Bank of America named Ed Siaje President of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank’s eight lines of... Read Story

On November 13, 2024, Wheels Up Experience Inc. closed its new $332 million revolving equipment notes facility with Bank of America, and completed the acquisition of GrandView Aviation's fleet of 17 Embraer Phenom 300 and Phenom 300E aircraft, and... Read Story

Hilton Grand Vacations closed on an upsized $850 million revolving warehouse facility. The facility will accommodate both deeded and trust inventory including loans from legacy Bluegreen Vacations, which HGV acquired in January 2024. The facility... Read Story

Tempur Sealy International has successfully closed on a senior secured Term Loan B facility in an aggregate principal amount of $1.6 billion (the "Term Loan B"). The Term Loan B will mature seven years after the date of closing. The Company also... Read Story

Bank of America announced that David Dowd has been named president of Bank of America Asheville. As president, Dowd will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise... Read Story

Alaska Communications, a provider of mission-critical and life-critical communications infrastructure in Alaska, announced a major financial advancement with the establishment of a new five-year $390 million senior secured credit facility. The funds... Read Story

United Leasing & Finance successfully closed a $125 million revolving credit facility and a $300 million warehouse facility. These strategic facilities will significantly enhance the company's capacity to support the equipment needs of its growing... Read Story

Helix Energy Solutions Group amended its existing asset-based revolving credit facility (the “ABL Facility”) as of August 2, 2024. The amendment extends the term of the ABL Facility from September 30, 2026 to August 2, 2029 subject to earlier senior... Read Story

Bank of America named Drew Slocum as President of Bank of America Wisconsin. Slocum will lead the Wisconsin market and will be responsible for connecting clients, teammates and communities to the bank’s eight lines of businesses and the full power of... Read Story

Bank of America named Michael Garand as President of Bank of America Worcester. As president, Garand will lead the Worcester market and will be responsible for connecting clients, teammates and communities to the bank’s eight lines of businesses and... Read Story

Barnes & Noble Education successfully closed its milestone equity and refinancing transactions with Immersion Corporation and certain of the Company’s existing stockholders and strategic partners. These transactions will significantly strengthen... Read Story

Stonebriar Finance Holding completed significant increases and extensions to its primary credit facilities as it positions itself for continued growth. In April, Stonebriar increased the size of its unsecured revolving credit facility to over $500... Read Story

Bowman Consulting Group entered into a $100 million aggregate revolving credit agreement with Bank of America as Administrative Agent, and TD Bank as Syndication Agent. With a five-year term, the Credit Agreement replaces the Company’s $70 million... Read Story

A majority of small and mid-sized business owners expect their revenues to increase this year, and their worries over a recession have declined substantially, according to the 2024 Bank of America Business Owner Report, conducted in partnership with... Read Story

DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, established a new $725 million credit facility with which to finance its ongoing and future data center construction projects. The new... Read Story

AmeriTex Holdings closed its new $155 million credit facility with Bank of America on April 5, 2024, to combine with its $530 million in Senior Notes raised with BofA Securities on October 5, 2023, to continue its growth in products and other... Read Story

Progress, a provider of infrastructure software, entered into a Fourth Amended and Restated Credit Agreement, which provides a revolving credit facility in an aggregate principal amount of $900 million, and replaces the Company’s existing secured... Read Story

SLR Equipment Finance closed a new $350 million credit facility with Bank of America and Truist Bank to support the growth of its equipment finance business over the next several years.SLR Equipment Finance specializes in providing custom equipment... Read Story

Montrose Environmental Group has upsized its senior secured credit Agreement to $400 million. The additional $100 million of availability includes a $50 million increase in the revolving credit facility to $175 million and a $50 million increase to... Read Story

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... Read Story

Kirkland's, a specialty retailer of home décor and furnishings, entered into a supplemental credit facility on January 25, 2024, which will increase its available credit by up to $12 million.To support its strategic repositioning efforts, Kirkland's... Read Story

Bank of America has named Naveed Shujaat President of Bank of America Central Florida. He succeeds Steve Alch, who has decided to step away from the role after nearly a decade to focus on his leadership position as Merrill Southeast Division... Read Story

SunOpta, a U.S.-based global pioneer fueling the future of sustainable, plant-based foods and beverages, announced that on December 8, 2023, the Company entered into a new $180 million term loan credit facility and a new $85 million revolving credit... Read Story

Digi International, a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, entered into a new senior secured credit facility.The new bank debt provides Digi a $250 million senior... Read Story

Grindr, the world’s largest social network for the LGBTQ community, completed a refinancing via a new $300 million Term Loan A facility and a $50 million Revolving Credit facility. The joint lead arrangers of the transaction are J.P. Morgan, Bank of... Read Story

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... Read Story

Versana announced that industry veterans Christine Scaffidi and Christopher Fonte have joined the company as Head of Product and Head of Sales, respectively, reporting directly to Cynthia Sachs, Founding CEO. Each brings decades of valuable banking... Read Story

Neiman Marcus Group announced that on October 27, 2023 it entered into a Fourth Amendment to the Credit Agreement governing the Company's $900 million asset-based lending facility, led by Bank of America as Administrative Agent and Collateral Agent... Read Story

Hilton Grand Vacations announced the successful re-pricing of its existing $1.3 billion Term Loan B, maturing Aug. 2, 2028. The new pricing will be SOFR plus 275 basis points, down from SOFR plus 300 basis points. Additionally, the interest rate... Read Story

Bloomberg reported private debt defaults will reach 5% by early 2024 as portfolios see an estimated one-third of deals come due in the next two-and-a-half years, according to a new report from Bank of America credit strategists Neha Khoda and Dong Ba... Read Story

Bank of America named Tyrone Noel as President of Bank of America Hampton Roads. As President, Noel will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise, driving integration... Read Story

Enfusion, a leading provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, entered into a new $100 million revolving credit facility. The lenders under the credit facility are primarily a syndicate of Enfusion’s... Read Story

Capteris announced the closing of a new $350 million credit facility to support the growth of its equipment finance business. The lenders partnering with Capteris include Truist Bank as administrative agent and Bank of America.  Capteris specializes... Read Story

OPAL Fuels, a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, closed a new $500 million senior secured credit facility. The Credit Facility consolidates certain existing indebtedness and... Read Story

Post Road Equipment Finance (PREF) increased its non-recourse senior warehouse facility to $700 million of aggregate commitments.The overall facility size was increased from $550 million to $700 million through the addition of Wells Fargo Bank as a... Read Story

The Liberty Company Insurance Brokers (Liberty), one of America’s fastest-growing privately held insurance brokerages, completed a $340 million refinancing transaction on July 31, 2023. The offering was well received by the banking community and was... Read Story

Bowman Consulting Group completed a First Amendment to Amended and Restated Credit Agreement with respect to the Company’s revolving credit facility with Bank of America. The First Amendment increases the maximum principal amount under the Revolver... Read Story

Griffon Corporation amended its credit agreement to increase the size of its revolving credit facility from $400 million to $500 million, and extend the maturity of the Revolver Facility from March 22, 2025 to August 1, 2028. The Amended Credit... Read Story

Myriad Genetics, a leader in genetic testing and precision medicine, established a new $90 million asset-based credit facility with JPMorgan Chase Bank as administrative agent and issuing bank, and the other lender parties thereto consisting of Wells... Read Story

Service Properties Trust entered into a new $650 million secured revolving credit facility. The maturity date of the new facility is June 29, 2027, and includes two six-month extensions at the borrower’s option. Interest paid on drawings under the... Read Story

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

Vince Holding Corp., a global contemporary retailer, entered into a new five-year credit agreement for an $85 million senior secured asset-based revolving credit facility expected to mature in June 2028. The new ABL Credit Facility was entered into... Read Story

The Eastern Company, an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, established of a new $90 million 5-year senior secured credit facility. The new facility... Read Story

Corcentric, a leading global provider of best-in-class procurement and finance solutions, secured a new $315 million senior credit facility. The capital raise consists of a $250 million senior secured asset-based loan revolver from Bank of America... Read Story

