, 07:20 AM
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KPS Capital Partners anounced its portfolio company Expera Specialty Solutions, LLC has completed its second successful recapitalization. Expera raised $335 million of financing, including a $50 million senior secured revolving credit facility and a...
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November 04, 2016, 07:51 AM
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Talen Energy Supply, an indirect wholly owned subsidiary of Talen Energy Corporation, has successfully priced a $600 million term loan B facility. The net proceeds of the facility are expected to be used in connection with the consummation of the...
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October 20, 2016, 07:09 AM
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RadNet, Inc. announced the successful closing of the previously announced refinancing of its senior secured first lien term loan facility and senior secured revolving credit facility. The refinancing provides for $485 million senior secured first...
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July 01, 2016, 07:53 AM
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Vertical Bridge, the largest private owner and manager of wireless communication infrastructure in the U.S., announced it has closed on a $321 million asset-backed securities offering led by Deutsche Bank Securities and Barclays. The issuance, which...
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June 22, 2016, 07:41 AM
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Talen Energy Corporation, a competitive energy and power generation company that owns or controls 16,000 megawatts of capacity in eight states, has entered into a definitive merger agreement with affiliates of Riverstone Holdings LLC, a private...
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June 06, 2016, 07:21 AM
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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...
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May 11, 2016, 08:01 AM
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Mattress Firm Holding Corp., the nation's largest specialty mattress retailer, today announced the completion of its acquisition of all of the outstanding equity interests in HMK Mattress Holdings LLC, the holding company of Sleepy's and related...
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February 08, 2016, 08:00 AM
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Prime Healthcare Services, Inc. announced that it has closed a $700 million senior secured credit facility led jointly by Wells Fargo Bank, N.A. and Barclays Bank, PLC. ABL Advisor has learned that Wells Fargo Capital Finance (WFCF) was the joint...
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January 27, 2016, 07:17 AM
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Tallgrass Energy Partners has increased its revolving credit facility from $850 million to $1.1 billion, and has an option to further increase the revolving credit facility by up to an additional $400 million of commitments to $1.5 billion. The...
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November 30, 2015, 07:37 AM
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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...
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June 24, 2015, 07:49 AM
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Sirius XM Holdings Inc. announced that its subsidiary, Sirius XM Radio Inc., has entered into an amendment to its existing senior secured revolving credit facility with a syndicate of banks and other financial institutions to increase total...
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June 17, 2015, 07:53 AM
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Masonite International Corporation entered into an Amended and Restated $150 million asset-based revolving credit facility, which is secured by the company’s inventory and accounts receivable in the United States and Canada. The company increased the...
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April 10, 2015, 07:09 AM
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Equinix, Inc., the global interconnection and data center company, announced the closing of its $1.5 billion five-year senior secured credit facility with a syndicate of eleven financial institutions. The senior credit facility consists of a $1.0...
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December 19, 2014, 07:18 AM
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Oceaneering International, Inc. entered into a new credit agreement providing for a $300 million three-year delayed-draw term loan and a $500 million five-year revolving credit facility. The new credit agreement replaces a prior agreement that was...
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October 28, 2014, 07:13 AM
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Mattress Firm Holding Corp. (the Company) announced the completion of its acquisition of all of the outstanding equity interests in The Sleep Train, Inc. for an aggregate purchase price of $425 million, subject to working capital and other customary...
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October 21, 2014, 07:53 AM
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Level 3 Communications, Inc. announced that its wholly owned subsidiary, Level 3 Financing, has received commitments from lenders to increase the borrowings under its existing senior secured credit facility through the creation of a new $2 billion...
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October 14, 2014, 07:15 AM
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Atlas Pipeline Partners, L.P. announced the Partnership has successfully amended its revolving credit facility, significantly increasing the Partnership's borrowing capacity, extending the term of the facility, and lowering borrowing costs. The new...
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August 29, 2014, 07:28 AM
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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...
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August 01, 2014, 07:08 AM
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Seadrill Partners LLC announced that it is launching a proposed U.S.$1 billion senior secured term loan B, which will be borrowed on substantially the same terms as the company's existing U.S.$1.8 billion senior secured term loan B incurred in...
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June 06, 2014, 06:56 AM
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On May 14, 2014, J. C. Penney Corporation, Inc., a wholly-owned subsidiary of J. C. Penney Company, Inc. entered into a commitment letter, with Wells Fargo Securities, LLC, Wells Fargo Bank, National Association, Bank of America, N.A., Merrill Lynch...
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May 20, 2014, 07:36 AM
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Visteon Corporation entered into a credit agreement for a total commitment of $800 million, including a $600 million seven-year term loan B with a final maturity date of April 9, 2021, and a $200 million five-year revolving credit facility with a...
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April 10, 2014, 07:43 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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Seadrill Partners LLCt has upsized the proposed $1.7 billion term loan B announced on January 31 to $1.8 billion and priced the term loan at Libor plus 3%, the low end of the range. Concurrent with the term loan, the Company will obtain a $100...
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February 18, 2014, 07:19 AM
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National Mentor Holdings, Inc. announced that it has entered into new senior secured credit facilities (the “New Senior Secured Credit Facilities”) with Barclays Bank PLC, as administrative agent, and a syndicate of banks, to replace its existing...
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February 03, 2014, 07:46 AM
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On January 23, 2014, Jazz Pharmaceuticals, as guarantor, and three of its wholly-owned subsidiaries, Jazz Pharmaceuticals, Inc. (the "U.S. Borrower"), Jazz Financing I Limited and Jazz Pharmaceuticals Ireland Limited, as borrowers (collectively with...
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January 24, 2014, 07:07 AM
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Patriot Coal Corporation announced that its debtor-in-possession financing has been extended to December 31, 2013. In a previous release from Jul. 2012, the company announced that the Bankruptcy Court for the Southern District of New York granted...
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September 12, 2013, 07:12 AM
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Delek Logistics Partners increased its lender commitments under its revolving bank credit facility to $400 million from $175 million to support the future growth of its business. Fifth Third Bank is the administrative agent, Bank of America, N.A. and...
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July 11, 2013, 07:11 AM
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Cenveo, Inc. announced that its subsidiary, Cenveo Corporation, has completed the refinancing of its existing senior secured Term B Loan and revolving credit facility with an amended and restated $360 million Term B Loan facility, through Bank of...
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April 17, 2013, 07:55 AM
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