Enviva Partners amended and restated its senior secured revolving credit facility. The amendment extends the maturity to April 2026 and increases the facility’s size to $525 million. Barclays is administrative agent and collateral agent on the amended and restated credit facility.
Enviva Partners amended its senior secured credit facility, extending the maturity to October 2023 from April 2020 and increasing the revolving credit facility to $350 million from $100 million.
CoBank, ACB and AgFirst Farm Credit Bank expanded CatchMark Timber Trust’s multi-draw term credit facility, increasing the maximum availability of funds to $365 million.
Universal Corporation, a global leaf tobacco supplier, closed a new credit agreement. J.P. Morgan Securities, SunTrust Robinson Humphrey and AgFirst Farm Credit Bank led the transaction.