Verdant Commercial Capital expanded its funding capacity with the addition of a new $150 million warehouse line of credit provided by Bank of America.This additional capacity will allow Verdant to finance even more equipment for its existing vendor... Read Story

Hannon Armstrong Sustainable Infrastructure Capital (HASI), a leading investor in climate solutions, amended its revolving credit facility effective immediately, increasing the committed line under the revolving credit facility by $240 million to... Read Story

Alterna Capital Solutions (ACS), a specialty and alternative financing lender to small businesses experiencing growth, added Bank of America to its Senior Lending syndicate that includes Truist Financial and is led by Wells Fargo Capital Finance. The... Read Story

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

The majority of U.S. small business owners (72 percent) are concerned about the impact of a potential recession, however, 76 percent are confident their business could withstand the downturn, according to the Bank of America 2023 Small Business Owner... Read Story

CVC Credit announced that it has priced Apidos XLV (45), a new issue Collateralized Loan Obligation (“CLO”) vehicle totalling $500 million (c.€450 million). Bank of America served as lead arranger. Apidos XLV is the fifth CLO priced by CVC Credit’s... Read Story

Bank of America has named Scott Vanderpool as President of Bank of America Phoenix. The company also announced that widely known business leader Benito Almanza plans to retire April 6 after 45 years of service with the company and 22 years as Phoenix... Read Story

Entravision, a leading global advertising solutions, media and technology company, announced that on March 17, 2023 the Company entered into a new $275 million credit facility, consisting of a $200 million term loan A and a $75 million revolving... Read Story

Bank of America, Citigroup, JPMorgan Chase and Wells Fargo announced they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY-Mellon... Read Story

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

Apollo Commercial Real Estate Finance closed two financing facilities, including one asset backed facility and one revolving credit facility.The first facility is a master repurchase agreement with Banco Santander, S.A. New York Branch. The facility... Read Story

Bank of America named Vaughn Reynolds President of Bank of America Columbia. The company also announced that well-known South Carolina business and community leader Kim Wilkerson plans to retire in March after 42 years with the bank and nearly two... Read Story

Altus Power closed on a revolving credit facility which provides the company with up to $200 million in financing to support its growth of assets and ability to serve additional customers with solar energy generation, storage and vehicle charging.... Read Story

Bank of America named Jim Morehead president of Bank of America Seattle. The company also announced that Alex Yang will become Seattle Market Executive, replacing Jeremey Williams who was recently promoted to Community Relations Manager (CRM)... Read Story

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

Fashion apparel retailer Express, Inc. announced two transactions in support of a comprehensive plan to refinance its capital structure and expand its liquidity access while concurrently reducing interest rate exposure and providing flexibility to... Read Story

Global professional services firm Huron has amended and extended its senior secured credit facility.Among other items, the amended and restated credit facility: Extends the maturity date from September 27, 2024, to November 15, 2027; Maintains... Read Story

Pathway Homes, a real estate platform, entered into a secured credit facility in the aggregate amount of $225 million, with Bank of America, acting as Administrative Agent and Sole Lead Arranger. This is Pathway's inaugural credit facility and... Read Story

Nicole Cangelosi was named Senior Vice President, Head of Retail Finance Group Underwriting and Origination, at Bank of America Business Capital, based in New York City.  Cangelosi is responsible for a team of underwriters and analysts dedicated to... Read Story

Charles River Associates, a worldwide leader in providing economic, financial, and management consulting services, announced a new and expanded revolving credit facility with a bank syndicate comprised of five lenders. The five-year facility is for... Read Story

Saks.com has upsized its existing asset-based revolving credit facility arranged by Bank of America increasing borrowing capacity from $350 million to $450 million. Concurrently, Saks upsized its senior secured term loan facility, of which Pathlight... Read Story

Sabre Corporation refinanced a portion of its existing indebtedness. Sabre incurred no additional indebtedness as a result of the refinancing above the refinanced amount, other than amounts covering the original issue discount (OID), certain interest... Read Story

Radiant Logistics secured a new $200.0 million syndicated secured revolving credit facility to replace its existing $150.0 million revolving facility. The Secured Facility enhances the Company's financial flexibility, providing increased capacity to... Read Story

McGrath RentCorp completed a $650 million credit facility with a syndicate of banks. The five year facility matures on July 15, 2027 and replaces the Company’s existing $420 million line of credit. BofA Securities served as Joint Lead Arranger and... Read Story

Bank of America has named Brian King as President of Bank of America Maine. King succeeds Bill Williamson, who held the position for 10 years and has announced his decision to retire next year after more than 40 years with the company. As President... Read Story

Helix Energy Solutions Group completed the previously announced acquisition of all of the equity interests of the Alliance group of companies expanding its decommissioning presence in the Gulf of Mexico shelf and advancing Helix’s environmental... Read Story

U.S. Physical Therapy, a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, closed a $325 million, five-year credit facility that includes a $150 million term loan and a $175 million... Read Story

Lucid Group announced entry into a Credit Agreement (the "Credit Agreement") on June 9, 2022. Bank of America is the administrative agent and swingline lender on the transaction. Other lenders in the initial bank syndicate include Citigroup; Barclays... Read Story

DHI Group signed an amended and restated credit agreement increasing the size from a $90 million revolving credit facility to a $100 million revolving credit facility, with an accordion feature for an additional $50 million. The facility, previously... Read Story

HireRight Holdings amended and upsized its revolving credit facility, increasing the committed line under the Revolving Facility to $145 million, effective June 3, 2022. As part of the expanded Revolving Facility, Goldman Sachs, Royal Bank of Canada... Read Story

RH announced the completion of an incremental $500 million term debt financing.Consistent with the strategy of the original $2.0 billion term debt financing in October, 2021, the additional $500 million represents an attractive cost of capital and... Read Story

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

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

Bank of America named Carolyn Rainey President of Bank of America Charlottesville.As President, Rainey will be responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to people and companies... Read Story

Clarus Corporation, a global company focused on the outdoor and consumer enthusiast markets, amended and upsized its existing senior secured credit facility jointly led by JPMorgan Chase Bank and Bank of America, with U.S. Bank, Regions Bank, Wells... Read Story

ProPetro Holding Corp. extended its existing asset-based loan facility to a five-year term and a reduction of commitments from $300 million to $150 million. The Amended ABL will extend the maturity from 2023 to 2027 and, through updated advance... Read Story

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

Trimble entered into a new five-year, $1.25 billion revolving credit facility. This facility links two of Trimble's sustainability commitments—reducing greenhouse gas emissions and increasing gender diversity with more female representation in the... Read Story

Sprouts Farmers Market closed a $700 million revolving credit facility under a credit agreement dated as of March 25, 2022. The Revolving Credit Facility and Credit Agreement refinance the Company’s previously existing $700 million revolving credit... Read Story

Versana announced its plans to launch a leading-edge, industry-backed syndicated loan platform, joining together banks, institutional lenders and their service providers to bring transparency, efficiency and velocity to this $5 trillion... Read Story

Regions Bank announced it has hired Dave Strickert to lead Corporate Credit Products, part of Regions’ Credit Products Group within Corporate Banking.Strickert joins Regions after a 30-plus-year career at Bank of America, where he most recently... Read Story

Sabre Corporation refinanced a portion of its existing indebtedness. Sabre incurred no additional indebtedness as a result of the refinancing above the refinanced amount, other than amounts covering certain interest, fees and expenses. The... Read Story

Ameresco, a leading energy efficiency and renewable energy company, entered into an amendment and restatement to the company’s current senior secured credit facility with a group of lenders led by Bank of America. This amendment and restatement... Read Story

Bank of America Business Capital announced that Jennifer Cann joined as Senior Vice President and Head of the Retail Finance Group Portfolio. Based in Boston, Cann manages the ABL Retail Portfolio team responsible for credit, monitoring and strategic... Read Story

Tetra Tech, a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, established a $1 billion sustainability-linked credit facility.The credit facility increases the Company’s borrowing... Read Story

