PRA Expands Credit Facility to $633 Million

Portfolio Recovery Associates said it modified its credit agreement by increasing its lenders’ domestic revolving credit commitments by $35.5 million, increasing its aggregate credit facility from $597.5 million to $633 million. According to a related 8-K filing, Bank of America served as administrative agent, swing line lender and L/C issuer.

BofA Agents Booz Allen Hamilton Loan Repricing

BofA served as administrative agent in the amendment of Booz Allen Hamilton’s credit agreement. Among other things, the amendment includes a reduced interest rate for its $1.017 billion of term loan B loans.

Wells Fargo Capital Finance Amends Brookstone Facility

In a news release announcing its Q2/13 financial results, Brookstone said it has entered into an amended banking facility with Wells Fargo Capital Finance, which will provide up to $25 million of additional funds.

Wells Fargo Extends Universal Trailer Financing

Universal Trailer entered into an arrangement with Wells Fargo Bank that extends its financing line five years through 2018. The agreement increases its borrowing capacity within the revolver with Wells Fargo.

Merrill, Others Arrange Asbury Automotive Facility Amendment

Asbury Automotive Group said its amended and restated facility increases the new vehicle inventory floor plan facility by $200 million, bringing the total to $1.1 billion. Merrill Lynch arranged the syndication.

Fifth Street Expands Syndicated Bank Credit Facility

Fifth Street Finance announced the successful amendment of its syndicated bank credit facility led by ING Capital. Pricing on the facility is reduced by 50 basis points to LIBOR plus 2.25% with no LIBOR floor.

BofA Merrill, Wells Fargo Arrange EnerSys Facility Amendment

EnerSys announced the amendment to its $350 million senior secured credit facility. BofA Merrill Lynch and Wells Fargo Securities acted as joint lead arrangers and joint book running managers.

Apollo Increases Miller Energy Resources’ Facility

Miller Energy Resources amended its loan agreement with Apollo Investment, which increases the amounts available under the credit facility by $20 million.

Goldman Sachs Agents Hologic Facility Amendment

Hologic completed an amendment to its senior secured tranche B term loan facility under the company’s credit and guaranty agreement. Goldman Sachs served as administrative and collateral agent.

JPMorgan Toronto Amends Lone Pine Credit Facility Amendment

Lone Pine Resources completed an amendment to its syndicated credit facility, with JPMorgan Chase Bank, Toronto Branch serving as administrative agent.