Fifth Third Triples Hygea Credit Line
Hygea Holdings tripled its existing revolving line of credit with Fifth Third Bank, from $5 to $15 million.
Hygea Holdings tripled its existing revolving line of credit with Fifth Third Bank, from $5 to $15 million.
Worthington Industries increased its revolver commitments to a total of $500 million. The revolver is with a consortium of banks led by J.P. Morgan Securities and PNC Capital Markets.
GE Capital, Healthcare Financial Services (HFS) announced it provided a $320 million senior secured credit facility to Diplomat Pharmacy. A portion of the funds was used to acquire BioRx.
Wells Fargo Capital Finance UK took home the 2015 Asset-Based Lender of the Year award at the 14th Annual Private Equity Awards in London.
Charge Payment announced a $50 million facility, two acquisitions and a name change to i3Verticals. The bank group is led by FirstBank of Tennessee and includes Bank of America and other local banks.
sPower and CohnReznick Capital Markets Securities announced the placement of $168.5 million in back leverage to sPower provided by KeyBank, OneWest Bank and Zions Bank.
NXT Capital provided an $88 million senior facility to support Trinity Hunt Partners’ acquisition of AAA. NXT acted as joint lead arranger, administrative agent and joint bookrunner for this transaction.
Great American Capital entered into an agreement with Hancock Fabrics to provide a $17.5 million senior term loan facility, in conjunction with a $100 million asset-based revolver from Wells Fargo Bank.
Siena Lending Group completed a $6 million DIP revolver for Gourmet Express to fund working capital until the completion of a bankruptcy sale.
Sterling National Bank added two senior relationship managers serving the New York Metro market.