Settlement Capital Renews $50MM Credit Line With DZ BANK
Settlement Capital, a purchaser of structured settlement payment streams, completed a renewal and extension of its $50 million credit facility with DZ BANK’s New York office.
Settlement Capital, a purchaser of structured settlement payment streams, completed a renewal and extension of its $50 million credit facility with DZ BANK’s New York office.
Globalstar announced that it has entered into an amendment to its COFACE facility agreement, which significantly extends the initial principal repayment date beyond 2012 and makes further adjustments to the facility’s financial and operating covenants.
Hill International has entered into a two-year extension of its $100 million senior credit facility with a consortium of banks led by Bank of America as administrative agent. Other banks involved in the consortium are The Private Bank & Trust Co., PNC Bank and Capital One.
A MidCap Financial subsidiary has extended the maturity date to January 2015 and increased to $600 million its credit facility led by Wells Fargo Capital Finance with commitments from SunTrust Bank, Key Equipment Finance, Capital One, Fifth Third Bank, EverBank Commercial Finance and The Huntington National Bank.
Thermo Credit announced the joint funding of All Access Telecom with its financial partner Gulf South Receivables Fund.
United Capital Funding, a provider of professional accounts receivable-based funding and credit management solutions in the United States, has finalized a renewal of its current financing facility with First Tennessee Bank.
FirstService has completed the renewal of its revolving credit facility, increasing the amount to $350 million, from $275 million previously. The lead arranger for the financing was TD Securities.
Hawaiian Telcom Holdco refinanced its existing senior secured credit facility by entering into a new $300 million senior secured credit facility maturing February 28, 2017. Credit Suisse Securities (USA), was sole lead arranger and sole bookrunner for the refinancing.
Fifth Street Finance announced the amendment of the terms of its $230 million syndicated credit facility led by ING Capital. The amended facility now has a four-year maturity, extending the maturity date of the previous three-year facility from February 22, 2014 to February 29, 2016.
Vivint has completed a $762 million senior bank debt financing led by Goldman Sachs Specialty Lending Group as administrative, syndication and collateral agent, lead joint arranger and joint bookrunner along with BofA Merrill Lynch and Citibank as lead joint arrangers and joint bookrunners and Barclays Capital as documentation agent.