Truist served as administrative agent on an increase from $705 million to $740 million for the revolving credit facility of Main Street Capital, according to a related 8K filed with the SEC.
AirBoss of America has formed AirBoss Defense Group through the merger of its AirBoss Defense business and other operations in Acton Vale, QC with Critical Solutions International.
Toll Brothers entered into a five-year $1.905 billion revolving credit facility to replace the company’s existing $1.295 billion revolving credit facility, which was scheduled to mature in May 2021.
Legacy Texas Bank led a bank group on an amendment to Vaquero Midstream’s revolving credit facility, increasing the size of the facility to $225 million and extending the facility commitment to December 2021.
Comerica Bank will provide ERI the largest credit facility in ERI’s 16-year history. Specific details of the financing were not disclosed.
Peter L. Sefzik, Comerica Bank’s Texas Market president, will be named executive vice president of the Business Bank, and Brian P. Foley, Comerica Bank’s CCO-Texas, will succeed Sefzik as Texas Market president.
Main Street Capital expanded the total commitments under its revolving credit facility from $655 million to $680 million. BB&T served as administrative agent for the 17-bank lender group.
Credit Acceptance extended the maturity of its $350 million revolving secured line of credit facility with a commercial bank syndicate from June 22, 2020 to June 22, 2021.
Superior Pipeline entered into a credit agreement with BOKF, formerly Bank of Oklahoma, as administrative agent for a five-year, $200 million senior secured revolving credit facility.