Boeing Approaches Citi for New Loan Amid Max Crisis

Bloomberg reported that Boeing has approached a group of banks about a potential loan to try to regain its footing following the 737 Max groundings.

KeyBank Extends Retail Opportunity Investments $600MM Facility

Retail Opportunity Investments amended its $600 million credit facility, extending the maturity date to February 2024 and reducing the borrowing rate to LIBOR plus 0.9%.

Sumitomo, Mizuho, Other Lead $3.5B Revolver for TAQA

Abu Dhabi National Energy has secured a $3.5 billion revolving credit facility.

Citibank Reaffirms Lonestar $290 Million Borrowing Base

Lonestar Resources US completed its fall borrowing base redetermination with Citibank.

Citibank Agents $630MM Facility for Houghton Mifflin Harcourt

Houghton Mifflin Harcourt has priced and allocated $380 million aggregate principal amount of five-year senior secured term loans and a $250 million five-year senior secured asset-based revolving credit facility.

Barclays, Citi, Deutsche Amend American Airlines $2.842B Facilities

American Airlines entered into amendments to three credit agreements with Barclays, Citibank and Deutsche Bank as administrative agents

BNY Mellon Agents $800MM Term Loan for Grupo Gerdau

Grupo Gerdau secured a $800 million credit facility. BNY Mellon served as administrative agent for the transaction.

Citi Agents $1.905B Revolver for Toll Brothers

Toll Brothers entered into a five-year $1.905 billion revolving credit facility to replace the company’s existing $1.295 billion revolving credit facility, which was scheduled to mature in May 2021.

Barclays, Citibank, Others Provide $154.4MM Revolver to Keywords Studios

Barclays Bank, Citibank, HSBC and Silicon Valley Bank provided a revolving credit facility of up to €140 million ($154.4 million) to Keywoods Studios.

Citibank Agents $300MM Upsize to KB Home Revolver

Citibank served as administrative agent on an amendment to KB Home’s revolving credit facility, which increased the borrowing capacity to $800 million and extended the maturity date to October 2023.