Realty Income has closed on an amended $3.25 billion credit facility. Wells Fargo served as administrative agent for the transaction.
BB&T made a $5 million investment in Enigma, a DaaS company headquartered in New York City. This is the first outlay of BB&T’s previously announced $50 million fintech commitment.
BB&T named Alex Brame president of its Central Pennsylvania region. Brame succeeds Craig Kauffman, who left BB&T to pursue other career opportunities.
Main Street Capital expanded the total commitments under its revolving credit facility from $655 million to $680 million. BB&T served as administrative agent for the 17-bank lender group.
Main Street Capital amended its revolving credit facility, increasing the total commitments from $585 million to $655 million while maintaining an accordion feature that allows for an increase up to $800 million.
Superior Pipeline entered into a credit agreement with BOKF, formerly Bank of Oklahoma, as administrative agent for a five-year, $200 million senior secured revolving credit facility.
BB&T named Christian Corts president of its Tennessee Region. He will succeed Mike Willett, who is relocating to Winston-Salem, NC where he will join the tax exempt lending area within Community Banking Administration.
BB&T named Travis Rhodes president of its Delaware Valley Region. Rhodes will succeed Scott Gamble, who is retiring after a 34-year banking career.
Synalloy refinanced and increased its asset-based ABL facility with Branch Banking and Trust from $45 million to $65 million. The ABL will be used to finance working capital needs and as a source for funding future acquisitions.