FLEETCOR Technologies amended its pro-rata credit facility, increasing the overall facility size from $4.01 billion to $4.5 billion and extending the maturity to a new five-year term ending in June 2027. Bank of America is the administrative agent.
Archaea Energy obtained binding commitments from five financial institutions to amend its revolving credit and term loan agreement to, among other things, increase aggregate total commitments by approximately $450 million to a total of at least $920 million.
Tetra Tech, a provider of consulting and engineering services in water, environment and sustainable infrastructure, established a $1 billion sustainability-linked credit facility. Bank of America led the lender group for the facility with joint lead arrangers Wells Fargo Bank, U.S. Bank and Bank of Montreal.
AssetMark Financial entered into an amended and restated credit agreement that provides for a $500 million senior secured credit facility. Bank of Montreal is the administrative agent and sustainability coordinator for the facility.
LiUNA Pension Fund of Central and Eastern Canada (LPF) added $20 million to Entourage Health’s existing credit facility. In addition, Entourage Health signed an additional amendment to its senior secured credit facility with BMO.
Black Diamond Group, a provider of space rental and workforce accommodation, renewed its $300 million revolving credit facility, extending the maturity of the facility to Oct. 31, 2026. The Bank of Nova Scotia and Bank of Montreal are co-leaders of the facility.
Bunge closed on the refinancing of its $1.75 billion, three-year revolving credit facility. BNP Paribas, Credit Agricole, ING Bank, Natixis and Sumitomo Mitsui Banking Corporation served as active bookrunners, mandated lead arrangers and coordinators on the transaction.
Resolute Forest Products reset the five-year maturity of its senior secured asset-based revolving credit facility with an aggregate lender commitment of up to $450 million. A syndicate of six banks provided the ABL credit facility, with Bank of America as administrative agent and collateral agent.
Kiwetinohk Energy’s existing lenders, including Bank of Montreal, ATB Financial and National Bank of Canada, completed their semi-annual borrowing base redetermination and agreed to amend Kiwetinohk’s credit facility and increase the borrowing limit from $225 million to $315 million.
Flexiti Financial, a “buy now, pay later” financial solutions provider in Canada, signed a new C$527 million ($413 million) securitization facility led by National Bank of Canada, with financing also provided by an affiliate of Bank of Montreal and funds managed by Waterfall Asset Management.