BMO Harris Bank Archives

BMO Harris Supplies $200MM Revolver to Digi International

Digi International entered into an amended and restated credit agreement with BMO Harris Bank as administrative agent and collateral agent. The new facility provides Digi with a $200 million senior secured revolving credit facility with an option to increase the size of the facility by $75 million.

BMO Harris Reduces Titan International’s Revolver to $100MM

Titan International amended and extended its credit and security agreement with agent BMO Harris Bank with respect to a $125 million revolving credit facility. The amount available to be borrowed under the amended facility was reduced to $100 million.

March 1, 2021 BMO Harris Bank | David Martin | Titan International Phil Neuffer

BMO Harris Agents $150MM Revolving Credit Facility for Synalloy

BMO Harris Bank provided metal and chemical manufacturer Synalloy Corporation with a four-year revolving credit facility with up to $150 million of borrowing capacity.

January 20, 2021 BMO Harris Bank | Chris Hutter | Synalloy Corporation Phil Neuffer

Abacus Promotes Lee to VP, Wise and Rendell to Associates

Abacus Finance Group promoted Joseph Lee from senior associate to vice president and Jacob Wise and Austin Rendell from analysts to associates.

MUFG, BMO Harris and Others Increase America’s Car-Mart’s Line of Credit to $326MM

MUFG Union Bank, BMO Harris Bank, Wells Fargo, BOK Financial, First Horizon Bank, Arvest Bank and Commerce Bank increased America’s Car-Mart’s existing line of credit to from $241 million to $326 million. MUFG joined the group as a new lender.

How Has the Paycheck Protection Program Affected Bank-Owned ABL?

The Paycheck Protection Program has been top of mind for many lenders, particularly banks. ABF Journal learned about the experience of bank-owned asset-based lending groups with the program as well as expectations and concerns for the future in conversations with four leaders in the industry.

SFNet Virtual Convention Starting Nov. 17 to Address Future of Finance

The Secured Finance Network’s 76th Annual Convention, “This Way Forward,” will take place from Nov. 17 to 19 and will cover financial, economic and political disruptions that banks and finance companies face in the midst of a pandemic and the aftermath of the U.S. election.

MUFG, Wells Fargo, Citizens, BMO Amend $175MM Term Loan for MaxLinear

According to an 8K, MUFG Union Bank, Wells Fargo, Citizens Bank and BMO Harris led an incremental amendment for a $175 million term loan A facility for MaxLinear. MaxLinear is using the financing to fund its completed acquisition of Intel’s home gateway platform division.

Forbes Ranks BMO Harris Bank as one of America’s Best Employers for Women in 2020

For the second consecutive year, Forbes named BMO Harris Bank one of America’s Best Employers for Women in 2020.

July 29, 2020 BMO Harris Bank | Forbes Magazine | Tracie Morris Phil Neuffer

Roadrunner Terminates BMO Facility in Relation to Ascent Global Spin-Off

Roadrunner Transportation Systems terminated its existing senior secured credit facility with BMO Bank Harris in connection with its plans to spin off Ascent Global Logistics as a stock dividend to stockholders.

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