BofA Agents Nu Skin Syndicated Facility
Nu Skin Enterprises closed a new $375 million syndicated credit facility. According to SEC filing, Bank of America served as administrative agent.
Nu Skin Enterprises closed a new $375 million syndicated credit facility. According to SEC filing, Bank of America served as administrative agent.
MB Business Capital provided a $7.37 million senior credit facility for Wexco and its operating subsidiaries, Fox Pool and Marquis.
Marquette funded a $5 million working capital line of credit to Luke’s Locker. The facility will provide future working capital requirements for the borrower as it continues to expand throughout Texas.
Monroe Capital acted as sole lead arranger and administrative agent on a $35 million credit facility to support the recapitalization of Trident University International by a Northeast-based private equity sponsor.
Eagle Rock Energy amended its five-year credit facility with a syndicate of banks led by Wells Fargo as administrative agent. Current commitments total $320 million, with the ability to increase up to $1.2 billion.
First Capital provided a $4 million ABL credit facility to a provider of IT staffing personnel. The facility consists of a $4 million working capital revolver collateralized by accounts receivable.
SunEdison announced its credit facility’s overall cap was increased from $400 million to $800 million. The credit facility was originally entered into on February 28, 2014 with Wells Fargo Bank as administrative agent.
Latisys said it expanded its credit facility with RBC Capital and TD Securities from $200 million to $220 million. Latisys noted that pricing was reduced by 20%.
TCF Capital Funding provided $16 million of secured financing to support the refinancing of Spell Capital portfolio company American Card Services, and its acquisition of Production Services Associates.
SHINE Medical Technologies announced it executed a term sheet providing for up to $125 million of debt and equity financing with Deerfield Management.