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.
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.