Citizens Provides $29.5MM Facility to Convert Historic Poth Brewery

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

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

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

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

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

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

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

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

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

Eastern Bank announced that Donald B. Lewis has joined its Commercial Lending Division as Senior Vice President, Head of Asset Based Lending.