Santander Closes $10MM Revolver with OL International

Santander Bank closed a $10 million senior secured revolver with OL International, an ocean and airfreight cargo transportation provider.

BofA Upsizes American Midstream Facility to $900MM

American Midstream and its partners increased its credit facility from $750 million to $900 million. Bank of America was administrative agent for the transaction.

BofA Agents $250MM Sears Hometown and Outlet Stores Facility

Sears Authorized Hometown Stores, Sears Home Appliance Showrooms and Sears Outlet Stores entered into a $250 million amended credit agreement with Bank of America as administrative agent and collateral agent.

Santander Agents Full Circle Capital $40MM Downsize

Full Circle Capital entered into an amendment to its revolver with Santander Bank to reduce the size of the facility from $45 million to $5 million.

JPMorgan Agents $450MM Facility to Support Vonage Acquisition

Vonage Holdings, a provider of cloud communications services for businesses, completed the acquisition of privately-held Nexmo. JPMorgan Chase served as administrative agent for a $450 million credit facility to support the transaction.

Santander Leads $115MM Line of Credit to The Fishin’ Company

Santander Bank served as left-lead agent in a $115 million senior secured revolving line of credit to The Fishin’ Company.

Santander Provides $25MM ABL Credit Line to Seafood Marketer

Santander Bank provided a $25 senior-secured revolving line of credit to the The Tuna Store, a subsidiary of Tri-Marine US Holdings.

GE Energy Financial Invests in Recurrent Solar Project

Recurrent Energy closed on a tax equity investment commitment with a unit GE Energy Financial Services for the 75 megawatt (MWac) Astoria 2 solar power project.

Santander Arranges Construction Debt to Support Recurrent Solar Project

Canadian Solar subsidiary Recurrent Energy closed on an equity commitment with GE Energy Financial Services for a 75 megawatt solar power project. A related debt facility was arranged by Santander and included Nord/LB, Radobank, Key Bank and CIT Bank.

Santander Agents MVC Capital $50MM Revolver

MVC Capital entered into a $50 million revolving borrowing base credit facility with Santander Bank as a lender and lead agent and Wintrust Bank as a lender and syndication agent.