Comerica Bank to Provide Credit Facility to ERI

Comerica Bank will provide ERI the largest credit facility in ERI’s 16-year history. Specific details of the financing were not disclosed.

Comerica Promotes Sefzik, Foley to Expand Business Bank

Peter L. Sefzik, Comerica Bank’s Texas Market president, will be named executive vice president of the Business Bank, and Brian P. Foley, Comerica Bank’s CCO-Texas, will succeed Sefzik as Texas Market president.

BB&T Upsizes Main Street Capital Facility to $680MM

Main Street Capital expanded the total commitments under its revolving credit facility from $655 million to $680 million. BB&T served as administrative agent for the 17-bank lender group.

Comerica Agents Credit Acceptance Facility Extension

Credit Acceptance extended the maturity of its $350 million revolving secured line of credit facility with a commercial bank syndicate from June 22, 2020 to June 22, 2021.

J.P. Morgan Leads Legendary Entertainment $1B Revolver

Legendary Entertainment closed a $1 billion senior secured revolving credit facility led by J.P. Morgan.

BOKF Agents $200MM Revolver for Superior Pipeline

Superior Pipeline entered into a credit agreement with BOKF, formerly Bank of Oklahoma, as administrative agent for a five-year, $200 million senior secured revolving credit facility.

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.

Comerica Bank Taps Richins to Lead Arizona Market

Comerica Bank named Steve Richins Arizona Regional president, effective immediately. Richins will retain his current duties as senior vice president and group manager of Commercial Banking.

National Bank of Canada Extends Boralex Revolver

Boralex extended the maturity of its C$460 million ($357 million) revolving credit facility to April 27, 2022. National Bank of Canada acted as lead arranger and administrative agent on the amendment.

Patel Named President of Comerica’s Technology and Life Sciences

Comerica Bank named current SVP and managing director of the West Coast Technology and Life Sciences (TLS) Division, Sunita Patel, president of the TLS Division.