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News Stories (37 Results) - Fifth Third

Fifth Third Business Capital, a division of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a $9,500,000 senior credit facility to Leola, Pennsylvania-based Ross Technology Corporation (“Ross”).“We are... Read Story
August 26, 2019, 08:50 AM

Fifth Third Bancorp announced that Tom Heiks, president of North Carolina – which includes the Bank’s Virginia and South Carolina employees – has been named head of Commercial Middle Market banking. In addition to his new duties, he will continue to... Read Story
December 22, 2017, 08:59 AM

Crestmark, celebrating its 20th anniversary, welcomes John D. Gullman, regional first vice president, business development officer, to its East Division. Gullman will represent Crestmark in the Florida market, which he has covered for more than 30... Read Story
November 01, 2016, 07:21 AM

Renewable Energy Group, Inc. has signed an agreement with Wells Fargo Bank Capital Finance and Fifth Third Bank to expand the company’s line of credit to $150 million from $60 million. Fifth Third Bank joins Wells Fargo as a lender under the line of... Read Story
October 05, 2016, 07:28 AM

Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, announced the expansion of its existing credit facility from $240 million to $400 million, to fund its... Read Story
June 20, 2016, 07:36 AM

Focus Financial Partners, LLC has increased its credit facility from $550 million to $1 billion to support its continued growth. The credit facility is supported by a consortium of leading financial institutions, including Bank of America, SunTrust... Read Story
June 08, 2015, 07:21 AM

CAN Capital, a leading player in alternative small business finance, announced today that it secured a $650 million credit facility from a dozen leading lenders. Led by Wells Fargo Capital Finance, the transaction includes new commitments from Morgan... Read Story
April 03, 2015, 07:44 AM

Almost Family, Inc., a leading regional provider of home health nursing services, announced today it has entered into a new five-year $175 million revolving credit facility that increases its financial flexibility through 2020 (the Facility).  J.P.... Read Story
February 13, 2015, 08:06 AM

As Bank of the West approaches its two-year anniversary in Chicago, it announced that Phil Kain, a well-respected specialist in the development of leveraged finance loans for middle-market private equity sponsors, joins Bank of the West as director... Read Story
December 02, 2014, 07:56 AM

Healthcare Trust of America, Inc. announced it had closed a new $1.1 billion senior unsecured credit facility consisting of a $800 million, five-year revolving credit facility and a $300 million term loan. The credit facility refinances the existing... Read Story
November 21, 2014, 07:07 AM

Merkle, a leading technology-enabled, data-driven customer relationship marketing (CRM) firm and the nation’s largest privately held agency, announced that it has closed an amendment to provide capacity to upsize its credit facility to $325 million... Read Story
November 14, 2014, 07:24 AM

Patrick Industries, Inc. has completed the acquisition of the business and certain assets of Bremen, Indiana-based Charleston Corporation ("Charleston"). Charleston is a manufacturer of fiberglass and plastic components primarily used in the... Read Story
November 11, 2014, 07:33 AM

Schumacher Group (SG) announced that it recently raised $120 million in senior credit facilities. The transaction was led by GE Capital, Healthcare Financial Services. GE Capital Markets and Fifth Third Bank acted as Joint Lead Arrangers and Joint... Read Story
September 09, 2014, 07:44 AM

Polypore International, Inc., a global high technology filtration company specializing in microporous membranes, announced that it has entered into a new senior secured credit agreement led by Bank of America Merrill Lynch and Wells Fargo Securities... Read Story
April 09, 2014, 07:44 AM

Blackbaud, Inc. entered into a new credit facility in the aggregate amount of $325 million, including a $175 million senior secured term A loan ("Term A"), and a $150 million senior secured revolving credit facility ("Revolver") with capacity to... Read Story
March 04, 2014, 07:08 AM

CAN Capital announced $33 million in funding led by Meritech Capital Partners (Meritech) with increased participation and ownership from existing investor Accel Partners (Accel). Meritech and Accel were joined in the funding round by Ribbit Capital... Read Story
January 10, 2014, 07:21 AM

Checkpoint Systems entered into a new five-year $200 million multi-currency revolving credit facility with the potential to further expand the facility to $300 million.The syndicate of lenders was anchored by joint lead arrangers, Bank of America... Read Story
December 13, 2013, 07:34 AM

HEICO Corporation increased its $670 million revolving credit facility to an aggregate potential future capacity of $1 billion and that it also extended the facility by an additional year until December 2018.  Under the amendment, $800 million of the... Read Story
November 26, 2013, 11:10 AM

ON Semiconductor Corporation has entered into an amended and restated senior revolving credit facility with a group of lenders. An SEC 8-K filing notes JPMorgan Chase is the adminstrative agent. Lenders include Bank of America, The Royal Bank of... Read Story
October 11, 2013, 07:51 AM

