BofA Agents Extension of Lockheed Martin $2.5B Facility
Lockheed Martin extended the expiration date of its $2.5 billion credit agreement by one year from October 9, 2020 to October 9, 2021. Bank of America was administrative agent.
Lockheed Martin extended the expiration date of its $2.5 billion credit agreement by one year from October 9, 2020 to October 9, 2021. Bank of America was administrative agent.
Solar Capital entered into an amendment to its senior secured credit agreement increasing the amount to $555 million from $540 million. Citibank served as administrative agent.
Spectra Energy entered into a $2 billion revolving credit agreement with a syndicate of banks. Citibank acted as administrative agent.
Glucose Health entered into a receivables financing agreement with Citibank.
Marriott International completed its acquisition of Starwood Hotels & Resorts Worldwide. Bank of America agented an increase to Marriott’s credit facility from $2.5 billion to $4 billion to support the transaction.
Natus Medical has entered into an agreement to acquire GN Otometrics from GN Store Nord in an all cash transaction for $145 million.
Alcoa entered into an amendment to its five-year revolving credit agreement, with Citibank serving as administrative agent and JPMorgan Chase as syndication agent.
Tenet Healthcare entered into an amendment to its existing letter of credit facility agreement. Barclays served as administrative agent.
The Blackstone Group entered into an amended and restated $1.5 billion revolving credit facility. Citibank served as administrative agent for the transaction.
Philip Morris International entered into an agreement to extend the term of its existing $3.5 billion revolving credit facility dated October 1, 2015 to October 1, 2021.