Frontdoor, a provider of home service plans, closed a transaction to refinance its capital structure, including entry into new credit facilities totaling $890 million with JPMorgan Chase as administrative agent.
BNP Paribas is serving as administrative agent for a $2.565 billion revolving bank facility for Freepoint Commodities. ABN AMRO Capital, Coöperatieve Rabobank, ING Bank and Société Générale are serving as co-syndication and co-documentation agents.
Kimco Realty closed a new $2 billion revolving credit facility with commitments from 21 lending institutions, replacing the company’s existing $2.25 billion unsecured revolving credit facility.
Microchip Technology completed its acquisition of Microsemi in a deal valued at $10.3 billion. JPMorgan agented an amendment to the company’s credit facility that provided a revolving loan of approximately $3.8 billion and a $3 billion term loan.
Microchip Technology amended its credit facility dated June 27, 2013 with JPMorgan Chase Bank. The amended facility provides for a revolving loan of approximately $3.8 billion.
Calpine closed a new $1 billion first lien term loan facility maturing in January 2025. Credit Suisse served as administrative agent for the transaction.
Walt Disney Company entered into a new $2.5 billion 364-day credit agreement with a syndicate of lenders led by JPMorgan Chase and Citibank as co-administrative agents.