Wells Fargo, Nomura Agent BJ’s Wholesale Club Refi

BJ’s Wholesale club amended its first lien term loan agreement with Nomura Corporate Funding as administrative agent and its ABL agreement with Wells Fargo as administrative agent

Barclays, UBS, Others Support Ortho-Clinical $2.6B Refi

Ortho-Clinical Diagnostic refinanced its credit agreement. The amended agreement consists of a $2.325 billion term B loan and a $350 revolving credit facility.

Barclays, UBS, Others Lead Stada $2.8B Buyout Financing

Reuters reported that Barclays, Nomura and UBS led the leveraged loan financing to support Bain Capital and Cinven’s buyout of German drug maker Stada.

Reuters: Morgan Stanley, Others Support AMGH Acquisition of AMR

Reuters reported Air Medical Group, a KKR portfolio company, will borrow $2.2 billion to support its acquisition of American Medical Response. Morgan Stanley, Goldman Sachs, Jefferies, BofA Merrill Lynch, Credit Suisse, Citi and Numura are leading the bank group.

Reuters: Highly Leveraged U.S. Deals Still in Demand

Reuters reported that regulatory scrutiny hasn’t slowed banks and alternative lenders from underwriting highly leveraged U.S. loans, with one third of buyout loans in Q1/17 having leverage of more than 7.0 times.

Morgan Stanley, Barclays, Jefferies Others Support Clearlake Acquisition

Clearlake Capital will acquire LANDESK from Thoma Bravo. Fully committed financing for the transaction was provided by Morgan Stanley Senior Funding, Barclays, Jefferies, Golub Capital, Macquarie and Nomura.

Barclays, Others Arrange $1.95B Platform Specialty Products Amendment

Platform Specialty Products completed the repricing, extension and amendment of existing term loans under its credit agreement. Barclays, Credit Suisse, Citibank and Nomura acted as joint lead arrangers.

Reuters: Barclays, Others Arrange $2.525B J&J Credit Facility

Reuters reported that Ortho-Clinical Diagnostics, a unit of Johnson & Johnson, will launch a $2.525 billion senior secured credit facility to finance its acquisition by Carylyle Group.