Huttig Building Products entered into a new $250 million senior credit facility. JPMorgan Chase is the administrative agent, joint bookrunner and joint lead arranger for the facility.
America’s Car-Mart extended the term of its revolving credit facilities to Sept. 29, 2024, and increased the total permitted borrowings to $600 million. In addition, CIBC Bank USA and Axos Bank joined the lending group.
SageSure secured $125 million in bank financing. The syndicated facility is led by Citizens is leading the syndicated facility with ING Group, BMO Harris and East West Bank serving as joint lead arrangers.
BMO for Black and Latinx Small Business Program will now be available in all BMO markets where BMO Harris operates branches. The program – part of BMO’s five-year, $5 billion EMpower commitment – was piloted in Illinois and Northwest Indiana last year.
To get a handle on how the asset-based lending industry has traversed a tumultuous 2020 and where it is headed in 2021, ABF Journal spoke with executives from Siena Lending Group, Context Business Lending, PNC and BMO Harris in an exclusive Q&A.
Landec amended its credit facility with its current syndicate of lenders,;JPMorgan Chase, BMO Harris Bank and City National Bank.
Dean Foods has successfully increased the company’s borrowing base availability to $265 million under its senior secured revolving credit facility. Rabobank served as administrative agent for the transaction.
BMO Harris Bank has appointed Shaheena Khan as regional leader, retail banking, Minnesota and Western Wisconsin; Dalila Rouri as regional leader, retail banking, Florida; and Patrick Strieck, regional leader, retail banking, Arizona.