Progress entered into an amended secured credit facility in the aggregate amount of $575 million, including a $275 million senior secured term loan and a $300 million revolving line of credit. The credit facility may be incrementally expanded by an... Read Story

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

Hilton Grand Vacations refinanced and increased the capacity under the existing revolving facility from $800 million to $1 billion. As of the transaction close, $699 million remains available under the revolver. Bank of America will remain as the... Read Story

Bank of America has named Rita Sola Cook as President of Bank of America Chicago. Cook succeeds Paul Lambert, who announced his retirement after 30 years with the company.As Chicago president, Cook will be responsible for connecting the banking and... Read Story

Resolute Forest Products announced a reset of the five-year maturity of its senior secured asset-based revolving credit facility ("ABL credit facility") with an aggregate lender commitment of up to $450 million at any time outstanding, subject to... Read Story

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

KBR announced that on November 18, 2021, the company successfully closed the fifth amendment to its credit agreement dated April 25, 2018, as previously amended. According to an SEC filing, Bank of America acted as administrative agent, swing line... Read Story

Bank of America Business Capital announced that John J. Lim has joined the Metro NYC team as a Senior Business Development Officer. Based in New York City, he will provide asset-based lending solutions and banking products to large corporate and... Read Story

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

Hilco Global announced that long time Bank of America executive Betsy Ratto will join the Hilco Global team as Senior Vice President of Capital Solutions with responsibility to drive business for ReStore Capital and Hilco Corporate Finance.In this... Read Story

Bank of America named Al McRae as President of Bank of America Atlanta. McRae succeeds Wendy Stewart, who was recently named a member of the company’s senior management team and the President of Global Commercial Banking.Stewart will continue to be... Read Story

Summit Midstream Partners announced that Summit Midstream Holdings, LLC, a Delaware limited liability company, and Summit Midstream Finance Corp., a Delaware corporation, which are subsidiaries of the Partnership, closed a private offering of... Read Story

RH announced the completion of a $2 billion debt financing by means of a Term Loan Credit Agreement through its subsidiary, Restoration Hardware, Inc. (“RHI”), as the borrower, Bank of America as administrative agent and collateral agent, and the... Read Story

According to an SEC filing, on October 6, 2021, FWR Holding Corporation, a Delaware corporation (“FWR”), an indirect subsidiary of First Watch Restaurant Group, Inc., a Delaware corporation (the “Company”), entered into a credit agreement, dated as... Read Story

Renewable Energy Group extended and increased its line of credit with Wells Fargo Capital Finance, Fifth Third Bank, and Bank of America to a maximum of $250 million. This is a five-year extension through September 2026 of the company’s existing line... Read Story

Helix Energy Solutions Group entered into a new $80 million asset-based revolving credit facility with a syndicated banking group. The ABL Facility replaces Helix's existing credit facility and term loan, which was concurrently repaid in full. Bank... Read Story

Huttig Building Products entered into a new $250 million senior credit facility. The facility has a five-year tenure and can be expanded to $325 million through an uncommitted $75 million accordion, subject to certain conditions. JPMorgan Chase Bank... Read Story

CCC Intelligent Solutions completed the successful refinancing of its existing secured credit facility with a new credit agreement comprised of an $800 million senior secured term loan facility and a $250 million senior secured revolving credit... Read Story

Ritchie Bros. Auctioneers announced the closing of an amendment and extension of its credit agreement totaling US$1.045 billion with a syndicate of lenders comprising:     Multicurrency revolving facilities of up to US$750 Million     A... Read Story

Flowserve Corporation amended and restated its $800 million Revolving Credit Facility and added a new $300 million Term Loan Facility (together the “Senior Credit Facility”) with Bank of America and certain other lenders. The Senior Credit Facility... Read Story

Forum Energy Technologies entered into an amendment to its asset-based revolving credit facility. The key elements of the amendment include: (i) the maturity has been extended, subject to certain exceptions, to September 2026; (ii) the facility size... Read Story

Bank of America announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders.The company is adding five new members, including three women, to the senior... Read Story

Bank of America has named Marc Perez as President of Bank of America Long Island. Perez succeeds Bob Isaksen, who held the position for 17 years and will continue in his role as the region’s business banking market executive and an active local... Read Story

Corsair Gaming, a leading global provider and innovator of high-performance gear for gamers and content creators, completed the successful refinancing of its 2017 credit facilities with borrowings under a new $350 million credit facility, consisting... Read Story

TransPerfect, the world's largest provider of language and technology solutions for global business, refinanced its existing credit facility with a new $500 million credit facility (consisting of a $250 million term loan and a $250 million revolving... Read Story

The Greenbrier Companies, a leading international supplier of equipment and services to global freight transportation markets, announced the renewal and extension of three bank facilities totaling over $1.0 billion. Greenbrier successfully renewed... Read Story

Bank of America announced the retirement of Anne Finucane, Vice Chairman, and Thomas Montag, Chief Operating Officer and President of Global Banking and Markets. Both executives are members of the company’s executive management team and report to... Read Story

Rite Aid Corporation (NYSE: RAD) entered into an amendment to its senior secured credit agreement, which, after giving effect to the amendment, consists of a $2.8 billion senior secured asset-based revolving credit facility and a $350 million... Read Story

Graybar completed the amendment and extension of its unsecured committed revolving credit facility. The amendment, among other things, extended the company's five-year $750 million revolving credit facility. The new facility matures in August 2026... Read Story

L.B. Foster Company, a leading provider of products and services for the rail industry and solutions to support critical infrastructure projects, announced that on August 13, 2021, it entered into a Fourth Amended and Restated Credit Agreement to... Read Story

Chase Corporation entered into a new amended and restated credit agreement with Bank of America, as administrative agent, and with participation from Wells Fargo Bank, PNC Bank and JPMorgan Chase Bank.The new credit agreement was entered into to... Read Story

Organogenesis Holdings announced a new credit agreement with Silicon Valley Bank, the lead agent, and several other lenders. The agreement provides for a credit facility in the aggregate principal amount of $200 million, consisting of a $75 million... Read Story

Hardwoods Distribution Inc. completed its previously announced acquisition of the equity interests in Novo Building Products Holdings, LLC ("Novo"). The Acquisition was completed for a purchase price of U.S.$302 million and had an effective closing... Read Story

Sabre Corporation refinanced of a portion of its existing indebtedness, including the repayment in full of its Term Loan B facility and its Revolving Credit Loan facility, and termination of the revolving commitments thereunder. Sabre incurred no... Read Story

Vivint Smart Home announced that APX Group, Inc. (the “Issuer”), an indirect, wholly owned subsidiary of the Company, completed its offering of $800.0 million aggregate principal amount of 5.75% senior notes due 2029 (the “Notes”) in a private... Read Story

JOANN, the nation’s category leader in sewing and one of the fastest growing competitors in the arts and crafts category, successfully completed the refinancing of its existing covenant-lite first lien term loan facility due October 2023. Bank of... Read Story

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... Read Story

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

Clarus Corporation, a global company focused on the outdoor and consumer enthusiast markets, announced that in connection with its acquisition of Rhino-Rack, it has amended and upsized its existing senior credit facility led by JPMorgan Chase Bank... Read Story

Sonoco, one of the largest global diversified packaging companies, entered into a new five-year $750 million revolving credit facility with a syndicate of banks. The Credit Agreement replaces an existing credit facility entered into on July 20, 2017... Read Story

Lakeland Industries, a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, significantly expanded its credit facility with Bank of America in support of its... Read Story

Stonebriar Commercial Finance closed a new $200 million, three-year committed unsecured revolving credit facility (“RCF”) as the Company continues to diversify funding sources and increase financial flexibility.      The RCF will supplement the... Read Story

Carver Bancorp, the holding company for Carver Federal Savings Bank ("Carver"), a certified Minority Depository Institution ("MDI"), and Bank of America closed a Senior Secured Social Impact Revolving Credit Facility with BlackRock's Alternative... Read Story

Olympic Steel, a leading national metals service center, amended and extended the maturity of its existing $475 million, five-year asset-based revolving credit facility through June 16, 2026. Bank of America is the Administrative Agent and Joint Lead... Read Story

