Tag Archives: BMO Capital Markets

BMO Leads Lender Group Providing $250MM Credit Facility to Priority Power Management

Priority Power Management refinanced its existing debt and increased its credit facility from $85 million to $250 million. Priority Power Management executed the new five-year credit agreement comprising a $150 million revolving credit facility, $50 million term loan and $50 million revolver accordion.

Industrial Logistics Properties Trust Closes $1.235B Debt Financing with Syndicate of Lenders

Industrial Logistics Properties Trust closed on a $1.235 billion debt financing with a final maturity date of Oct. 9, 2027. The financing is secured by a portfolio of 104 industrial properties containing approximately 18.6 million square feet across 31 states.

Bank of Nova Scotia and HSBC Amend NFI Group’s Credit Facilities

NFI Group amended its existing $1.25 billion senior revolving credit facility and £50 million ($61 million) revolving UK credit facility. The Bank of Nova Scotia is the administrative agent for the revolver and HSBC UK is the administrative agent for the UK facility.

Bank of America Leads Lender Group Providing $700MM Credit Facility to Sprouts Farmers Market

Sprouts Farmers Market closed a $700 million revolving credit facility under a credit agreement dated as of March 25. Bank of America acted as administrative agent, issuing bank and swingline lender for the facility.