Ryerson Holding increased its existing asset-based revolving credit facility to increase the aggregate commitments to $1.3 billion. Bank of America served as administrative agent.
Stepan Company entered into credit agreement providing for a five-year committed $350 million multi-currency revolving credit facility and a $100 million delayed draw term loan facility. JPMorgan Chase Bank and BofA Securities acted as joint lead arrangers.
Koppers entered into a credit agreement with PNC Bank and Wells Fargo Bank for an $800 million revolving credit facility, a $50 million swingline facility and one or more incremental revolving or term loan facilities.
U.S. Physical Therapy closed a five-year, $325 million credit facility that includes a $150 million term loan and a $175 million revolver. The credit facility was arranged by BofA Securities and Regions Capital Markets, a division of Regions Bank, as joint lead arrangers.
DHI Group signed an amended and restated credit agreement increasing the size from a $90 million revolving credit facility to a $100 million revolving credit facility, with an accordion feature for an additional $50 million.
GoldenTree Loan Management II (GLM II) and its affiliated investment manager GoldenTree Asset Management, closed a $599 million collateralized loan obligation to be managed by GLM II.
Perrigo closed three senior secured credit facilities with JPMorgan Chase Bank, Morgan Stanley Senior Funding, Wells Fargo Securities, BofA Securities and HSBC Securities, totaling $2.6 billion.
Perrigo, a provider of self-care products, launched the syndication of $2.1 billion in senior secured credit facilities. JPMorgan Chase Bank, Morgan Stanley Senior Funding, Wells Fargo Securities, BofA Securities and HSBC Securities are the joint lead arrangers.
Sprouts Farmers Market closed a $700 million revolving credit facility under a credit agreement dated as of March 25. Bank of America acted as administrative agent, issuing bank and swingline lender for the facility.
Group 1 Automotive completed a $2 billion five-year revolving syndicated credit facility with 21 financial institutions, including U.S. Bank, Bank of America and JPMorgan Chase.