JPMorgan Chase Agents $125MM ABL Facility for CSS Industries

CSS Industries entered into a new $125 million asset-based senior secured credit facility with JPMorgan Chase Bank acting as administrative agent. Bank of America and KeyBank also participated in the facility.

WFS, BofA, Others Arrange $900MM Facility for TTEC

TTEC Holdings amended and extended the terms of its credit facility, securing a $900 million, multi-currency revolving credit facility through 2024 on favorable terms.

Crocs Receives $50MM Upsize from PNC, KeyBank

Shoe manufacturer and retailer Crocs amended its credit agreement with PNC Bank as administrative agent and KeyBank as syndication agent.

BofA to Agent $50MM DIP Funding for Fashion Brand Charlotte Russe

Women’s fashion brand Charlotte Russe voluntarily filed for relief under Chapter 11 of the Bankruptcy Code. Bank of America will serve as agent on $50 million in DIP financing for the company.

BofA Agents $40.5MM Reduction to MoneyGram Revolver

Bank of America acted as the administrative agent on an amendment to money transfer and payment services provider MoneyGram International’s revolving credit facility, reduced the total commitments to $45 million from $85.5 million.

BofA Agents $225MM Amended Revolver for USA Truck

USA Truck completed an amended and restated $225 million revolving credit facility with a group of banks and Bank of America as agent.

Wells Fargo Agents New $250MM ABL Revolver for Masonite

Masonite International entered into a new amended and restated $250 million asset-based revolving credit facility. Wells Fargo acted as administrative agent on the transaction.

NBC Leads $75MM Upsize to Park Lawn Revolver

National Bank of Canada led a banking syndicate on a $75 million upsize to Park Lawn’s financing arrangement, increasing the borrowing capacity from $150 million to $225 million.

BofA, Others to Provide $5.5MM DIP Facilities to PG&E

Bank of America, JPMorgan Chase Bank, Barclays Bank and Citigroup Global Markets signed a commitment letter to provide $5.5 billion in senior secured super-priority DIP credit facilities to support PG&E through its bankruptcy process.

BofA Amends ABL Revolver for Footware Company Caleres

Bank of America served as administrative agent, collateral agent, documentation agent and lead issuing bank on an amendment to footwear company Caleres’ asset-based revolver, extending it to January 2024.