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News Stories (34 Results) - PNC Bank

Matador Resources closed a new amended and restated credit agreement. The Credit Agreement, which is dated November 18, 2021 and is more formally described as the Fourth Amended and Restated Credit Agreement, amends and restates that certain Third... view press release
November 19, 2021, 08:00 AM


Business owners are feeling optimistic about the near-term future of their businesses amid increasing vaccination rates, and those who report that more than three-quarters of their workforce has been vaccinated are the most positive about their... view press release
September 29, 2021, 06:00 AM


Small and mid-sized business owners strongly support vaccinations for COVID-19 and plan to encourage their employees to get the shots, which are central to a return to normalcy, according to the latest PNC semi-annual national small business survey... view press release
March 02, 2021, 08:00 AM


Williams Industrial Services Group, a construction and maintenance services company, announced that it has entered into new credit agreements, including a $50.0 million term loan facility with Energy Impact Credit Fund, an affiliate of Energy Impact... view press release
December 18, 2020, 06:00 AM


Dennis M. Krancevich has been promoted to senior vice president, commercial banking for PNC Bank in the Youngstown market.In his role as a relationship manager, Krancevich is responsible for portfolio management and delivering PNC’s products and... view press release
March 12, 2020, 09:05 AM


CTI Industries Corporation announced that on December 14, 2017 the company entered into a credit agreement with PNC Bank under which the bank extended to the company a credit facility in the aggregate amount of $24,000,000. The facility includes a... view press release
December 19, 2017, 08:00 AM


Beth Herrington, a results-driven middle-market banker with 20 years of broad financial services experiences, is joining Atlantic Capital Bank’s new Charlotte office this month.Herrington, now Senior Vice President in Corporate Banking with Atlantic... view press release
June 15, 2017, 07:00 AM


PNC Bank, N.A. announces the following appointments to its senior secured lending team:Michael Keenan, based in Chicago, joins PNC’s senior secured lending team as senior vice president and business development officer. He is responsible for new... view press release
June 14, 2017, 08:00 AM


PNC Bank, N.A. announced the following appointments to its senior secured lending teams in the Southwest and Midwest regions:Carlos Elizondo joins PNC’s senior secured financing team as senior vice president, serving the Southwest and based in... view press release
April 04, 2017, 08:00 AM


Vector Security, a premier provider of intelligent security solutions to both residential and business customers, announced today that it has entered into a $300 million credit agreement led by PNC Bank, N.A. as Administrative Agent; PNC Capital... view press release
November 30, 2016, 07:38 AM


Calgon Carbon Corporation announced the closing of a new $400 million syndicated credit facility. At closing, the facility was initially used to refinance existing debt under the company’s previous credit facility through the issuance of a seven-year... view press release
October 05, 2016, 07:18 AM


Five of the largest U.S. commercial banks — Capital One, Fifth Third, PNC, TD, and Wells Fargo — and Safeguard Scientifics announced they have invested a total of $30 million in Transactis, a leading provider of electronic billing and payment... view press release
April 18, 2016, 07:24 AM


Weingarten Realty Investors has amended and extended its $500 million unsecured revolving credit facility. The facility will mature in March 2020, with a provision to extend the maturity date for two consecutive six-month periods, at the Company’s... view press release
April 01, 2016, 07:30 AM


The country’s biggest banks have established themselves as the strongest brands among U.S. middle market companies—a segment that is growing in the form of increased demand for credit and other banking services.    Meanwhile, the list of strongest... view press release
December 03, 2015, 07:56 AM


PNC Bank, N.A announced the closing of an $8.9 million asset-based revolver and term loan facility for Bright Plastics Inc.  Based in Greensboro, North Carolina, the company will use the funds to refinance existing debt and for working capital.Bright... view press release
November 24, 2015, 07:50 AM


Forest City Enterprises closed a new, $500 million unsecured credit facility.  The four-year facility, with two six-month extension options, includes an accordion feature allowing the overall facility to be increased to $750 million.  The facility is... view press release
November 20, 2015, 07:34 AM


Volunteer Energy, a leading Midwestern natural gas supplier, has announced the successful execution of a new secured asset-based credit agreement with a six member bank group led by PNC Bank N.A, and includes JPMorgan Chase Bank N.A., KeyBank N.A.... view press release
April 10, 2015, 07:21 AM


