Bank of America, JPMorgan Chase Bank, Barclays Bank and Citigroup Global Markets signed a commitment letter to provide $5.5 billion in senior secured super-priority DIP credit facilities to support PG&E through its bankruptcy process.
Rite Aid entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility. Bank of America served as both administrative and collateral agent on the facilities.
Bank of America Merrill Lynch acted as the active lead arranger on two separate credit facilities for BGC Partners and Newmark Group, respectively. Together, the credit agreements total $600 million.
R. R. Donnelley & Sons entered into a $550 million senior secured term loan B credit facility with Bank of America as administrative agent.
Goldman Sachs served as both administrative and collateral agent on a joinder and amendment which established new $200 million first lien term loans for eyewear retailer National Vision.
Bank of America served as administrative agent on a $250 million incremental term loan for Celestica, a designer and manufacturer of supply chain solutions.
Digital Realty, a global provider of data center, colocation and interconnection solutions, has completed the refinancing of its global credit facilities, totaling $3.3 billion.
Enviva Partners amended its senior secured credit facility, extending the maturity to October 2023 from April 2020 and increasing the revolving credit facility to $350 million from $100 million.
PBF Logistics amended and extended its five-year revolving credit facility, increasing the commitments from $360 million to $500 million. Wells Fargo served as administrative agent for the 20-bank syndicate.
Castleton Commodities International closed two credit facilities totaling $3.525 billion, including a committed borrowing base facility and a committed revolver. BNP Paribas and Citibank acted as administrative agents on the facilities.