Lim Joins ABL Team at TD Bank

TD Bank named John J. Lim senior vice president, business development officer in Asset Based Lending.

BofA Supports Penn National Gaming Pinnacle Buy

Penn National Gaming amended its credit facility to support its upcoming acquisition of the outstanding equity interest in Pinnacle Entertainment. Bank of America served as administrative agent for the transaction.

ScotiaBank Agents $175MM Revolver for Tahoe

Tahoe Resources amended its credit agreement, giving the company access to a $175 million revolving credit facility plus a $25 million accordion feature. The Bank of Nova Scotia served as administrative agent.

Citibank Agents $500MM Facility for Edison

Edison International closed a $500 term loan agreement with Citibank as administrative agent.

Nine Banks Accused of Rigging Canadian Rate Benchmark

Reuters reported that nine banks, including Royal Bank of Canada, Bank of Montreal and the National Bank of Canada, are being sued in the U.S. for conspiring to rig a Canadian rate benchmark.

TD Franchise Finance Supports Acquisition of 15 Wendy’s

TD Bank’s Restaurant Franchise Finance Group closed $26.5 million in financing for Gold Coast Holdings Restaurants to support its acquisition of 15 Wendy’s locations in Florida.

TD Agents Upsizes Timbercreek Revolver to $400MM

Timbercreek Financial amended its revolving credit facilities, increasing the aggregate amount to $400 million. TD Bank acted as lead arranger, book-runner and administration agent on the transaction.

JPMorgan Chase Agents Westar $270MM Revolver Amendment

Westar Energy amended its $270 million revolving credit facility, extending the maturity to February 18, 2019. JPMorgan Chase acted as administrative agent and lender.

TD Bank Names Gaspo Regional VP for Upstate New York

James P. Gaspo joined TD Bank as regional vice president, Commercial Banking for the Greater Capital Region of New York. Based in Albany, he will lead a team of commercial banking professionals serving the needs of businesses across Upstate New York.

TD Bank Names Miceli Regional President, Florida

TD Bank appointed Nick Miceli regional president, Florida. Miceli will oversee TD Bank’s commercial, retail, small business, specialty banking operations and lending services throughout the state. Miceli will lead TD’s state-wide Commercial and Retail businesses