Truist served as administrative agent on an increase from $705 million to $740 million for the revolving credit facility of Main Street Capital, according to a related 8K filed with the SEC.
JPMorgan acted as sole bookrunner and lead arranger and will continue to serve as administrative agent and lender for an amended senior revolving credit facility for BRP Group. The amendment increased the committed line under the credit facility to $300 million.
BRP Group’s subsidiary Baldwin Risk Partners has amended its senior revolving credit facility, increasing its capacity to $225 million, up $100 million from its previous amount of $125 million.
Expedition Water Solutions has expanded its revolving credit facility to $100 million. Cadence Bank served as lead arranger and administrative agent.
INTL FCStone amended its existing $262 million senior secured credit facility, increasing the size of the facility to $350 million. Bank of America Merrill Lynch and Capital One acted as joint lead arrangers on the transaction.
Legacy Texas Bank led a bank group on an amendment to Vaquero Midstream’s revolving credit facility, increasing the size of the facility to $225 million and extending the facility commitment to December 2021.
Cadence Bancorporation and its subsidiary, Cadence Bank, completed its merger with State Bank Financial and its wholly owned subsidiary, State Bank and Trust Company, effective January 1, 2019.
Ebix expanded its existing syndicated credit facility by an additional $100 million. Regions Bank led the banking group and served as both administrative and collateral agent on the transaction.
Goodnight Midstream expanded its revolving credit facility to $420 million from $320 million. ABN AMRO Capital USA and Wells Fargo served as joint lead arrangers on the transaction.
Good Times Restaurants, operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, amended its credit agreement with Cadence Bank, expanding its facility from $12 million to $17 million.