Wells Fargo Agents $800MM Facility for BWX Technologies

BMX Technologies entered into a new $800 million senior secured credit agreement with a group of lenders led by Wells Fargo serving as administrative agent.

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 $350MM Credit Agreement for CSG Systems

CSG Systems replaced its credit agreement of February 2015 with a new $350 million agreement led by Bank of America as administrative agent.

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.

Citi, Mizuho Bank Lead Sasol Upsize to $3.9B

Sasol, a South African chemicals and energy company, increased its existing revolving credit facility from $1.5 billion to $3.9 billion.

BofA Renews Chicago Merchandise Xchange $7B Multi-Currency Facility

Chicago Mercantile Exchange renewed its 364-day multi-currency credit facility with Bank of America as administrative agent.

Wells Fargo Agents Big 5 Amendment to Extend Maturity Date

Big 5 amended its credit agreement with Wells Fargo serving as administrative agent, collateral agent and swing line lender. The amendment extends the maturity date to 2022.

Fitch Downgrades Wells Fargo Bank’s LT/IDR to AA-

Fitch Ratings downgraded the long- and short-term issuer default ratings of Wells Fargo & Company to A+/F1 from AA-/F1+. Fitch also downgraded the LT IDR of Wells Fargo Bank to AA-.

Wells Fargo, BofA Agent New Facilities for Tronox Totaling $2B

Tronox closed a $1.5 billion first lien term loan credit facility and a $500 million asset-based revolving syndicated facility. Wells Fargo was administrative agent for the ABL, and Bank of America was administrative agent for the term loan.

Wells Fargo Supports NCS Multistage Acquisition of Spectrum Tracer

NCS Multistage Holdings acquired Spectrum Tracer Services. The transaction was supported by a $25 million increase to NCS’s credit facility with Wells Fargo as agent.