Omni-Lite Industries Canada has refinanced its current $700,000 senior bank credit facility with the entering of a new three-year, $3 million revolving line of credit facility with City National Bank.
Rick Hariman will join City National Bank as executive vice president and chief information officer, succeeding John Beale, who is retiring in January after 23 years with the bank.
Landec amended its credit facility with its current syndicate of lenders,;JPMorgan Chase, BMO Harris Bank and City National Bank.
City National Bank has opened three new U.S. locations: a new full-service banking office in Hollywood, CA; its first entertainment banking office in Miami, and its first full-service regional center on Long Island, NY.
City National Bank has entered into an agreement to purchase Miami-based Executive Banking Corporation, the parent company of Executive National Bank.
Willis Lease Finance expanded its $890 million revolving credit facility to $1 billion. MUFG served as administrative agent for the transaction.
36th Street Capital expanded its three-year, expandable senior secured revolving credit facility to $100 million, an increase of $25 million.