Wells Fargo Expands RealPage Borrowing Capacity to $325MM
RealPage entered into an agreement to amend its revolving credit facility, including the addition of a $125 million accordion feature. Wells Fargo was lead arranger and administrative agent.
RealPage entered into an agreement to amend its revolving credit facility, including the addition of a $125 million accordion feature. Wells Fargo was lead arranger and administrative agent.
According to the Hollywood Reporter, film distribution and production company A24 has increased its credit facility to $125 million. Comerica structured the transaction with BofA, JPMorgan and SunTrust joining in the upsize.
Westport Axle entered into a $60 million revolving credit and term loan agreement with Comerica Bank as administrative agent, arranger and documentation agent.
A new film, television and digital content creation company has been launched by a group of film execs, including Steven Spielberg, principal partner, DreamWorks Studios. JPMorgan and Comerica co-lead a $500 million syndication to support the project.
Mid-Con Energy Partners received commitments from its lending group to change the borrowing base under its $250 million credit facility from $220 million to $190 million. Wells Fargo served as administrative agent.
Rush Enterprises entered into an amendment with a lender group led by GE Capital Commercial as administrative agent for a facility that will provide $850 million to finance the company’s purchase of vehicle inventory and working capital.
According to The Deal, Quirky has filed for bankruptcy protection with plans to sell its mobile app subsidiary for $15 million. The company owes Comerica Bank over $29 million.
Rapid Micro Biosystems announced the closing of its $16 million term loan facility with Solar Capital and a $3 million revolver with Comerica Bank.
Sterling Construction entered into an amended credit agreement with its primary lender Comerica Bank and is actively considering several debt financing proposals to replace the credit facility.
Modern Systems said it entered into an amendment to its existing loan agreement with Comerica Bank to increase the non-formula revolver up to the amount of $2 million.