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... Read Story

Douglas Dynamics refinanced its existing $375 million in senior secured credit facilities with a new $225 million Term Loan A facility and $100 million senior secured revolving credit facility due June 2026. JPMorgan Chase Bank acted as... Read Story

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

Bank of America named Kieth Cockrell as president of Bank of America Charlotte. Cockrell succeeds Charles Bowman, who has served as Charlotte market president since 2007.Bowman will continue in his role as President of North Carolina. He will also... Read Story

Phibro Animal Health Corporation entered into an amended and restated credit agreement. Under the amended and restated credit agreement, the lenders agreed to extend credit to the Company in the form of Term A loans in an aggregate principal amount... Read Story

R.R. Donnelley & Sons completed an amendment to the credit agreement for its senior secured asset-based revolving credit facility with Bank of America, JPMorgan Chase Bank, PNC Bank, and Wells Fargo Bank, acting as joint lead arrangers and joint book... Read Story

Bank of America acquired Axia Technologies (“AxiaMed”), an industry-leading health care payment and technology company focused on facilitating secure patient payments.The acquisition will deepen and expand Bank of America’s payment offerings for... Read Story

Carpenter Technology Corporation completed a $300 million syndicated credit facility by amending and restating the Company’s existing Credit Agreement which had been set to expire on March 31, 2022. The Credit Facility extends the maturity to March... Read Story

Bank of America named Heather Albright as President of Bank of America Arkansas. Albright succeeds Donnie Cook who has led the market for the past 16 years and recently announced his retirement earlier this month.As president, Albright will be... Read Story

According to an 8K filed with the SEC, on March 8, 2021, Illumina, Inc. entered into a credit agreement by and among the Company, as the borrower, the lenders from time to time party thereto and Bank of America, as administrative agent.The Credit... Read Story

Utz Brands announced the closing of its term loan refinancing. Bank of America, Goldman Sachs and Credit Suisse acted as Joint Bookrunners and Joint Lead Arrangers on the New Term Loan. Bank of America is the Administrative Agent. As part of the... Read Story

DocuSign, Inc. announced the closing of a new $500 million, five year senior secured revolving credit facility. The facility will be undrawn at closing and carries an accordion feature allowing for an additional $250 million of capacity, subject to... Read Story

Tuesday Morning and certain of its subsidiaries announced that it has successfully completed its financial and operational reorganization and emerged from Chapter 11.Tuesday Morning is supported by a $110 million asset-backed lending facility... Read Story

Specialty retailer rue21 (r21 Holdings, Inc.) announced that its strong financial position has enabled it to refinance its existing term loan, increase available liquidity and lower its cost of capital. rue21 amended its asset based credit facility... Read Story

Sidley represented Invitation Homes Inc. in a $3.5 billion sustainability-linked syndicated credit facility agented by Bank of America, N.A., with BBVA USA acting as Sustainable Agent and Coordinator. The credit facility consists of a US$1 billion... Read Story

Oaktree Specialty Lending Corporation entered into an amendment to its amended and restated senior secured credit facility among the Company, the lenders party thereto, ING Capital LLC, as administrative agent, ING Capital LLC, JPMorgan Chase Bank, N... Read Story

SUMR Brands, a global leader in premium infant and juvenile products, announced that it has entered into a Third Amended and Restated Loan and Security Agreement with Bank of America, N.A. that replaces its prior $48.0 million asset-based revolving... Read Story

Reliance Steel & Aluminum Co. announced that it has entered into an amended and restated $1.5 billion five-year unsecured revolving credit facility that will replace its existing credit agreement. The Facility includes an increase option for up to an... Read Story

Bank of America announced that Seth Benefield has been named head of Bank of America Business Capital (BABC) and Asset-Based Financing, succeeding Karen Sessions, who was named Head for the Pacific Southwest Region of Global Commercial Banking at... Read Story

Bank of America has named Ted Janicki as Buffalo market president. Janicki succeeds Market President Kevin Murphy, who recently retired after more than 30 years with Bank of America.As market president, Janicki will be responsible for connecting the... Read Story

Ritchie Bros. Auctioneers Incorporated, the world's largest industrial auctioneer and a leading equipment distributor, announced the closing of an amendment and extension of its credit agreement totaling US$630 million with a syndicate of lenders... Read Story

Key Tronic Corporation, a provider of electronic manufacturing services (EMS), announced the closing of a new credit facility to aid with expected growth.On August 14, 2020, Key Tronic Corporation and certain of its domestic subsidiaries entered into... Read Story

lululemon athletica inc. announced that it has entered into a definitive agreement to acquire MIRROR, a leading in-home fitness company that created an interactive workout platform that features live and on-demand classes, for a purchase price of... Read Story

The Brink’s Company announced an amendment to its existing credit agreement that provides long-term covenant relief and added flexibility to execute its strategic plan. The amendment changes the methodology for calculating the company’s leverage... Read Story

Danaher entered into a new $2.5 billion 364-day revolving credit facility (the “Credit Facility”) with Bank of America, N.A., as Administrative Agent, and a syndicate of lenders from time to time party thereto, which replaces the existing $5.0... Read Story

Macy’s, Inc. announced the closing on approximately $4.5 billion of new financing, including its previously announced $1.3 billion of 8.375% senior secured notes, as well as a new $3.15 billion asset-based credit agreement. In addition, the company... Read Story

ABM, a leading provider of facility solutions, announced it has successfully completed an amendment to its senior, secured credit agreement.  The Company is a party to a syndicated credit facility comprised of an $800 million revolving line of credit... Read Story

Regis Corporation, a leader in the haircare industry, whose primary business is franchising, owning, and operating technology enabled hair salons, announced that it successfully amended its $295 million revolving credit facility that expires in March... Read Story

Guess?, Inc. entered into an Amendment Number Three to Loan, Guaranty and Security Agreement (the “Third Amendment”) by and among the Company, Guess? Retail, Inc., Guess.com, Inc. (collectively, the “U.S. Borrowers”), Guess? Canada Corporation... Read Story

After posting a dismal earnings report, with a 45% drop in profits for the first quarter, Bank of America announced it will set aside $3.6 billion to cover delinquent loans in the quarter.JPMorgan Chase and Wells Fargo have taken similar actions.... Read Story

Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that its wholly owned subsidiary Kennedy-Wilson, Inc. has extended its existing $500 million unsecured corporate revolving credit facility with a global group of nine... Read Story

TopBuild Corp. (BLD) the leading installer and distributor of insulation and building material products in the United States, has entered into a new term loan and revolving credit facility, replacing its previous senior secured facilities.  Total... Read Story

Radiant Logistics, Inc. announced that it has secured a new $150.0 million syndicated secured revolving credit facility to replace its existing $75.0 million revolving facility. The Secured Facility enhances the Company's financial flexibility... Read Story

Bank of America has named Terry Cline as market president for Knoxville, TN. Cline succeeds Market President John Hall, who will continue to serve on the Knoxville leadership team.As market president, Cline will be responsible for connecting the... Read Story

Atlas Corp. announced the closing of its $285 million senior secured financing on behalf of its wholly owned subsidiary, APR Energy Ltd., a global leader in fast-track mobile power solutions. The financing program consists of pari passu senior... Read Story

Pier 1 Imports, Inc. (“Pier 1” or the “Company”) announced that it has entered into a Plan Support Agreement (the “PSA”) with a majority of its term loan lenders and is pursuing a sale of the Company. To facilitate an orderly sale process and... Read Story

Griffon Corporation announced that it amended and restated its revolving credit facility  to increase the size of the facility from $350 million to $400 million and extend maturity from March 22, 2021 to March 22, 2025.Bank of America acts as... Read Story

Sequential Brands Group, Inc. amended its Third Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent and collateral agent and the lenders party thereto.  The loans under the Amended BoA Credit Agreement will be... Read Story

Bank of America has named Alberto Garofalo as market president for New Jersey. Garofalo succeeds Market President Bob Doherty, who continues to serve on the New Jersey leadership team and as a wholesale credit manager for the Healthcare, Education... Read Story

