Citi Agents $500MM Dana Holding Facility
Dana Holding entered into a $500 million revolving credit and guaranty agreement with Citibank as administrative agent and collateral agent.
Dana Holding entered into a $500 million revolving credit and guaranty agreement with Citibank as administrative agent and collateral agent.
Vonage Holdings, a provider of cloud communications services for businesses, completed the acquisition of privately-held Nexmo. JPMorgan Chase served as administrative agent for a $450 million credit facility to support the transaction.
Hibernia Networks, a provider of global, high speed telecommunications solutions, completed a $165 million senior secured credit facility with a new lender group led by MUFG.
ANI Pharmaceuticals entered a new three-year senior secured asset-based revolving credit facility for up to $30 million with Citizens Bank. This facility will be secured by inventory and certain other working capital and related assets of ANI Pharmaceuticals.
Citizens Bank provided $28 million in senior credit facilities to Princeton, NJ-based Ramoco Fuels.
Nouria Energy purchased J&S Oil with a restructured and expanded loan relationship with Citizens Bank.
Unique Fabricating entered into a new credit facility providing for borrowings of up to $62 million with Citizens Bank acting as syndication agent with other lenders.
Unique Fabricating acquired the business and substantially all of the assets of Intasco. To finance the acquisition, Unique refinanced its existing facility with Citizens Bank serving as the syndication agent.
Citizens Commercial Banking provided Lytron with a new $15 million revolving line of credit.
Memorial Production Partners amended its revolving credit facility with Wells Fargo as agent and completed a semi-annual redetermination, resulting in a revised borrowing base of $925 million.