Citibank Agents $300MM Upsize to KB Home Revolver

Citibank served as administrative agent on an amendment to KB Home’s revolving credit facility, which increased the borrowing capacity to $800 million and extended the maturity date to October 2023.

JPMorgan Chase, BMO Agent $50MM Upsize to ESCO LoC

ESCO Technologies finalized a commitment with its lenders to enter into a new, extended and increased credit facility, which includes an increase of $50 million to its revolving line of credit.

BMO Names New Regional Presidents, U.S. Head of Retail Specialty Sales

BMO Harris Bank appointed three Personal and Business Banking team members as regional presidents throughout the United States: Chris Michalski, Bernard Narine and Tony Tintinalli. Steve Zandpour was concurrently appointed head of U.S. Retail Specialty Sales.

BofA Agents $225MM Amended Revolver for USA Truck

USA Truck completed an amended and restated $225 million revolving credit facility with a group of banks and Bank of America as agent.

BofA Agents $3.15B Facilities for Drugstore Giant Rite Aid

Rite Aid entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility. Bank of America served as both administrative and collateral agent on the facilities.

Connelly Joins BMO Financial Board of Directors

BMO Financial appointed Kevin Connelly to the BMO Financial board of directors. His appointment is effective January 1, 2019.

JPMorgan Chase Agents New $750MM Facilities for AmTrust Financial

JPMorgan Chase served as administrative agent and issuing bank on a $350 million term loan facility and a $400 million revolving credit facility for AmTrust Financial Services.

BofAML Arranges $600MM Revolvers for BGC Partners, Newmark

Bank of America Merrill Lynch acted as the active lead arranger on two separate credit facilities for BGC Partners and Newmark Group, respectively. Together, the credit agreements total $600 million.

Regions Agents $100MM Expansion of Ebix Credit Facility

Ebix expanded its existing syndicated credit facility by an additional $100 million. Regions Bank led the banking group and served as both administrative and collateral agent on the transaction.

Regions, BMO Harris Support Park Energy Midcon Acquisition

Park Energy Services completed the acquisition of substantially all the assets of Midcon Compression. Regions Bank and BMO Harris Bank provided debt financing to support the transaction.