BofA Agents $2.5B Revolver for Equity Residential

Equity Residential has entered into a $2.5 billion multi-currency revolving credit facility, replacing its existing $2.0 billion credit agreement.

Key Energy Closes Forbearance Agreements with Term Loan & ABL Lenders

Key Energy Services elected not to make a scheduled interest payment due October 18, 2019 under the term loan and security agreement dated December 15, 2016 with Cortland Products as agent and its ABL agreement with Bank of America as administrative agent.

JPMorgan, BofA, Others Provide $1.77B Facility to Garda World

Garda World Security completed a five-year $335 million senior secured revolving credit facility and a seven-year $1.438.billion senior secured term loan facility.

BofA Agents $75MM Revolver for Braemar Hotels & Resorts

Braemar Hotels & Resorts has entered into a new $75 million secured credit facility which replaces the company’s previous credit facility that was scheduled to mature next month.

JPMorgan Chase Arranges $60MM Upsize to Lawson Products Facility

JPMorgan Chase Bank acted as administrative agent on a $60 million upsize to Lawson Products’ credit facility, bringing the total borrowing capacity to $100 million.

Citibank Agents $300MM Upsize to KB Home Revolver

Citibank served as administrative agent on an amendment to KB Home’s revolving credit facility, which increased the borrowing capacity to $800 million and extended the maturity date to October 2023.

PNC Agents $600MM Facility for ATI

Allegheny Technologies Incorporated amended its credit facility, consisting of a $100 million term loan and a $500 million revolver, with PNC Bank as administrative agent.

JPMorgan Chase Agents $625MM Revolver for Briggs & Stratton

JPMorgan Chase Bank served as the administrative agent on a new $625 million revolving credit facility for Briggs & Stratton, the world’s largest producer of gasoline engines for outdoor power equipment.

BofA Agents $1.45B Facility for Asbury Automotive Group

Asbury Automotive Group has amended its $1.45 billion, five-year syndicated senior credit facility with Bank of America serving as administrative agent.

BoFA Agents $100MM Upsize of Calumet Specialty Products ABL

Calumet Specialty Products has successfully amended its existing asset-based loan facility to increase the borrowing base on the facility by approximately $100 million.