Davis to Lead Wells Fargo Central Coast Middle Market Team

Wells Fargo promoted 26-year banking veteran Marci Davis to Central Coast Middle Market Banking regional manager. She succeeds Barbara White Thompson, who became head of the company’s Business Risk Management Group.

Wells Fargo Supports Gray TV/Raycom Media $3.6B Merger

Gray Television and Raycom Media agreed to merge in a transaction that will create the single largest owner of local television stations and digital assets in the country. Wells Fargo underwrote $2.525 billion in debt financing to support the deal.

BofA Agents $675MM Facilities for TriNet

Bank of America acted as administrative agent on a credit agreement with TriNet Gorup for $675 million in new senior secured credit facilities.

Wells Fargo: ‘Economic Recovery Has More Room to Run’

In its 2018 midyear outlook, the Wells Fargo Investment Institute makes the case the economic recovery, which coincides with the equity bull market, has more room to run.

Wells Fargo, Fortress Credit Support Perry Ellis Privatization

Perry Ellis International entered into a definitive merger agreement with a newly formed entity controlled by George Feldenkreis, Perry Ellis’ founder and member of the company’s board of directors. Wells Fargo and Fortress Credit Advisors are providing financing for the transaction.

Wells Fargo: Court Approves Class-Action Lawsuit Settlement

The class-action lawsuit settlement against Wells Fargo, concerning improper retail sales practices, received final approval in an order from the U.S. District Court for the Northern District of California.

BofAML, Wells Fargo Support Comcast Bid to Acquire 21st Century Fox

Comcast launched its bid to snatch 21st Century Fox from Walt Disney with a letter sent to the Fox board of directors outlining an all-cash offer to acquire the businesses for a total cost of $4.02 billion.

Norman to Lead Wells Fargo Georgia Middle Market Banking

Baimba Norman returned to Atlanta to lead Wells Fargo’s commercial lending operations in the Greater Georgia region, which includes all of the state outside the seven metro Atlanta counties.

JPMorgan Agents $550MM Facility for Kemper

Kemper completed a new $550 million credit agreement consisting of both revolving credit and term loan facilities. JPMorgan Chase served as administrative agent on the transaction.

Wells Fargo Upsizes Patrick Industries Facility to $900MM

Patrick Industries completed the acquisition of Marine Accessories and expanded the size of its credit facility to $900 million. Wells Fargo served as administrative agent for the credit facility, consisting of a $800 million revolver and a $100 million term loan.