BofA Supports Methode Acquisition of Grakon

Methode Electronics, a global developer of custom engineered and application-specific products, completed the acquisition of Grakon Parent. Bank of America served as administrative agent, increasing Methode’s credit facility by $250 million to support the transaction.

Cenveo Completes Restructuring; BofA, Others Provide Exit Financing

Cenveo successfully completed its restructuring and Chapter 11 Plan of Reorganization and emerged from bankruptcy. Bank of America, among others, provided exit financing for the company.

BofA Agents Cracker Barrel $950MM Credit Facility

Cracker Barrel entered into a five-year, $950 million revolver with Bank of America serving as administrative agent and collateral agent for the group of lenders.

BofA Agents $175MM Upsize for WEX

WEX has repriced its senior secured credit loans under its existing credit facility, extending the deadline to July 1, 2023, increasing the revolver by $150 million and providing an additional $25 million tranche A term loan.

Wells Fargo Agents $25MM Term Loan for Stage Stores

Stage Stores amended its senior secured revolving credit facility agreement with Wells Fargo as administrative agent, collateral agent and term loan agent.

BofA Agents $1.3BB Facility for Covanta

Covanta Holdings closed two new $1.3 billion credit facilities: a $900 million revolving credit facility and a $400 million term loan. The refinancing is an increase of $100 million over its previous facilities.

BofA Agents $411MM Exit Financing for Cenveo

The U.S. Bankruptcy Court for the Southern District of New York approved the exit plan of Stamford, CT-based print products company Cenevo. The company received exit financing commitments in the form of a $175 million ABL facility and a $236 million term loan.

BofA Supports Williams Scotsman ModSpace Acquisition

Williams Scotsman completed its acquisition of Modular Space Holdings for a total purchase price of approximately $1.2 billion. Bank of America served as administrative agent for an increase in the company’s credit facility to support the transaction.

BofA Supports Synnex Acquisition of Convergys

SYNNEX renewed its existing credit agreement and secured $1.8 billion in incremental financing. Bank of America served as administrative agent on the transaction.

BofA, FS/KKR Support Sequential Brands Debt Refi

Sequential Brands Group entered into an amended credit agreement with its existing lenders, led by Bank of America and certain funds managed by FS/KKR Advisor.