U.S. Bank ABF Leads $75MM Financing for Lykins Energy Solutions
Oil and gas distributor Lykins Energy Solutions closed on a $75 million revolving credit facility led by U.S. Bank Asset-Based Finance to support its growth initiatives.
Oil and gas distributor Lykins Energy Solutions closed on a $75 million revolving credit facility led by U.S. Bank Asset-Based Finance to support its growth initiatives.
Webster Business Credit provided a $10 million revolving line of credit to Recept Pharmacy, a specialty pharmacy selling a focused set of medications.
The PrivateBank extended a $16.25 million credit facility to Continental Casting a manufacturer of standard and special order parts and dies headquartered in Monroe City, MO.
Just Energy Group confirmed the company has renegotiated an agreement with a syndicate of lenders, including CIBC as administrative agent, which increases capacity, lengthens term and improves rate.
GE Capital’s Healthcare Financial Services served as administrative agent on a $55 million senior credit facility to recapitalize Community Intervention Services and support an acquisition.
NXT Capital said it acted as lead arranger, bookrunner and administrative agent on a $53.5 million senior secured credit facility to support MidOcean Partners’ investment in IMAGE Skincare.
Victory Park Capital provided a $20 million credit facility to 7710 Holdings. VPC also noted it also provided a “strategic equity investment” for the company.
Patrick Industries completed its acquisition of North American Forest Products. The company also entered into an amendment with a lender group led by Wells Fargo to support the acquisition.
First Niagara said it closed on a $20 million revolver with Calypso St. Barth. The bank said the financing package was arranged by its asset-based lending group, Fist Niagara Commercial Finance.
Integra LifeSciences increased its credit facility with a bank group led by Bank of America. The increase is from $900 million to $1.1 billion.