Barclays and TD Amend $146MM Credit Facility for GardaWorld

GardaWorld has entered into an amending agreement to its actual credit agreement. This incremental financing was provided by two of GardaWorld’s current lenders, Barclays Bank and TD Securities.

Barclay’s, Wells Fargo to Provide $155MM DIP Financing to CTI Foods

CTI Foods filed for voluntary petitions under Chapter 11 in order to implement its financial restructuring plan. Barclays Bank and Wells Fargo will provide the company with $155 million in DIP financing to support it through the restructuring.

JPMorgan Chase Agents $125MM Upsize to Fortress Revolvers

Fortress Transportation and Infrastructure Investors amended its existing credit agreement with JPMorgan Chase Bank as administrative agent, increasing the aggregate revolving commitments under the facility from $125 million to $250 million.

Barclays Agents $1.9B DIP Facility to Support Ditech Chapter 11 Process

Mortgage loan originator and servicer Ditech entered into a restructuring support agreement with certain lenders holding more than 75% of the company’s term loans. To facilitate the RSA, Ditech filed voluntary petitions for reorganization under Chapter 11.

Barclays Agents $450MM Term Loan for Allegiant Travel

Barclays Bank acted as administrative agent, syndication agent and lead arranger on a $450 million term loan for Allegiant Travel, an airline focused on linking travelers in small and mid-sized cities to world-class leisure destinations.

BofA, Others to Provide $5.5MM DIP Facilities to PG&E

Bank of America, JPMorgan Chase Bank, Barclays Bank and Citigroup Global Markets signed a commitment letter to provide $5.5 billion in senior secured super-priority DIP credit facilities to support PG&E through its bankruptcy process.

ING, J.P. Morgan, Others Agent $683MM Worldline Revolver

ING Bank and J.P. Morgan Securities, among others, acted as manadated lead arrangers and bookrunners on a €600 million ($683 million), five year revolving credit facility for Worldline.

Barclays International Promotes 85 Managing Directors

Barclays International promoted 85 international staff members to managing directors across multiple divisions, including Cards & Payments, the Corporate and Investment Bank and Private Banking & Overseas Services. The promotions will be effective January 1, 2019.

JPMorgan Chase Agents $600MM Revolver for Cardtronics

Cardtronics entered into an amended and restated $600 million revolving credit facility. JPMorgan Chase Bank served as administrative agent on the facility.

Goldman Sachs Agents $200MM Term Loans for National Vision

Goldman Sachs served as both administrative and collateral agent on a joinder and amendment which established new $200 million first lien term loans for eyewear retailer National Vision.