Tag Archives: Bank of America

Bank of America Announces Senior Leadership Changes

Bank of America announced senior leadership changes, adding five new members, including three women, to the senior management team, further strengthening diversity at the most senior levels of the company.

Netmarble, Kabam & Fortress Provide $350MM Equity & Debt Financing to Support Jam City Acquisition

Jam City, a mobile entertainment company, completed the acquisition of mobile game studio Ludia from Fremantle for $165 million. Jam City raised $350 million in equity and debt financing from Netmarble, Kabam and affiliates of funds managed by Fortress Investment Group.

BofA Leads Funding for $2.7B in Credit Facilities for Plains All American Pipeline

Plains All American Pipeline and Plains GP Holdings renewed and extended its two credit facilities, which have a combined valued of $2.7 billion. Bank of America led the funding for the facilities as administrative agent.

Bank of America Amends and Extends Rite Aid’s $3.15B Credit Agreement

Rite Aid entered into an amendment to its senior secured credit agreement, which consists of a $2.8 billion senior secured asset-based revolving credit facility and a $350 million first in, last out senior secured term loan. Bank of America will continue to act as administrative agent for the facilities.

Bank of America Leads Extension of $750MM Revolver for Graybar

Graybar completed the amendment and extension of its unsecured committed revolving credit facility. The amendment, among other things, extended the company’s five-year, $750 million revolving credit facility.