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.

BofAML Supports Platinum Equity LifeScan Acquisition

Platinum Equity submitted a binding offer to acquire LifeScan from Johnson & Johnson in a transaction valued at approximately $2.1 billion. LifeScan manufactures blood glucose monitoring products with 2017 net revenue of approximately $1.5 billion.

BofA Merrill Lynch, JPMorgan Lead $8B Coty Refi

According to Reuters, Bank of America Merrill Lynch and JPMorgan will lead an $8 billion debt refinancing for beauty company Coty.

BofA Merrill Lynch, Barclays Arrange Pinnacle Refi

Pinnacle Foods completed the refinancing of its senior secured credit facilities in a significantly oversubscribed transaction. Bank of America Merrill Lynch and Barclays Bank acted as lead arrangers on the transaction.

BofA Merrill Lynch Amends Super Micro Credit Facility

Bank of America Merrill Lynch amended its loan agreement with Super Micro Computer, a provider of end-to-end green computing solutions for data center, cloud computing, enterprise IT, hadoop/big data, HPC and embedded systems.

BofA Agents $605MM Senior Credit Facility for Hanger

Hanger closed a new $605 million senior credit facility consisting of a $100 million 5-year revolving credit facility and a $505 million, seven-year term loan B. Bank of America served as the administrative agent for the transaction.

JPMorgan, BofAML, Citi Lead Blackstone Financing for Thomson Reuters Buy

Reuters reported that JPMorgan, Bank of America Merrill Lynch and Citigroup are leading a syndicate of more than 20 banks that have been invited to underwrite Blackstone’s acquisition of a majority stake in Thompson Reuters’ Financial and Risk unit.

Barclays, Deutsche Others Support CD&R American Greetings Buy

Clayton, Dubilier & Rice managed funds are acquiring a 60% ownership stake in American Greetings. The Weiss Family, descendants of Jacob Sapirstein, who founded the company in 1906, will retain a 40% stake in the business. Terms of the transaction were not disclosed.