Goldman Sachs Supports Fusion Birch Buy

Fusion, a provider of cloud services, closed its acquisition of the business services unit of Birch Communications. Goldman Sachs served as administrative agent for $680 million in financing to support the buy.

Barclays, Others Support T-Mobile, Sprint Merger

T-Mobile and Sprint agreed to merge in an all-stock transaction, a total implied enterprise value of approximately $59 billion for Sprint and approximately $146 billion for the combined company.

Credit Agricole Replaces Morgan Stanley in Michelin Buy

Michelin terminated its previously announced credit facility with Morgan Stanley to support the acquisition of Fenner and entered into a new commitment with Credit Agricole.

Morgan Stanley Agents $$234MM Refi for Alkermes

Biopharmaceutical company Alkermes amended its credit agreement with Morgan Stanley as administrative agent to provide for a new class of replacement term loans for up to $284.5 million.

Morgan Stanley Advises Uber on $1.5B Term Loan B

According to Reuters, rideshare company Uber increased its self-arranged term loan B to $1.5 billion. Morgan Stanley served as financial advisor on the transaction.

BofA Merrill Lynch, JPMorgan Lead $8B Coty Refi

According to Reuters, Bank of America Merrill Lynch and JPMorgan will lead an $8 billion debt refinancing for beauty company Coty.

BofA Merrill Lynch, Barclays Arrange Pinnacle Refi

Pinnacle Foods completed the refinancing of its senior secured credit facilities in a significantly oversubscribed transaction. Bank of America Merrill Lynch and Barclays Bank acted as lead arrangers on the transaction.

Morgan Stanley Agents Cypress Loan Amendment

Cypress Semiconductor amended its credit agreement with a group of lenders led by Morgan Stanley Senior Funding, as administrative agent and collateral agent, and Morgan Stanley Bank as issuing bank.

Morgan Stanley, MUFG Support Cigna $67B Express Scripts Buy

Cigna will acquire Express Scripts in a cash and stock transaction valued at approximately $67 billion, including Cigna’s assumption of approximately $15 billion in Express Scripts debt.

MUFG Leads $4.35B Petrobas Revolver

Petróleo Brasileiro entered into a $4.35 billion revolving credit facility with a syndicate of 17 banks. The Bank of Tokyo-Mitsubishi UFJ served as senior mandated lead arranger on the transaction.