Roaring Fork Intermediate, LLC, a Delaware limited liability company (“Holdings”), and Ping Identity Corporation, a Delaware corporation (the “Borrower”), each a wholly-owned subsidiary of Ping Identity Holding Corp.,  entered into a credit agreement... Read Story

Kirkland's, Inc. announced it has amended and extended its $75 million senior secured credit facility with Bank of America, N.A. The $75 million credit facility, with a maturity date of December 2024, replaces the previous facility that was set to... Read Story

SKECHERS USA, Inc., a global footwear leader, announced the closing of a new $500 million, five-year, senior unsecured credit facility. This new credit facility replaces the $250 million asset-backed credit facility that Skechers entered into in 2015... Read Story

Lawson Products, Inc. (LAWS) a distributor of products and services to the MRO marketplace, has entered into a new credit agreement increasing its maximum borrowing capacity from $40 million to $100 million. The new agreement also includes an... Read Story

NIKE, Inc. entered into a Credit Agreement with Bank of America, N.A., as Administrative Agent, Citibank N.A., as Syndication Agent, Deutsche Bank Securities Inc., HSBC Bank USA, National Association and JPMorgan Chase Bank, N.A., as Co-Documentation... Read Story

Celadon Group, Inc. (CGIP) announced that it has refinanced its former revolving credit facility and obtained $165 million in new financing.According to a regulatory filing, Bank of America served as Administrative Agent to the new financing which... Read Story

Global Payments Inc. (GPN), a worldwide provider of payment technology and software solutions, successfully closed a new senior unsecured $2 billion term loan and an unsecured $3 billion revolving credit facility on July 9, 2019 in connection with... Read Story

Bank of America announced that it will no longer finance companies that operate private prisons, barely four months after a similar move by JPMorgan Chase.The decision, reported by multiple media outlets, comes amid increasing public pressure on the... Read Story

MoneyGram International, Inc. reported that it has entered into a new first lien credit agreement and a new second lien credit agreement, each with Bank of America, N.A. acting as administrative agent.The new agreements provide for: a first lien... Read Story

TransPerfect, a New York-based provider of language and technology solutions for global business, refinanced its existing credit facility.A new $450 million credit facility (consisting of a $400m term loan and a $50m revolving credit line) will... Read Story

Brian Moynihan, Chief Executive Officer at Bank of America, was recognized as one of the most Influential thought leaders of 2019 by Barron,s Magazine, the Publication announced.Moynihan, 59, took over in 2010 when Bank of America, still mired in... Read Story

HCP, Inc. announced that it has closed an amended and restated credit agreement providing for a $2.5 billion unsecured revolving credit facility and a new $250 million unsecured term loan facility.The amendment and restatement increased the size of... Read Story

The ONE Group Hospitality, Inc. announced the successful closing of a new credit facility on May 15, 2019 that includes a $10.0 million term loan and a new $10.0 million revolving credit facility. The new credit facility bears an interest rate of... Read Story

U.S. entrepreneurs continue to project a strong business outlook this spring even as confidence in the national and local economy weakened, according to the spring 2019 Bank of America Business Advantage Small Business Owner Report. Health care costs... Read Story

Hyster-Yale Materials Handling, Inc., its wholly owned subsidiaries, Hyster-Yale Group, Inc., Hyster-Yale Nederland B.V., Hyster-Yale International B.V., Hyster-Yale Holding B.V., Bolzoni Capital Holding B.V., Hyster-Yale UK Limited, Bolzoni Capital... Read Story

Charlotte Russe Holdings Corporation together with its subsidiaries announced that the Company has voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware on February 3, 2019.... Read Story

Gibraltar Industries, Inc., a manufacturer and distributor of building products for the residential, industrial, infrastructure, and renewable energy and conservation markets, announced that it has closed on a new $400 million five-year revolving... Read Story

Walgreens Boots Alliance, Inc., the largest retail pharmacy, health and daily living destination across the U.S. and Europe, entered into a revolving credit agreement with the lenders from time to time party thereto and Bank of America, N.A., as... Read Story

Boston Scientific Corporation entered into a $2.750 billion revolving credit agreement  by and among the Company, as borrower, the several lenders party thereto, Bank of America, N.A., as syndication agent and Wells Fargo Bank, National Association... Read Story

Rite Aid Corporation announced that it has entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility... Read Story

Bank of America Kansas City Market President Gary Jankowitz is stepping down to focus on his new line-of-business responsibilities and will be passing the leadership role of market president on to Global Commercial Banking Market Executive Matt... Read Story

Barnes Group Inc. entered into an amendment to its existing revolving credit agreement with certain participating banks and financial institutions. Bank of America, N.A. continues to act as Administrative Agent for the lenders. The Company, together... Read Story

Destination Maternity Corporation  announced that it has signed a commitment letter with Bank of America for a new five year $76 million facility to refinance and replace the Company’s existing $50 million asset based loan and $25 million term loan.... Read Story

Cracker Barrel Old Country Store, Inc.announced that it has entered into a five-year $950 million revolving line of credit. This new credit facility replaces the previous $750 million revolving line of credit. Merrill Lynch, Pierce, Fenner & Smith... Read Story

Methode Electronics, Inc., a global developer of custom engineered and application-specific products and solutions, announced that it has entered into a definitive agreement to acquire Grakon Parent, Inc. (Grakon), a global designer and manufacturer... Read Story

MGM Growth Properties LLC announced that it has completed the previously announced acquisition of the Hard Rock Rocksino Northfield Park for approximately $1.06 billion from Milstein Entertainment LLC. MGP funded the acquisition with cash on hand and... Read Story

iRobot Corporation entered into a First Amendment to Amended and Restated Credit Agreement to its existing unsecured revolving credit facility with Bank of America, N.A. dated December 20, 2013, and a First Amendment to Amended and Restated... Read Story

IQVIA Inc., a wholly-owned subsidiary of IQVIA Holdings Inc. announced that it has placed approximately $1.65 billion of USD and EUR term B loans.Accoring to an 8K filing, Bank of America, N.A. served as administrative agent and as collateral agent.... Read Story

PBF Holding Company LLC, and PBF Energy Inc., entered into a new asset-based revolving credit agreement, among PBF, Bank of America, National Association, as administrative agent, and certain other lenders. The 2018 Revolving Loan replaced the... Read Story

Total System Services, Inc. entered into a Credit Agreement with Bank of America, N.A., as Administrative Agent and L/C Issuer, JPMorgan Chase Bank, N.A., as Syndication Agent, MUFG Bank, Ltd., Capital One, N.A., Regions Bank, SunTrust Bank, TD Bank... Read Story

The financial institution that recently agented a $193 million debtor-in-possession financing for bankrupt gunmaker Remington says that going forward it will no longer provide capital to companies that produce civilain-style assault rifles, like the... Read Story

Danaher Corporation entered into a new $1 billion 364-day revolving credit facility with Bank of America, N.A., as Administrative Agent, and a syndicate of lenders from time to time party thereto. The Credit Facility expires on March 22, 2019.... Read Story

Hanger, Inc. entered into a Credit Agreement by and among the Company, the various financial institutions party thereto as lenders and issuers, and Bank of America, N.A., as agent. The Credit Agreement provides for (i) a revolving credit facility... Read Story

Ashford announced that it has entered into a new $35 million senior revolving credit facility with Bank of America, N.A. The credit facility provides for a three-year revolving line of credit and bears interest at a range of 3.0% - 3.50% over LIBOR... Read Story

Fresh Del Monte Produce Inc. announced that its North America subsidiary, Del Monte Fresh Produce N.A., Inc. completed its previously announced acquisition of Mann Packing Co., Inc., an award-winning innovator and leading grower, processor and... Read Story

Conagra Brands, Inc. entered into a Term Loan Agreement with Bank of America, N.A., as administrative agent and lender. The Credit Agreement provides for term loans to the Company in an aggregate principal amount not in excess of $300.0million.On... Read Story

Tops Markets, LLC announced that it is pursuing a financial restructuring in order to eliminate a substantial portion of debt from the Company’s balance sheet and position Tops for long-term success.Tops stores across the Company’s portfolio in... Read Story

