WFCF, RBC, Capital One Downsize Redknee Solutions Facility
Wells Fargo Capital Finance, the Royal Bank of Canada and Capital One reduced Redknee Solutions availability under its revolving line of credit to $20 million from $40 million.
Wells Fargo Capital Finance, the Royal Bank of Canada and Capital One reduced Redknee Solutions availability under its revolving line of credit to $20 million from $40 million.
INTL FCStone amended its existing $140 million revolver to extend the maturity date and increase the size of the facility to $205 million.
Holly Energy Partners amended its existing revolving credit facility to increase the maximum amount from $850 million to $1.2 billion. Wells Fargo served as administrative agent for the transaction.
RealPage entered into an agreement to amend its revolving credit facility, including the addition of a $125 million accordion feature. Wells Fargo was lead arranger and administrative agent.
Comfort Systems USA has amended its existing debt facility to increase the commitment amount to $325 million and extend the term. Wells Fargo served as administrative agent for the facility.
Surgical Specialties, a leading provider of OEM medical devices for advanced surgery, wound closure, ophthalmology, and radiology has acquired all shares of German needle manufacturer FSSB. Bank of America served as administrative agent.
CryoLife has received a commitment from Capital One, Healthcare Financial, Fifth Third and Citizens Bank to provide a $95 million secured credit facility to support the acquisition of On-X Life Technologies.
Trex Company, a manufacturer of wood-alternative decking and railing products, completed a debt refinancing through Bank of America, Citibank, Capital One and SunTrust.
Capital One has hired Karen Becker to join its Middle Market banking team in New Jersey as senior vice president. Becker was previously SVP for commercial banking at Citi Commercial Bank.
Medical device maker CryoLife will acquire On-X Life Technologies Holdings in a $130 million deal. Capital One, Fifth Third and Citizens provided a $95 million facility to support the acquisition.