Daily News: September 25, 2017

SunTrust Upsizes Aaron’s Facility to $500MM


Rent to own company Aaron’s amended its credit facility with SunTrust Bank as administrative agent, increasing the revolving credit facility to $400 million and adding a new $100 term loan.

According to a related 8-K filing, SunTrust Robinson Humphrey served as a joint lead arranger and sole bookrunner. Bank of America, BB&T, Fifth Third and Regions Bank were joint lead arrangers and co-syndication agents. Citizens Bank and JPMorgan Chase were co-documentation agents.