J.P. Morgan, Others Arrange United Stationers Facility Extension
United Stationers extended its $700 million revolver maturity to July 6, 2018. J.P. Morgan Securities, U.S. Bank and Wells Fargo Securities served as joint lead arrangers.
United Stationers extended its $700 million revolver maturity to July 6, 2018. J.P. Morgan Securities, U.S. Bank and Wells Fargo Securities served as joint lead arrangers.
Delek Logistics Partners increased its lender commitments under its revolving bank credit facility to $400 million. Fifth Third Bank served as administrative agent.
Boulder Brands announced it closed on a new $330 million senior secured credit facility. The company said Citigroup led the banking transaction in a three-bank consortium.
Madison Capital Funding announced that Jeffrey Scott joined the firm as head of West Coast Origination. In addition, Andrew Bucolo became chief underwriting officer.
The WSJ reported that Reader’s Digest Association revealed its restructuring plan. The article said that the company will shed circulation that isn’t profitable, and stabilize subscription prices.
First Growth Capital announced that it provided a $1.5 million working capital credit facility to a provider of marketing communications services.
Avidbank Corporate Finance provided a financing facility to Passkey International. Passkey is a group reservation and optimization technology provider.
J D Factors announced the funding of six transactions totaling $1.2 million.
First Capital hired J. Patrick Moody as vice president in the eastern region of the Asset-Based Lending Group. Previously, Moody served as managing director at SunTrust Robinson Humphrey.
BMO Harris Bank announced that it hired Jim Gallimore as senior vice president, director, Commercial Banking. Additionally, BMO said it elevated John Renzelmann to the role of community president and business banker. Both roles will cover the Sheboygan/Manitowoc marketplace.