Truist Securities served as left lead arranger, Fifth Third Bank acted as joint lead arranger, Union Bank acted as syndication agent and Regions Bank acted as documentation agent on a $400 million revolving credit facility with a $150 million accordion for Anthem Entertainment.
Bank of America acted as administrative agent and lender on a $150 million secured revolving credit facility for Big 5 Sporting Goods.
CIBC joined RMI’s Center for Climate-Aligned Finance as a strategic partner. According to CIBC, it is the first Canadian bank to partner with the center’s efforts to align financial decision-making with the long-term decarbonization of the real economy.
JPMorgan Chase Bank, Morgan Stanley Senior Funding, Mizuho Bank and Bank of America closed a $500 million term loan for Venture Global LNG. JPMorgan and Morgan Stanley served as joint lead arrangers of the transaction.
Wells Fargo, Bank of America, JPMorgan and the Royal Bank of Canada closed a $125 million asset-based loan for Oil States, a products and services provider to the oil and natural gas, industrial and military sectors. Wells Fargo acted as administrative agent on the transaction.
According to an 8K filed with the SEC, Bank of America served as administrative agent for an amendment to AECOM’s existing senior credit facilities. The amendment includes incentives linked to achieving certain sustainability and diversity and inclusion goals.
Bank of America and Wells Fargo provided Northwest Hardwoods with an asset-based loan during the company’s financial restructuring process and emergence from Chapter 11.
Bank of America provided an $80 million senior secured asset-backed credit facility and TCW Asset Management provided a $130 million term loan facility to support footwear manufacturer Rocky Brands’ acquisition of the performance and lifestyle footwear business of Honeywell International.
Bank of America, Goldman Sachs and Credit Suisse acted as joint bookrunners and joint lead arrangers on a new $720 million term loan for Utz Brands, with Bank of America serving as administrative agent.
BankUnited hired Kelly Taub as executive vice president and director of credit review. Taub most recently served as a senior director at Capital One and will replace Walter Shields, who is retiring after serving as executive vice president and director of credit review since 2016.