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News Stories (18 Results) - Bank of Amercia

Bank of America announced its current portfolio of loans, deposits and investments to Community Development Financial Institutions (CDFIs) now exceeds $2 billion. This includes approximately $100 million in deposits to minority depository... Read Story
October 20, 2021, 07:22 AM


Bank of America announced that as a result of the bank’s strong growth and continued expansion in Ohio, the company is appointing two additional presidents which will bring an increased focus and resources in Cincinnati, Cleveland and Columbus.Jeneen... Read Story
October 08, 2021, 07:55 AM


Virtus Investment Partners, which operates a multi-boutique asset management business, completed the refinancing of its existing credit agreement with a new $275 million senior secured term loan and $175 million revolving credit facility. The... Read Story
September 29, 2021, 07:25 AM


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
June 16, 2021, 07:07 AM


Saks.com ("Saks") closed on a syndicated $350 million asset-based five-year revolving credit facility arranged by Bank of America, and a $115 million Senior Secured Term Loan arranged by Pathlight Capital.Vince Phelan, Chief Financial Officer of Saks... Read Story
May 13, 2021, 07:05 AM


TTEC Holdings amended its credit facility by exercising its accordion feature to increase the total commitments by $300 million to $1.2 billion. Incremental commitments were provided by a syndicate of banks arranged by Wells Fargo, including Bank of... Read Story
March 30, 2021, 06:00 AM


Bank of America named Janet Currie as President of Bank of America Greater Maryland. Currie succeeds Sabina Kelly, who announced her retirement earlier this month.As president, Currie will be responsible for connecting the banking and investment... Read Story
March 16, 2021, 07:40 AM


CVG amended its $90.0 million asset-based Revolving credit facility with Bank of America, as agent, and certain financial institutions as lenders, extending its maturity date to March 1, 2026.The amendment extends the existing agreement to remove the... Read Story
March 02, 2021, 07:50 AM


Big 5 Sporting Goods Corporation announced that it has entered into a new loan agreement with Bank of America as administrative agent and lender.The Loan Agreement has a five-year term which matures in February 2026 and provides for a secured... Read Story
February 26, 2021, 07:22 AM


Oil States International entered into a new $125 million asset-based revolving credit agreement with Wells Fargo Bank as the administrative agent. In addition to Wells Fargo, lenders under the Credit Agreement include Bank of America, JPMorgan Chase... Read Story
February 11, 2021, 05:00 AM


On December 31, 2020, SunOpta Inc. entered into a five-year credit agreement for a senior secured asset-based revolving credit facility in the maximum aggregate principal amount of $250 million, subject to borrowing base capacity. In addition, as... Read Story
January 11, 2021, 06:00 AM


Calumet Specialty Products Partners, L.P., a producer of specialty hydrocarbon and fuels products, announced that it has successfully amended the terms of its existing asset-based loan facility to increase the borrowing base on the facility by... Read Story
September 09, 2019, 08:50 AM


Sasol Limited announced that its wholly owned subsidiary Sasol Financing USA LLC has entered into new $1.8 billion US dollar-denominated senior unsecured credit facilities, comprised of a $1.65 billion term loan facility and a $150 million revolving... Read Story
June 07, 2019, 08:45 AM


David's Bridal announced that it has taken the expected next step to implement its previously announced restructuring support agreement (RSA), filing for Chapter 11 in United States Bankruptcy Court in the District of Delaware. The court-supervised... Read Story
November 20, 2018, 07:50 AM


Amazon.com, Inc. announced that it is acquiring Whole Foods Market in a deal valued at $13.7 billion that analysts say promises to shake up the grocery store industry. Amazon expects to finance the deal with debt financing, which could include senior... Read Story
June 19, 2017, 08:00 AM


Bob Evans Farms, Inc. announced the completion of its previously announced sale of Bob Evans Restaurants to Golden Gate Capital on April 28, 2017, and the completion of its acquisition of Pineland Farms Potato Company.The sale of Bob Evans... Read Story
May 08, 2017, 07:14 AM


CNL Healthcare Properties has secured a corporate line of credit in the initial amount of $120 million. KeyBank N.A. is serving as the lead arranger and syndication agent with Bank of America, Fifth Third Bank, PNC Bank and Cadence Bank as... Read Story
October 22, 2013, 07:02 AM


Scientific Games Corporation completed the acquisition of WMS Industries Inc., combining leading businesses offering lottery games, gaming machines and game content, systems, sports betting technology, and social, mobile and interactive content and... Read Story
October 21, 2013, 08:03 AM