M&T, SunTrust Lead $687MM Prime Motor Group Refi

Prime Motor Group completed a $687 million refinancing with a syndicate of lenders led by Manufacturers and Traders Trust and SunTrust Bank.

U.S. Bank Agents Lithia Motors Facility Upsize to $2.05B

Lithia Motors amended its credit agreement to increase its existing facility by $300 million to $2.05 billion and extended the maturity to July 2021. U.S. Bank served as administrative agent.