BofA, Wells Arrange Polypore $650MM Credit Agreement
Polypore International announced it entered into a credit agreement led by Bank of America Merrill Lynch and Wells Fargo Securities as joint lead arrangers and joint book managers.
Polypore International announced it entered into a credit agreement led by Bank of America Merrill Lynch and Wells Fargo Securities as joint lead arrangers and joint book managers.
Interval Leisure Group announced that its subsidiary, Interval Acquisition, increased the size of its revolving credit agreement to $600 million with a lender group led by Wells Fargo as administrative agent.
Crestmark announced the addition of Robert J. Parks as first vice president, West Coast region sales manager. Parks was most recently with PNC Business Credit.
Bloomberg reported that the largest U.S. bank holding companies will need to round up as much as $68 billion more in loss-absorbing capital under supplemental leverage ratio rules adopted by regulators.
KeyCorp announced it created a new leadership structure for its Community Bank and named E.J. Burke and Dennis Devine co-presidents.
Hilco Global announced it hired Joseph (Joe) Miller as its newest EVP of business development.
SunEdison closed the first $150 million of a $300 million three-year project finance revolving credit facility arranged by Deutsche Bank Securities.
CIT Group announced that CIT Maritime Finance provided a $55 million senior secured credit facility to Tanker Solutions. The facility supports the purchase of a fleet of four modern LR1 product tankers.
Harbert Management announced Harbert Mezzanine Partners III’s recent investment in Turbine Generator Maintenance.
Access Capital announced it provided a facility of $2.75 million to a manufacturer, filler and packager of consumer products serving customers in the retail, health & beauty and cosmetic industries.