Regions, Citizens & Truist Provide $300MM Credit Facility Expansion to AdaptHealth

AdaptHealth increased its term loan by $100 million and expanded its borrowing capacity under its revolving credit facility from $250 million to $450 million. Regions Capital Markets acted as lead arranger and sole administrative agent. Citizens Bank and Truist Securities acted as joint lead arrangers.

April 26, 2021 AdaptHealth | Citizens Bank | Josh Parnes | Regions Capital Markets | Steve Griggs | Truist Securities Ian Koplin

BofA Agents WEX Facility Upsize to $1.9B

WEX, a financial technology service provider, amended and restated its credit facility. The lenders agreed to a restatement agreement that increases commitments under WEX’s revolving credit facility from $870 million to $930 million.

April 5, 2021 Bank of America | BMO Capital Markets | BofA Securities | Citizens Bank | Mizuho Securities USA | MUFG Bank | Santander Bank | Truist Securities | Wells Fargo Securities | WEX Ian Koplin

Citizens, BankUnited, SVB Provide $65MM Credit Facility to Fluent

Citizens Bank served as administrative agent, lead arranger and bookrunner on a credit agreement consisting of a $50 million term loan and a revolving credit facility of up to $15 million for Fluent. BankUnited and Silicon Valley Bank also participated in the deal.

April 1, 2021 Alex Mandel | BankUnited | Citizens Bank | Ryan Schulke | Silicon Valley Bank Ian Koplin

BMO Harris Supplies $200MM Revolver to Digi International

Digi International entered into an amended and restated credit agreement with BMO Harris Bank as administrative agent and collateral agent. The new facility provides Digi with a $200 million senior secured revolving credit facility with an option to increase the size of the facility by $75 million.

March 22, 2021 BMO Capital Markets | BMO Harris Bank | Citizens Bank | Digi International | Jamie Loch | Silicon Valley Bank | U.S. Bank Phil Neuffer

Citizens Amends Ribbon Communications’ Credit Agreement

Ribbon Communications executed a third amendment to its credit agreement. Citizens Bank, as administrative agent under the credit facility, led the amendment, which increased Ribbon’s existing term loan A credit facility by approximately $75 million.

March 8, 2021 Bank of America | Bank of Hope | Barclays Bank | Citibank | Citizens Bank | Fifth Third Bank | HSBC Bank | JPMorgan Chase Bank | M&T Bank | Miguel Lopez | Ribbon Communications | Santander Bank | Silicon Valley Bank Phil Neuffer

Wintrust Provides Better Choice with $12MM Credit Facility for Debt Refinancing

Wintrust Financial provided Better Choice Company with a $12 million long-term credit facility. The company will use the facility to refinance its existing $13.3 million debt with Citizens and Bridging Finance.

January 12, 2021 Better Choice | Bridging Finance | Citizens Bank | Michael Young | Scott Lerner | Wintrust Financial Corporation Phil Neuffer

JPMorgan, Citizens, PNC, SVB and Truist Arrange $250MM in Debt Refinancing for Avid

JPMorgan Chase and a syndicate of banks arranged a five-year, $180 million term loan and a $70 million revolving credit facility to refinance existing debt for Avid, a media and entertainment technology provider.

January 6, 2021 Avid | Cerberus Business Finance | Citizens Bank | Jeff Rosica | JPMorgan | Ken Gayron | PNC Capital Markets | Silicon Valley Bank | Truist Securities Phil Neuffer

Citizens, Wells Fargo and SVB Arrange $65MM Credit Facility for Harvard Bioscience

Citizens Bank acted as administrative agent and Wells Fargo Bank and Silicon Valley Bank acted as joint bookrunners, joint lead arrangers and syndication agents on a $65 million credit facility for Harvard Bioscience, a manufacturer of drug development technologies and products.

December 23, 2020 Citizens Bank | Harvard Bioscience | Michael Rossi | Silicon Valley Bank | Wells Fargo Bank Phil Neuffer

TD Agents $1B Aligned Data Center Sustainability-Linked Financing

Aligned completed a $1 billion senior secured credit facility — the first U.S. data center sustainability-linked financing. TD Securities was the administrative and collateral agent and Goldman Sachs Lending Partners as the syndication agent.

September 17, 2020 Aligned | Citizens Bank | Deutsche Bank AG | Goldman Sachs Bank USA | Goldman Sachs Lending Partners | ING Capital | New York Branch and Nomura Securities International | TD Securities Rita Garwood

MUFG, Wells Fargo, Citizens, BMO Amend $175MM Term Loan for MaxLinear

According to an 8K, MUFG Union Bank, Wells Fargo, Citizens Bank and BMO Harris led an incremental amendment for a $175 million term loan A facility for MaxLinear. MaxLinear is using the financing to fund its completed acquisition of Intel’s home gateway platform division.

August 4, 2020 BMO Harris Bank | Citizens Bank | Kishore Seendripu | MaxLinear | MUFG Union Bank | Wells Fargo Bank Phil Neuffer