Claire’s Files Chapter 11, Citigroup to Provide DIP Financing

According to Reuters, retail chain Claire’s Stores has filed for Chapter 11 in U.S. bankruptcy court in Delaware. Citigroup will provide DIP financing for the company as it goes through restructuring.

JPMorgan, BofAML, Citi Lead Blackstone Financing for Thomson Reuters Buy

Reuters reported that JPMorgan, Bank of America Merrill Lynch and Citigroup are leading a syndicate of more than 20 banks that have been invited to underwrite Blackstone’s acquisition of a majority stake in Thompson Reuters’ Financial and Risk unit.

J.P. Morgan, BofA, Citi Support Thomson Reuters/Blackstone Partnership

Thomson Reuters agreed to enter into a strategic partnership with Blackstone. As part of the transaction, Thomson Reuters will sell a 55% majority stake in its F&R business to private equity funds managed by Blackstone.

BofA Upsizes Keane ABL to $300MM

Keane Group amended its ABL facility with Bank of America serving as administrative agent, increasing the total availability to $300 million.

JPMorgan Chase Agents Navistar $1B Refi

Navistar International launched the refinancing of its existing approximately $1 billion senior secured term loan.

Barclays Agents HealthSouth Senior Credit Facility Amendment

HealthSouth amended its credit agreement with a bank group led by Barclays Bank as administrative agent, increasing the size of its revolver and decreased the balance of its term loan facility.

Deutsche Bank Agents Over $1B Trinseo Facility

Trinseo Materials entered into a secured credit agreement with Deutsche Bank as administrative agent, consisting of up to $700 million in term loans and a $375 million revolving credit facility.

Reuters: Morgan Stanley, Others Support AMGH Acquisition of AMR

Reuters reported Air Medical Group, a KKR portfolio company, will borrow $2.2 billion to support its acquisition of American Medical Response. Morgan Stanley, Goldman Sachs, Jefferies, BofA Merrill Lynch, Credit Suisse, Citi and Numura are leading the bank group.

Citigroup Leads $445MM StorageMart Refi

Led by Citigroup, 10 lenders and investors refinanced the existing debt of Canadian self-storage company StorageMart.

Wells Fargo Agents $2.5B MPLX Facility

MPLX entered into a five-year, $2.5 billion credit agreement with Wells Fargo Bank as administrative agent for the lender group.