Correction: RBS Citizens Business Capital Agents YRC Worldwide Refinancing
The ABF Journal incorrectly identified the administrative agent for the YRC Worldwide facility as JPMorgan Chase. We apologize for the error.
The ABF Journal incorrectly identified the administrative agent for the YRC Worldwide facility as JPMorgan Chase. We apologize for the error.
Financial services software provider SS&C Technologies announced it completed a repricing of its $213.2 million term A-2 loans. Deutsche Bank Securities acted as lead arranger in connection with the repricing.
CIT Real Estate Finance said it served as lead arranger for a $42.8 million senior secured loan to Garrison Investment, a middle-market, asset-based and real estate investor located in New York City.
GE Capital, Franchise Finance said it has provided Armadillo Ventures, a Texas Roadhouse franchisee, with a $12 million senior credit facility.
Park Electrochemical announced it entered into a revolver with PNC Bank providing for loans of up to $104 million.
Wheels Group announced it entered into a new credit agreement with its syndicate of lenders, including the Bank of Montreal, as lead, and HSBC Bank Canada.
First Capital announced it provided a $6 million asset-based senior credit facility to a distributor of electronics components.
VAALCO Energy announced it executed a loan agreement with the International Finance Corporation for a $65 million reserve-based loan facility secured by the assets of the company’s Gabon subsidiary.
Response Biomedical announced it secured a $2.5 million term loan from Silicon Valley Bank.
NewStar Business Credit announced it provided credit facilities totaling $11 million to Rainbow Play Systems and affiliated companies.