CIT Finances Compass Datacenters Facility
Compass Datacenters and KeyBank, as syndication agent, secured a $25 million credit commitment from CIT Group. Financing was provided by CIT Bank.
Compass Datacenters and KeyBank, as syndication agent, secured a $25 million credit commitment from CIT Group. Financing was provided by CIT Bank.
NewStar Business Credit announced it has provided a $6 million revolving credit facility to Skagit Gardens. The credit facility will be used to support the company’s ongoing working capital needs.
Kindred Healthcare closed an incremental $200 million term loan. J.P. Morgan Securities acted as sole lead arranger and sole bookrunner for the transaction.
Saia amended its revolver to increase Saia’s borrowing capacity, lower certain interest rates and extend the term. SunTrust Bank, JPMorgan Chase Bank, Bank of America, PNC Bank, Regions Bank and BOKF, dba Bank of Oklahoma.
Alcentra Capital provided $11.25 million in a senior secured term loan commitment to A2Z Wireless Holdings.
WBCC provided a $14 million revolving line of credit to Manhattan Bridge Capital (MBC).
Newpark Resources amended its credit agreement, which increases the revolving loan to $200 million. Participating banks includes JPMorgan, Bank of America, Wells Fargo, Comerica, Bank of Texas and Credit Suisse.
EVINE Live increased the size of its facility to $90 million from $75 million. The facility is with EVINE’s existing bank PNC Bank, and in conjunction with a new partner, The PrivateBank.
AAC Holdings closed a $125 million senior facility led by Bank of America Merrill Lynch and SunTrust Robinson Humphrey as joint bookrunners and joint lead arrangers.
TearLab entered into a term loan agreement with CRG and certain of its affiliate funds. The agreement provides TearLab with up to $35 million of available borrowing capacity.