Comerica Bank Archives

Group 1 Automotive Completes $2B Revolving Credit Facility with 21 Financial Institutions

Group 1 Automotive completed a $2 billion five-year revolving syndicated credit facility with 21 financial institutions, including U.S. Bank, Bank of America and JPMorgan Chase.

Comerica Bank Hires Anderson to Lead Commercial Banking in Colorado

Comerica Bank hired Jenae Anderson as head of commercial banking. At Comerica, Anderson will oversee commercial lending and community engagement while leading a team of lenders to expand the bank’s presence in Colorado.

February 17, 2022 Comerica Bank | Jenae Anderson | Steve Richins Ian Koplin

Bank of America Agents $650MM Credit Facility for Casella Waste Systems

Casella Waste Systems, a regional solid waste, recycling and resource management services company, entered into a $650 million amended and restated credit agreement with Bank of America as administrative agent and swing line lender.

December 29, 2021 Bank of America | Casella Waste Systems | Citizens Bank | Comerica Bank | JPMorgan Chase Bank Ian Koplin

BroadOak Provides $8MM Term loan to Interpace Biosciences

Interpace Biosciences, along with its subsidiaries, entered into an $8 million term loan with BroadOak Fund V. Interpace Biosciences used the proceeds primarily to repay principal and interest on the $7.5 million short-term promissory notes due to the company’s two private equity stockholders.

Comercia Bank Provides $7.5MM Credit Facility to Interpace Biosciences

Interpace Biosciences, along with its subsidiaries, entered into a $7.5 million revolving credit facility with Comerica Bank.

October 18, 2021 Comerica Bank | Interpace Biosciences | Thomas Burnell Ian Koplin

TD Bank Arranges Update to AirBoss of America’s Credit Facilities

AirBoss of America updated its senior secured credit facilities with an expanded syndicate of banks. TD Bank served as sole lead arranger for the facilities, which were updated to increase the revolving credit availability to $250 million, among other changes.

Bank of America Leads Extension of $750MM Revolver for Graybar

Graybar completed the amendment and extension of its unsecured committed revolving credit facility. The amendment, among other things, extended the company’s five-year, $750 million revolving credit facility.

Comerica Bank Delivers $10MM Debt Facility to Alida

Alida (formerly Vision Critical), creator of a customer experience management (CXM) and insights platform, secured a $10 million debt facility from Comerica Bank.

June 29, 2021 Alida | Comerica Bank | Dave Samra | Ross Wainwright Ian Koplin

TD, National Bank of Canada, Comerica, JPMorgan Increase AirBoss’ Revolver to $150MM

AirBoss of America amended its senior secured revolving credit facilities to increase its credit availability from $60 million to $150 million. TD Bank, National Bank of Canada, Comerica Bank and JPMorgan will continue to make up the syndicate of lenders for the facility.

April 30, 2021 AirBoss of America | Comerica Bank | JPMorgan | National Bank of Canada | TD Bank Ian Koplin

JPMorgan, Wells, PNC and Comerica Close $75MM Revolver for InfuSystem

JPMorgan Chase Bank acted as lead arranger alongside a syndicate of financial banking institutions, including Wells Fargo Bank, PNC Financial Services Group and Comerica Bank, on a $75 million revolving credit facility for InfuSystem, a national healthcare service provider.

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