Bank Syndicate Amends Actavis Revolver
Actavis plc, Actavis Capital, Actavis, Bank of America and a bank syndicate entered into an agreement to amend/restate Actavis Capital’s $750 million revolving credit loan facility.
Actavis plc, Actavis Capital, Actavis, Bank of America and a bank syndicate entered into an agreement to amend/restate Actavis Capital’s $750 million revolving credit loan facility.
QTS Realty Trust announced modifications to its Richmond facility, with revolving credit commitments of $80 million and a $120 million accordion feature. Regions Bank and Bank of America participate in the facility.
Chemed announced it entered into a $450 million amended credit agreement. JPMorgan Chase Bank acted as the administrative agent and J.P. Morgan Securities and Merrill Lynch acted as joint lead arrangers.
American Capital announced the closing of a $750 million senior secured revolver, provided by Bank of America. The facility matures in June 2016.
Brunswick announced it and a group of financial institutions amended and restated the company’s revolver. J.P. Morgan Securities, Bank of America Merrill Lynch and Wells Fargo Securities led the facility amendment.
On June 24, 2014, DaVita HealthCare Partners entered into a $5.5 billion senior secured credit agreement. JPMorgan Chase Bank acted as administrative agent and collateral agent, according to an SEC filing.
Panera Bread Company announced that it secured a five-year, $100 million term loan from Bank of America, Wells Fargo and TD Bank.
Cross Country Healthcare said it will acquire all the assets and business of Medical Staffing Network. The company has a commitment from Bank of America to increase its borrowing capacity under its ABL revolver.
FirstService increased its revolver to $500 million. The increase was substantially oversubscribed by its syndicate of banks including JPMorgan Chase, TD Bank, Bank of Montreal, among others.
Knoll completed the refinancing of its existing $450 million credit facility with a new $500 million credit facility with Bank of America and other participating lenders.