PNC Agents $315MM Facility for The Finish Line

PNC Bank served as administrative agent for a $315 million senior secured credit facility to support JD Sports Fashion’s acquisition of The Finish Line.

PNC Leads $230MM Facility for Motorcar Parts of America

PNC Bank led a new five-year $230 million credit facility for Motorcar Parts of America. The facility includes a $200 million revolver and $30 million term loan.

PNC Upsizes A. M. Castle Facility

A. M. Castle expanded its existing credit facility to increase its borrowing capacity by $25 million. PNC is the company’s first lien lender.

PNC Downsizes Cloud Peak Energy’s Credit Facility

Cloud Peak Energy amended its credit agreement with a bank group led by PNC as administrative agent, reducing the capacity of the facility to $150 million from $400 million.

PNC Agents New $267MM Facility for Hallador Energy

Hallador Energy entered into a new $267 million credit agreement with PNC Bank as administrative agent.

BofA, Others Support Albertsons/Rite Aid Merger

A group of lenders led by Bank of America and Merrill Lynch have committed to providing Albertsons with a $4.667 billion facility to support the company’s merger with Rite Aid.

TPG Leads New $575MM Facility for Ferrellgas

Ferrellgas Partners signed an agreement for a new facility with a group led by TPG Specialty Lending. The facility includes a $300 million cash flow revolver and a $275 term loan supported by commitments from TPG and PNC Bank.

Wells Fargo Agents $800MM Owens Corning Revolver

Wells Fargo acted as administrative agent, swingline lender and issuing lender on a new $800 million revolving credit facility for Owens Corning. The revolver replaces the company’s previous credit agreement.

BofA Supports Smucker Acqusition of Ainsworth Pet Nutrition

J.M. Smucker entered into a $1.5 billion term loan credit agreement with Bank of America. The funds will be used to finance the company’s recent acquisition of Ainsworth Pet Nutrition.

PNC Provides $33MM in Facilities to Motley

PNC Bank closed $33 million in senior secured credit facilities for Odessa, TX-based Motley Services, a portfolio company of District 5 Investments.