Superior Pipeline entered into a credit agreement with BOKF, formerly Bank of Oklahoma, as administrative agent for a five-year, $200 million senior secured revolving credit facility.
Nu Skin Enterprises closed a $400 million term loan facility and a $350 million revolving credit facility with Bank of America as administrative agent.
Allison Transmission entered into an incremental facility joinder agreement to its credit agreement in order to increase the available revolving commitments to $550 million. Citicorp was administrative agent.
Parsley Energy amended its revolver, increasing the borrowing base by 60% to $1.4 billion. Wells Fargo served as administrative agent for the lender group, which included five new lenders.
REV Group, a manufacturer of specialty vehicle brands, acquired Ferrara Fire Apparatus, a custom fire apparatus and rescue vehicle manufacturer. Ally Bank served as administrative agent for a $350 million ABL revolver and a $75 million term loan to support the transaction.
BMO Harris Bank’s asset-based lending group was administrative agent, lead arranger and bookrunner for senior credit facilities to support 475 million for Titan International.
Roadrunner Transportation Systems reached an agreement with its lender group on an interim credit-facility amendment, which provides additional working capital loans and a forbearance provision, while working toward a long-term loan amendment.