Cook to Lead Launch of Cortland Global ABL Servicing Platform

Cortland Capital Market launched a new global asset-based lending platform and hired industry veteran Ellen Cook to lead the division.

Siena Closes $30MM ABL Facility for Noranda Alumina

Siena Lending Group completed a $30 million asset-based revolver for New Day Aluminum to repay certain indebtedness and provide working capital for its subsidiary, Noranda Alumina.

Wells Fargo Capital Finance Agents $50MM PolyOne Upsize

PolyOne increased its credit line from $400 million to $450 million and extend the maturity date. Wells Fargo Capital Finance served as administrative agent.

BofA Agents $915MM Facility for ACI Worldwide

ACI Worldwide a five-year $500 million senior secured revolving credit facility and a five-year $415 million senior secured term loan facility. Bank of America served as administrative agent for the transaction.

Wells Reprices Wabash Term Loan Facility

Wabash national completed an amendment to reprice its secured term loan credit agreement to LIBOR plus 275 basis points. The transaction was arranged by Wells Fargo Securities.

Capital One Closes $50MM ABL Facility for Patient Finance Company

Capital One Healthcare provided a $50 million senior ABL credit facility to AccessOne, a provider of patient payment options designed to help patients manage their healthcare costs.

Weisto Tapped For MB Financial ESOP Finance Group

MB Financial Bank hired Edward Weisto to join the bank’s ESOP Finance Group as senior vice president.

CIT Amends Revolver Supporting Sale of Aircraft Leasing Business

CIT Group’s commercial aircraft leasing business entered into an amended revolver that extends the final maturity date and lowers the commitment amount that supports the sale of the business to Avolon Holdings.

BofA Agents New $95MM Facility for Heritage-Crystal Clean

Heritage-Crystal Clean entered into a new credit agreement with Bank of America as administrative agent. The agreement provides for borrowings of up to $95 million

M&T, SunTrust Lead $687MM Prime Motor Group Refi

Prime Motor Group completed a $687 million refinancing with a syndicate of lenders led by Manufacturers and Traders Trust and SunTrust Bank.