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.
BlueLinx Holdings closed a new five-year $335 million syndicated secured asset-based revolving credit facility. Wells Fargo served as administrative agent.
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.
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.
CPI Aerostructures entered into a $40 million amendment that replaces its previous $35 million facility with BankUnited and Citizens Bank.
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.
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.
Vishay Intertechnology entered into an amended $640 million credit facility with a group of banks led by JPMorgan Chase serving as administrative agent.
Citizens Bank announced Patrick Moody was hired as a director and senior business capital originator for Citizens Commercial Banking.