Truist Agents Increase to Main Street Capital Facility
Truist served as administrative agent on an increase from $705 million to $740 million for the revolving credit facility of Main Street Capital, according to a related 8K filed with the SEC.
Truist served as administrative agent on an increase from $705 million to $740 million for the revolving credit facility of Main Street Capital, according to a related 8K filed with the SEC.
Legacy Texas Bank led a bank group on an amendment to Vaquero Midstream’s revolving credit facility, increasing the size of the facility to $225 million and extending the facility commitment to December 2021.
Earthstone Energy upsized its senior secured revolving credit facility from $185 million to $225 million and lowered its interest rate by 50 basis points. Bank of Texas served as administrative agent.
Comfort Systems USA increased its credit facility from $325 million to $400 million and extended the term to April 18, 2023. Wells Fargo served as administrative agent on the transaction.
Kirby, a Houston-based tank barge operator, increased its existing credit agreement from $550 million to $850 million and extended the maturity date to June 26, 2022. JPMorgan was administrative agent for the transaction.
Comfort Systems USA has amended its existing debt facility to increase the commitment amount to $325 million and extend the term. Wells Fargo served as administrative agent for the facility.
Tandy Leather Factory said Bank of Texas would provide a $6 million revolver and a $10 million facility secured by a deed of trust on the company’s headquarters building.
Rush Enterprises entered into an amendment with a lender group led by GE Capital Commercial as administrative agent for a facility that will provide $850 million to finance the company’s purchase of vehicle inventory and working capital.
Lonestar Resources said it closed a new $500 million senior secured credit facility arranged by Citibank. The bank group was expanded to include ABN Amro, Texas Capital Bank and Bank of Texas.