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KeyBank Agents $300MM Credit Facility for DMC Global

DMC Global, an owner and operator of manufacturing businesses, closed a five-year, $300 million senior secured credit facility consisting of a $200 million revolving credit facility, a $50 million term loan and a $50 million delayed-draw term loan. KeyBank is serving as administrative agent for the facility.

February 7, 2024 Bank of America | Bank of Oklahoma | CIBC | Comerica Bank | Commerce Bank | DMC Global | Eric Walter | KeyBank | Michael Kuta | U.S. Bank Phil Neuffer

CIBC and Axos Join Lender Group for America’s Car-Mart’s Amended Facilities

America’s Car-Mart extended the term of its revolving credit facilities to Sept. 29, 2024, and increased the total permitted borrowings to $600 million. In addition, CIBC Bank USA and Axos Bank joined the lending group.

October 1, 2021 America’s Car-Mart | Arvest Bank | Axos Bank | BMO Harris | BOK Financial | CIBC Bank USA | Commerce Bank | First Horizon Bank | Jeff Williams | MUFG Union Bank | Vickie Judy | wells fargo Phil Neuffer

Bank of America Leads Extension of $750MM Revolver for Graybar

Graybar completed the amendment and extension of its unsecured committed revolving credit facility. The amendment, among other things, extended the company’s five-year, $750 million revolving credit facility.

August 19, 2021 Bank of America | BMO Capital Markets | BofA Securities | Comerica Bank | Commerce Bank | Fifth Third Bank | Graybar | JPMorgan Chase Bank | PNC Capital Markets | Regions Bank | Scott Clifford | U.S. Bank | Wells Fargo Securities Ian Koplin

MUFG, BMO Harris and Others Increase America’s Car-Mart’s Line of Credit to $326MM

MUFG Union Bank, BMO Harris Bank, Wells Fargo, BOK Financial, First Horizon Bank, Arvest Bank and Commerce Bank increased America’s Car-Mart’s existing line of credit to from $241 million to $326 million. MUFG joined the group as a new lender.

January 4, 2021 America’s Car-Mart | Arvest Bank | BMO Harris Bank | BOKF | Commerce Bank | First Horizon Bank | MUFG | Vickie Judy | wells fargo Phil Neuffer

Commerce Bank Names Steiner Corporate Controller/CAO

Commerce Bank has promoted Paul Steiner to corporate controller and chief accounting officer of Commerce Bancshares.

April 23, 2019 Commerce Bank | Paul Steiner nadine

Goldman Sachs Agents $270MM Revolver for Peabody

Peabody successfully completed an amendment of its senior secured credit agreement and closed on commitments for a $270 million revolving credit facility, which is expected to lead to the release of a comparable amount of restricted cash over time.

November 21, 2017 BMO Capital Markets | Commerce Bank | Credit Suisse | Goldman Sachs | JPMorgan Chase | Macquarie Bank | Peabody | Regions Bank ABF Journal

BofA Agents America’s Car-Mart Facility Upsize to $200MM

A group of lenders led by Bank of America increased America’s Car Mart credit facility from $171.2 million to $200 million and extended the maturity date to December 12, 2019.

December 14, 2016 America’s Car-Mart | Arvest Bank | Bank of America | Bank of Arkansas | Commerce Bank | First Tennessee Bank ABF Journal

Sullivan to Lead Commerce Bank Expansion to Indianapolis

Commerce Bank will establish a commercial banking office in Indianapolis led by Brian Sullivan, SVP.

August 19, 2016 Commerce Bank ABF Journal

Commerce Bank Announces Bloomington, IL Market President

Commerce Bank announced that Jared Hall will assume the role of Bloomington market president. Hall was previously with Aldine Capital, Northern Trust and American National Bank.

September 28, 2015 Commerce Bank | Jared Hall Rita Garwood

Commerce Bank Provides World Energy Facility

World Energy Solutions announced it entered into a $6 million term loan and $2.5 million line of credit with Commerce Bank.

January 7, 2014 Commerce Bank | World Energy Solutions ABF Journal