Citizens Agents $100MM Revolver for Champion Home Builder

Citizens Bank served as administrative agent on a $100 million revolving credit facility for Champion Home Builder and its new parent company Skyline Champion.

Barclays Upsizes OpenText Term Loan to $1B

Barclays acted as administrative agent, collateral agent and swing line lender on an amendment and restatement to Open Text’s existing term loan B credit facility, increasing the aggregate principal amount to $1 billion.

JPMorgan Agents $6.8B Facilities to Support Microchip Microsemi Buy

Microchip Technology completed its acquisition of Microsemi in a deal valued at $10.3 billion. JPMorgan agented an amendment to the company’s credit facility that provided a revolving loan of approximately $3.8 billion and a $3 billion term loan.

Bank of Texas Upsizes Earthstone Energy Facility to $225MM

Earthstone Energy upsized its senior secured revolving credit facility from $185 million to $225 million and lowered its interest rate by 50 basis points. Bank of Texas served as administrative agent.

JPMorgan Agents $3.8B Revolver for Microchip Technology

Microchip Technology amended its credit facility dated June 27, 2013 with JPMorgan Chase Bank. The amended facility provides for a revolving loan of approximately $3.8 billion.

BofA, Others Support Albertsons/Rite Aid Merger

A group of lenders led by Bank of America and Merrill Lynch have committed to providing Albertsons with a $4.667 billion facility to support the company’s merger with Rite Aid.

JPMorgan Agents Essent Group Upsize to $500MM

Essent Group increased its existing credit facility to $500 million from $375 million. JPMorgan served as administrative agent on the transaction.

RBC Agents $340MM Facility for KeyW

KeyW Holding closed a new $340 million senior secured credit facility with Royal Bank of Canada as administrative agent.

RBC, Others Support Francisco Partners Verifone Buy

An investor group led by Francisco Partners agreed to acquire Verifone for approximately $3.4 billion, including Verifone’s net debt. Credit Suisse, Barclays and Royal Bank of Canada will provide debt financing to support the transaction.

Jefferies, RBC Support Brazos Sale to NHIP II

Brazos Midstream Holdings agreed to sell its Delaware Basin subsidiary companies to North Haven Infrastructure Partners II. Jefferies Finance and Royal Bank of Canada will provide $950 million in debt financing to support the transaction.