CoBank Provides $15MM Loan to Connecticut Water Service

Pursuant to a master loan agreement dated June 2009 and amended January 2012, CoBank provided Connecticut Water Service with a term loan in the principal amount of $15 million.

BofA Agents $930MM Facility for Rayonier

Rayonier Advance Materials amended its credit facility with Bank of America as administrative agent to support its acquisition of Tembec.

Rabobank Agents New $1.55B Facility for Pilgrim’s Pride

Pilgrim’s Pride entered into a credit agreement, effective May 8, 2017, for a new $750 million revolving credit facility and a term loan commitment of $800 million through a consortium of banks with Rabobank as administrative agent.

CoBank Agents $330MM Hawaiian Telcom Facility

Hawaiian Telcom entered into a credit agreement that provides for up to $330 million. CoBank served as administrative agent.

Webster Promotes Motl to EVP, Commercial Banking

Webster Bank promoted Christopher Motl, executive vice president, Middle Market Banking to executive vice president, head of Commercial Banking.

Wells, Others Provide Pacific Ethanol Refi

Pacific Ethanol, a leading producer and marketer of low-carbon renewable fuels, is refinancing its $155.1 million principal term debt via transactions with CoBank, First Farm Credit and Wells Fargo.

KeyBanc Capital Markets Arranges $434MM sPower Equity/Debt Financing

sPower, a private owner of utility-scale solar operating assets, completed a $434 million tax equity investment and construction/term loan. KeyBanc Capital Markets acted as coordinating lead arranger.

CoBank Agents $315MM Term Loan for Frontier Communications

Frontier Communications entered into a $315 million term loan credit agreement with a lender group led by CoBank as administrative agent.

BofA Merrill Lynch Leads $75MM North State Facility

North State completed a new $75 million credit facility. Bank of America Merrill Lynch led the lending syndicate that included CoBank, Fifth Third Bank, High Point Bank and TD Bank.

CoBank, AgFirst Farm Credit Upsize CatchMark Facility to $365MM

CoBank, ACB and AgFirst Farm Credit Bank expanded CatchMark Timber Trust’s multi-draw term credit facility, increasing the maximum availability of funds to $365 million.