Citi Leads $125MM Facility for The Trade Desk
The Trade Desk secured a $125 million revolver from a lending syndicate led by Citibank.
The Trade Desk secured a $125 million revolver from a lending syndicate led by Citibank.
Credit Suisse agented a $1.2 billion term loan and Citibank agented a $200 million ABL revolving credit facility for PQ Corporation. The transactions coincided with PQ’s merger with Eco Services.
Grubhub the takeout marketplace, has closed a $185 million revolving credit facility. Citibank served as administrative agent for the transaction.
VOXX International entered into an amended $140 million credit facility with a $15 million sublimit for letters of credit and the right to increase the maximum revolver amount to $175 million.
Navig8 Product Tankers entered into a $130.3 million senior secured credit facility agreement with Citibank and Caixabank to provide post-delivery financing for four 74,000 DWT LR1 product tankers.
Peabody Energy has filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of Missouri. Citibank arranged $800 million in DIP financing for the company.
Armstrong World Industries entered into an amended credit agreement encompassing a $200 million revolver, a $600 million term loan A and a $250 million term loan B with a lender group led by Bank of America as administrative agent.
Mercury Systems has agreed to acquire the embedded security, RF and microwave, and custom microelectronics businesses of Microsemi. A Bank of America-led lender group will provide $340 million in financing to support the transaction.
WPX Energy amended and restated its revolving credit facility. According to a related 8-K filing, Citibank led the transaction as administrative agent.
Holly Energy Partners amended its existing revolving credit facility to increase the maximum amount from $850 million to $1.2 billion. Wells Fargo served as administrative agent for the transaction.