TriNet Group, a provider of human resource solutions for small- to mid-size businesses, refinanced its senior secured credit facilities.

TriNet refinanced its tranche B term loan in a leverage-neutral transaction: $135 million principal amount of tranche B term loans outstanding at June 30, 2016 and maturing July 2017 were replaced with the same amount of tranche A-2 term loans maturing July 2019 pursuant to an incremental amendment to TriNet’s credit agreement.

According to a related 8-K filing, the lender group was led by JPMorgan Chase as administrative agent.

The $342 million tranche A term loans outstanding on June 30, 2016 and a revolving credit facility were not modified.

San Leandro, CA-based TriNet is a provider of a comprehensive human resources solution for small to midsize businesses.