TD Bank Supports Acquisition of Goddard School Franchise

TD Bank’s Small Business Administration Lending Group provided a 7(a) loan to assist local educators and entrepreneurs purchase The Goddard School franchise in Woodstock, GA, bringing Goddard’s private pre-school curriculum to area families.

Scotiabank, ING Upsize Altius Facility to $225MM

Altius Minerals amended its existing credit facility to refinance its existing term and revolver debt. Bank of Nova Scotia and ING Capital led the refinancing, with TD Bank and Export Development Canada participating.

JPMorgan Agents New $300MM ABL Revolver for Star Group

Home energy provider Star Group closed a $300 million asset-based revolving credit facility with JPMorgan Chase as administrative agent.

TD Bank Agents SemGroup Refi

SemGroup amended its credit facility to refinance the outstanding $530.75 million of senior secured term loans and repay the $60 million of revolver borrowing under that agreement.

TD Bank Taps Van Vort as ABL Managing Director

TD Bank named Gene Van Vort managing director of New Business Development in Asset Based Lending.

TD, CIBC Provide $400MM to Support Superior Plus NGL Buy

Superior Plus entered into an agreement with NGL Energy to acquire all of the outstanding equity interest in NGL Propane, the company’s retail propane distribution business, for total cash consideration of $900 million.

BOKF Agents $200MM Revolver for Superior Pipeline

Superior Pipeline entered into a credit agreement with BOKF, formerly Bank of Oklahoma, as administrative agent for a five-year, $200 million senior secured revolving credit facility.

JPMorgan Agents $500MM Revolver for Akami

Akamai Technologies entered into a five-year, $500 million revolving credit agreement with JPMorgan Chase as administrative agent, sole bookrunner and joint lead arranger.

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.

BofA Agents New $1.8B Revolver for Varian Medical

Varian Medical Systems replaced its $600 million revolving credit facility with a $41.5 billion revolving credit facility in a transaction agented by Bank of America.