Eureka Midstream closed on a $400 million senior secured revolving credit facility with ABN AMRO Capital USA as administrative agent and sole lead arranger.
Upland Software closed a $200 million credit facility with Wells Fargo Capital Finance and CIT Bank as lead arrangers. Goldman Sachs USA, Regions Bank and Citizens Bank participated in the financing.
CIT Bank created a strategic partnership with Allstate. The joint venture, CIT Northbridge Credit, will provide revolving and term loan commitments to middle market companies.
Ygrene Energy Fund upsized its warehouse credit line to $410 million provided by Deutsche Bank, SunTrust Robinson Humphrey, Nomura Corporate Funding and new participant CIT Bank.
General Finance amended and extended its North American senior secured revolver with a syndicate led by Wells Fargo that also included: East West Bank, CIT Bank, KeyBank, Private Bank and Trust and Bank Hapoalim.
Macquarie Capital closed the first non-recourse project financing of battery-based energy storage systems with CIT Bank.
Upland Software closed an expanded credit facility that provides for up to $90 million in borrowing capacity with Wells Fargo Capital Finance and CIT Bank as joint lead arrangers
sPower, a private owner of utility-scale solar operating assets, completed a $434 million tax equity investment and construction/term loan. KeyBanc Capital Markets acted as coordinating lead arranger.
CIT served as sole lead arranger for a $35 million senior secured facility to support Goode Partners’ acquisition of Forman Mills.
The Mohegan Tribal Gaming Authority has engaged Citizens Bank, Merrill Lynch, Credit Suisse Securities (USA) SunTrust Robinson Humphrey, Goldman Sachs Bank, KeyBank and CIT Bank to arrange $1.4 billion of new senior secured credit facilities.