JPMorgan Supports Takeda Acquisition of Shire

Takeda Pharmaceutical entered into a 364-day bridge credit agreement for an aggregate principal amount of up to $30.85 billion to finance its acquisition of Shire. JPMorgan served as administrative agent on the transaction.

JPMorgan Upsizes Ares Capital Facility to $2.1B

Ares Capital amended its senior secured credit facility, extending the expiration period of the $1.6 billion revolver to March 30, 2022 and increasing the total size of facility by $25 million to $2.1 billion.

Credit Suisse Agents New $1B Facility for Calpine

Calpine closed a new $1 billion first lien term loan facility maturing in January 2025. Credit Suisse served as administrative agent for the transaction.

Rabobank Agents $875MM Facility for Gunvor USA

Gunvor USA, a subsidiary of Gunvor Group, successfully closed the syndication of its $875 million borrowing base credit facility. Rabobank served as administrative agent and active bookrunner.

JPMorgan Agents $400 Revolver for Knowles

Knowles, a supplier of advanced micro-acoustic, audio processing and specialty component solutions, closed a new credit facility with JPMorgan as administrative agent.

SMBC, MUFG Provide $87.5MM Facility to Waypoint Leasing

Waypoint Leasing, the largest independent global helicopter leasing company, closed on a new $87.5 million term loan facility led by Sumitomo Mitsui Banking and MUFG.

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.

BofA Upsizes Hasbro Facility to $1B

Toymaker Hasbro amended its credit agreement with Bank of America as administrative agent. The new agreement increased the aggregate size of the facility to $1 billion and provided for a $700 million revolving credit facility.

Sumitomo Mitsui Provides $227MM DIP for Airbag Maker Takata

Japanese airbag maker Takata has obtained a commitment for up to ¥25 billion ($227 million) in debtor-in-possession financing from Sumitomo Mitsui. Key Safety Systems of Michigan is purchasing the company, which filed Chapter 11 in the U.S.

Scotiabank Agents $1B Facility for Duke Energy

Electric power company Duke Energy closed a $1 billion credit agreement with Scotiabank as administrative agent.