DNB Agents $125MM Facilities to Support GulfMark Restructuring

GulfMark Offshore completed its financial restructuring plan and emerged from bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. DNB Capital served as administrative agent for a $25 million revolver and a $100 million term loan to support the restructuring.

BofA Agents $930MM Facility for Rayonier

Rayonier Advance Materials amended its credit facility with Bank of America as administrative agent to support its acquisition of Tembec.

Bank of America Upsizes PRA Group Facility to $1.2B

PRA Group expanded its North American credit facility to $1.2 billion, consisting of a $450 million term loan and a $755 million revolver. Bank of America was administrative agent for the transaction.

Wells Fargo Agents $800MM Oceaneering Facility Extension

Oceaneering extended the maturity on its $300 million term loan and $500 million revolving credit facility to October 25, 2020 and October 25, 2019 respectively. Wells Fargo was administrative agent for the transaction.