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.

J.P. Morgan, BMO Harris, Others Arrange $1.3B Welbilt Refi

Welbilt amended its senior secured credit facility, increasing the borrowing limit for the revolving credit facility to $400 million from $275 million and extending maturity date to October 23, 2023.

BMO Harris Agents $500MM Facility for Lilis Energy

Lilis Energy entered into a five-year, $500 million credit agreement. The credit agreement provides for a senior secured reserve based revolving credit facility with an initial borrowing base of $95 million.

BMO Harris Hires Friedlander as Managing Director/ABL Group

BMO Harris Bank hired Steve Friedlander as managing director, portfolio and professional development, for its Asset-Based Lending team.

BMO Harris Names Geist Commercial Banking Market Exec

BMO Harris Bank named Greg Geist Commercial Banking Market executive in Arizona.

BMO Taps Callahan as Director, BDO, Diversified Industries

Thomas Callahan joined BMO Harris as director, Business Development, Diversified Industries in Kansas City, MO.

BMO Agents $230MM Extreme Networks Facility

Bank of Montreal acted as administrative and collateral agent on a credit agreement – consisting of a $40 million five-year revolving credit facility and a $190 million five-year term loan – with Extreme Networks.

JPMorgan Upsizes Sprouts Market Facility to $700MM

Sprouts Farmers Market amended its credit agreement, increasing the company’s total commitments to $700 million. JPMorgan served as administrative agent on the transaction, while Bank of America served as syndication agent.

BMO Harris Provides $22.25MM Refi Facility to CynergisTek

BMO Harris Bank issued a new $17.25 million term loan and a $5 million revolver for CynergisTek as part of the latter’s debt restructuring.

Regions Upsizes Ebix Facility to $650MM

Ebix expanded its existing credit facility from $450 million to $650 million to assist in funding its growth. Regions Bank served as administrative agent for the transaction.