Barclays Arranges Valeant Pharmaceuticals Amendment
Valeant Pharmaceuticals has arranged an amendment to its credit facility in exchange for a higher interest rate and a fee. Barclay’s served as arranger for the transaction.
Valeant Pharmaceuticals has arranged an amendment to its credit facility in exchange for a higher interest rate and a fee. Barclay’s served as arranger for the transaction.
ESH Hospitality, a subsidiary of Extended Stay America, is seeking to raise a new $350 million revolving credit facility to replace its existing $250 million revolving credit facility and a new $1.3 billion million term loan.
Adient Global closed a $1.5 billion term loan A and a $1.5 billion revolving credit facility. The net proceeds are intended to be used to make approximately $3 billion in cash tranfers to Johnson Controls in connection with its spin-off.
Dana Holding entered into a $500 million revolving credit and guaranty agreement with Citibank as administrative agent and collateral agent.
Talen Energy entered in a merger agreement with affiliates of Riverstone Holdings, a private investment firm. The transaction has a total enterprise value of $5.2 billion.
Radnet proposed to refinance its $444.8 million term loans and $101.25 million revolver with a proposed $485 million term loan and a $100 million revolver. Barclays served as administrative agent on the existing facilities.
McGraw Hill Global Education entered into $1.925 billion new senior secured credit facilities. Credit Suisse served as administrative agent.
American Airlines entered into a $1 billion credit and guaranty agreement with Barclays Bank.
INTL FCStone amended its existing $140 million revolver to extend the maturity date and increase the size of the facility to $205 million.
MKS Instruments has entered into an agreement to acquire Newport Corporation. Barclays and Deutsche Bank agreed to provide up to $800 million in debt financing to support the transaction.