StoneX Group agreed to amend its existing $401 million senior secured credit facility, extending the maturity through April 2025 and increasing the size of the facility to $475 million. Bank of America Merrill Lynch, Bank of Montreal and Capital One acted as joint lead arrangers on the credit facility
BankUnited opened a new corporate banking office in Atlanta, representing a renewed effort to expand outside of its core markets of Florida and New York, and hired Adam Gordon to lead the new office as market executive and corporate banking team leader.
Harbor Custom Development, a real estate company involved in all aspects of the land development cycle, closed a senior secured revolving credit facility with BankUnited.
America First Multifamily Investors closed on a secured revolving line of credit facility of up to $40 million with BankUnited and Bankers Trust Company. BankUnited also served as sole arranger and administrative agent.
Citizens Bank served as administrative agent, lead arranger and bookrunner on a credit agreement consisting of a $50 million term loan and a revolving credit facility of up to $15 million for Fluent. BankUnited and Silicon Valley Bank also participated in the deal.
BankUnited hired Kelly Taub as executive vice president and director of credit review. Taub most recently served as a senior director at Capital One and will replace Walter Shields, who is retiring after serving as executive vice president and director of credit review since 2016.
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.
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.