Wells Fargo Agents $750MM Facility for Fossil
Fossil Group and Fossil Group Europe amended their credit facility with Wells Fargo as administrative agent to include a $325 million revolving credit facility and a $425 million term loan.
Fossil Group and Fossil Group Europe amended their credit facility with Wells Fargo as administrative agent to include a $325 million revolving credit facility and a $425 million term loan.
Fifth Third has hired Jed Scala as executive vice president and head of Payments and Commerce Solutions, reporting to Tim Spence.
Aaron’s, a lease to own company, amended its credit facility with SunTrust Bank as administrative agent, increasing the revolving credit facility to $400 and adding a new $100 term loan.
A subsidiary of Textainer Group refinanced its credit agreement to extend its term loan and lower the rate on its warehouse facility. PNC, Fifth Third and Everbank Commercial Finance have joined the syndicate of lenders.
Varian Medical Systems terminated its August 27, 2013 credit facility and replaced it with a $600 million revolver with Bank of America as administrative agent.
The Andersons entered into a sixth amended loan agreement for a $800 million credit facility with a lender group led by U.S. Bank serving as administrative agent.
Energy Transfer Equity entered into a $2.2 billion senior secured term loan agreement with Credit Suisse, Cayman Islands Branch as administrative agent.
Teleflex refinanced its credit facilities with JPMorgan as administrative agent, providing a $1 billion five-year revolver and a $750 million delayed draw loan to support the company’s acquisition of Vascular Solutions.
Blue Bird, an independent designer and manufacturer of school buses, refinanced its $160 million term loan and $75 million revolving line of credit. Bank of Montreal served as administrative agent and issuing bank.
Bank of America served as administrative agent for $386 million in debtor-in-possession financing to Performance Sports Group as part of its financial restructuring process.