BBVA Agents New $130MM Facility for Akumin

Akumin closed two credit facilities for a principal amount of $130 million with a syndicate of lenders. The facilities consist of an $100 million term loan for and a $30 million revolving credit facility.

BBVA Compass Provides $40MM Revolver to ServiceSource

ServiceSource entered into a new $40 million senior secured revolving credit facility with BBVA Compass. The revolver will be used for working capital needs and other general corporate purposes.

BBVA Compass Provides Facility for Original ChopShop

Original ChopShop obtained a senior credit facility from BBVA Compass to support ongoing expansion of new restaurants. The funding package will allow the company, which currently has eight locations, to open another eight to 10 new restaurants by the end of 2019.

BofA Agents $650MM ABL for Conn’s

National retailer Conn’s amended its $650 million asset-based revolving credit facility with Bank of America as administrative agent.

BBVA Hires Three Relationship Managers for San Diego Office

BBVA Compass expanded its greater San Diego commercial banking team with three new corporate relationship managers: Mary Abad, Rik Martinez and Yandro Valdez.

Regions Upsizes Ebix Facility to $650MM

Ebix expanded its existing credit facility from $450 million to $650 million to assist in funding its growth. Regions Bank served as administrative agent for the transaction.

BBVA Compass Adds Flynn, McMullen to LA Office

BBVA Compass named Steve Flynn and Jon McMullen city president and relationship manager, respectively, in its Los Angeles Commercial Banking office.

BBVA Compass Hires Four for Atlanta Office

BBVA Compass named Zennie Lynch, Jr. city president of its corporate banking office in Atlanta. The bank also brought on board new relationship managers Adam Kessler, Ben Gibson and Benjamin James.

BBVA Names Kirshman Head of Energy Division

BBVA Compass named Blake Kirshman head of its Corporate & Investment Banking Energy Division following the planned retirement of Dorothy Marchand, a transition that was made effective in early January 2018.

Wells Fargo Agents TeleTech Facility Upsize to $1.2B

TeleTech Holdings amended its revolving line of credit by exercising its accordion feature to increase the total commitments by $300 million to $1.2 billion.