SunTrust Earnings Benefit from Tax Reform

SunTrust’s reported Q4/17 net income of $710 million was up from $448 million for the same quarter in 2016. The bank’s noted results included a $172 million after-tax net benefit from tax reform-related items.

SunTrust Provides $117.5MM Revolver for Validus

Validus Senior Living closed a $117.5 million syndicated revolving line of credit, with SunTrust Robinson Humphrey acting as lead arranger and bookrunner and SunTrust Bank acting as lead participant and administrative agent.

Barclays, HSBC, Others Upsize Hanes Facility to $2.25B

HanesBrands amended its senior secured credit facility, which was increased to $2.25 billion from $1.925 billion.

SunTrust Agents $250MM Revolver for LendingTree

LendingTree, an online loan marketplace, entered into an amended and restated $250 million five-year senior secured revolving credit facility that will replace its previous $125 million credit agreement.

BofA Agents $330MM Revolver for Callaway Golf

Callaway Golf amended its credit facility to include a senior secured asset-based revolving credit facility of up to $330 million.

SunTrust Agents DataBank $410MM Refinancing

DataBank completed a $410 million term loan B credit facility, providing the company with additional capital at a lower cost. SunTrust Bank served as administrative agent.

SunTrust Agents HealthStream Revolver Amendment

HealthStream and SunTrust Bank entered into a first amendment to a revolving credit agreement, dated November 24, 2014. SunTrust was administrative agent, issuing bank and swingline lender.

JPMorgan Agents $250MM Goodrich Petroleum Facility

Goodrich Petroleum entered into a $250 million senior secured revolving credit agreement with JPMorgan Chase as administrative agent.

SunTrust Upsizes Aaron’s Facility to $500MM

Aaron’s, a lease to own company, amended its credit facility with SunTrust Bank as administrative agent, increasing the revolving credit facility to $400 and adding a new $100 term loan.

JPMorgan Agents $250MM Facility for CSW Industrials

CSW Industrials amended its credit agreement with JPMorgan Chase Bank as administrative agent. The agreement provided for a $250 million revolver and multi-currency borrowings with a $125 million sublimit.