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.
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.
Nu Skin Enterprises closed a $400 million term loan facility and a $350 million revolving credit facility with Bank of America as administrative agent.
W. R. Grace completed the $416 million acquisition of the Polyolefin Catalysts business of Albemarle Corporation. To support the purchase, Goldman Sachs served as administrative agent for a seven-year, $950 million term loan and a five-year, $400 million revolving credit facility.
JPMorgan Chase Bank acted as administrative agent on a $4 billion senior revolving credit facility for Apache Corporation.
HanesBrands amended its senior secured credit facility, which was increased to $2.25 billion from $1.925 billion.
SK Capital signed an agreement to acquire the fire safety and oil additives businesses of Israel Chemicals for approximately $1 billion. Barclays, Goldman Sachs and HSBC Securities will provide debt financing to support the transaction.
Stericycle completed a credit agreement comprised of a $1.2 billion revolving credit facility and a $950 million term loan.
TransDigm closed a term loan of $1.8 billion maturing in 2024 at a rate of LIBOR + 3.00% and repaid in full the existing tranche C term loans, pursuant to an amendment to its existing credit agreement.
Auto seating and electrical systems provider Lear entered into a new $2 billion credit agreement to refinance its existing facilities. The lenders included JPMorgan Chase, HSBC, BofA, Barclays and Citibank
Tahoe Resources amended its credit agreement with a syndicate of lenders led by the Bank of Nova Scotia, increasing revolving funds to $300 million and adding a $50 million accordion feature.