BofA Agents $1.5B Facility for Penn National Gaming

Penn National Gaming entered into new senior secured credit facilities and completed its previously announced refinancing. Bank of America served as administrative agent and collateral agent.

Morgan Stanley Supports Consolidated Communications Buy

Consolidated Communications Holdings secured a new incremental term loan facility for its pending acquisition of FairPoint Communications, an all-stock merger valued at approximately $1.5 billion.

TD Securities Leads Extension of $1.5B Shaw Facility

Shaw Communications extended the maturity date of its five-year $1.5 billion credit facility from December 2019 to December 2021. TD Securities served as lead arranger and sole bookrunner.

Morgan Stanley, Others Support Consolidated Communications Buy

Consolidated Communications entered into a $1.5 billion agreement to acquire FairPoint Communications. It secured debt financing from Morgan Stanley Senior Funding, MUFG, TD Securities and Mizuho Bank.

RBC-Led Bank Group Expands Chesswood Facility to $170MM

Chesswood Group expanded and renewed its revolving credit facility with a syndicate of six banks led by the Royal Bank of Canada.

Wells, Others Upsize Consolidated Communications Revolver to $110MM

Consolidated Communications completed a refinance, which included increasing its revolving credit facility to $110 million. Wells Fargo Securities was left lead arranger.

TD Leads $400MM Vertical Bridge Senior Credit Facility

Vertical Bridge entered into a new $400 million senior secured credit facility led by TD Securities, with Barclays, CIT, Deutsche Bank, JPMorgan and SunTrust as joint lead arrangers and joint book runners.

KeyBank Agents Five-Year, $100MM Term Loan for CoreSite

CoreSite Realty entered into a new $100 million term loan. KeyBank served as administrative agent. KeyBanc Capital Markets, RBC Capital Markets, Regions Capital Markets, and TD Securities served as joint lead arrangers and joint book managers.

Citibank Agents $3.55 Billion Revolver, Term Loan For Digital Realty

Digital Realty Trust has completed the refinancing of its global revolving credit facility and term loan. Citibank served as administrative agent for the transaction.

BofA Agents $682MM Term Loans to Equinix

Bank of America served as administrative agent for a syndicate that provided $250 million and £300 million (approximately $432 million) term loans to Equinix. Equinix used the financing to terminate a bridge loan with JPMorgan Chase.