Cenveo Completes Restructuring; BofA, Others Provide Exit Financing

Cenveo successfully completed its restructuring and Chapter 11 Plan of Reorganization and emerged from bankruptcy. Bank of America, among others, provided exit financing for the company.

BofA Agents $411MM Exit Financing for Cenveo

The U.S. Bankruptcy Court for the Southern District of New York approved the exit plan of Stamford, CT-based print products company Cenevo. The company received exit financing commitments in the form of a $175 million ABL facility and a $236 million term loan.

JPMorgan Agents $1.75B Facility for IQVIA

IQVIA extended its existing revolving credit facilities and term A loans and closed a new $950 million incremental term B credit facility and €686.2 million ($776 million) incremental term B credit facility.

Barclays Supports UCT Acquisition of Quantum Global

Ultra Clean Holdings closed an agreement to acquire Quantum Global Technologies. Barclays Bank has committed to provide a $400 million credit facility to support the transaction.

Barclays, Others Support Unimin/Fairmount Santrol Merger

Fairmount Santrol and Unimin received the regulatory approvals required to complete their merger. The combined company will be named Covia Holdings.

JPMorgan Upsizes Edison Revolvers to $4.5M

Edison International amended two credit facility with its lender group, increasing the revolving credit facility from $1.25 billion to $1.5 billion. Southern California Edison increased its revolver from $2.75 billion to $3 billion.

SIG Combibloc Secures $1.1B Loan from Barclays-Led Syndicate

SIG Combibloc secured a $1.1 billion loan from a syndicate of banks led by Barclays Bank serving as administrative agent on the transaction.

Barclays, Credit Agricole Support McDermott CB&I Buy

McDermott International completed its merger with Chicago Bridge & Iron, creating a fully integrated provider of technology, engineering and construction solutions for the energy industry. Barclays and Credit Agricole agented a $4.65 billion credit agreement to support the transaction.

BofA, Others Support Albertsons/Rite Aid Merger

A group of lenders led by Bank of America and Merrill Lynch have committed to providing Albertsons with a $4.667 billion facility to support the company’s merger with Rite Aid.

Barclays Agents $75MM ABL for Bristow Group

Bristow Group subsidiaries Bristow Norway and Bristow Helicopters entered into a $75 million ABL agreement with Barclays Bank as administrative agent.