Wesemeier, Los Join Citizens as Managing Directors

Citizens Commercial Banking has hired Peter Wesemeier and Ben Los as managing directors, expanding the bank’s expertise in financial institution and insurance industry clients.

Citizens Agents $60MM Secured Facility for API Heat Transfer

Citizens Commercial Banking acted as sole arranger and administrative agent on a $60 million senior secured credit facility for API Heat Transfer, a designer and manufacturer of specialty heat exchangers.

Wells Agents New $335MM BlueLinx ABL Facility

BlueLinx Holdings closed a new five-year $335 million syndicated secured asset-based revolving credit facility. Wells Fargo served as administrative agent.

Goldman Sachs, BofA Support Gymboree Emergence from Chapter 11

Gymboree emerged from Chapter 11 as a new corporation under the name Gymboree Group. Goldman Sachs provided an $85 million term loan, and Bank of America Merrill Lynch and Citizens provided a $200 million revolver to support the restructuring.

Credit Suisse, Rabobank Agent $1.45B Facility for Herbalife

Herbalife closed a new $1.45 billion senior secured credit facility, consisting of a $150 million revolving credit facility maturing 2022 and a $1.3 billion term loan maturing 2023.

Citizens, BankUnited Upsize CPI Aerostructures’ Facility

CPI Aerostructures entered into a $40 million amendment that replaces its previous $35 million facility with BankUnited and Citizens Bank.

KeyBank Agents New $325MM Facility For Installed Building

Installed Building Products entered into a new five-year, $325 million senior secured credit facility with an accordion feature. KeyBank was lead arranger, sole bookrunner and administrative agent.

Capital One, Fifth Third, Citizens Provide $95MM to Support CryoLife Buy

Medical device maker CryoLife will acquire On-X Life Technologies Holdings in a $130 million deal. Capital One, Fifth Third and Citizens provided a $95 million facility to support the acquisition.

JPMorgan Agents Vishay Intertechnology’s $640MM Amendment

Vishay Intertechnology entered into an amended $640 million credit facility with a group of banks led by JPMorgan Chase serving as administrative agent.

Citizens Hires Moody as Director

Citizens Bank announced Patrick Moody was hired as a director and senior business capital originator for Citizens Commercial Banking.