BB&T Upsides Synalloy ABL Facility to $65MM

Synalloy refinanced and increased its asset-based ABL facility with Branch Banking and Trust from $45 million to $65 million. The ABL will be used to finance working capital needs and as a source for funding future acquisitions.

BB&T Provides $50MM Revolver for Applied Optoelectronics

Applied Optoelectronics entered into $50 million three-year revolver with BB&T. The company terminated credit agreements with East West Bank and Comerica Bank.

United Community Bank Adds $15MM to Triangle Capital Facility

Triangle Capital, a provider of capital to lower middle market companies, received a new commitment of $15 million from United Community Bank to its senior secured credit facility.

SunTrust Upsizes Aaron’s Facility to $500MM

Aaron’s, a lease to own company, amended its credit facility with SunTrust Bank as administrative agent, increasing the revolving credit facility to $400 and adding a new $100 term loan.

BofA, Others Amend and Extend ManTech International Facility

ManTech International amended and restated its credit agreement with Bank of America as administrative agent, extending the maturity date and increasing the letter of credit sublimit.

BofA Agents $350MM Credit Facility for United Leasing & Finance

United Leasing & Finance closed a $350 million, multi-year senior secured revolving credit facility with an accordion expansion to $475 million with Bank of America as agent.

U.S. Bank Agents $50MM ArcBest Upsize

ArcBest entered into a credit agreement with U.S. Bank as administrative agent, which increased commitments from $150 million to $200 million and included a $100 million accordion feature.

Wells Fargo CDF Agents $350MM Upsize Facility for MarineMax

Boat and yacht retailer MarineMax expanded its financing facility to provide for borrowing of up to $350 million, up from its previous limit of $300 million. Wells Fargo CDF was the agent for the facility.

RBC Reduces Northern Oil and Gas Facility to $325MM

Royal Bank of Canada reduced the Northern Oil and Gas credit facility from $350 million to $325 million at its semi-annual redetermination. Concurrently, BB&T provided a separate $2.4 million term loan under the facility.

BB&T Names Daly to Lead West Florida Region

Jim Daly has been named president of BB&T’s West Florida region, replacing Ken Coppedge who retired.