Northwest Farm Credit Upsizes Pope Resources Facility to $144MM

Pope Resources has expanded its credit facilities with Northwest Farm Credit Services, increasing its borrowing capacity from $105 million to $144 million.

CRG Provides $100MM Term Loan to NanoString

NanoString Technologies entered into a new $100 million term loan facility with the CR Group, a health care focused investment firm.

JPMorgan Supports Honeywell Spin-off of Garrett Motion

JPMorgan served as administrative agent for a $1.66 billion senior secured term loan to support Honeywell International’s spin-off of Garrett Motion.

Heritage Bank Provides $5MM Revolver to Spectrum Global

Spectrum Global Solutions has entered into a $5 million revolving asset based line of credit with Heritage Bank of Commerce. This facility is an accounts receivable line of credit that will support the growth of the company’s ADEX subsidiary.

JPMorgan Agents New $295MM Facility for SurveyMonkey

SurveyMonkey, along with its parent company, SVMK, amended its 2017 refinancing facility agreement with a $220 million term loan and a $75 million revolving loan. It also paid down over $100 million of its outstanding debt.

MidCap Financial Agents $15MM ABL for Williams Industrial

Williams Industrial Services Group entered into a new, three-year, $15 million secured asset-based revolving credit facility at LIBOR plus 6%, with a minimum LIBOR rate of 1%.

KeyBank Provides $65MM Revolver to GridLiance

GridLiance High Plains, an independent transmission company and subsidiary of GridLiance Holdco, closed on a $65 million revolving credit facility with KeyBank.

BMO Harris Agents $500MM Facility for Lilis Energy

Lilis Energy entered into a five-year, $500 million credit agreement. The credit agreement provides for a senior secured reserve based revolving credit facility with an initial borrowing base of $95 million.

TAB Bank Provides $1MM Revolver to Transportation Company

TAB Bank provided a $1 million revolving credit facility for a transportation company located in Oklahoma.

BofA Agents New $150MM ABL for Basic Energy

Basic Energy Services entered into a new $150 million asset-based lending credit facility that is secured by its accounts receivable and related assets.