DT Midstream, a new publicly traded company, launched the syndication of a new senior secured credit facility. Barclays Bank is acting as joint lead arranger, joint lead bookrunner and administrative agent of the new senior secured credit facility.
Monroe Capital, Oak Hill Advisors and Barclays Bank, acting as administrative agent, closed a $325 million credit facility to support Vertical Bridge REIT’s merger with Eco-Site and the combined company’s future development of build-to-suit locations in the United States.
Palisade Aviation Holdings Warehouse, Ltd. and Palisade Aviation Holdings Warehouse, LLC, which were jointly established by Griffin Global Asset Management and Bain Capital Credit, closed a $1 billion senior secured warehouse facility with Goldman Sachs as the structuring agent.
Barclays Bank, Capital One, J.P. Morgan Securities, RBC Capital Markets, TD Securities and Truist Securities acted as joint bookrunners and joint lead arrangers for the refinancing of RadNet’s term loan and revolving credit facility.
General Mills renewed its five-year, $2.7 billion revolving credit facility, which now includes a pricing structure that is tied to environmental impact metrics. BofA Securities is one of the facility’s joint lead arrangers and also is acting as the facility’s sustainability coordinator.
L Catterton entered into a definitive agreement to acquire a controlling interest in West Marine, an omnichannel platform in the marine aftermarket, from Monomoy Capital Partners. Barclays Bank, Golub Capital and Nomura provided committed debt financing to support the transaction.
Yesway, a convenience store chain in the United States, completed the refinancing of its term loan and revolving credit facilities in the amount of $410 million and $125 million, respectively. JPMorgan Chase Bank acted as the lead arranger and lead bookrunner for the facilities.
Ribbon Communications executed a third amendment to its credit agreement. Citizens Bank, as administrative agent under the credit facility, led the amendment, which increased Ribbon’s existing term loan A credit facility by approximately $75 million.
JPMorgan acted as administrative agent for the lending group of Barclays Bank, Axos Bank, VNB New York and China CITIC on a $135 million secured revolving credit facility for Broadmark Realty Capital, a real estate finance company.
A syndicate of lenders, including funds managed by BlackRock’s U.S. private capital group, Oaktree Capital Management and UBS O’Connor provided a five-year term loan totaling $175 million for Velocity Financial, a provider of small balance investor loans.