PNC Agents $600MM Revolver for CNX

CNX Midstream Partners closed a new senior secured revolving credit facility, expanding their borrowing capacity to $600 million. PNC Bank served as both administrative and collateral agent on the transaction.

JPMorgan, PNC Extend $500MM Worthington Revolver

Metal manufacturers Worthington Industries extended and amended its existing five-year, $500 million revolving credit facility. JPMorgan Chase and PNC Capital Markets led the bank consortium for the amendment.

Credit Suisse Agents $1.2B Agreement for Campbell’s Soup

Campbell Soup closed a $1.2 billion three-year term loan credit agreement agented by Credit Suisse, Cayman Islands Branch.

BofA Upsizes Keane ABL to $300MM

Keane Group amended its ABL facility with Bank of America serving as administrative agent, increasing the total availability to $300 million.

JPMorgan Chase Agents $700MM Revolver for Churchill Downs

Churchill Downs closed a $700 million senior secured revolving credit facility and a $400 million senior secured term loan B. JPMorgan Chase served as the revolver’s administrative agent.

Barclays, HSBC, Others Upsize Hanes Facility to $2.25B

HanesBrands amended its senior secured credit facility, which was increased to $2.25 billion from $1.925 billion.

PNC Capital Markets Leads New $600MM Revolver for Steel Partners

Steel Partners Holdings entered into a new five-year, $600 million revolving credit facility with a syndicate of banks led by PNC Capital Markets.

Barclays, PNC Capital Markets Lead Fairmount Santrol $825MM Refi

Fairmount Santrol completed its debt refinancing with a new $700 million, five-year term loan facility and secured a new $125 million, five-year revolving credit facility. Barclays served as administrative agent for the term loan, and PNC Capital Markets agented the ABL revolver.

BofA Supports ABM Industries Acquisition of GCA Services

ABM Industries completed the acquisition of GCA Services Group for approximately $1.25 billion. Bank of America served as administrative agent for a $900 million revolving credit facility and an $800 million term loan to support the transaction.

PNC Agents $550MM Revolver for Advanced Drainage

Advanced Drainage Systems completed a $550 million revolving credit facility with PNC as administrative agent.