BMO Agents $235MM Blue Bird Refi
Blue Bird, an independent designer and manufacturer of school buses, refinanced its $160 million term loan and $75 million revolving line of credit. Bank of Montreal served as administrative agent and issuing bank.
Blue Bird, an independent designer and manufacturer of school buses, refinanced its $160 million term loan and $75 million revolving line of credit. Bank of Montreal served as administrative agent and issuing bank.
Modine Manufacturing entered into a purchase agreement to acquire the shares of seven target companies held by Luvata. JPMorgan agented an amendment to Modine’s credit facility to support the transaction, including a new $275 million term loan.
Telesat Canada, a subsidiary of Telesat Holdings, closed a new amended and restated credit agreement consisting of a term loan of $2.43 billion and a revolving credit facility of up to $200 million. JPMorgan acted as administrative agent and collateral agent.
Planet Fitness will pay a special dividend to stock holders and unit holders funded in part by an amendment to its secured credit facility with a lender group led by JPMorgan Chase as administrative agent.
Spectra Energy entered into a $2 billion revolving credit agreement with a syndicate of banks. Citibank acted as administrative agent.
ON Semiconductor closed the refinancing of its secured debt facilities which included a $200 million upsize to $2.4 billion. Deutsche Bank, Merrill Lynch, HSBC and BMO acted as joint lead arrangers.
EMCOR Group entered into a $1.3 billion credit agreement with a syndicate of banks led by Bank of Montreal as agent.
Lannett amended its existing credit agreement and raised an incremental $150 million term loan B with lenders led by Morgan Stanley Funding as administrative agent.
McGraw Hill Global Education entered into $1.925 billion new senior secured credit facilities. Credit Suisse served as administrative agent.
Grubhub the takeout marketplace, has closed a $185 million revolving credit facility. Citibank served as administrative agent for the transaction.