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.

PNC Agents Crocs Facility Upsize to $100MM

Crocs and its subsidiaries amended its credit facility agented by PNC Bank to increase the aggregate amount from $80 million to $100 million.

JPMorgan Agents $400 Revolver for Knowles

Knowles, a supplier of advanced micro-acoustic, audio processing and specialty component solutions, closed a new credit facility with JPMorgan as administrative agent.