BofA, US Bank Arrange $100MM Credit Facility for EnviroStar

Bank of America and U.S. Bank acted as joint lead arrangers on a new five-year, $100 million syndicated credit facility for EnviroStar. Fifth Third Bank also participated in the facility.

Wells Fargo Agents $650MM Facility for Churchill Downs Casino Recap

Churchill Downs agreed to acquire ownership interests in Midwest Gaming Holdings. Following the sale, Wells Fargo will agent a new revolving credit and term loan agreement of up to $650 million for Midwest.

Citibank, Citizens Lead $75MM Facility for MiraMed

MiraMed Global Services completed a new five-year, $75 million syndicated senior secured credit facility with Citibank and Citizens served as lead arrangers.

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

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

Fifth Third Beat Out BMO Harris’ Higher Offer to Buy MB Financial

Crain’s Business Journal reported that Toronto-based BMO Financial Group made a higher offer than Fifth Third Bank to acquire MB Financial, but MB’s board voted to go with the U.S.-based bank.

JPMorgan Agents $6.8B Facilities to Support Microchip Microsemi Buy

Microchip Technology completed its acquisition of Microsemi in a deal valued at $10.3 billion. JPMorgan agented an amendment to the company’s credit facility that provided a revolving loan of approximately $3.8 billion and a $3 billion term loan.

Fifth Third Names Zaunbrecher New Chief Legal Officer

Susan B. Zaunbrecher has joined Fifth Third Bank as chief legal officer and corporate secretary. Zaunbrecher replaces Jelena McWilliams who was tapped to lead the FDIC.

JPMorgan Agents $3.8B Revolver for Microchip Technology

Microchip Technology amended its credit facility dated June 27, 2013 with JPMorgan Chase Bank. The amended facility provides for a revolving loan of approximately $3.8 billion.

Wells Fargo, PNC, Others Upsize Ferrellgas A/R Facility

Ferrellgas Partners increased its accounts receivable securitization facility from $225 million to $250 million with a bank group that included Wells Fargo, PNC and Fifth Third.

Fifth Third Agents $35MM Facility for DLH Holdings

DLH Holdings, along with its subsidiaries, DLH Solutions and Danya International, closed a $35 million credit agreement with Fifth Third Bank as administrative agent.