Carver Bancorp and Bank of America closed a senior secured social impact revolving credit facility with BlackRock’s alternative solutions group.
Olympic Steel, a national metals service center, amended and extended the maturity of its existing $475 million, five-year asset-based revolving credit facility through June 16, 2026. Bank of America is the administrative agent and joint lead arranger for the facility.
Intertape Polymer Group entered into a five-year, $600 million credit facility pursuant to an amendment to its existing credit agreement with a syndicated lending group led by Bank of America as administrative agent.
Douglas Dynamics refinanced its existing $375 million senior secured credit facilities with a new $225 million term loan A facility and a $100 million senior secured revolving credit facility due June 2026. JPMorgan Chase Bank acted as administrative agent for the refinancing.
JLL Income Property Trust secured a $650 million credit facility with a syndicate of eight real estate lenders, including JPMorgan Chase Bank as administrative agent, co-syndication agent, joint lead arranger and joint bookrunner.
Gibraltar Business Capital expanded its financing partnership with Bank of America through a new $150 million line of credit. Bank of America facilitated the new senior line of credit as the agent. Truist Bank and People’s United Bank are also participants in the deal.
Triumph Business Capital appointed Amber Roy to the role of chief operating officer. Roy will be responsible for Triumph Business Capital’s day-to-day operations, ensuring the company delivers services while being cost effective and maintaining a positive profit margin.
Palisade Aviation Holdings Warehouse, Ltd. and Palisade Aviation Holdings Warehouse, LLC, which were jointly established by Griffin Global Asset Management and Bain Capital Credit, closed a $1 billion senior secured warehouse facility with Goldman Sachs as the structuring agent.
Phibro Animal Health entered into an amended and restated credit agreement with an aggregate principal amount of $550 million. The agreement was jointly arranged by BofA Securities and Coöperatieve Rabobank, with Bank of America acting as administrative agent.
Constant, the creator of the Vultr cloud computing and bare metal platform, closed a $150 million credit facility from J.P. Morgan and Bank of America, including a $25 million uncommitted expansion option to accommodate future growth.