Xplore Technologies, a provider of rugged tablet PCs, announced that it has entered into an amendment to its secured line of credit with Bank of America increasing the maximum revolver amount to $20 million. The original facility was entered into in... Read Story

The Bon-Ton Stores, Inc. announced that it has entered into forbearance agreements with its ABL Credit Agreement lenders and an ad hoc group of holders of approximately 75% in aggregate principal amount of the Company's 8.0% Second Lien Secured Notes... Read Story

Olympic Steel Inc., a national metals service center, announced that it has entered into an amended and restated five-year loan and credit agreement. The amended and restated facility, led by Bank of America as agent bank, replaces the Company’s... Read Story

Entravision Communications Corporation, a diversified media company serving Latino audiences and communities, announced it has entered into a new $300 million secured bank credit facility. The New Facility replaces the company's existing senior... Read Story

CME Group Inc., an American financial market company operating a options and futures exchange, entered into a new multi-currency revolving credit facility with each of the banks from time to time party thereto; Bank of America, N.A., as... Read Story

The Bon-Ton Stores, Inc. announced that it has amended its $880 million ABL Tranche A and Tranche A-1 credit facility, providing the Company with immediate flexibility and substantial additional liquidity under its current credit facility.According... Read Story

HCP, Inc., a Maryland-based  Real Estate Investment Trust,, entered into a Credit Agreement, by and among the Company, as borrower, the lenders referred to therein, and Bank of America, N.A., as administrative agent. The New Credit Agreement provides... Read Story

Newpark Resources, Inc. announced that it has entered into an Amended and Restated Credit Agreement, which amends and restates the company's previous credit agreement and increases the asset-based revolving loan facility from $90 million to $150... Read Story

Crawford & Company®, an independent provider of claims management solutions to insurance companies and self-insured entities, announced the execution of a new five-year, $450 million senior secured revolving credit facility with a syndicate of banks... Read Story

Griffin Capital Company, LLC announced the operating partnership of Griffin Capital Essential Asset REIT, Inc. entered into a loan agreement with Bank of America, N.A., UBS AG and KeyBank National Association for an aggregate loan amount of... Read Story

BlueLinx Holdings Inc. a distributor of building and industrial products in the United States, announced it has executed an agreement that provides the company with a new five year, $335 million syndicated secured asset based revolving credit... Read Story

R.R. Donnelley & Sons Company, entered into an asset-based revolving credit facility pursuant to an Amended and Restated Credit Agreement by and among the Company, as borrower, and certain of its subsidiaries, as guarantors, the lenders party thereto... Read Story

Alexander & Baldwin, a real estate and agriculatural firm, announced that it has amended its revolving credit and private note shelf facilities. "We're pleased to have closed on the amendments to our revolving credit and private note shelf... Read Story

Ramco-Gershenson Properties Trust announced that it has closed on its amended and restated $350 million unsecured revolving credit facility. The credit facility matures September 2021 and can be extended one year to 2022 through two six-month options... Read Story

Capital markets net revenues were down for all five U.S. global trading and universal banks (GTUBs) in the second quarter, both sequentially and year over year (YOY), following a generally strong start to the year, according to Fitch Ratings in its... Read Story

Textainer Group Holdings Limited, one of the world's largest lessors of intermodal containers, announced that Textainer Marine Containers II Limited, an indirect, wholly-owned subsidiary of the Company, closed a refinancing to extend the term and... Read Story

Regions Bank announced that Mark Hardison has joined the Healthcare group as Managing Director with an emphasis on covering clients and prospects across the entire healthcare platform. Hardison will report to John Barton, Executive Vice President of... Read Story

Teleflex Incorporated and NeoTract, Inc. announced that the companies have entered into a definitive agreement under which Teleflex will acquire NeoTract in a transaction valued up to $1.1 billion. Under the terms of the agreement, Teleflex will... Read Story

Bank of America announced that Berkshire Hathaway Inc. exercised its warrants to purchase 700 million shares of Bank of America common stock using the Series T preferred shares Berkshire Hathaway acquired through its investment in Bank of America in... Read Story

Discovery Communications, a wholly owned subsidiary of Discovery Communications, Inc., the lenders from time to time party thereto and Bank of America, N.A., as administrative agent, entered into the Amendment No. 1 to Amended and Restated Credit... Read Story

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... Read Story

Sonoco, one of the largest diversified global packaging companies, announced it has signed a definitive agreement to acquire 100% of the stock of Clear Lam Packaging, Inc., a family-held developer and manufacturer of flexible and forming plastic... Read Story

McCormick & Company Inc. announced that it has signed a definitive agreement to acquire Reckitt Benckiser's Food Division from Reckitt Benckiser Group plc for $4.2 billion, subject to certain customary purchase price adjustments. RB Foods is a... Read Story

Georgia-based flooring firm Beaulieu Group LLC, doing business as Beaulieu Group LLC, announced that it has commenced a formal proceeding to restructure its balance sheet by filing voluntary petitions under Chapter 11 in the United States Bankruptcy... Read Story

Helix Energy Solutions Group, Inc. announced that it has entered into an amended and restated credit agreement with a syndicated bank lending group in the amount of $250 million, consisting of a $150 million revolving credit facility and a $100... Read Story

Mercury Systems, Inc. -- a commercial provider of secure sensor and mission processing subsystems -- announced that it has amended its existing revolving credit facility, increasing and extending the facility into a $400 million, 5-year revolver... Read Story

Bank of America Business Capital has provided $84 million in credit facilities to Scrap Metal Services, LLC (SMS). Facilities include a $60 million asset based revolving credit facility, a $24.4 million term loan and a $4 million capital expenditure... Read Story

J. C. Penney Company, Inc. announced that it has completed the refinancing of its $2.35 billion senior secured asset-based revolving credit facility. The amended and restated facility provides improved pricing terms and extends the maturity from... Read Story

Nortech Systems Incorporated, a provider of full-service electronics manufacturing services (EMS), announced it has closed a new credit facility of up to $21 million with Bank of America Merrill Lynch with an additional $20 million accordion feature.... Read Story

Following a spate of store closures last month, teen specialty retailer rue21, Inc. announced it has filed a voluntary petition for reorganization under chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Western District of... Read Story

PRA Group, Inc., a global firm involved in acquiring and collecting nonperforming loans, announced that on May 5, 2017 it amended and restated its North American credit facility. The expanded facility has a five-year term and total facility size of... Read Story

Trucking firm Celadon has reached an agreement in principle with Bank of America, the agent under its current credit facility, for a new $225 million senior secured revolving credit facility. The Proposed ABL Facility will be used to refinance the... Read Story

Xplore Technologies, a provider of rugged tablet PCs, announced that it has entered into a new $15 million three-year secured line of credit with Bank of America. The company will also move its commercial banking relationships to Bank of America.... Read Story

ONEOK, Inc. announced a new $2.5 billion, five-year senior unsecured revolving credit facility, to replace the existing ONEOK and ONEOK Partners, L.P. credit facilities. The new facility will be available upon the completion of the previously... Read Story

Mercury General Corporation, a multiple-line insurance organization offering personal automobile, homeowners, renters and business insurance, entered into a credit agreement with Bank of America, N.A., as administrative agent, according to a recent... Read Story

Bloomberg is reporting that a group of banks has agreed to provide a $600 million debt facility to the cloud-storage firm Dropbox, Inc. as the company negotiates an anticipated IPO. Citing sources familiar with the matter, Bloomberg notes that... Read Story

Real Alloy Holding, Inc., an indirect, wholly owned subsidiary of Real Industry, Inc., entered into a Revolving Credit Agreement with Bank of America, N.A., acting as a lender, letter of credit issuer, and swingline lender and as agent for all... Read Story

Basic Energy Services, Inc. announced earlier this month that the Company and its affiliated chapter 11 debtors obtained court approval of their prepackaged restructuring and recapitalization plan (the "Prepackaged Plan"), which received near... Read Story

