Keane Group entered into a new senior secured term loan facility in an initial aggregate principal amount of $350 million to refinance its existing term loan credit facility,
Microchip Technology amended its credit facility dated June 27, 2013 with JPMorgan Chase Bank. The amended facility provides for a revolving loan of approximately $3.8 billion.
First Majestic Silver amended and restated its credit agreement with the Bank of Nova Scotia, Bank of Montreal and Investec Bank as lenders. The amendment included a new $75 million senior secured revolving term credit facility.
Wells Fargo acted as administrative agent, swingline lender and issuing lender on a new $800 million revolving credit facility for Owens Corning. The revolver replaces the company’s previous credit agreement.
Titan Mining closed a senior secured credit facility with the Bank of Nova Scotia. Concurrently, the company appointed Naomi Johnson as vice president, Community Relations.
Petróleo Brasileiro entered into a $4.35 billion revolving credit facility with a syndicate of 17 banks. The Bank of Tokyo-Mitsubishi UFJ served as senior mandated lead arranger on the transaction.
Tahoe Resources amended its credit agreement, giving the company access to a $175 million revolving credit facility plus a $25 million accordion feature. The Bank of Nova Scotia served as administrative agent.
Reuters reported that nine banks, including Royal Bank of Canada, Bank of Montreal and the National Bank of Canada, are being sued in the U.S. for conspiring to rig a Canadian rate benchmark.
Trican Well Service amended and extended its revolving credit facility with a revised, six-bank lending syndicate led by The Bank of Nova Scotia.
TerraForm Power, a renewable energy company based in Maryland, closed a $450 million revolving credit facility with HSBC USA as administrative agent.