MidFirst Provides New $50MM Facility for Evolution Petroleum
Evolution Petroleum has closed a new $50 million senior secured reserve-based credit facility with MidFirst Bank.
Evolution Petroleum has closed a new $50 million senior secured reserve-based credit facility with MidFirst Bank.
Canadian Imperial Bank increased People Corporation’s credit facility by $26.2 million to a total of $61.2 million to support the company’s acquisition of BPA Financial Group.
Santander Bank served as left-lead agent in a $115 million senior secured revolving line of credit to The Fishin’ Company.
Gemino Healthcare Finance closed a $12 million senior secured credit facility to H.I.G. Capital’s portfolio company, Soleo Health.
The 99 Cents Only Stores completed an amendment and extension of its asset-based revolving credit facility. Royal Bank of Canada, UBS AG and Citizens Business Capital acted as joint lead arrangers.
Tempur Sealy completed the closing of its new $1.1 billion revolving and term loan credit facilities with a lender group led by JPMorgan as administrative agent. The agreement replaced the company’s prior credit facilities with Bank of America.
Hercules Capital expanded its credit facility with Wells Fargo Capital Finance under which EverBank has committed $25 million, for a total of a $120 million in capacity under a $300 million accordion credit facility.
CSC Asset Funding and Computer Sciences Corporation entered into a $150 million amended and restated master loan and security agreement with Bank of America as administrative agent.
Huntsman International entered into a new $550 million term loan. The company also increased its revolving credit facility to $650 million. JPMorgan served as administrative agent for the transactions.
MB Business Capital provided a new $15 million credit facility to Green Creative. The proceeds were used to assist Merit Capital Partners and Fulton Capital purchase the company, refinance existing debt and fund working capital needs.