Newmark entered into an agreement to amend the terms of its senior revolving credit facility, increasing its size to $425 million and extending the maturity date to February 26, 2023.
Jay Richards has succeeded Mark Bagnoli as BankUnited’s chief risk officer.
BankUnited hired Michael Alford as general counsel
INTL FCStone amended its existing $262 million senior secured credit facility, increasing the size of the facility to $350 million. Bank of America Merrill Lynch and Capital One acted as joint lead arrangers on the transaction.
BankUnited promoted three members of its leadership team: Cristina di Mauro to commercial line of business executive, Lisa Shim to head of consumer and small business banking and Jaclyn Coffin to treasury management sales manager.
Bank of America Merrill Lynch acted as the active lead arranger on two separate credit facilities for BGC Partners and Newmark Group, respectively. Together, the credit agreements total $600 million.
Akumin closed two credit facilities for a principal amount of $130 million with a syndicate of lenders. The facilities consist of an $100 million term loan for and a $30 million revolving credit facility.
Jay D. Richards joined BankUnited as its senior executive vice president and chief credit officer. He will be based in Florida and report to vice chairman Jack Leonard.
BMO Harris Bank led a bank syndicate in providing a $100 million revolving credit facility to lease-to-own fintech Snap Finance.
Regional Management, a diversified consumer finance company, and its wholly-owned subsidiary, Regional Management Receivables II, have entered into a revolving $125 million warehouse facility. The company also increased its line under its senior revolving credit facility to $638 million.