BofA Agents $2.1B Facility for Stericycle

Stericycle completed a credit agreement comprised of a $1.2 billion revolving credit facility and a $950 million term loan.

Wells Fargo Upsizes FICO Facility to $600MM

Fair Isaac Corporation (FICO) closed a credit agreement, increasing its revolving credit facility by $100 million to $600 million.

Wells Fargo Agents $200MM Upsize for CVR Refining

CVR Refining and its subsidiaries amended the company’s ABL credit agreement, allowing for an increase in borrowings of up to $200 million.

Wells Fargo Advisors to Pay $3.5MM to Settle SAR Violations

According to a SEC filing, Wells Fargo Advisors was censured and agreed to pay $3.5 million to settle allegations it failed to file suspicious activity reports for transactions suspected to be linked to money laundering.

PNC Capital Markets Leads New $600MM Revolver for Steel Partners

Steel Partners Holdings entered into a new five-year, $600 million revolving credit facility with a syndicate of banks led by PNC Capital Markets.

Favret to Lead Wells Fargo Middle Market Banking in NOLA

Wells Fargo Middle Market Banking promoted 28-year banking veteran John Favret to lead its New Orleans team as regional vice president.

NBC Supports Whitecap Acquisition of World Class Enhanced Oil Recovery

Whitecap Resources entered into an agreement to purchase light oil assets in Southeast Saskatchewan for $940 million. National Bank of Canada served as administrative agent for an increase of the company’s facility to $1.7 billion to support the purchase.

Wells Fargo, Goldman Sachs Completed Pioneer Energy $250MM Refi

Pioneer Energy Services closed a new $175 million senior secured term loan and a new $75 million senior secured revolving ABL facility. Wells Fargo was administrative agent for the ABL, and Goldman Sachs agented the term loan.

Vitamin World to Liquidate, SSG to Advise

Retailer Vitamin World filed Chapter 11 with Wells Fargo providing DIP financing. Due to lackluster sales, the company agreed to liquidate the retail stores with SSG Advisors acting as investment bank.

NXT Capital Closes $415MM Fund Focused on Middle-Market Lending

NXT Capital closed on approximately $415 million in equity capital, above its original $350 million target, for NXT Capital Senior Loan Fund V, LP. Wells Fargo serves as administrative agent for Fund V’s syndicated credit facility.