M&T, SunTrust Lead $687MM Prime Motor Group Refi

Prime Motor Group completed a $687 million refinancing with a syndicate of lenders led by Manufacturers and Traders Trust and SunTrust Bank.

JPMorgan Chase, Wells Fargo Arrange $1.2B Office Depot Facility

The merger agreement between Staples and Office Depot has been terminated. Simultaneously, JPMorgan Chase and Wells Fargo arranged a $1.2 billion five-year credit facility for Office Depot.