Capital One Provides $75MM Revolving Credit Facility to Avtech Capital
Avtech Capital, a privately-held equipment leasing company based in Salt Lake City, completed a new $75 million revolving credit facility with Capital One.
Avtech Capital, a privately-held equipment leasing company based in Salt Lake City, completed a new $75 million revolving credit facility with Capital One.
Capital One served as administrative agent for an amended and restated credit facility for EquipmentShare, a nationwide construction solutions provider, and increased its borrowing capacity to $2.1 billion.
Whitestone REIT amended and extended its $515 million credit facility, comprised of a $250 million revolver and $265 million term loan.
Vista Outdoor closed its acquisition of CA-based Fox Racing for the purchase price of $540 million, with the potential for an additional $50 million earnout based on Fox Racing’s financial performance.
Lima Ekram joined the financial institutions group within Capital One’s commercial bank as a managing director of residential mortgage banking research. She will develop research on key macroeconomic and industry trends impacting the independent mortgage banking industry.
FLEETCOR Technologies amended its pro-rata credit facility, increasing the overall facility size from $4.01 billion to $4.5 billion and extending the maturity to a new five-year term ending in June 2027. Bank of America is the administrative agent.
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.
Capital One is serving as administrative agent on a $200 million senior secured asset-based revolving line of credit for Perry Ellis, an owner of retail brands.
Accel Entertainment, a distributed gaming operator in the U.S., amended its existing senior secured credit facility to increase its borrowing capacity from $438 million to $900 million with a new five-year term with a syndicated group of banks. Capital One acted as the administrative agent for the facility.
Capital One entered into a definitive agreement to acquire TripleTree, an investment banking advisory platform serving healthcare companies. TripleTree will join Capital One Commercial Bank’s capital markets group.