BofA Agents $1B Facility to Support Ritchie Bros. Acquisition

Richie Bros. Auctioneers closed a $1 billion credit facility to partially fund its IronPlanet acquisition and provide the company with enhanced financial flexibility. Bank of America served as administrative agent.

SunTrust Agents IronPlanet’s New $55MM Debt Facility

IronPlanet closed a new $55 million senior secured credit facility with a syndicate of lenders led by SunTrust Bank as administrative agent.