Avaya entered into a plan support agreement (PSA) with holders of more than 50% of its first lien debt, including certain members of the ad hoc group of first lien creditors. In January, Citibank provided $725 million DIP when the company entered Chapter 11.
Citicorp Agents $75MM Sherwin-Williams Upsize
May 9, 2017
Citicorp served as administrative agent and issuing bank for an amendment to Sherwin-Williams’ credit agreement, increasing availability to $425 million.
Evercore, Others Lead Golar $150MM Financing
November 15, 2016
Golar LNG closed a new term loan credit facility of up to $150 million. Clarksons Platou Securities, Danske Markets and Evercore ISI were joint lead managers in the offering. Citicorp was sole bookrunner.
Citicorp Downsizes Alison Transmission Revolver to $450MM
September 26, 2016
Alison Transmission reduced the available commitments under its revolving credit facility to $450 million and amended other provisions of the senior secured credit facility. Citicorp served as administrative agent.
Citicorp Agents Federal-Mogul Holdings Refi
April 18, 2014
Federal-Mogul Holdings announced it successfully secured $2.6 billion to refinance existing debt. Citicorp USA acted as administrative agent, according to an SEC filing.