Global Axcess Corp.  a leading provider of ATM services and DVD self-service kiosks, announced today that it entered into as Asset Purchase Agreement with a "stalking horse bidder," Financial Consulting & Trading International, Inc., a wholly owned... Read Story
August 05, 2013, 02:25 PM

Alliance Data Systems Corporation, a leading provider of loyalty and marketing solutions derived from transaction-rich data, announced that the company completed a new $2.285 billion credit facility.The new facility consists of a $1,142.5 million... Read Story
July 16, 2013, 07:13 AM

Delek Logistics Partners increased its lender commitments under its revolving bank credit facility to $400 million from $175 million to support the future growth of its business. Fifth Third Bank is the administrative agent, Bank of America, N.A. and... Read Story
July 11, 2013, 07:11 AM

Superior Uniform Group announced the acquisition of substantially all of the assets of HPI Direct of Alpharetta, GA. Since 1993, HPI Direct has built a stellar reputation for quality and responsiveness as a privately owned company specializing in the... Read Story
July 02, 2013, 07:33 AM

Barrier Advisors, a Dallas-based investment banking firm, announced its role as exclusive financial advisor to Wingspan Portfolio Holdings, Inc. during the firm’s acquisition of Dimont & Associates. Barrier Advisors had a dual role in the transaction... Read Story
June 27, 2013, 07:33 AM

Triangle Capital, a provider of capital to lower middle market companies, has amended its $165 million senior secured credit facility jointly arranged by BB&T Capital Markets and Fifth Third Bank. Key provisions of the amendment include extending the... Read Story
June 27, 2013, 07:13 AM

Capital Access Network, Inc. (CAN) has added $165 million to its line of credit from a syndicate of premier financial institutions, now including Capital One, Amalgamated Bank, Regions Bank, Capital Source and AloStar. These banks join Wells Fargo... Read Story
May 22, 2013, 08:04 AM

On Assignment, Inc., a leading global provider of diversified professional staffing solutions, announced today that it has closed on a new $500 million credit facility, which is a refinancing of the previous credit facility. The new $500 million... Read Story
May 17, 2013, 07:44 AM

Lumos Networks Corp. ("Lumos Networks" or "the Company"), a fiber-based service provider of data, voice and IP-based telecommunication services in the Mid-Atlantic region, today announced it has successfully refinanced its prior senior credit... Read Story
May 01, 2013, 08:00 AM

ARI Network Services announced today the closing of new senior secured credit facilities with Silicon Valley Bank. The new credit facilities are structured to help ARI better facilitate its growth strategies. Under terms of the agreement, the... Read Story
April 26, 2013, 07:09 AM

Denny's Corporation, one of America's largest full-service family restaurant chains, today announced that it has entered into a new five-year $250 million senior secured bank credit facility, comprised of a $60 million term loan and a $190 million... Read Story
April 25, 2013, 08:05 AM

Multiband Corporation, a leading home service provider (HSP) for DIRECTV and the nation's largest DIRECTV Master System Operator (MSO) for Multiple Dwelling Units (MDU's), has completed a financing transaction with Fifth Third Bank that will provide... Read Story
March 22, 2013, 08:03 AM

CIT Group Inc. announced that it arranged and syndicated a $105 million senior secured credit facility for Nashville-based Hospice Compassus, the nation’s largest private independent provider of hospice services across 14 states. Proceeds of the... Read Story
February 13, 2013, 08:32 AM

Fifth Third Bank announced that it has extended more than $13 billion in new and renewed credit to business customers from October through December 2012. During 2012, Fifth Third Bank lent nearly $34 billion to businesses throughout its footprint.... Read Story
January 21, 2013, 08:15 AM

Fifth Third Bancorp reported full year 2012 net income of $1.6 billion, up 22% from net income of $1.3 billion in 2011. Fourth quarter 2012 net income was $399 million, an increase of 10% from net income of $363 million in the third quarter of 2012... Read Story
January 18, 2013, 08:10 AM

Kevin T. Kabat, vice chairman and CEO of Fifth Third Bancorp announced that Bruce Lee, executive vice president and chief credit officer, will resign his position at year-end for personal reasons. Kabat also announced Greg Schroeck, senior vice... Read Story
November 27, 2012, 07:06 AM

International Speedway amended and restated its $300 million revolving credit facility provided by multiple lenders. The amendment provides better terms and extends the final maturity of the facility from November 2015 to November 2017. The facility... Read Story
November 19, 2012, 07:32 AM

New York Business Journal reported that Goldman Sachs helped Capital Access Network Inc. close on a $1 billion round of financing that will target small businesses. According to the report, New York City-based Capital Access said the investment bank... Read Story
September 28, 2012, 08:00 AM