CIT, Wells Fargo, Others Provide $23MM Upsize to General Finance

Wells Fargo and CIT Bank amended General Finance’s senior credit facility, increasing the maximum borrowing amount from $237 million to $260 million.

BofAML Arranges $600MM Revolvers for BGC Partners, Newmark

Bank of America Merrill Lynch acted as the active lead arranger on two separate credit facilities for BGC Partners and Newmark Group, respectively. Together, the credit agreements total $600 million.

Stein to Succeed Schaefer as Associated Bank Madison Market President

Gary Schaefer, Associated Bank corporate executive and Madison senior market president, will retire December 31, 2018. EVP and Head of Consumer and Business Banking David Stein will succeed Schaefer as Madison market president.

Wells Fargo Upsizes Realty Income Facility to $3.25BB

Realty Income has closed on an amended $3.25 billion credit facility. Wells Fargo served as administrative agent for the transaction.

BMO Agents $350MM Envestnet Facility

Envestnet entered into a second amended and restated credit agreement for up to $350 million opportunities to increase commitments by $55 million with Bank of Montreal as administrative agent.

Associated Bank Names Simons Names EVP, CCO

James Simons, currently Associated Bank’s executive vice president and deputy chief credit officer, has been promoted to executive vice president and chief credit officer effective February 7, 2017, succeeding Scott S. Hickey.

Associated Bank Promotes Payne to EVP/CIO/COO

Associated Bank promoted James Payne to executive vice president, chief information officer and chief operations officer.

JPMorgan Agents National General Holdings Amendment

National General Holdings entered into an amendment to its existing $225 million credit agreement that increased its letter of credit sublimit to $112.5 million.

Former CIT CCO Simons Joins Associated Bank

Former CIT executive James Simons will succeed Scott S. Hickey as Associated Bank’s executive vice president and chief credit officer. Hickey has announced his plans to retire in 2Q/17.

JPM, BMO, Associated Enter Into Settlement Agreement with Magnetation

In connection with its potential shutdown, Magnetation, a joint venture between its majority owner and AK Steel, entered into an agreement with its lenders, JPMorgan, BMO and Associated Bank, to cease operations and implement a wind-down process.