Exactech, a developer of bone and joint restoration products, has entered into a $100 million credit agreement with a syndicate of banks led by SunTrust Robinson Humphrey. The facility provides for a $30 million term loan as well as a $70 million revolving credit line.
GE Capital, Healthcare Financial Services announced that it was sole lender and administrative agent on a $3 million multi-draw senior secured term loan facility to MedShape.
Cambridge Broadband Networks, a manufacturer of point-to-multipoint packet microwave backhaul solutions for mobile broadband network operators, announced that it has secured a $7 million line of credit from Silicon Valley Bank.
Monroe Capital announced the funding of a $37.1 million unitranche facility and an equity co-investment to support the acquisition of LAI International by RLJ Equity Partners.
First Growth Capital provided a $750,000 working capital credit facility to a distributor of industrial equipment collateralized primarily by the clients
Sterling National Bank has approved a $4.2 million line of credit and equipment finance loan to one of the leading suppliers of inboard propellers for pleasure boating, as well as commercial, military and scientific uses.
Black Castle Developments Holdings has secured a line of credit totaling $50 million over a five-year period with an asset-based senior credit facility.
RagingWire Data Centers, a data center provider, announced that the company secured $140 million in revolving credit facilities with two banks led by Bank of America.
The Business Finance unit at Wells Fargo Capital Finance agented a $165 million senior secured, revolving credit facility to Nexteer Automotive. In addition to Wells Fargo Capital Finance, Comerica Bank and Citizens Bank of Michigan also participated in the financing.
The Telx Group closed a $75 million incremental term loan agreement. Morgan Stanley Senior Funding and TD Securities (USA) served as lead arrangers for the transaction.