BofA Upsizes Keane ABL to $300MM

Keane Group amended its ABL facility with Bank of America serving as administrative agent, increasing the total availability to $300 million.

ING, J.P. Morgan, BofA Merrill Arrange $600MM Oaktree Revolver

Oaktree Specialty Lending entered into a new $600 million secured revolver. ING Capital, J.P. Morgan and Bank of America Merrill Lynch served as joint lead arrangers on the deal.

Citi Agents $850MM Revolver for Ardagh

Ardagh Group closed on a five-year asset-based revolving credit facility of $850 million agented by Citi.

ING Capital Agents Oaktree Specialty Lending $600MM Revolver

Oaktree Specialty Lending entered into a new secured revolving credit facility with a $600 million capacity and a maturity date of November 2020.

BofA, HSBC Lead Oxea $1B Plus Refi

Oxea, a global manufacturer of oxo chemicals, closed a €900 million ($1.06 billion) equivalent first lien term loan. The company also entered into a new and significantly upsized €137.5 million ($162 million) six-year revolving credit facility.

J.P. Morgan, Credit Suisse, Others Support Golden Entertainment Buy

Golden Entertainment successfully completed syndication of its financing commitments to fund its pending acquisition of American Casino & Entertainment and to refinance Golden’s outstanding debt at closing.

Jeffries, J. P. Morgan Arrange New $500MM Term Loan for Int’l Seaways

International Seaways closed on a new $500 million term loan and a $50 million revolving credit facility. Jeffries Finance and J.P. Morgan were joint lead arrangers for the term loan. Skandinaviska Enskilda Banken provided the revolver.

JPMorgan Agents $75MM Revolver for Fortress Transportation

JPMorgan is administrative agent for a $75 million revolving credit for Fortress Transportation and Infrastructure, which just completed the acquisition of Hannibal Development for approximately $30 million.

J.P. Morgan Leads $2.1B MGM Facility to Support Epix Buy

Metro-Goldwyn-Mayer closed a $1 billion five-year revolving credit facility that includes a $250 million optional accordion and a new $850 million five-year term loan A.

JPMorgan Q1 Earnings Increase on Higher Revenue, Lower Provisioning

JPMorgan Chase reported Q1/17 net income of $6.45 billion, up 17% from $5.52 billion a year earlier. The bank noted revenue was up $1.5 billion and provision charges were down 28% helped by oil & gas releases.