Goldman Sachs, Citi Upsize Harsco Revolver to $500MM
Harsco amended its existing senior secured credit facilities, increasing the amount of its revolving credit commitments by $100 million to $500 million.
Harsco amended its existing senior secured credit facilities, increasing the amount of its revolving credit commitments by $100 million to $500 million.
Keane Group entered into a new senior secured term loan facility in an initial aggregate principal amount of $350 million to refinance its existing term loan credit facility,
Reuters reported a late summer closing date for Blackstone Group’s $20 billion acquisition of a majority stake in Thomson Reuters’ Financial and Risk unit. Bank of America Merrill Lynch, J.P. Morgan and Citigroup are leading the debt financing.
According to Reuters, retail chain Claire’s Stores has filed for Chapter 11 in U.S. bankruptcy court in Delaware. Citigroup will provide DIP financing for the company as it goes through restructuring.
Reuters reported that JPMorgan, Bank of America Merrill Lynch and Citigroup are leading a syndicate of more than 20 banks that have been invited to underwrite Blackstone’s acquisition of a majority stake in Thompson Reuters’ Financial and Risk unit.
Thomson Reuters agreed to enter into a strategic partnership with Blackstone. As part of the transaction, Thomson Reuters will sell a 55% majority stake in its F&R business to private equity funds managed by Blackstone.
Keane Group amended its ABL facility with Bank of America serving as administrative agent, increasing the total availability to $300 million.
Navistar International launched the refinancing of its existing approximately $1 billion senior secured term loan.
HealthSouth amended its credit agreement with a bank group led by Barclays Bank as administrative agent, increasing the size of its revolver and decreased the balance of its term loan facility.
Trinseo Materials entered into a secured credit agreement with Deutsche Bank as administrative agent, consisting of up to $700 million in term loans and a $375 million revolving credit facility.