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.
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.