Capital One Archives - Page 2 of 25

Syndicate of Lenders Amends Term Loan to $900MM for Dave & Buster’s Entertainment

Dave & Buster’s Entertainment, an owner and operator of entertainment and dining venues, amended its credit agreement, achieving favorable pricing and upsizing the term loan B facility to $900 million.

Bank of America Amends and Extends Cleveland-Cliffs’ ABL Facility

Cleveland-Cliffs amended and extended its asset-based lending credit facility. The amendment extends the maturity date of the facility to June 9, 2028, and transitions the benchmark interest rate from LIBOR to SOFR. BofA Securities served as lead arranger for the ABL facility.

Capital One Provides Increases EquipmentShare’s Revolver to $3B

EquipmentShare increased its borrowing capacity from $2.1 billion to $3 billion through a senior secured asset-based revolving credit facility with Capital One and closed its debut offering of $640 million of senior secured notes.

May 11, 2023 Capital One | EquipmentShare | Jabbok Schlacks | Tim Tobin | Trevor Schauenberg Ian Koplin

Capital One Leads Credit Line Increase for ARKO Subsidiary

GPM Petroleum, a subsidiary of convenience store operator ARKO Corp., renewed and extended its revolving credit facility with a syndicate of banks led by Capital One. The credit line was increased by $300 million to $800 million.

Capital One Extends and Upsizes 36th Street Capital’s Revolving Credit Facility to $280MM

36th Street Capital extended and upsized its senior secured revolving credit facility to $280 million, marking an increase of $110 million. The credit facility includes six lenders and is led by Capital One as agent.

April 18, 2023 36th Street Capital | Capital One | Kiran Kapur Ian Koplin

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.

November 7, 2022 Avtech Capital | Capital One | Chris Emery | Dave Kucera Ian Koplin

Capital One Bank Closes $2.1B Credit Facility for EquipmentShare

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.

October 14, 2022 Capital One | EquipmentShare | Tim Tobin | Trevor Schauenberg Ian Koplin

Whitestone REIT Amends and Extends $515 Million Credit Facility with Syndicate of Lenders

Whitestone REIT amended and extended its $515 million credit facility, comprised of a $250 million revolver and $265 million term loan.

Capital One and JPMorgan Support Vista Outdoor’s $540MM Acquisition of Fox Racing

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.

Capital One Adds Ekram as Managing Director of Residential Mortgage Banking Research

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.

July 21, 2022 Capital One | Dave Kucera | Lima Ekram Ian Koplin

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