SEC Fines BNY Mellon $54MM+ for Improper ADR Handling

According to the Securities and Exchange Commission, Bank of New York Mellon will pay more than $54 million to settle charges of improper handling of “pre-released” American Depositary Receipts.

Wells Fargo Upsizes Realty Income Facility to $3.25BB

Realty Income has closed on an amended $3.25 billion credit facility. Wells Fargo served as administrative agent for the transaction.

BofA Upsizes Hasbro Facility to $1B

Toymaker Hasbro amended its credit agreement with Bank of America as administrative agent. The new agreement increased the aggregate size of the facility to $1 billion and provided for a $700 million revolving credit facility.

Guggenheim, BNY Mellon Refinance Radio One with $350MM Facility

Radio One closed a new $350 million senior secured credit facility with Guggenheim Securities Credit Partners as administrative agent and BNY Mellon as collateral agent.

BYN Mellon Amends Emmis Communications Facility

Emmis Communications amended its credit facility with Bank of New York Mellon succeeding JPMorgan as administrative agent.

BNY Mellon Agents $100MM Southwest Gas Upsize

Southwest Gas increased available funds under its revolving credit facility to $400 million from $300 million, and TD Bank was added as a lender. The Bank of New York Mellon was administrative agent.