BofAML Upsizes rue21 Line of Credit to $145MM

Bank of America Merrill Lynch increased specialty retailer rue21’s line of credit from $125 million to $145 million.

BofAML Supports Madison Dearborn/CoVant LinQuest Acquisition

Madison Dearborn Partners and CoVant Management acquired LinQuest, a space systems technology solutions provider to the U.S. defense and intelligence communities. Merrill Lynch provided a credit facility to support the transaction.

MUFG, Nedbank Lead Aspen $4B Multi-Currency Facility

Aspen Holdings closed multi-currency syndicated facilities equivalent to approximately €3.4 billion ($4 billion). MUFG and Nedbank served as global coordinators, initial mandated lead arrangers and bookrunners.

JPMorgan Agents Essent Group Upsize to $500MM

Essent Group increased its existing credit facility to $500 million from $375 million. JPMorgan served as administrative agent on the transaction.

Banks Line Up $20B Syndicate Launch Supporting Blackstone F&R Buy

Reuters reported a late summer closing date for Blackstone Group’s $20 billion acquisition of a majority stake in Thomson Reuters’ Financial and Risk unit. Bank of America Merrill Lynch, J.P. Morgan and Citigroup are leading the debt financing.

BofAML, MUFG Lead $300MM Facility for Miramax

Miramax secured a five-year $300 million revolving, multi-bank credit facility led by Bank of America Merrill Lynch and MUFG Union Bank.

BofAML Leads $250MM Supermicro Facility

Bank of America Merrill Lynch led a new expanded credit facility for Supermicro Computer, a provider of high-performance, high-efficiency server, storage technology and green computing.

BofA Agents $1.1B Facility for Compass Diversified

Compass Diversified Holdings signed a credit agreement for a revolving credit facility totaling $600 million and a term loan facility in the amount of $500 million. Bank of America served as administrative agent on the transaction.

JPMorgan Upsizes Tailored Brands Facility to $900MM

Tailored Brands refinanced its existing term loan, upsizing its aggregate principal amount to $900 million. JPMorgan Chase Bank acted as lead arranger, administrative agent and joint book runner on the transaction.

Nine Banks Face Losses on American Greetings Buyout Debt

According to a Reuters report, nine banks are facing losses on loan and bond financing backing the buyout by a private equity firm of American Greetings.