RailAmerica reported that it has closed on a new $585 million credit facility. Morgan Stanley was the lead arranger on the term loan. The lending group on the revolving credit facility includes Citibank, Morgan Stanley, BMO Harris Bank and Deutsche Bank.
GE Capital, Healthcare Financial Services said it agented a $15 million multi-draw senior secured term loan facility to BG Medicine. The financing will help support commercialization efforts and provide additional growth capital.
Noranda Aluminum Holding completed a refinancing of its senior secured credit facility, including both its term loan facility and revolving credit facility. Noranda entered into a new $250 million asset-based revolving credit facility. Bank of America, is the administrative agent.
GE Capital served as administrative agent on a $65 million senior secured first lien credit facility for Paradigm Management Services. The funds were used to support the acquisition of Paradigm by Lightyear Capital. GE Capital Markets acted as joint lead arranger and joint bookrunner.