JPMorgan Chase, Comerica Upsize RSP Permian Facility to $2.5B

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.

Bank of America Agents Sonic Automotive Amendment

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.

Comerica Names New Chief Financial Officer

Executive Vice President and General Auditor David E. Duprey has been named chief financial officer of Comerica, effective immediately.

Reuters: Major Regional Banks Prepare for Energy Loan Losses

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.

Wells Fargo Agents Upsize to $1.2B for Holly Energy Partners

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.

JPMorgan Agents Vishay Intertechnology’s $640MM Amendment

Vishay Intertechnology entered into an amended $640 million credit facility with a group of banks led by JPMorgan Chase serving as administrative agent.

Comerica Chief Credit Officer to Retire

Comerica announced that John M. Killian, chief credit officer, will retire in May 2015 following a 40-year career with the bank.

J.P. Morgan, Comerica Provide OddLot $50MM Revolver

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.

Former J.P. Morgan MD Named SVP, CEO of Comerica Securities

Michael W. Malone joined Comerica as SVP and CEO of Comerica Securities and Comerica Insurance Services. Most recently, Malone served as managing director and national branch director of J.P. Morgan Securities.

Comerica Renews Scientific Learning Credit Line

Scientific Learning completed a private placement of $4.6 million in subordinated debt securities and completed the renegotiation of covenants under its line of credit with Comerica Bank.