ING Capital Arranges $70MM Corporate Capital Trust Facility
Corporate Capital Trust has closed on a new credit facility of $70 million, lead and arranged by ING Capital. Cadence Bank and Seaside National Bank will be lenders under the facility.
Corporate Capital Trust has closed on a new credit facility of $70 million, lead and arranged by ING Capital. Cadence Bank and Seaside National Bank will be lenders under the facility.
Corporate Capital Trust has closed on a new credit facility of $70 million, lead and arranged by ING Capital. Cadence Bank and Seaside National Bank will be lenders under the facility.
Wells Fargo served as administrative agent for a syndicate of banks that refinanced and expanded two revolving credit facilities totaling $585 million for midstream provider Lucid Energy Group.
Goodnight Midstream closed a $105 million syndicated revolver with a bank group led by ABN AMRO. Participants included Texas Capital, East West Bank and Cadence Bank.
Jamba Juice closed a $10 million revolving line of credit with Cadence Bank as administrative agent, lender and L/C issuer.
Silicon Valley Bank served as sole administrative agent and joint lead arranger for $139.91 million in debt financing to support, among other things, Extreme Networks acquisition of Zebra Technology’s wireless LAN.
Software provider Ebix expanded its existing credit facility from $240 milion to $400 million to fund its growth and share repurchase programs.
Regions Bank served as administrative and collateral agent for the transaction.
Good Times Restaurants, operator of Good Times Burgers & Frozen Custard, received a senior debt revolving line of credit commitment from Cadence Bank for $9 million.
Acacia Partners made an investment in Vision Radiology. Vision said Cadence Bank provided the credit facility for the investment that was completed in partnership with the founders of Vision.
Lucid Energy Group announced the company finalized a $200 million revolving credit facility. Wells Fargo Securities and Cadence Bank acted as joint lead arrangers.