Citibank Upsizes Sempra Energy Facility to $1.25B

Sempra Energy increased the maximum borrowing capacity under its credit facility from $1 billion to $1.25 billion. Citibank served as administrative agent for the transaction.

JPMorgan Chase Agents Westar $270MM Revolver Amendment

Westar Energy amended its $270 million revolving credit facility, extending the maturity to February 18, 2019. JPMorgan Chase acted as administrative agent and lender.

Mann Joins Citi as Global Chief Economist

Dr. Catherine Mann will join Citi Research in February 2018 as global chief economist, based in New York, overseeing the global Economics team and leading research across all areas of economics.

JPMorgan Agents $1.69B Agreement for Weight Watchers International

Weight Watchers International closed a new credit agreement consisting of a $1.54 billion senior secured tranche B term loan and a $150 million senior secured revolving credit facility.

Court Approves Avaya Restructuring Plan

The U.S. Bankruptcy Court for the Southern District of New York has confirmed Avaya’s second amended Chapter 11 plan of reorganization. As a result, Avaya expects to emerge from its restructuring process before the end of this year.

JPMorgan Agents $273MM Facility for Progress Software

Progress Software amended its credit agreement to include a $123.7 million senior secured term loan and a $150 million revolving credit facility.

BofA Agents New $2.25B Multcurrency Facility for CME Group

CME Group closed a new multi-currency revolving credit facility with a syndicate of banks led by Bank of America as administrative agent.

RBC Downsizes Pattern Energy Revolver to $440MM

Pattern Energy Group amended its credit agreement, downsizing its revolving credit limit from $500 million to $440 million.

Citibank Agents New $350MM Term Loan for Visteon

Visteon amended its credit agreement with Citibank as administrative agent. The amended agreement includes a new $350 million term loan.

Wells Fargo Agents $200MM Upsize for CVR Refining

CVR Refining and its subsidiaries amended the company’s ABL credit agreement, allowing for an increase in borrowings of up to $200 million.