Interide Transport closed a $1.5 million revolver with TAB Bank. The new facility is based on accounts receivable and has been extended through a multi-year agreement.
Hannon Armstrong Sustainable Infrastructure Capital closed a senior secured credit facility with Bank of America Merrill Lynch. The facility can finance as much as $700 million of projects on a revolving basis.
NewStar Business Credit announced it provided a $40 million senior secured credit facility to General Insulation Company. NewStar said it syndicated a portion of the credit facility to BBVA Compass.
Kodiak Oil & Gas used its amended credit facility, led by Wells Fargo, to fund its acquisition of core Bakken and Three Forks producing properties and undeveloped leasehold in the Williston Basin from Liberty Resources.
Accuride closed a new $100 million ABL credit facility with Wells Fargo Capital Finance as lead arranger and administrative agent. BMO Harris Bank, syndication agent, and Deutsche Bank also participated.
Saba entered into a new $25 million five-year credit facility with an affiliate controlled by Vector Capital. The facility is in addition to its existing $40 million revolver with Wells Fargo.
Dillard’s said it has amended its $1 billion revolving credit facility, taking advantage of favorable market conditions. The facility was arranged by J.P. Morgan Securities and Wells Fargo Capital Finance.
Carpenter Technology said it completed a $500 million syndicated credit facility. Bank of America Merrill Lynch and J.P. Morgan Securities served as joint lead arrangers.