Wells Fargo Amends Diversified Healthcare Trust’s Revolver

Diversified Healthcare Trust amended the agreement governing its revolving credit facility and exercised its option to extend its maturity date to January 2024. Wells Fargo is the administrative agent for the facility. 

February 25, 2022 Citigroup Global Markets | Diversified Healthcare Trust | PNC Capital Markets | RBC Capital Markets | Wells Fargo Securities Ian Koplin

BMO Coordinates $250MM Sustainability-Linked Revolver for Seaspan

BMO Financial Group is serving as lead sustainability structuring coordinator for a three-year, $250 million sustainability-linked revolving credit facility for Seaspan, a containership leasing company.

February 18, 2022 BMO Capital Markets | BMO Financial Group | Citigroup Global Markets | Jonathan Hackett | Matt Borys | Seaspan Ian Koplin

Webster Financial and Sterling Bancorp Complete Merger

Webster Financial and Sterling Bancorp completed their previously announced merger. The combined company is a financial institution with a funding base that includes HSA Bank as well as consumer and commercial banking businesses.

February 2, 2022 Citigroup Global Markets | J.P. Morgan Securities | Jack L. Kopnisky | James J. Landy | John P. Cahill | John R. Ciulla | Keefe Bruyette & Woods | Maureen B. Mitchell | Mona Aboelnaga Kanaan | Piper Sandler | Richard L. O'Toole | Squire Patton Boggs | Sterling Bancorp | Wachtell Lipton Rosen & Katz | Webster Financial | William E. Whiston Ian Koplin

JPMorgan Chase-Led Syndicate Provides $10B to Support McAfee Acquisition

McAfee, a global provider of online protection, entered into a definitive agreement to be acquired by an investor group, which obtained a commitment from a JPMorgan Chase Bank-led syndicate for nearly $10 billion in debt financing to support the transaction.

November 9, 2021 Abu Dhabi Investment Authority | Advent International | Bank of America | Barclays Bank | Barclays Capital | BofA Securities | Brian Ruder | Bryan Taylor | Bryant Stibel Group | Canada Pension Plan Investment Board | Citibank | Citigroup Global Markets | Condor BidCo | CPPIB Credit Investments III | Credit Suisse | Credit Suisse Loan Funding | Crosspoint Capital | Fried Frank Harris Shriver & Jacobson | GIC Private Limited | Goldman Sachs | Greg Clark | HSBC Bank | HSBC Securities | Intel Americas | Jon Winkelried | JP Morgan Securities | JPMorgan Chase Bank | Kirkland & Ellis | McAfee | Morgan Stanley | Moulton Moore Stella | Neuberger Berman | Permira | PSP Investments Credit | RBC Capital Markets | Ropes & Gray | Royal Bank of Canada | Tim Millikin | TPG Global | UBS | UBS Securities and PSP Investments Credit II Ian Koplin

CitiGroup & Goldman Sachs Provide Financing to Support Avantor’s Acquisition of Masterflex

Avantor entered into a definitive agreement to acquire the Masterflex bioprocessing business and related assets of Antylia Scientific, a privately held, portfolio company of investment firms GTCR and Golden Gate Capital.

September 8, 2021 Antylia Scientific | Avantor | Brian Barnett | Citigroup Global Markets | Golden Gate Capital | Goldman Sachs Bank | Gordon Dyal & Co. Advisory Group | GTCR | J.P. Morgan | Jefferies | Kirkland & Ellis | Masterflex | Michael Stubblefield | Perella Weinberg Partners | Simpson Thacher & Bartlett Ian Koplin

Wells Fargo Agents $1B in Secured Credit Facilities for Integer Holdings

Integer Holdings, a medical device outsource manufacturer, raised $1 billion in senior secured credit facilities to refinance its existing debt. Wells Fargo Bank is acting as administrative agent, swingline lender and issuing lender for the facilities.

September 3, 2021 BofA Securities | Citigroup Global Markets | Fifth Third Bank | Integer Holdings | Jason Garland | KeyBanc Capital Markets | Santander Bank | Wells Fargo Securities Ian Koplin

Farr Joins Apollo as Senior Partner to Lead Capital Solutions Activities

Craig Farr joined Apollo Global Management as a senior partner to lead the firm’s capital solutions activities. In this newly created role, Farr will spearhead Apollo’s centralized origination, structuring and distribution platform.

May 18, 2021 Apollo Global Management | Carlyle | Citigroup Global Markets | Craig Farr | Howard Widra | Jim Zelter | KKR | MidCap Financial | North American Equity Capital Markets | Scott Kleinman Ian Koplin

Citigroup-Led Syndicate Arranges $5B Credit Facility for SYNNEX

SYNNEX entered into a new $5 billion credit facility consisting of a $1.5 billion term loan and a $3.5 billion revolving credit facility. Citigroup Global Markets is the joint lead arranger and joint bookrunner for the new revolving credit and term loan facilities.

April 20, 2021 Bank of America | Bank of Nova Scotia | Citigroup Global Markets | HSBC Bank USA | Marshall Witt | MUFG Bank | Sumitomo Mitsui Banking | SYNNEX | Wells Fargo Bank Ian Koplin

Webster and Sterling to Combine, Merger Valued at $10.3B

The boards of directors of Webster Financial and Sterling Bancorp unanimously approved a definitive agreement under which the two companies will combine in an all-stock merger of equals transaction with a total market value of approximately $10.3 billion.

April 19, 2021 Citigroup Global Markets | Glenn I. MacInnes | J.P. Morgan Securities | Jack L. Kopnisky | John R. Ciulla | Keefe Bruyette & Woods | Luis Massiani | Piper Sandler | Signature Bancorp | Squire Patton Boggs | Wachtell Lipton Rosen & Katz | Webster Financial | William L. Atwell Ian Koplin

Harsco Refinances Term Loan, Extends Revolver with Aid from Goldman Sachs, Others

A syndicate of banks including Goldman Sachs acted as joint bookrunners and joint lead arrangers in connection with a new term loan B facility of $500 million as part of Harsco’s amendment to its senior secured credit agreement.

March 11, 2021 BMO Capital Markets | BofA Securities | Citigroup Global Markets | Fifth Third Bank | Goldman Sachs | Harsco | HSBC Securities | Pete Minan | PNC Capital Markets | RBC Capital Markets/Royal Bank of Canada Phil Neuffer