Willbros Launches Refi to Improve Financial Structure

Willbros said it will refinance its outstanding term loan and revolving credit facilities. J.P. Morgan Securities will act as sole lead arranger and bookrunner for the new senior secured term loan.

Jefferies, Harbinger to Arrange LightSquared Exit Financing

Reuters reported that LightSquared split its proposed $3 billion exit term loan. Jefferies is arranging a $2 billion first lien loan, while Harbinger Capital Partners will handle the syndication of the $1 billion second lien loan.

Chrysler Group Reprices Loan to Improve Interest Rate

Chrysler Group announced that it reduced the interest rate for its $2.9 billion term loan and its un-drawn $1.3 billion revolving credit facility. According to a related 8K filing, Citibank served as administrative and collateral agent in the refinancing.

Comvest Increases Primo Water Credit Agreement

Primo Water announced an amendment to its credit agreement with Comvest Capital. The $3 million additional term loan will be used to pay fees related to the amendment and provide additional working capital.

Clear Channel Closes Offer to Extend Term Loans

Clear Channel Communications announced the closing of its offer to amend its credit facility pursuant to which term loan B and/or term loan C lenders agreed to extend the maturity of a portion of their loans through the creation of a new $5 billion term loan D facility.

GE Capital Agents Entravision Communications Credit Facility

Entravision Communications entered into a new $425 million credit agreement, consisting of a $30 million revolver, a $20 million term loan, and a $375 million delayed-draw term loan. GE Capital served as agent.

Moody’s Assigns Caa1 Rating to Expera’s Term Loan

Moody’s assigned a Caa1 rating to Expera Specialty Solutions’ $178 senior secured term loan reflecting a lack of unsecured debt as well as the superior position of a $75 million ABL revolver.

Moody’s Assigns Caa1 Rating to Expera’s Term Loan

Moody’s assigned a Caa1 rating to Expera Specialty Solutions’ $178 senior secured term loan reflecting a lack of unsecured debt as well as the superior position of a $75 million ABL revolver.

Mediacom Broadband Completes $600MM Term Loan Financing

Mediacom Broadband announced the completion and funding of an incremental $600 million senior secured term loan facility.

Jeffries, Credit Suisse Arrange Xerium Tech Refi

Xerium Technologies refinanced its existing term loan and revolving credit facility with the proceeds of a new term loan arranged by Jefferies and Credit Suisse.