Innophos Holdings announced that it has entered into a new senior secured credit facility with a group of bank lenders, increasing the company's borrowing capacity by $125 million to $450 million, while reducing interest rates for the next five years... Read Story

Opus Bank announced Michael Trivich has joined Opus as Senior Vice President, Senior Credit Administrator – Commercial Banking, responsible for the structuring and decisioning of senior debt financing solutions provided to Opus’ Commercial and... Read Story

Wells Fargo Capital Finance announced Ryan Chin as managing director for loan originations.  Based in Santa Monica, CA, Chin will be focused on originating loans for the Western U.S. region. “We’re excited to leverage Ryan’s breadth of experience and... Read Story

Almost Family, Inc. has entered into a new five-year $350 million revolving credit facility that increases its financial flexibility through 2021.  J.P. Morgan Securities LLC acted as lead book-runner and arranger, while Bank of America, N.A. acted... Read Story

Erickson Incorporated, a leading global provider of aviation services, announced today that it and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy... Read Story

CIT Group Inc. announced the appointment of Marisa J. Harney as Executive Vice President, Chief Credit Officer, effective immediately. Harney will report directly to Executive Vice President and Chief Risk Officer Robert Rowe.“We are pleased to have... Read Story

Sterling National Bank announced Joe Giamartino has joined the bank's Westchester commercial banking team as Senior Managing Director and Senior Vice President.Giamartino will help drive the bank's growth across the middle market, focusing on... Read Story

Gas Natural Inc. has closed a $92 million debt refinancing following receipt of regulatory approvals to reorganize its utilities within a wholly-owned subsidiary.    The financing consists of two components: A $50 million, 4.23% fixed-rate senior... Read Story

Basic Energy Services, Inc. announced that the company has successfully obtained an extension of its temporary waiver from Basic's secured asset-based revolver (the "ABL Facility") lenders.  As previously announced on October 17, 2016, the Company... Read Story

Reliance Steel & Aluminum Co. announced that on September 30, 2016 it entered into a new credit agreement comprised of a $1.5 billion unsecured revolving credit facility and a $600 million unsecured term loan. The new credit agreement, which has a... Read Story

International Speedway Corporation has amended and extended its $300 million revolving credit facility provided by multiple lenders.  The amendment extends the final maturity of the facility from November 2017 to September 2021.  The Facility can... Read Story

JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT, announced it amended its revolving line of credit increasing its borrowing capacity to $150 million. The amended credit facility has a one year term with a six... Read Story

Bibby Financial Services (BFS) announced the expansion of its executive leadership team with the addition of Todd Ferrara as Executive Vice President, Head of Change & Project Management – North America, Jeff Mitchell as Senior Vice President... Read Story

Performance Sports Group Ltd., a leading developer and manufacturer of high performance sports equipment and apparel, announced that it has executed amendments to its asset-backed revolving credit facility and secured term-loan credit facility that... Read Story

Regional Management Corp., a diversified consumer finance company, announced today that it has amended its senior revolving credit facility agreement. The committed line under the credit facility has increased to $585 million from its previous amount... Read Story

The Bon-Ton Stores, Inc. announced that it has successfully completed the closing of a new $150 million ABL Term Loan that matures in March 2021. According to an 8-K filing with the SEC, Bank of America served as adminstrative agent on the loan. The... Read Story

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... Read Story

BroadStreet Partners, a top-20 national insurance brokerage, announced the addition of $195 million to its bank facility, which fuels the growth of its partner independent insurance agencies throughout the United States. The bank facility grew to... Read Story

Global Brass and Copper Holdings, Inc. announced, that on July 18, 2016, it refinanced its debt structure by retiring its senior secured notes and entering into new asset-based revolving credit and long term debt (the “Term Loan B Credit Agreement”)... Read Story

AAC Holdings, Inc. announced it has increased its senior secured credit facility from $121.25 million to $171.25 million, consisting of a $50 million revolving credit facility and a $121.25 million term loan. The facility is scheduled to mature in... Read Story

Bats Global Markets, Inc., a leading global operator of exchanges and services for financial markets, announced the refinancing of the company’s outstanding $656 million of term loans and $100 million revolving credit facility (collectively, the... Read Story

L.B. Foster Company has amended its revolving credit facility agreement maturing in March 2020 that decreases the size of the facility and increases the maximum leverage ratio until the first quarter of 2018 when it returns to its original terms and... Read Story

WNB Specialty Finance announced the addition of William Bogatay as Southwest Regional Manager who will be responsible for all new business in Texas and the contiguous states. Bogatay will assist in expanding WNB’s North American presence by... Read Story

Capital One announced that Kurt Schaal has joined its Middle Market Commercial Banking team in Fort Worth, TX, as a Senior Vice President. In this role, Schaal will be responsible for building relationships with large and middle-market companies... Read Story

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

Crestmark welcomes Scott M. Keusch, vice president, senior account executive for the East Division. Keusch, who joins Crestmark with more than 15 years in finance and banking, including experience in asset-based lending and factoring, is based at the... Read Story

Eldorado Gold Corporation announced that the company has renewed its revolving credit facility. The amended and restated credit agreement includes available credit of U.S.$250 million, an accordion feature of U.S.$100 million, and an extension of the... Read Story

Wells Fargo Capital Finance announced that their Government Services group has expanded with the addition of two new positions. Greg Wheeless has been named Regional Manager and will lead the team and Linh Phu has been named Business Development... Read Story

Newpark Resources, Inc. has entered into a new credit agreement, which provides for a $90 million asset-based revolving credit facility ("ABL Facility").  The ABL Facility replaces the existing $150 million credit facility, which has been... Read Story

Radius Bank, a virtual community bank whose roots are in Boston, MA, announced the addition of a new executive to its senior management team. Philip (Phil) Peters was named Executive Vice President / Chief Operating Officer. A seasoned banking... Read Story

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... Read Story

CEB, a best practice insight and technology company,  has closed its previously announced acquisition of Evanta Ventures, Inc. and an affiliated business. Portland, Ore.-based Evanta fosters collaboration and the exchange of best practices between... Read Story

On April 18, 2016, Ares Capital Corporation entered into an agreement to amend and restate its senior secured revolving credit facility (as amended and restated, the “A&R Revolving Credit Facility”).  The A&R Revolving Credit Facility, among other... Read Story

Kennametal Inc. announced the signing of a $600 million five-year credit agreement. This syndicated bank facility amends and restates Kennametal's prior loan agreement. It contains enhanced covenant adjustments relative to the company's amended 2010... Read Story

McGrath RentCorp, a diversified business-to-business rental company, has renewed its $420 million credit facility with a syndicate of banks. The five year facility matures on March 31, 2021 and replaces the company’s existing $420 million line of... Read Story

Huttig Building Products, a leading domestic distributor of millwork, building materials and wood products, has entered into an agreement to add both Bank of America, N.A., and JPMorgan Chase Bank, N.A. to its $160 million senior secured credit... Read Story

Santander Bank has appointed Siobhan Schroth to the role of head, middle-market banking in its Corporate and Commercial Banking division. Schroth joined Santander in September 2015, bringing to the company nearly 30 years of banking experience in... Read Story

Suburban Propane Partners, L.P., a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, announced the refinancing of the senior secured credit facility (the "Revolving... Read Story

Swift Capital, a leading provider of working capital for small businesses, announced that Adam Block has just joined the company as head of finance. Block is the latest of three prominent executive team hires including Doug Bland, president and chief... Read Story

SunOpta Inc., a leading global company focused on organic, non-genetically modified and specialty foods, entered into a new five-year credit agreement for a senior secured asset-based revolving credit facility in the maximum aggregate principal... Read Story

Popeyes Louisiana Kitchen, Inc., the franchisor and operator of Popeyes® restaurants, announced the completion of a new, five-year $250 million revolving credit facility on January 22, 2016. At closing, the stated interest under the new facility is... Read Story

Trex Company has completed an amendment to its senior secured credit facility. The amended cash flow lending facility, obtained through Bank of America, Citibank, N.A., Capital One, N.A., and SunTrust Bank, is a seasonal facility that provides for a... Read Story

