Citibank renewed its two-year revolving credit facility totaling $100 million with Consumer Portfolio Services, an independent specialty finance company providing indirect automobile financing to those with past credit issues, low incomes or limited credit histories.
Atlantic Park Capital Fund provided a $250 million senior secured term loan and Citibank provided a $150 million asset-based loan to TEAM, a provider of integrated, digitally-enabled performance solutions, to refinance the company’s existing debt facilities.
Citibank provided a $40 million committed revolving credit facility to Despegar.com, an online travel company in Latin America.
BofA Securities, BBVA Securities and PNC Capital Markets acted as joint lead arrangers and joint bookrunners on a three-year, $670 million secured credit facility for Diodes Incorporated.
Barclays Bank, Regions Capital Markets, Citibank, US Bank, Wells Fargo Bank, Bank of America, Citizens Bank and BMO Harris Bank are serving as participating lenders for an amendment to Chatham Lodging Trust’s $250 million revolving credit facility.
Citibank is serving as administrative agent and Wells Fargo is serving as syndication agent for an amendment to Hersha Hospitality Trust’s existing bank credit facility, which provides for an additional $100 million on the company’s $250 million senior revolving line of credit.
Citibank, Barclays, BMO Capital Markets, BofA Securities, Credit Suisse, Goldman Sachs, JP Morgan Chase and RBC Capital Markets arranged a new $500 million bridge credit facility and an amendment to an existing senior credit facility for Dana Incorporated.
According to an 8K filed with the SEC, Citibank served as administrative agent on a two-year, $6 million term loan for Honeywell. Citibank, Bank of America, JP Morgan Chase Bank and Wells Fargo served as syndications agents.
J.P. Morgan, RBC Capital Markets and SunTrust Robinson Humphrey served as joint lead arrangers on an amendment to NMI Holdings senior secured revolving credit facility, which increased the revolving capacity to $100 million.
Citibank acted as sole structuring agent for Atlas, which closed its $285 million senior secured financing on behalf of its wholly owned subsidiary, APR Energy.