Citibank Amends Credit Agreement with FMC Corporation

FMC Corporation finalized an expected amendment to its existing revolving credit agreement. According to an 8K filed with the SEC, Citibank is the administrative agent for the credit agreement.

November 8, 2023 Andrew Sandifer | Citibank | FMC Corporation Ian Koplin

Citibank Agents Amendment to BlackRock Capital Investment Corporation’s Revolver

BlackRock Capital Investment Corporation entered into an amendment to its $265 million senior secured revolving credit agreement. According to an 8K filed with the SEC, Citibank is the administrative agent for the facility.

September 7, 2023 BlackRock Capital Investment Corporation | Citibank | Skadden Arps Slate Meagher & Flom Phil Neuffer

Citibank Agents Repricing of AZZ Inc.’s $1.03B Term Loan

AZZ Inc., a provider of hot-dip galvanizing and coil coating solutions, repriced its existing $1.03 billion term loan B due May 13, 2029. According to an 8K filed with the SEC, Citibank is the administrative and collateral agent for the facility.

August 18, 2023 AZZ Inc. | Citibank | Philip Schlom Ian Koplin

J.P. Morgan Agents $340MM Refinancing Transaction for Liberty Company Insurance Brokers

The Liberty Company Insurance Brokers, a privately held insurance brokerage, completed a $340 million refinancing transaction on July 31. J.P. Morgan is the administrative agent for the facility, which includes a revolving credit facility, term loan and delayed-draw term loan.

August 18, 2023 Bank of America | Bernadetta Scholz | Bill Johnson | Citibank | Fifth Third Bank | InsurBanc | J.P. Morgan | Royal Bank | TD Bank | The Liberty Company Insurance Brokers Ian Koplin

Citibank Agents Term Loan Refinancing for Crocs

Casual footwear brand Crocs repriced the $1.18 billion outstanding under its term loan B facility through a refinancing amendment. According to an 8K filed with the SEC, Citibank is the administrative agent for the refinancing amendment.

August 9, 2023 Anne Mehlman | Citibank | Crocs Ian Koplin

Bank Syndicate Provides $350MM Revolving Credit Facility to BB Energy Group

BB Energy Group Holding, a globally integrated commodities group, signed a one-year, $350 million revolving credit facility. ING Bank as documentation agent and facility agent of this new transaction.

July 18, 2023 Abu Dhabi Commercial Bank | Banca UBAE | Bank ABC | BB Energy Group Holding | CA Indosuez | Citibank | Garanti Bank | Gregory Lambillon | HSBC | ING Bank | Jacques Erni | Mashreqbank | Natixis | Societe Generale | UBS Switzerland AG Ian Koplin

JPMorgan Chase Bank Provides $1B Credit Facility to First Solar

First Solar entered into a five-year revolving credit and guarantee facility for $1 billion. The facility includes up to $250 million which is available for the issuance of letters of credit. JPMorgan Chase Bank acted as lead arranger and is administrative agent for the facility.

July 7, 2023 Bank of America | BNP Paribas | Citibank | Credit Agricole CIB | First Solar | Goldman Sachs Bank | HSBC Bank | J.P. Morgan Chase Bank | Mark Widmar | Mike Lister | MUFG Bank | PNC Bank | Standard Chartered Bank | Truist Bank Ian Koplin

Wells Fargo, PNC and BMO Provide $650MM Credit Facility to Service Properties Trust

Service Properties Trust entered into a $650 million secured revolving credit facility. Wells Fargo Securities, PNC Capital Markets and BMO Harris Bank are the joint lead arrangers and joint lead bookrunners for the credit facility.

July 7, 2023 Bank of America | BMO Harris Bank | Brian Donley | Citibank | Goldman Sachs Bank | JPMorgan Chase Bank | Morgan Stanley Bank | PNC Bank | PNC Capital Markets | Service Properties Trust | UBS AG | Wells Fargo Bank | Wells Fargo Securities Ian Koplin

JPMorgan Chase Upsizes HASI’s Revolver to $840MM

Hannon Armstrong Sustainable Infrastructure Capital (HASI), an investor in climate solutions, amended its revolving credit facility, increasing the committed line under the revolving credit facility by $240 million to $840 million. JPMorgan Chase Bank is the administrative agent for the facility.

June 2, 2023 Bank of America | Barclays Bank | Citibank | Hannon Armstrong Sustainable Infrastructure Capital | JPMorgan Chase Bank | Marc Pangburn | Morgan Stanley | RBC Capital Markets | Sumitomo Mitsui Banking Corporation | wells fargo Ian Koplin

JPMorgan Chase Provides $50MM Credit Facility to Climb Global Solutions

Climb Global Solutions, an IT channel company providing sales and distribution solutions for technology vendors, signed an agreement for a five-year, $50 million secured revolving credit facility with JPMorgan Chase.

May 24, 2023 Alison Harris | Citibank | Climb Global Solutions | Dale Foster | JPMorgan Chase Ian Koplin