F.N.B. Corporation completed its merger with Baltimore-based Howard Bancorp on Jan. 22. The customer and branch branding conversion is scheduled to be finalized on Feb. 7.
F.N.B. Corporation received all regulatory clearances for its proposed merger with Howard Bancorp.
F.N.B. Corporation and Howard Bancorp signed a definitive merger agreement for FNB to acquire Howard, including its wholly-owned banking subsidiary, Howard Bank, in an all-stock transaction valued at approximately $418 million.
Ampco-Pittsburgh entered into an amended and restated credit agreement consisting of a $100 million, five-year asset-backed revolving line of credit with a $30 million accordion feature. PNC Bank will continue to serve as administrative agent for the credit facility.
Truist served as administrative agent on an increase from $705 million to $740 million for the revolving credit facility of Main Street Capital, according to a related 8K filed with the SEC.
DLH Holdings acquired privately-held Social & Scientific Systems of Silver Spring, MD. First National Bank of Pennsylvania agented a new five-year, $95 million facility to support the transaction.
Main Street Capital expanded the total commitments under its revolving credit facility from $655 million to $680 million. BB&T served as administrative agent for the 17-bank lender group.
Triangle Capital, a provider of capital to lower middle market companies, received a new commitment of $15 million from United Community Bank to its senior secured credit facility.
Ampco-Pittsburgh closed a new asset-based revolver of up to $100 million with a lender group led by PNC Bank serving as administrative agent.