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.
Citizens Agents Amendment to $265.2MM Facility for ANI
December 28, 2018
Pharmaceutical manufacturer ANI Pharmaceuticals entered an amended and restated five-year senior secured credit facility for up to $265.2 million with Citizens Bank as administrative agent and lead arranger.
BofA Agents $1.1B Amended Revolver for Hasbro
November 30, 2018
Global toy and entertainment company Hasbro entered into a $1.1 billion amended and restated revolving credit agreement with Bank of America as administrative agent, swing line lender, an L/C issuer and a lender.
Citizens Bank Agents $41.2MM Credit Facility for Chelten House Products
November 14, 2018
Citizens Commercial Banking provided a $41.2 million credit facility to Chelten House Products.
Eastern Bank Appoints Longtime Citizens Bank Vet Head of Asset-Based Lending
November 13, 2018
Eastern Bank announced that Donald B. Lewis has joined its Commercial Lending Division as Senior Vice President, Head of Asset Based Lending.
Wells Fargo, ABN AMRO Arrange $100MM Upsize for Goodnight Midstream
November 8, 2018
Goodnight Midstream expanded its revolving credit facility to $420 million from $320 million. ABN AMRO Capital USA and Wells Fargo served as joint lead arrangers on the transaction.
Citizens, Others Provide $75MM Revolver to Four Springs
October 30, 2018
Four Springs Capital Trust secured a $75 million three-year revolving credit facility from Citizens Bank, Huntington Bank, Peapack-Gladstone Bank and Two River Community Bank.
