Comerica Names Bodisco Regional Market President
Comerica Bank named Andrew M. Bodisco regional market president for the East Bay region.
Comerica Bank named Andrew M. Bodisco regional market president for the East Bay region.
Houston-based software company CS Disco closed a new debt refinancing and expansion with Comerica Bank’s Technology and Life Sciences Division.
RSP Permian entered into an amended and restated credit agreement, increasing maximum commitments to $2.5 billion. JPMorgan Chase Bank and Comerica Bank were co-arrangers.
Sonic Automotive entered into an amendment encompassing a revolver that has a borrowing limit of $250 million, which may be expanded up to $300 million with a lender group led by Bank of America as administrative agent.
Executive Vice President and General Auditor David E. Duprey has been named chief financial officer of Comerica, effective immediately.
According to Reuters, five U.S. regional banks put aside millions of dollars during Q1/16 to cover potential losses from loans to the energy sector.
Holly Energy Partners amended its existing revolving credit facility to increase the maximum amount from $850 million to $1.2 billion. Wells Fargo served as administrative agent for the transaction.
Vishay Intertechnology entered into an amended $640 million credit facility with a group of banks led by JPMorgan Chase serving as administrative agent.
Comerica announced that John M. Killian, chief credit officer, will retire in May 2015 following a 40-year career with the bank.
OddLot Entertainment announced it closed a $50 million revolver with J.P. Morgan and Comerica as co-lead arrangers. The facility cn be increased up to $150 million.