Citizens Agents $100MM Revolver for Champion Home Builder

Citizens Bank served as administrative agent on a $100 million revolving credit facility for Champion Home Builder and its new parent company Skyline Champion.

BofA, Others Upsize Celadon Revolver to $195MM

Shipping company Celadon Group amended its revolving line of credit, increasing the maximum borrowing capacity from $180 million to $195 million and the letters of credit from $30 million to $35 million.

JPMorgan Agents New $300MM ABL Revolver for Star Group

Home energy provider Star Group closed a $300 million asset-based revolving credit facility with JPMorgan Chase as administrative agent.

BofA Agents $675MM Facilities for TriNet

Bank of America acted as administrative agent on a credit agreement with TriNet Gorup for $675 million in new senior secured credit facilities.

ABN AMRO Upsizes Goodnight Midstream Facility to $320MM

Goodnight Midstream expanded its revolving credit facility from $165 million to $320 million. ABN AMRO Capital USA served as administrative agent, book runner and sole lead arranger on the transaction.

Citizens Agents $60MM DIP for Rockport

Footwear manufacturer The Rockport Group entered into an asset purchase agreement with CB Marathon. To facilitate the sale, Rockport filed for Chapter 11 in the U.S. Bankruptcy Court for Delaware.

BofA Agents $550MM Facility for Casella Waste Systems

Casella Waste Systems, a regional solid waste, recycling and resource management services company, entered into a $550 million credit facility with Bank of America as administrative agent.

Nine Banks Face Losses on American Greetings Buyout Debt

According to a Reuters report, nine banks are facing losses on loan and bond financing backing the buyout by a private equity firm of American Greetings.

Bickers Named Head of Citizens Business Capital Team

Citizens Bank tapped Patrick Bickers to lead its Business Capital team.

JPMorgan Agents GNC Nutrition Refi

GNC Nutrition Centers extended the maturity date of its term loans, cancelled its existing revolving credit facility and entered into a new $100 million ABL revolver. A portion of the extended term loans were exchanged for ABL FILO term loans which, together with certain other newly funded ABL FILO term loans, equal $275 million in aggregate principal amount.