TD Bank, America’s Most Convenient Bank, has promoted Keith A. Brokaw to senior relationship manager in commercial lending, based in New Windsor, NY. He will be responsible for maintaining and growing a portfolio of loans and cross selling the full... view press release
February 26, 2015, 07:53 AM


3D Systems entered into a $150 million five-year, unsecured revolving credit facility with its lenders. The credit agreement is comprised of a revolving loan facility that provides for advances in the initial aggregate principal amount of up to $150... view press release
October 14, 2014, 07:39 AM


Webster Bank, a leading regional bank serving businesses and consumers in the Northeast,announced Scott Meves as its new senior vice president, commercial banking, and regional president for the greater Philadelphia area.  Meves will be based in... view press release
August 28, 2014, 07:44 AM


Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE: KOP), today announced that it has completed the acquisition of the Wood Preservation and Railroad Services businesses (collectively, the "Acquired Businesses") of Osmose Holdings... view press release
August 18, 2014, 07:48 AM


PNC Bank announced the closing of a $50 million asset-based loan for Hamilton Metals, Inc. The transaction also includes capital markets and foreign exchange services. Based in Houston, TX, the company is using the funds to refinance existing debt... view press release
March 13, 2014, 07:28 AM


Cloud Peak Energy Inc. announced that it has completed its refinancing of its $500 million revolving credit facility. Michael Barrett, Executive Vice President and Chief Financial Officer, commented, "We are pleased to have extended the tenure of our... view press release
February 24, 2014, 07:13 AM


PNC Bank, N.A., a member of The PNC Financial Services Group, announced the closing of a $50 million asset-based loan for United Road Services, a portfolio company of Charlesbank Capital Partners, LLC. The transaction also includes treasury... view press release
February 18, 2014, 08:03 AM


Invacare Corporation has successfully amended its credit agreement effective January 31, 2014. The amended agreement provides the company with additional flexibility on its maximum leverage ratio financial covenant through September 30, 2014.An SEC... view press release
February 04, 2014, 07:49 AM


PNC Bank announced the appointment of Brian Conway, senior vice president, southwest regional marketing manager with PNC Business Credit, the asset based lending business of PNC Bank.  Based in Dallas, Conway is responsible for overseeing all... view press release
January 28, 2014, 07:00 AM


PNC Bank announced the closing of $50 million in senior secured financing for a portfolio company of Hammond, Kennedy, Whitney & Company, Inc. (HKW), a private equity firm  headquartered in Indianapolis. The funds were used to acquire and consolidate... view press release
January 17, 2014, 06:38 AM


Wabtec Corporation has amended and increased its existing revolving credit facility to $800 million and extended the facility's maturity date by two years. The revised facility, which has a five-year term, provides the company with increased... view press release
December 23, 2013, 07:18 AM


Phoenix Capital Resources acted as the exclusive investment banker to a leading undisclosed North American manufacturer and compounder of Nylon 6, Nylon 6/66, Nylon 6/9, specialty nylons, polycarbonate and other polymer products (the “Company”). The... view press release
September 24, 2013, 08:02 AM


ValueVision Media, Inc., a multichannel retailer operating as ShopNBC, today announced that it has increased the size of its credit facility with PNC Bank from $40 million to $50 million and has extended the facility's maturity to five years through... view press release
May 07, 2013, 08:04 AM


Appliance Recycling Centers of America (ARCI), a leading provider of appliance retailing and recycling services, announced that the company has entered into a two-year extension of its credit agreement with PNC Bank, which includes a senior secured... view press release
April 02, 2013, 07:09 AM


Park Electrochemical announced that it has entered into a five-year revolving credit facility agreement with PNC Bank, National Association. The credit facility agreement provides for loans of up to $52 million to the company and, subject to the... view press release
February 01, 2013, 07:46 AM


EdR, one of the nation's largest developers, owners and managers of collegiate housing, announced the closing of a restatement and amendment to its revolving credit facility. The credit facility will increase in size to $375 million from $175 million... view press release
January 22, 2013, 07:53 AM


PNC Riverarch Capital announced the acquisition of a controlling interest in Precision Aviation Group, Inc. (PAG), a leading provider of aviation maintenance, repair and overhaul services. Senior debt for the transaction was provided by Fifth Third... view press release
December 20, 2012, 08:01 AM