BofA Upsizes Keane ABL to $300MM

Keane Group amended its ABL facility with Bank of America serving as administrative agent, increasing the total availability to $300 million.

ING, J.P. Morgan, BofA Merrill Arrange $600MM Oaktree Revolver

Oaktree Specialty Lending entered into a new $600 million secured revolver. ING Capital, J.P. Morgan and Bank of America Merrill Lynch served as joint lead arrangers on the deal.

Citi Agents $850MM Revolver for Ardagh

Ardagh Group closed on a five-year asset-based revolving credit facility of $850 million agented by Citi.

Barclays, Others Provide $49B Financing for CVS Aetna Buy

Barclays, Goldman Sachs and Bank of America Merrill Lynch committed to providing $49 billion in financing to support CVS’ acquisition of Aenta, a deal valued at approximately $69 billion.

ING Capital Agents Oaktree Specialty Lending $600MM Revolver

Oaktree Specialty Lending entered into a new secured revolving credit facility with a $600 million capacity and a maturity date of November 2020.

Citi, Mizuho Bank Lead Sasol Upsize to $3.9B

Sasol, a South African chemicals and energy company, increased its existing revolving credit facility from $1.5 billion to $3.9 billion.

JPMorgan Agents $600MM Facility to Support Owens Corning Buy

JPMorgan Chase served as administrative agent for a $600 million term loan facility for Owens Corning to facilitate its acquisition of Paroc Group, a transaction estimated at €900 million ($1.04 billion).

JPMorgan Upsizes Tailored Brands ABL Facility to $550MM

Tailored Brands amended its asset-based revolving credit facility, expanding availability to $550 million from $500 million and extending its maturity to October 2022 from June 2019. JPMorgan served as administrative agent.

PNC, BofA Amend Universal Stainless Credit Agreement

Universal Stainless & Alloy Products, obtained a favorable amendment to its current credit agreement which immediately lowers the company’s interest rates on its senior bank borrowing by 75 basis points.

BofA, HSBC Lead Oxea $1B Plus Refi

Oxea, a global manufacturer of oxo chemicals, closed a €900 million ($1.06 billion) equivalent first lien term loan. The company also entered into a new and significantly upsized €137.5 million ($162 million) six-year revolving credit facility.