PNC Agents $20MM Upsize for Funko

Funko amended its current credit facility to reduce the interest rates on the company’s term loan A and revolving credit facility by 75 basis points and increased the borrowing base under the revolving credit facility by $20 million.

PNC Supports ATPCO Acquisition of Routehappy

Outcome Capital acted as exclusive financial advisor to ATPCO for the acquisition of Routehappy and acted as placement agent for ATPCO in the arrangement of a credit facility with PNC to support the transaction.

Steenson to Lead PNC Business Banking

PNC Bank appointed Matthew Steenson to lead its Business Banking team, based in Pittsburgh.

BofA Agents $400MM Revolver for Genesco

Hat-maker Genesco and its subsidiaries completed a $400 million revolving credit facility with Bank of America as administrative agent.

Citizens Upsizes VSE Facility to $500MM

VSE amended its credit agreement with Citizens Bank as administrative agent, increasing the term loan to $100 million, the revolving credit facility to $300 million and the incremental facility from $75 million to $100 million.

PNC Closes $225MM Revolver for TaylorMade Golf

PNC Bank closed a $225 million senior secured asset-based revolving credit facility for TaylorMade Golf, a portfolio company of New York-based KPS Capital Partners.

PNC Provides $26MM Credit Facility to Aegis

PNC Bank closed a $26 million senior secured credit facility for Houston-based Aegis Chemical Solutions, a portfolio company of Intervale Capital. PNC served as administrative agent and sole lender.

PNC Reduces CNX Credit Facility to Support CONSOL Spinoff

CNX Resources Corporation completed the spin-off of CONSOL Energy, creating two publicly-traded companies. PNC reduced the capacity of CNX’s credit agreement to support the transaction.

PNC Agents $150MM Revolver for Staffing Firm CDI

PNC served as administrative agent on a $150 million revolver for staffing firm CDI, a portfolio company of AE Industrial Partners.

PNC Bank Names Bucher Regional President/Port Cities Region

PNC Bank appointed Brian Bucher regional president of a newly created Port Cities region, encompassing Jacksonville, FL, Charleston, SC and Savannah, GA effective January 1, 2018.