Peabody successfully completed an amendment of its senior secured credit agreement and closed on commitments for a $270 million revolving credit facility, which is expected to lead to the release of a comparable amount of restricted cash over time.
Innergex Renewable Energy increased its revolving credit facility to $475 million from $425 million. TD Securities and BMO Capital Markets were lead arrangers.
Grubhub closed its previously announced acquisition of Eat24. Citibank served as administrative agent for a credit facility consisting of a $225 million revolver, a $125 million term loan and $20 million of swing line loans.
Credit Suisse Securities (USA) provided a $65 million acquisition financing commitment and a senior secured incremental term loan facility for AAC Holdings.
Citizens Bank served as administrative agent for $300 million in new financing for business communications provider Mitel to acquire ShoreTel.
Alamos Gold increased the size of its credit facility from $150 million to $400 million. Scotiabank, BMO Capital Markets and TD Securities led the transaction.
Detour Gold closed a $500 million senior secured credit facility with its existing bank group. Bank of Montreal served as administrative agent.
AAC Holdings closed a new $210 million senior secured term loan facility and $40 million revolving credit facility. Credit Suisse served as administrative agent for the transaction.
SUPERVALU completed the refinancing of a $525 million senior secured term loan credit agreement with a $315 million delayed draw term loan facility with Goldman Sachs as administrative agent.
Pilgrim’s Pride entered into a credit agreement, effective May 8, 2017, for a new $750 million revolving credit facility and a term loan commitment of $800 million through a consortium of banks with Rabobank as administrative agent.