JPMorgan Upsizes Vectrus Revolver to $120MM, Provides New $80MM Term Loan

Vectrus amended its credit facility with JPMorgan as administrative agent, increasing the revolver from $75 million to $120 million and adding a new $80 million term loan.

PNC Capital Markets Leads New $600MM Revolver for Steel Partners

Steel Partners Holdings entered into a new five-year, $600 million revolving credit facility with a syndicate of banks led by PNC Capital Markets.

CIBC Provides $35MM ABL Facility for WesternOne

WesternOne entered into an asset-based credit agreement with Canadian Imperial Bank of Commerce for a three-year $35 million secured revolving credit facility.

Goldman Sachs Agents Post-Petition $2.95B Term Loan for Avaya

Avaya has successfully priced a $2.925 billion senior secured term loan, which was upsized from $2.425 billion, in response to strong market demand.

Presidential Financial Provides $15MM to Southern Sales & Marketing

Presidential Financial provided a $15 million working capital facility to Southern Sales & Marketing Group, a wholesaler of outdoor lawn furniture.

LBC Credit Partners Supports Wynnchurch Acquisition of America II

LBC Credit Partners provided a $40 million senior secured term loan to Wynnchurch Capital, to support the acquisition of America II Group d/b/a America II Electronics.

Wells Fargo, Goldman Sachs Completed Pioneer Energy $250MM Refi

Pioneer Energy Services closed a new $175 million senior secured term loan and a new $75 million senior secured revolving ABL facility. Wells Fargo was administrative agent for the ABL, and Goldman Sachs agented the term loan.

Royal Bank of Canada, Wilmington Trust Amend 99 Cents Only Facilities

99 Cents Only Stores amended the company’s existing term loan facility with Royal Bank of Canada, along with adjustments to its ABL facility and an entry into a second lien facility.

SVBusiness Capital Provides $400K ABL to Snow Removal Business

Scott Valley Bank’s ABL division, SVBusiness Capital, provided a $400,000 term loan to a Calaveras County, CA-based company for acquisition of a snow removal business.

RBC, Wilmington Trust Amend Facilities for 99 Cents Only

The 99 Cents Only Stores amended its existing term loan and ABL facilities with Royal Bank of Canada, and entered into a second lien facility.