SMART Global Holdings completed its acquisition of Stratus Technologies, a global provider of simplified, protected and autonomous computing solutions in the data center and at the edge.
Star Group entered into a sixth amended and restated asset-based credit facility, which expires in July 2027 and provides the ability to borrow up to $400 million on a revolving line of credit. JPMorgan Chase Bank is the facility’s administrative agent.
FLEETCOR Technologies amended its pro-rata credit facility, increasing the overall facility size from $4.01 billion to $4.5 billion and extending the maturity to a new five-year term ending in June 2027. Bank of America is the administrative agent.
DHI Group signed an amended and restated credit agreement increasing the size from a $90 million revolving credit facility to a $100 million revolving credit facility, with an accordion feature for an additional $50 million.
Archaea Energy obtained binding commitments from five financial institutions to amend its revolving credit and term loan agreement to, among other things, increase aggregate total commitments by approximately $450 million to a total of at least $920 million.
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.
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.
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.
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
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.