Bank of America Archives - Page 2 of 107

KeyBank Agents $300MM Credit Facility for DMC Global

DMC Global, an owner and operator of manufacturing businesses, closed a five-year, $300 million senior secured credit facility consisting of a $200 million revolving credit facility, a $50 million term loan and a $50 million delayed-draw term loan. KeyBank is serving as administrative agent for the facility.

Bank of America Leads Repricing of $4B in Secured Financing for Dun & Bradstreet

Dun & Bradstreet refinanced its term loan and revolving credit facilities, repricing and extending the entire $4 billion capital structure. According to an 8K filed with the SEC, Bank of America is the administrative agent for the facilities.

January 31, 2024 Bank of America | Bryan Hipsher | Dun & Bradstreet Ian Koplin

Gordon Brothers Agents FILO Facility for Home Décor Retailer Kirkland’s

Kirkland’s secured additional debt financing through a new first-in last-out, asset-based, delayed-draw term loan facility. According to an 8K filed with the SEC, Gordon Brothers Group, via an affiliate entity, is the administrative agent and lender for the new FILO facility.

January 29, 2024 Bank of America | Gordon Brothers | Kirkland's | Mike Madden Ian Koplin

Bank of America Leads $200MM Credit Facility for Atwell

Atwell, a consulting, engineering and construction services firm, secured a $200 million senior credit facility with a lending group led by Bank of America. U.S. Bank, TD Bank and Old National Bank are also part of the lending group.

Citizens and Bank of America Provide $95MM in Credit Facilities to MIMEDX

Medical company MIMEDX obtained new senior secured credit facilities totaling $95 million from a syndicate of banks comprised of Citizens Bank and Bank of America. The facilities are comprised of a $75 million revolving credit facility and a $20 million term loan facility.

January 23, 2024 Bank of America | Citizens Bank | Dan Fitzpatrick | Doug Rice | MiMedx Ian Koplin

2023 Deals of the Year

Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal is proud to present its second annual Deals of the Year listing to provide a more in-depth look at some of the most intriguing and impactful transactions of 2023.

Bank of America Leads Financing for AITX’s Completed Acquisition of SMBC Rail Services

American Industrial Transport (AITX) completed the acquisition of certain of the railcar assets and operations formerly owned by rail leasing company SMBC Rail Services. Bank of America led the acquisition financing for the transaction as administrative agent.

Bank of America Agents $265MM in New Credit Facilities for SunOpta

SunOpta, a U.S.-based provider of plant-based foods and beverages, entered into a new $180 million term loan credit facility and a new $85 million revolving credit facility. Bank of America is administrative agent for the facilities.

December 14, 2023 Bank of America | BofA Securities | Greg Gaba | JPMorgan Chase | SunOpta Ian Koplin

BMO, BofA and MUFG Provide $250MM Senior Secured Revolving Credit Facility to Digi International

Digi International, a global provider of business and mission critical Internet of Things products, services and solutions, entered into a new senior secured credit facility. Lenders for the facility include BMO Bank, as administrative agent, Bank of America and MUFG Bank.

December 12, 2023 Bank of America | BMO Bank | Digi International | Jamie Loch | MUFG Bank Ian Koplin

Fifth Third Increases HarbourView Equity Partners’ Credit Facility to $300MM

Alternative asset management firm HarbourView Equity Partners amended its senior secured credit facility led by Fifth Third Bank, increasing the capacity of the facility by $100 million to $300 million.

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