Deutsche Bank Agents $2.8B Facilities for ON Semiconductor
ON Semiconductor entered into a $600 million revolving credit facility and a $2.2 billion term loan B facility with a group of lenders led by Deutsche Bank, NY as administrative agent.
ON Semiconductor entered into a $600 million revolving credit facility and a $2.2 billion term loan B facility with a group of lenders led by Deutsche Bank, NY as administrative agent.
Terra Energy Partners has agreed to acquire WPX Energy Rocky Mountain, from WPX Energy. J.P. Morgan Securities, BMO Capital Markets and Wells Fargo provided an underwritten commitment for debt financing as part of the acquisition.
SUPERVALU completed the repricing, amendment and extension of its existing $1 billion asset-based revolving credit facility. Wells Fargo Bank served as administrative agent, swing line lender and LC issuer.
Waste Connections and Progressive Waste Solutions have entered into a definitive agreement to merge in an all-stock transaction. Morgan Stanley is serving as lead financial advisor to Waste Connections.
Resolute Energy closed the sale of its Gardendale assets in the Midland Basin of West Texas. Petrie Partners and BMO Capital Markets acted as financial advisors on the transaction.
Adeptus Health closed on $175 million of new credit facilities with group of banks led by Bank of America Merrill Lynch as administrative agent.
Alliance Laundry Systems said BDT Capital Partners has agreed to acquire a majority interest in the company from Ontario Teachers’ Pension Plan. BofA and BMO Capital Markets acted as joint lead arrangers for the financing.
Detour Gold reported it amended its $109 million senior facility, co-lead by BMO Capital and CIBC, and includes commitments from Commonwealth Bank of Australia, RBC and TD Bank.
BMO Capital Markets was named Best Supply Chain Finance Bank in North America by London-based Trade Finance magazine.
Jones Lang LaSalle amended its bank facility to further strengthen the firm’s operating flexibility and align with its 2020 growth strategy. BMO Capital Markets and Bank of America Merrill Lynch were co-lead arrangers.