SunTrust Supports Malibu Boats Acquisition of Pursuit

Malibu Boats agreed to acquire the assets of Pursuit Boats from S2 Yachts for $100 million. SunTrust served as agent on an amendment to Malibu’s credit agreement to support the transaction.

Wells Fargo Agents $25MM Term Loan for Stage Stores

Stage Stores amended its senior secured revolving credit facility agreement with Wells Fargo as administrative agent, collateral agent and term loan agent.

BofA Agents $675MM Facilities for TriNet

Bank of America acted as administrative agent on a credit agreement with TriNet Gorup for $675 million in new senior secured credit facilities.

SunTrust Agents $115MM Upsize for Ring Energy

Ring Energy increased the borrowing base on its $500 million senior secured credit facility from $60 million to $175 million in connection with its recent borrowing base redetermination.

SunTrust Upsizes EVO Facility to $200MM

EVO Payments, a payment service provider operating throughout North America and Europe, amended its senior secured credit facility, increasing the revolver to $200 million.

SunTrust Leads $200MM Revolver for WaterBridge

WaterBridge Operating, a subsidiary of WaterBridge Resources, entered into a $200 million revolving credit facility led by SunTrust Bank with a syndicate of nine financial institutions.

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.

SunTrust Provides $120MM ABL to Fundation

Fintech lender Fundation secured a $120 million asset backed credit facility from SunTrust Bank.

SunTrust Agents $525MM Exit Term Loan for Southeastern Grocers

The U.S. Bankruptcy Court for the District of Delaware confirmed Southeastern Grocers’ amended prepackaged Chapter 11 plan, including a $525 million exit term loan with SunTrust Bank as administrative and collateral agent.

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.