JPMorgan Agents New $300MM ABL Revolver for Star Group

Home energy provider Star Group closed a $300 million asset-based revolving credit facility with JPMorgan Chase as administrative agent.

ABN AMRO Upsizes Goodnight Midstream Facility to $320MM

Goodnight Midstream expanded its revolving credit facility from $165 million to $320 million. ABN AMRO Capital USA served as administrative agent, book runner and sole lead arranger on the transaction.

BofA Agents $650MM ABL for Conn’s

National retailer Conn’s amended its $650 million asset-based revolving credit facility with Bank of America as administrative agent.

SunTrust Agents $185MM Rotech Credit Agreement

Rotech Healthcare entered into a new $185 million credit agreement with SunTrust Bank as administrative agent and issuing lender on the transaction.

Regions Bank Agents Neogenomics Credit Facility Amendment

NeoGenomics Laboratories and certain of its subsidiaries, as guarantors, amended its $150 million credit agreement, consisting of a revolver and a term loan. Regions Bank served as both administrative and collateral agent on the transaction.

BofA Agents $605MM Senior Credit Facility for Hanger

Hanger closed a new $605 million senior credit facility consisting of a $100 million 5-year revolving credit facility and a $505 million, seven-year term loan B. Bank of America served as the administrative agent for the transaction.

BofA Agents Cleveland-Cliffs ABL Facility Downsize

Cleveland-Cliffs amended its senior secured asset-based lending credit facility, extending the maturity date and reducing the oversize from $550 million to $450 million. Bank of America was administrative agent and lead arranger for the transaction.

Regions Upsizes Ebix Facility to $650MM

Ebix expanded its existing credit facility from $450 million to $650 million to assist in funding its growth. Regions Bank served as administrative agent for the transaction.

BofA Agents $300MM Facility for Ichor Holdings

Ichor Holdings authorized the repurchase of up to $50 million of the company’s ordinary shares. Concurrently, the company refinanced its credit facility with a $175 term loan and a up to $125 million revolver in a transaction agented by Bank of America.

Regions Beats Estimate Despite Tax Act Charge

Regions Financial announced Q4 and full year 2017 earnings of $318 million and $1.193 million, respectively, were up from $278 million and $1.094 million in 2016, despite a tax reform charge of $29 million.