Quanta Services, Inc. has entered into an amended and restated credit agreement with a syndicate of lenders led by Bank of America, N.A. and JPMorgan Chase Bank, N.A., which increased the capacity under its senior secured revolving credit facility... Read Story

Bank of America announced that Paul Lambert has been named market president, serving as the company’s enterprise leader in Chicago. Lambert will succeed Tim Maloney who led the market since 2009 and intends to retire in early 2016.In this role... Read Story

DHI Group, Inc.,formerly known as Dice Holdings, Inc., has entered into a five-year $250 million senior secured revolving credit facility scheduled to mature in November 2020.  The new facility replaces the company's previous facilities, which... Read Story

Sterling National Bank announced Ernest Pelli has joined its asset-based lending division as managing director. Pelli will serve middle-market commercial companies across the country, with particular emphasis on manufacturing, wholesale operations... Read Story

CDI Corp. entered into a new secured credit agreement providing for up to $150 million in revolving loans. Bank of America, N.A., acted as administrative agent, joint lead arranger and joint book-runner. Bank of Montreal acted as joint lead arranger... Read Story

Capital One Bank announced the appointment of Britt O’Rourke to the Commercial Banking team in the Greater New York region. O’Rourke joins Capital One as a Senior Vice President and will focus on providing commercial banking services and solutions to... Read Story

Dell Inc. and EMC Corporation announced they have signed a definitive agreement under which Dell, together with its owners, Michael S. Dell, founder, chairman and chief executive officer of Dell, MSD Partners and Silver Lake, the global leader in... Read Story

H&R Block, Inc. announced its wholly owned subsidiary, Block Financial LLC, entered into a new five-year, $2.0 billion Credit and Guarantee Agreement. JPMorgan Chase Bank, N.A. acted as the administrative agent, and Bank of America, N.A., SunTrust... Read Story

Regional Management Corp., a diversified specialty consumer finance company, has amended and restated its senior revolving credit facility agreement, receiving an increase in the committed line under the credit facility to $538 million from its... Read Story

Quiksilver, Inc. announced that the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) has approved a variety of First Day Motions related to its voluntary chapter 11 restructuring. Collectively, the orders granted... Read Story

Quiksilver, Inc. announced that it commenced voluntary proceedings for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) for its U.S. subsidiaries.... Read Story

Amedisys, Inc., one of America's leading home health and hospice care companies, announced that on August 28, 2015, it entered into a new $300 million secured credit facility. It consists of a $100 million five-year amortizing Term Loan A and a $200... Read Story

PNC Bank, N.A. announced the addition of Michele Scafani, senior vice president and senior business development officer with the senior secured financing team in the Western Region.  Based in San Francisco, Scafani will be responsible for business... Read Story

CraftWorks Restaurants & Breweries, Inc., the largest craft brewery restaurant operator in the country, announced the completion of a successful $172.5 million refinance of its existing senior debt facility. On the heels of this transaction, the... Read Story

Ryan, a leading global tax services firm, has successfully refinanced its long-term debt and secured a $300 million syndicated credit facility. Led by Goldman Sachs and Bank of America, this new facility includes 15 institutional lenders and four... Read Story

Del Taco Restaurants, Inc.,  the second largest Mexican-American QSR chain by units in the United States, announced the closing of a new five-year $250 million senior credit facility. The new revolving credit facility bears an initial interest rate... Read Story

KeyBanc Capital Markets announced the expansion of its Corporate Banking Group in California. Gerry Barredo joined the bank as Managing Director and Head of the California Corporate Banking Region, based in San Francisco. In addition, Jojo Kochaphum... Read Story

Univar Inc. announced today that Univar and certain of its wholly-owned subsidiaries have entered into a new credit agreement with Bank of America, N.A., as U.S. administrative agent, Bank of America, N.A. (acting through its Canada branch), as... Read Story

Bank of America Chief Executive Officer Brian Moynihan today announced changes to the company’s management team.“The quarterly results we announced last week showed once again how far we have come on our journey over the past few years,” Moynihan... Read Story

Abengoa Yield has increased its existing $125 million credit facility with a revolver Tranche B for an additional amount of $290 million. Tranche B was closed with Bank of America as global coordinator and joint bookrunner, HSBC as agent and joint... Read Story

Heidrick & Struggles International closed a Second Amended and Restated Credit Agreement on June 30, 2015.  Four banks participated in the agreement, led by JP Morgan Chase Bank, N.A., as administrative agent, and Bank of America, N.A. as Syndication... Read Story

FTI Consulting has entered into a five-year, $550.0 million senior secured revolving line of credit. The credit facility effectively amends and extends the maturity date of the company's existing $350.0 million credit facility from November 27, 2017... Read Story

Ducommun Incorporated entered into a new $475 million credit agreement  – consisting of a $200 million revolving credit facility and a $275 million term loan facility – to replace its existing debt structure. In connection with the transaction, the... Read Story

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... Read Story

Bloomberg reported that Bank of America Corp. hired Jeffrey Peek, who ran commercial lender CIT Group Inc. for six years, as an executive vice chairman in the global investment bank.Bloomberg reported Peek, most recently a vice chairman at Barclays... Read Story

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

Dave & Buster's Entertainment, Inc. announced that it closed a five-year $500 million senior credit facility, which is a senior secured obligation of Dave & Buster's, Inc., and guaranteed by Dave & Buster's Holdings, Inc. and certain of Dave & Buster... Read Story

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... Read Story

Summer Infant, Inc. announced that it has completed a restructuring of its debt to include a $60 million revolving credit facility, a $5 million "first in last out" (FILO) facility and $10 million term loan facility, replacing the $80 million... Read Story

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... Read Story

DeVry Education Group announced that it has entered into a new, secured revolving credit agreement. The amount of borrowing capacity available under the credit agreement is $400 million. Subject to certain conditions set forth in the credit agreement... Read Story

United Rentals, Inc. and certain of their subsidiaries announced they entered into a Second Amended and Restated Credit Agreement which provides for a senior secured asset-based loan facility of $2,500 million, a portion of which is available for... Read Story

Ares Capital Corporation amended and extended its senior secured revolving credit facility with 20 banks, including 19 existing lenders and one new lender. Lenders include SunTrust Bank, Bank of America and Merrill Lynch. JPMorgan Chase agented the... Read Story

Rand Logistics, Inc. closed a $170 million revolving loan facility which refinanced approximately $102.0 million of the company's senior secured debt and increases credit availability.The refinancing accomplishes the following financial... Read Story

Dean Foods Company announced it has entered into a new $450 million senior secured revolving credit facility.  The new credit agreement contains an accordion feature that allows the company, subject to certain conditions, to increase the amount of... Read Story

The Standard Register Company announced that it and its subsidiaries have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.The Company also announced that it is... Read Story

Cal Dive International, Inc. and its U.S. subsidiaries have filed simultaneous voluntary petitions in the United States Bankruptcy Court for the District of Delaware seeking relief under the provisions of Chapter 11 of the U.S. Bankruptcy Code. The... Read Story

NorthStar Alarm Services, LLC, has increased its credit facility to $80 million, doubling its facility since the company’s recapitalization with Bank of America, Goldman Sachs and The Beekman Group, 20 short months ago. Bank of America remains the... Read Story

Laboratory Corporation of America has amended and restated its existing senior revolving credit facility in the principal amount of $1 billion and entered into a five-year term loan credit facility in the principal amount of $1 billion, according to... Read Story

Evraz Plc, an integrated steel, mining and vanadium business, said its North American subsidiary, EVRAZ North America, has closed the renewal and amendment of its asset-based revolving credit. The new facility is $515 million and has the same... Read Story

Kforce Inc., a provider of professional staffing services and solutions, has entered into a Third Amendment to its current credit facility with a syndicate of banks led by Bank of America and also including Wells Fargo, JPMorgan Chase and BMO Harris... Read Story

First Midwest Bancorp announced that Victor P. Carapella, Executive Vice President and Director of Commercial Banking, has informed the company of his decision to retire on March 31, 2015."I want to thank Vic for his 27 years of dedicated service to... Read Story

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... Read Story