Citibank Agents New $650MM Facility for Allscripts
Allscripts Healthcare said it entered into a new credit agreement with Citibank, as syndication agent, encompassing a $225 million senior secured term loan and a $425 million revolver.
Allscripts Healthcare said it entered into a new credit agreement with Citibank, as syndication agent, encompassing a $225 million senior secured term loan and a $425 million revolver.
Materion entered into a second amended and restated credit agreement with JPMorgan Chase Bank as administrative agent. The new $375 million credit agreement matures on June 20, 2018.
Orthotic and prosthetic distributor Hanger announced the signing of a new credit agreement that increases its senior secured facilities to $425 million from $400 million. BofA Merrill Lynch and Wells Fargo served as joint lead arrangers on the transaction.
U.S. coal producer Alpha Natural Resources said it has amended its credit facility increasing the total amount from $1.6 billion to $1.725 billion. Citicorp acted as administrative and collateral agent for the lender group.
Medical Action Industries entered into a credit agreement for $65 million with Wells Fargo. The new credit facility refinances and replaces the previous agreement which had been scheduled to expire in June 2014.
BIOLASE, a manufacturer of dental lasers, said that Comerica Bank has increased its credit facility from $8 million to $10 million and decreased both the domestic and Ex-Im interest rates.
Carriage Services amended to its credit agreement, which was increased to $125 million. BofA served as administrative agent with Raymond James Bank, Regions Bank and Amegy Bank as co-syndication agents.
The Men’s Wearhouse closed its amended and restated credit facility, which consists of a $300 million revolver and $100 million term loan. JPMorgan served as administrative agent with Bank of America and US Bank serving as co-syndication agents.
1-800-FLOWERS.COM said it has entered into a new amended credit facility, comprised entirely of a $200 million revolver, with a syndicate of lenders led by JPMorgan Chase.
Universal Stainless & Alloy Products said it has amended its credit agreement with PNC Bank serving as administrative agent for a syndicate of banks.