CIT Bank Exec Gagnon Joins Banc of California as CCO

Banc of California hired Kris Gagnon as chief credit officer. Gagnon joins from CIT Bank, where he served as chief credit officer and brings expertise as a credit executive in commercial banking.

Wells Fargo Supports Mid-Con Energy Powder River Basin Buy

Mid-Con Energy Partners has acquired the assets of Powder River Basin. Wells Fargo served as administrative agent for an expansion of the company’s borrowing base to $125 million to support the transaction.

ABN AMRO Agents $175MM Eureka Midstream Upsize

Eureka Midstream closed on a $400 million senior secured revolving credit facility with ABN AMRO Capital USA as administrative agent and sole lead arranger.

WFCF, CIT Arrange $200MM Facility for Upland Software

Upland Software closed a $200 million credit facility with Wells Fargo Capital Finance and CIT Bank as lead arrangers. Goldman Sachs USA, Regions Bank and Citizens Bank participated in the financing.

CIT Bank Enters Into Strategic Partnership with Allstate

CIT Bank created a strategic partnership with Allstate. The joint venture, CIT Northbridge Credit, will provide revolving and term loan commitments to middle market companies.

CIT Joins Syndicate Providing Warehouse Upsize to Ygrene Energy

Ygrene Energy Fund upsized its warehouse credit line to $410 million provided by Deutsche Bank, SunTrust Robinson Humphrey, Nomura Corporate Funding and new participant CIT Bank.

Wells Fargo-Led Syndicate Amends General Finance Revolver

General Finance amended and extended its North American senior secured revolver with a syndicate led by Wells Fargo that also included: East West Bank, CIT Bank, KeyBank, Private Bank and Trust and Bank Hapoalim.

Macquarie, AMS, CIT Close First Battery Storage Project Financing

Macquarie Capital closed the first non-recourse project financing of battery-based energy storage systems with CIT Bank.

WFCF, CIT Arrange $90MM Upland Software Credit Facility

Upland Software closed an expanded credit facility that provides for up to $90 million in borrowing capacity with Wells Fargo Capital Finance and CIT Bank as joint lead arrangers

KeyBanc Capital Markets Arranges $434MM sPower Equity/Debt Financing

sPower, a private owner of utility-scale solar operating assets, completed a $434 million tax equity investment and construction/term loan. KeyBanc Capital Markets acted as coordinating lead arranger.