JPMorgan Chase Upsizes Highpoint Facility to $500MM

HighPoint Resources entered into an amended revolver which increased its borrowing based and commitment by 67% to $500 million. The bank syndicate was arranged by JPMorgan Case and included 11 participants.

MUFG Agents Chesapeake Energy $3.8B Revolver

Chesapeake Energy amended its senior secured revolving credit facility agreement, receiving initial commitments from 15 institutions totaling $3.8 billion, which exceeded the $3 billion borrowing base the company was seeking.

PNC, JPMorgan Chase Provide $285MM Facilities to Funko

Funko entered into a commitment letter with PNC for a $285 million credit facility consisting of a $50 million revolver and a $235 million term loan. JPMorgan will serve as joint lead arranger and syndication agent for the facilities.

JPMorgan, Orion Support Support Tiger Rental Recap

Tiger Rentals refinanced its $160 million credit facilities, consisting of a $100 million senior first lien term loan with Orion Energy Partners and a $60 million revolver with JPMorgan Chase.

BofA Agents $1.3BB Facility for Covanta

Covanta Holdings closed two new $1.3 billion credit facilities: a $900 million revolving credit facility and a $400 million term loan. The refinancing is an increase of $100 million over its previous facilities.

BofA Agents $411MM Exit Financing for Cenveo

The U.S. Bankruptcy Court for the Southern District of New York approved the exit plan of Stamford, CT-based print products company Cenevo. The company received exit financing commitments in the form of a $175 million ABL facility and a $236 million term loan.

JPMorgan Agents $500MM Revolver for Twitter

Twitter closed a $500 million revolving credit facility with JPMorgan as administrative agent.

JPMorgan, Orion Energy Provide $160MM Facilities to Tiger Rental

Tiger Rentals refinanced its $160 million credit facilities, including a $100 million term loan from Orion Energy Partners and a $60 million revolving credit facility with JPMorgan Chase.

FS/KKR Advisor Closes New $3.435B Revolver With JPMorgan

FS/KKR Advisor, a partnership between FS Investments and KKR Credit, closed a new $3.435 billion, five-year senior secured omnibus revolving credit facility that matures in August 2023. JPMorgan served as administrative agent for the facility.

BofA Agents $600MM Facility for Cantel Medical

Cantel Medical amended its $600 million credit agreement with Bank of America as administrative agent in conjunction with the company’s acquisition of Stericycle’s CES business.