Morgan Stanley Senior Funding led debt financing to support the close of E.W. Scripps Company’s acquisition of ION Media Networks. In addition, BofA Securities, Truist Securities, J.P. Morgan and Wells Fargo acted as joint book runners on the debt financing.
Owl Rock Capital Group and the Dyal Capital Partners division of Neuberger Berman Group entered into a definitive business combination agreement with Altimar Acquisition Corporation to form Blue Owl Capital, an alternative asset management firm with more than $45 billion in assets under management.
Citigroup Global Markets, BofA Securities, PNC Capital Markets, U.S. Bank and Wells Fargo Securities served as joint lead arrangers for a $200 million term loan for TravelCenters of America.
BofA Securities, JPMorgan Chase Bank and Wells Fargo Bank acted as joint lead arrangers and joint bookrunners on the maturity extension of a $1 billion revolving credit facility for Ryseron Holding Corporation, a processor and distributor of industrial metals.
Citigroup Global Markets, U.S. Bank, Barclays, Bank of America Securities and UBS Securities acted as joint lead arrangers and bookrunners for a new $250 million term loan facility for APi Group.
Goldman Sachs BDC completed its merger with Goldman Sachs Middle Market Lending. BofA Securities and Dechert served as financial and legal advisors to Goldman Sachs BDC, while Morgan Stanley and Eversheds Sutherland served as the financial and legal advisors to Goldman Sachs Middle Market Lending.
Quanta Services amended its credit agreement to increase the aggregate revolving commitments of the lenders from $2.135 billion to $2.510 billion. BofA Securities, PNC Capital Markets, Truist Securities and Wells Fargo Bank acted as arrangers for the amendment.
Bank of America is serving as administrative agent for a amended and restated $1.5 billion five-year unsecured revolving credit facility for Reliance Steel & Aluminum. The amended and restated facility will replace Reliance’s existing agreement.
According to an 8K filed with the SEC, Bank of America served as administrative and collateral agent on a $2.4 billion asset-based revolving credit facility in connection with the merger of WillScot and Mobile Mini.
Vivint Solar closed two debt transactions totaling $545 million in incremental lender commitments, including a $245 million upsize to its revolving warehouse facility. According to an 8K, Bank of America is serving as administrative agent and collateral agent for the warehouse facility.