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.
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.
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.