Bob Evans Farms completed the sale of its restaurants to Golden Gate Capital and its acquisition of Pineland Farms Potato Company. The company also established a new $300 million credit facility with a group of banks led by Bank of America serving as administrative agent.
Bob Evans Farms amended its existing credit facility with a bank group led by PNC and PNC Capital Markets that acted as administrative agent and joint lead arranger, respective for the facility.
Bob Evans Farms announced it entered into a $750 million amended revolver. PNC Bank acted as administrative agent, and PNC Capital joint lead arranger and sole bookrunner.