General Mills renewed its five-year, $2.7 billion revolving credit facility, which now includes a pricing structure that is tied to environmental impact metrics. BofA Securities is one of the facility’s joint lead arrangers and also is acting as the facility’s sustainability coordinator.
Apartment Income REIT closed a new $1.4 billion credit facility. PNC Capital Markets and Wells Fargo Securities led the syndication as joint bookrunners and lead arrangers. PNC Bank is also the administrative agent and sustainability agent for the facility.
According to an 8K filed with the SEC, Citibank served as administrative agent and collateral agent for a new $1.7 billion first lien term loan facility and a new $500 million asset-based revolving credit facility for Petco.
Ribbon Communications executed a third amendment to its credit agreement. Citizens Bank, as administrative agent under the credit facility, led the amendment, which increased Ribbon’s existing term loan A credit facility by approximately $75 million.
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.