Category: News

BofA, Citizens, Others Provide $1.065B in Senior Secured Credit Facilities to PAE

PAE closed new senior secured credit facilities consisting of a $740 million seven-year term loan, a seven-year $150 million delayed draw term loan and a $175 million five-year senior secured revolving credit facility, with Bank of America Securities, Citizens Bank, Morgan Stanley Senior Funding, Stifel Nicolaus and Truist Securities serving as joint lead arrangers and joint bookrunners.

QTS Enters $250MM Six-Year Term Loan with KeyBank

QTS Realty Trust, a provider of hybrid colocation and data center solutions, entered into a new six-year $250 million term loan. Combined with the company’s current $1.7 billion unsecured credit facility, the term loan increases its aggregate unsecured credit facility capacity to $1.95 billion.