BofA Supports Methode Acquisition of Grakon

Methode Electronics, a global developer of custom engineered and application-specific products, completed the acquisition of Grakon Parent. Bank of America served as administrative agent, increasing Methode’s credit facility by $250 million to support the transaction.

MUFG Agents Chesapeake Energy $3.8B Revolver

Chesapeake Energy amended its senior secured revolving credit facility agreement, receiving initial commitments from 15 institutions totaling $3.8 billion, which exceeded the $3 billion borrowing base the company was seeking.

Credit Suisse, Wells Fargo Support Industrea CPH Acquisition

Credit Suisse and Credit Suisse Loan Funding signed a debt commitment letter for a seven-year $350 million term loan to support Industrea Acquisition’s acquisition of Concrete Pumping Holdings.

Kenrick Tapped to Lead Wells Fargo Silicon Valley MM Banking

Wells Fargo selected 33-year banking veteran Alfred Kenrick to lead Middle Market Banking in Silicon Valley.

Wells Fargo Names Toye Head of CL&I

Wells Fargo appointed Vince Toye head of Community Lending and Investment. He will report to Mark Myers, head of Commercial Real Estate.

Wells Fargo Promotes Khoury to Lead Portland MM Banking

Wells Fargo appointed Megdy Khoury to lead Middle Market Banking in greater Portland, OR as regional manager.

Wells Fargo Supports Emergent BioSolutions NARCAN Buy

Emergent BioSolutions will acquire Adapt Pharma and its flagship product NARCAN nasal spray. Wells Fargo will provide $600 million in new debt financing to support the acquisition.

Wells Fargo Multi-Sector Income Fund Manager to Retire

Anthony Norris, a portfolio manager with the Wells Fargo Multi-Sector Income Fund, will retire from Wells Fargo Asset Management International.

BAML Leads Refinitiv $5.5B Loan Launch

Reuters reported syndication of the $5.8 billion-equivalent loan package backing Blackstone’s buyout of Refinitiv, Thomson Reuters’ Financial and Risk division, is expected to launch on September 4 in the U.S. Bank of America Merrill Lynch is leading the syndication.

Wells Fargo, Nomura Agent BJ’s Wholesale Club Refi

BJ’s Wholesale club amended its first lien term loan agreement with Nomura Corporate Funding as administrative agent and its ABL agreement with Wells Fargo as administrative agent