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

Wells Fargo Agents $25MM Term Loan for Stage Stores

Stage Stores amended its senior secured revolving credit facility agreement with Wells Fargo as administrative agent, collateral agent and term loan agent.

Wells Fargo Risk Exec Departs After Fed Slaps Bank Again

The Wall Street Journal reported Wells Fargo Chief Operational Risk Officer Mark D’Arcy is leaving after an 18-month tenure following a Federal enforcement action against the bank.

Wells Fargo, GBFC Agent DIP for Samuels Jewelers

Samuels Jewelers filed for Chapter 11 protection for the fourth time. The Austin, TX-based retailer was controlled by Mehul Chinubhai Choksi, the uncle of fugitive jewelry designer Nirav Modi, both of whom are wanted by Indian authorities in connection to an alleged multibillion-dollar bank fraud.

WFCF Leads New $200MM ABL for Chico’s

Chico’s completed a $200 million asset-based lending facility led by Wells Fargo Capital Finance’s Retail Finance unit.

Wells Fargo to Pay $2.08B to Settle DOJ RMBS Case

Wells Fargo will pay $2.09 billion to resolve a previously disclosed investigation by the U.S. Department of Justice regarding claims related to certain 2005–07 residential mortgage-backed securities activities.

Wells Fargo Upsizes SeaSpine Facility to $40MM

SeaSpine Holdings extended its credit facility with Wells Fargo through July 2021 with an option to increase the limit from $30 million to $40 million.

Chatham, Wells Fargo Support McClatchy Refi

McClatchy completed a junior lien loan agreement with Chatham Asset Management for a total of $350.6 million. The publishing company also terminated its $65 million ABL facility with Bank of America and entered into a new $65 million ABL revolver with Wells Fargo.

BofA Agents $300MM ABL for Generac Power Systems

Generac Power Systems completed an asset-based revolving credit facility consisting of a $250 million U.S. revolver and a $50 million UK revolver.

BofA Amends Barnes & Noble $750MM Credit Facility

Barnes & Noble extended its existing $750 million credit facility through July 2023. Bank of America served as administrative agent on the amendment.