Truist Financial’s corporate and investment banking businesses, SunTrust Robinson Humphrey and BB&T Capital Markets, integrated and are now doing business as Truist Securities.
Pool Corporation amended its existing senior credit facility, increasing the borrowing capacity to $750 million from $465 million. Wells Fargo was administrative agent and joint lead arranger.
BB&T Capital Markets named Bruce Kelleher and Jake Savage to leadership roles. Kelleher will be head of Equity Investment Banking, and Savage will head the firm’s newly formed Capital Markets Advisory Group.
BB&T Capital Markets announced its new corporate banking team based in New York City. Lou Serio, John Macken and Tim Wiegand represent a highly talented team with a combined 47 years of experience.
Textainer Group announced Union Bank and ING Belgium will act as lead arranger and joint lead arranger, respectively, for a $500 million term loan. Union Bank leads a group of other financial institutions involved in the transaction.
Audax Group announced it acquired CURT Manufacturing. GE Capital provided senior debt financing, and BB&T Capital Partners provided junior debt financing.
Monomoy Capital Partners II announced it completed the sale of its portfolio company, High Performance Industries, to Lincolnshire Equity Fund IV, L.P. BB&T Capital acted as financial advisor to Holley.
BB&T Capital Markets announced its new corporate banking team based in Chicago. Michael Laurie, Kurt Anstaett, John Malloy, Shane Koonce and Andrey Rudnitsky comprise the new team.
Triangle Capital amended its $165 million senior secured credit facility jointly arranged by BB&T Capital Markets and Fifth Third Bank. The facility was extended one year to September 2017.