Umpqua Expands Imperium Renewables Working Capital Facility
Imperium Renewables announced a new lending agreement with Umpqua Bank that will provide Imperium with an additional $10 million in working capital to fuel its growth.
Imperium Renewables announced a new lending agreement with Umpqua Bank that will provide Imperium with an additional $10 million in working capital to fuel its growth.
Fifth Street Finance announced an incremental commitment from an existing lender to its syndicated bank credit facility led by ING Capital.
EnerJex Resources announced that the borrowing base under its $100 million senior secured revolving line of credit with Texas Capital Bank was increased from $38 million to $40 million.
Groupon entered into a credit agreement with JPMorgan Chase Bank as administrative agent. The credit agreement provides for a $250 million senior secured revolving line of credit for a term of three years.
WhiteHorse Finance announced its wholly owned subsidiary, WhiteHorse Finance Warehouse, amended the terms of its revolver to lower borrowing costs and provide more flexibility. Natixis, New York served as agent for the facility.
New Gold announced it entered into a $300 million revolver with a syndicate of banks led by The Bank of Nova Scotia and RBC Capital Markets.
Bengal Energy said it has agreed on final credit approved terms for its $25 million secured credit facility with Westpac Institutional Bank.
CIT Group announced it provided a $25 million facility to the Transilwrap Company, to acquire MetPro Group. Financing was provided by CIT Bank. Terms of the transaction were not disclosed.
Vonage closed on an expanded $225 million credit facility. JPMorgan Chase acted as administrative agent for the lender group that includes Citizens Bank, SVB, SunTrust, Fifth Third, KeyBank and MUFG Union Bank.
Ignite Restaurant closed a new $195 million senior secured credit facility. Credit Suisse and KeyBanc Capital Markets acted as joint lead arrangers and joint bookrunners for the transaction.