Wells Fargo Amends H&E Equipment Services Facility

H&E Equipment Services amended, extended and restated its existing $602.5 million senior secured credit facility with administrative agent Wells Fargo Capital Finance.

BofA Agents New Credit Amendment for ARRIS

ARRIS International amended its 2015 credit facility, with Bank of America serving as administrative agent.

Bloomberg: World’s Wealthiest Became 23% Richer in 2017

Bloomberg reported there was a $1 trillion gain made in 2017 by the world’s richest people. Amazon founder Jeff Bezos surpassed Microsoft’s Bill Gates as the world’s richest person.

KeyBank Agents $45MM Revolver for Computer Task Group

The Computer Task Group entered into a three-year $45 million revolving credit facility with KeyBank and KeyBanc Capital Markets.

Fortress Investment Group Acquired by SoftBank Group

SoftBank Group completed its acquisition of Fortress Investment Group for $3.3 billion in cash. Following the close, SBG and its wholly-owned subsidiaries own all outstanding Fortress shares.

JPMorgan Chase Agents $700MM Revolver for Churchill Downs

Churchill Downs closed a $700 million senior secured revolving credit facility and a $400 million senior secured term loan B. JPMorgan Chase served as the revolver’s administrative agent.

Conference Board: Future Business Conditions Remain High

According to a Conference Board Survey, expectations for future business conditions remain relatively high, despite drop in consumer confidence.

Colbeck Capital Management Finances $80MM Rhino Term Loan

Rhino Resource Partners executed a new three-year, $80 million financing agreement consisting of a multi-draw term loan with Colbeck Capital Management.

BancorpSouth Bank Receives Regulatory Approval for Mergers

BancorpSouth Bank received the necessary regulatory approvals to complete its proposed mergers with Louisiana-based Ouachita Bancshares and Texas-based Central Community Corporation.

Sprott Provides $27MM Credit Facility to Kin Mining

Kin Mining formally entered into a senior secured credit facility for $27 million with Canadian-based Sprott Private Resource Lending, a natural resource investor.