Tyler Technologies has entered into a new five-year, $400 million revolving credit facility with Wells Fargo as administrative agent.
Shanahan Joins Citizens Retail Finance Group
August 22, 2019
Jason Shanahan joined Citizens Commercial Banking as a senior vice president and senior originator in the Retail Finance Group.
Buyers are Hungry but Sellers are King: 600 Companies Still See a Seller’s Market
August 6, 2019
Citizens Bank’s latest survey on mergers and acquisitions shows an active market where sellers still have their choice of potential buyers. Ralph Della Ratta breaks down the results and provides reasons on why the market continues to look rosy even as many companies become more cautious of a potential economic downturn.
BofA Upsizes Celadon Group Facility to $122.9MM
July 3, 2019
Celadon Group amended its credit facility to extend the maturity date and provide additional liquidity.
Citizens Provides $29.5MM Facility to Convert Historic Poth Brewery
June 12, 2019
Citizens Bank’s Community Development Group provided $29.5 million in construction loan for the adaptive re-use and substantial renovation of the vacant historic Poth Brewery Plant.
JPMorgan Agents New $750MM Facility for Vishay
June 7, 2019
Vishay Intertechnology has entered into a new $750 million credit facility. JPMorgan served as administrative agent.
Citigroup to Lead DIP Revolver to Support Weatherford Restructuring
May 13, 2019
Weatherford International has executed a restructuring support agreement with a group of its senior noteholders. The agreement anticipates $1.75 billion in DIP financing, which would include a revolver led by Citigroup.
Citizens Bank Leads New $750MM Revolver for CrossAmerica Partners
April 8, 2019
CrossAmerica Partners has entered into a new five-year, $750 million revolving credit facility with a syndicate of lenders led by Citizens Bank. The new facility replaces the partnership’s previous $650 million revolving credit facility that was scheduled to expire April 25, 2020.
Citizens Agents ABL Financing for Merfish/United Pipe & Steel Merger
February 21, 2019
Citizens Commercial Banking led a senior secured asset-based financing for Merfish Pipe Holdings, a portfolio company of One Equity Partners, to support its acquisition of United Pipe & Steel.
Citizens Provides $35MM New Financing for FULLBEAUTY Chapter 11 Exit
February 11, 2019
Plus-size beauty brand FULLBEAUTY Brands successfully emerged from its Chapter 11 restructuring with approximately $35 million in new financing after eliminating approximately $900 million of debt. The ABL loan was provided by Citizens Bank.
