BofA Merrill, Wells Fargo Agent $500MM Suburban Propane Refi
Suburban Propane Partners refinanced its senior secured credit facility with a new five-year facility, increasing the credit commitments from $400 million to $500 million.
Suburban Propane Partners refinanced its senior secured credit facility with a new five-year facility, increasing the credit commitments from $400 million to $500 million.
Tredegar entered into a new $400 million five-year, secured revolving credit facility. JPMorgan Chase served as administrative agent.
Avid Technology Worldwide entered into a $105 million financing agreement with Cerberus Business Finance as collateral and administrative agent.
PNC Bank provided a new $54.6 million credit facility to Lane Enterprises. Phoenix Capital Resources acted as exclusive financial advisor and investment banker to Lane.
Installed Building Products entered into a new five-year, $325 million senior secured credit facility with an accordion feature. KeyBank was lead arranger, sole bookrunner and administrative agent.
RPX closed a $150 million credit facility, which includes a $100 million term loan A and a $50 million revolving credit facility. JPMorgan Chase served as administrative agent and collateral agent.
Citizens Bank provided a $21.3 million credit facility to Barney’s Convenience Mart, an 18-site convenience store and retail fuel operator in Northwest Ohio.
Citizens Commercial Banking has provided a $65 million revolving credit facility for Jenne, a distributor of IP telephony, data and networking, audio and video conferencing, cloud solutions and security technology products.
Volkswagen Credit closed a $9 billion credit facility with a consortium of banks. J.P. Morgan served as sole structuring agent and lead arranger, according to Reuters.
RealPage entered into an agreement to amend its revolving credit facility, including the addition of a $125 million accordion feature. Wells Fargo was lead arranger and administrative agent.