13 Banks to Lose Millions After Carillion Collapse

Reuters reported that British lenders, including Barclays, the Royal Bank of Scotland and Lloyds Banking Group, may lose hundreds of millions of pounds in outstanding loans following the collapse of UK-based Carillion, a facilities management and construction company.

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.

Barclays Agents $225MM ABL Facility for Mattress Firm

Mattress Firm, a specialty mattress retailer, entered into a new up to $225 million senior secured asset-based revolving credit facility. Barclays acted as administrative agent, sole book runner and sole lead arranger for the transaction.

Zenith Energy Pulls M&A Loan From Syndication

Reuters reported midstream company Zenith Energy US Logistics Holdings has pulled the plug on a $450 million leveraged loan due to lack of interest from investors.

Barclays, HSBC, Others Upsize Hanes Facility to $2.25B

HanesBrands amended its senior secured credit facility, which was increased to $2.25 billion from $1.925 billion.

Barclays, GS, Others Support SK Capital Israel Chemicals Buy

SK Capital signed an agreement to acquire the fire safety and oil additives businesses of Israel Chemicals for approximately $1 billion. Barclays, Goldman Sachs and HSBC Securities will provide debt financing to support the transaction.

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.

Wells Fargo Agents $200MM Upsize for CVR Refining

CVR Refining and its subsidiaries amended the company’s ABL credit agreement, allowing for an increase in borrowings of up to $200 million.

Barclays, PNC Capital Markets Lead Fairmount Santrol $825MM Refi

Fairmount Santrol completed its debt refinancing with a new $700 million, five-year term loan facility and secured a new $125 million, five-year revolving credit facility. Barclays served as administrative agent for the term loan, and PNC Capital Markets agented the ABL revolver.