HSBC Agents New $450MM Revolver for TerraForm Power

TerraForm Power, a renewable energy company based in Maryland, closed a $450 million revolving credit facility with HSBC USA as administrative agent.

Pengrowth Energy Amends Covenants with RBC Led Bank Syndicate

Pengrowth Energy finalized the terms of amending its agreements with lenders under its syndicated bank facility. Royal Bank of Canada and RBC Capital Markets are serving as agent and lead arranger, respectively.

Wells Fargo, BofA Agent New Facilities for Tronox Totaling $2B

Tronox closed a $1.5 billion first lien term loan credit facility and a $500 million asset-based revolving syndicated facility. Wells Fargo was administrative agent for the ABL, and Bank of America was administrative agent for the term loan.

RBC, Jefferies, Morgan Stanley Support H.I.G Repurchase of Vantage

Reuters reported that Morgan Stanley, RBC Capital Markets and Jefferies agreed to provide $710 million in debt financing to support H.I.G. Capital’s $1 billion repurchase of Vantage Specialty Chemicals.

BofA Agents $600MM Revolver for Varian Medical Systems

Varian Medical Systems terminated its August 27, 2013 credit facility and replaced it with a $600 million revolver with Bank of America as administrative agent.

Credit Suisse Agents $1.8B Term Loan for TransDigm

TransDigm closed a term loan of $1.8 billion maturing in 2024 at a rate of LIBOR + 3.00% and repaid in full the existing tranche C term loans, pursuant to an amendment to its existing credit agreement.

Barclays Upsizes RadNet Facility by $170MM

RadNet amended its senior secured first lien credit agreement to raise an additional $170 million of senior secured first lien term loans, the proceeds of which were used to repay and retire RadNet’s second lien term loan. Barclays served as administrative agent.

Deutsche Bank Agents TransUnion Upsize to $700MM

TransUnion amended and restated its credit agreement with Deutsche Bank Trust Company Americas as administrative agent and collateral agent, increasing commitments of term loans and the revolving facility.

Credit Suisse Leads $2.2B Financing of KKR Nature’s Bounty Buy

Reuters reported that KKR has lined up $2.25 billion in debt financing for its leveraged buyout of vitamin-maker Nature’s Bounty.

JPMorgan Agents $725MM Facility for Verint Systems

Verint Systems completed a credit agreement with JPMorgan as administrative agent for $725 million, including a seven-year $425 million term loan and a five-year $300 revolving credit facility.