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.

JPMorgan Chase Agents Westar $270MM Revolver Amendment

Westar Energy amended its $270 million revolving credit facility, extending the maturity to February 18, 2019. JPMorgan Chase acted as administrative agent and lender.

Turner Named President of Regions Bank

John M. Turner Jr. was named president of Regions Bank and Regions Financial Corporation, its bank holding company. He replaces Grayson Hall, who will remain chairman and CEO.

Goldman Sachs Agents $270MM Revolver for Peabody

Peabody successfully completed an amendment of its senior secured credit agreement and closed on commitments for a $270 million revolving credit facility, which is expected to lead to the release of a comparable amount of restricted cash over time.