PNC and Angelo Gordon Lead Refinancing Transactions for Glatfelter

Glatfelter Corporation, a supplier of engineered materials, completed several refinancing transactions, including amending its syndicated revolver led by PNC and closing on a $271.88 million term loan from Angelo Gordon.

March 30, 2023 Angelo Gordon | Glatfelter Corporation | Lazard | PNC Bank | Proskauer Rose | Thomas Fahnemann Phil Neuffer

Citi Provides $35MM Credit Facility to Social Mobile

Social Mobile, a provider of enterprise mobility solutions, secured a $35 million senior credit facility from Citi.

March 30, 2023 Benjamin Yogel | Citi | Social Mobile Phil Neuffer

Wells Fargo Amends and Extends Canes Midstream’s Credit Facility

Canes Midstream, a Dallas-based midstream company, entered into an amendment to its credit facility, increasing its size to $415 million and extending its maturity by one year to February 2027. Wells Fargo acted as administrative agent on the transaction.

March 30, 2023 Canes Midstream | Dan Westcott | wells fargo Phil Neuffer

Wells Fargo Increases City Electrical Factors’ ABL to $370.06MM

Wells Fargo Capital Finance UK increased City Electrical Factors’ asset-based loan to £300 million ($370.06 million), of which Wells Fargo holds £200 million ($246.71 million) as agent.

March 30, 2023 Chris Ashworth | City Electrical Factors | Iana Corniciuc | Wells Fargo Capital Finance UK Phil Neuffer

Wells Fargo Lead $123.34MM ABL for Algeco

Wells Fargo Capital Finance UK led a £100 million ($123.34 million) asset-based lending facility for Algeco, which is part of the Modulaire Group, a business services company specializing in modular services and infrastructure.

March 30, 2023 Algeco | Julian Osborne | Modulaire Group | Rosie Jones | Wells Fargo Capital Finance UK Phil Neuffer

Crédit Agricole CIB Closes $100MM Revolving Credit Facility with Allegiant Travel Company

Crédit Agricole CIB closed a new three-year, $100 million senior secured revolving credit facility with Allegiant Travel Company. Crédit Agricole CIB acted as sole arranger and bookrunner for the facility.

March 29, 2023 Allegiant Travel Company | Credit Agricole CIB | Robert Neal | Thomas Jean Phil Neuffer

Wingspire Capital Provides $125MM Secured Credit Facility to Cosmetics Company

Wingspire Capital provided a $125 million senior secured credit facility to an internationally recognized cosmetics company for the expansion of its complement of current brands, future product development and potential acquisitions.

March 29, 2023 Wingspire Capital Markiesha Thompson

Accord Financial Provides $12MM Credit Line to Travel Company

Accord Financial provided a $12 million credit line to a travel company whose business has picked back up following the severe slowdown caused by the COVID-19 pandemic. The credit line provides availability against accounts receivable.

March 29, 2023 Accord Financial | Cynthia Aboud Markiesha Thompson

Wintrust Financial Closes $50MM Expanded Revolving Credit Facility with SageSure

SageSure, a provider of catastrophe-exposed property insurance, closed a $50 million expanded revolving credit facility with its new commercial banking partner Wintrust Financial.

March 29, 2023 Lena Dawson | SageSure | Terrence McLean | Wintrust Financial Markiesha Thompson

Oaktree Capital Management Delivers $100MM Credit Facility to Harrow

Harrow, a U.S. eyecare pharmaceutical company, entered into a $100 million secured credit financing agreement with funds managed by Oaktree Capital Management.

March 29, 2023 Bryant Riley | Harrow | Mark L. Baum | Oaktree Capital Management | Steve DeNelsky Markiesha Thompson