Citizens Bank Archives

JP Morgan, BofA and Wells Fargo Increase Credit Facility to $750MM for Curtiss-Wright

Curtiss-Wright entered into a new credit agreement with a group of eight banks increasing the size of its revolving credit facility to $750 million while also expanding the accordion feature to $250 million.

Citizens, TD and Wells Fargo Increase Sustainability-Linked Loan to $1.75B for Aligned Data Centers

Aligned Data Centers increased its sustainability-linked loan from $375 million to $1.75 billion to accelerate its next phase of strategic growth and expansion. TD Securities, Wells Fargo Securities and Citizens Bank acted as joint bookrunners and joint lead arrangers for the facility.

Bank of America Delivers $450MM Revolving Loan Facility to Encina Equipment Finance

Encina Equipment Finance closed a new non-recourse secured revolving loan facility with initial lending commitments from three lenders totaling $450 million. Bank of America structured the facility and is the administrative agent and the lead lender.

April 28, 2022 Bank of America | Citizens Bank | Encina Equipment Finance | Rick Matte | Truist Bank Ian Koplin

BofA, BMO and Capital One Amend and Upsize Credit Facility for StoneX Group

StoneX Group agreed to amend its existing $401 million senior secured credit facility, extending the maturity through April 2025 and increasing the size of the facility to $475 million. Bank of America Merrill Lynch, Bank of Montreal and Capital One acted as joint lead arrangers on the credit facility

JPMorgan Chase and Citibank Provide $150MM Term Loan to INDUS Realty Trust

INDUS Realty Trust amended and restated its credit agreement to increase the size to $250 million with the addition of a new $150 million delayed draw term loan. JPMorgan Chase Bank is the administrative agent and Citibank is the syndication agent for the facility.

Citizens and Truist Lead $300MM Syndicated Revolving Credit Facility for Recreational Realty

Recreational Realty secured a syndicated revolving credit facility led by Truist Securities and Citizens Bank that allows the company to borrow up to $300 million, assuming certain conditions are met.

Citizens, Santander and Fifth Third Provide $525MM in Financing to SMART Global Holdings

SMART Global Holdings (SGH) completed refinancing transactions via a $275 million term loan A facility and a $250 million undrawn revolving credit facility.

February 8, 2022 Citizens Bank | Fifth Third Bank | Ken Rizvi | Santander Bank | SMART Global Holdings Ian Koplin

JPMorgan Chase Leads Amendment of Progress’ $575MM Credit Facility

Progress, a provider of products to develop, deploy and manage high-impact applications, entered into an amended secured credit facility in the aggregate amount of $575 million. JPMorgan Chase Bank acted as administrative agent for the transaction.

Bank of America Agents $650MM Credit Facility for Casella Waste Systems

Casella Waste Systems, a regional solid waste, recycling and resource management services company, entered into a $650 million amended and restated credit agreement with Bank of America as administrative agent and swing line lender.

December 29, 2021 Bank of America | Casella Waste Systems | Citizens Bank | Comerica Bank | JPMorgan Chase Bank Ian Koplin

JPMorgan Chase-Led Syndicate Amends and Extends $825MM Credit Facility for Essent Group

Essent Group amended its credit facility to increase the total facility from $625 million to $825 million. JPMorgan Chase Bank, BofA Securities and Royal Bank of Canada Capital Markets acted as joint lead arrangers and joint bookrunners for the credit facility.

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