Capital One Agents $350MM Facility for Covis Pharma

Capital One served as administrative agent and lead arranger on a $350 million senior credit facility for Covis Pharma. The facility includes a $25 million revolver and a $325 million term loan.

BofAML Arranges $600MM Revolvers for BGC Partners, Newmark

Bank of America Merrill Lynch acted as the active lead arranger on two separate credit facilities for BGC Partners and Newmark Group, respectively. Together, the credit agreements total $600 million.

JPMorgan Chase Agents $600MM Revolver for Cardtronics

Cardtronics entered into an amended and restated $600 million revolving credit facility. JPMorgan Chase Bank served as administrative agent on the facility.

Capital One: ABS Optimism Remains High Despite Rising Interest Rates

A Capital One survey conducted at the ABS East 2018 Conference found that 94% of respondents expect buy-side interest in asset-backed securities to increase or remain the same in the coming year.

J.P. Morgan, BMO Harris, Others Arrange $1.3B Welbilt Refi

Welbilt amended its senior secured credit facility, increasing the borrowing limit for the revolving credit facility to $400 million from $275 million and extending maturity date to October 23, 2023.

Capital One Names Elliott North Louisiana Market President

Jennifer Elliott joined Capital One as North Louisiana Market president and commercial relationship manager.

RBC Agents $750MM Facility for Northern Oil and Gas

Northern Oil and Gas has closed an agreement with Royal Bank of Canada, as administrative agent, and a syndicate of lenders under a new $750 million first lien revolving credit facility.

Capital One Adds Noll to Convenience and Gas Banking Team

Jason Noll joined the Capital One Commercial Bank as a vice president on the Convenience and Gas Banking Team. Noll is based in Chicago and will report to Richard Amador, senior vice president and market manager of the C&G Banking Team.

ABN AMRO, Madava Agent Azure Midstream Refi

Azure Midstream Energy closed on a first lien senior secured credit facility led by ABN AMRO and a second lien secured term loan facility led by Madava Financial.

Capital One EF Stymied in Effort to Collect $33.7MM Medallion Loans

The New York Supreme Court denied Capital One Equipment Finance’s motion to recover payment on 22 taxi-medallion loans totaling $33.7 million. The court ruled that the defendants needed more time to evaluate the discovery documents.