Grindr completed a refinancing via a new $300 million term loan A facility and a $50 million revolving credit facility. The joint lead arrangers of the transaction are J.P. Morgan, Bank of America, Citizens Bank and Silicon Valley Bank, a division of First Citizens Bank.
Koppers, a provider of treated wood products, wood treatment chemicals and carbon compounds, completed the repricing of its seven-year, $399 million senior secured term loan B due April 10, 2030. Wells Fargo is acting as administrative agent for the term loan.
Amplify Energy closed a senior secured reserve-based revolving credit facility with KeyBanc Capital Markets, Cadence Bank and Citizens Bank as joint lead arrangers and KeyBank as administrative agent.
Ironwood Pharmaceuticals entered into a definitive agreement to acquire VectivBio for an estimated aggregate consideration of approximately $1 billion. Citibank, Citizens Bank, JPMorgan Chase, Royal Bank of Canada and Wells Fargo provided financing for the transaction.
CrossAmerica Partners entered into an amended and restated five-year revolving credit facility agreement with a syndicate of lenders led by Citizens Bank. The amended facility provides borrowing capacity up to $925 million.
Koppers Holdings, an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, priced and allocated a seven-year $400 million senior secured Term Loan B. Wells Fargo Bank is acting as sole and exclusive administrative agent.
Ritchie Bros. closed an amendment to its credit agreement with a syndicate of lenders to support the closing of its proposed merger with IAA. BofA Securities, RBC Capital Markets, Goldman Sachs and Wells Fargo Securities served as joint bookrunners for the agreement.
EVERTEC refinanced its existing credit facilities on Dec. 1, 2022. The new credit facilities consist of an expanded $200 million revolving credit facility and a $415 million term loan A, both of which are due on Dec. 1, 2027.
Sterling Check closed a $700 million refinancing of the company’s credit facility and the authorization of a $100 million share repurchase program.
FTAI Aviation entered into an amendment to the second amended and restated credit agreement dated as of Sept. 20, which provides for an increase in the form of additional revolving commitments by Citizens Bank.