Auramet International has closed a $190 million syndicated financing deal. ING Capital as administrative agent, structured and arranged the revolving credit facility.
Wells Fargo and CIT Bank amended General Finance’s senior credit facility, increasing the maximum borrowing amount from $237 million to $260 million.
Energean Israel closed an agreement with four international banks for a $1.27 billion senior credit facility to finance the Karish Development Project.
BHI, the U.S. arm of Bank Hapoalim, appointed 30-year industry veteran Alan Ackbarali team leader and senior vice president. Ackbarali will report to Ralph Mascia, executive vice president, commercial lending.
The Trade Desk entered into a $200 million, five-year senior secured credit facility. Citibank acted as lead arranger and administrative agent.
General Finance amended and extended its North American senior secured revolver with a syndicate led by Wells Fargo that also included: East West Bank, CIT Bank, KeyBank, Private Bank and Trust and Bank Hapoalim.
Telit Communications entered into committed credit facilities with HSBC Bank and Bank Hapoalim for an aggregate amount of $110 million.
Xcel Brands has refinanced its senior debt with Bank Hapoalim. The new credit facility refinances and consolidates approximately $27.875 million of senior debt.
Ceragon Networks closed a three-year $73.5 million of secured credit loans with an additional credit of up to $40.2 million available for bank guarantees, from a group of lenders led by Bank Hapoalim.