Post Road Equipment Finance increased its non-recourse senior warehouse facility from $550 million to $700 million through the addition of Wells Fargo as a new lender.
Ameresco, an energy efficiency and renewable energy company, closed a $300 million senior secured loan facility with HASI, an investor in climate solutions, to fund development and construction activity for clean energy assets.
The Liberty Company Insurance Brokers, a privately held insurance brokerage, completed a $340 million refinancing transaction on July 31. J.P. Morgan is the administrative agent for the facility, which includes a revolving credit facility, term loan and delayed-draw term loan.
Griffon Corporation amended its credit agreement to increase the size of its revolving credit facility from $400 million to $500 million and extend the maturity of the revolver facility from March 22, 2025, to Aug. 1, 2028.
Barnes & Noble Education entered into a refinancing agreement with its financial stakeholders. According to an 8K filed with the SEC, Bank of America is serving as administrative agent and collateral agent for the lenders of the company’s amended credit agreement.
First Solar entered into a five-year revolving credit and guarantee facility for $1 billion. The facility includes up to $250 million which is available for the issuance of letters of credit. JPMorgan Chase Bank acted as lead arranger and is administrative agent for the facility.
Service Properties Trust entered into a $650 million secured revolving credit facility. Wells Fargo Securities, PNC Capital Markets and BMO Harris Bank are the joint lead arrangers and joint lead bookrunners for the credit facility.
Myriad Genetics, a provider of genetic testing and precision medicine, established a $90 million asset-based credit facility with JPMorgan Chase Bank as administrative agent and issuing bank.
Helix Energy Solutions Group entered into an amendment of its existing asset-based revolving credit facility, increasing the borrowing base and commitments of the lenders thereunder from $100 million to $120 million, among other changes. Bank of America continues to serve as administrative agent for the ABL facility.
The Eastern Company, an industrial manufacturer of engineered solutions serving commercial transportation, logistics and other industrial markets, established a new five-year, $90 million senior secured credit facility. TD Bank was the lead arranger for the transaction.