Carpenter Completes $500MM Syndicated Credit Facility
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.
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.
U.S. Silica said it launched an initiative to refinance its current $305 million facility, including a $50 ABL revolver, with a new $425 facility encompassing a $375 million term loan and a $50 million cash-flow revolver.
Triangle Capital amended its $165 million senior secured credit facility jointly arranged by BB&T Capital Markets and Fifth Third Bank. The facility was extended one year to September 2017.
CWC Well Services announced it has renewed and amended its extendable revolver, which has been increased to $75 million, from a syndicate of lenders, arranged by Alberta Treasury Branches as lead arranger.
Richmont Mines said it has secured a letter of offer for a senior secured credit facility for up to $50 million from Macquarie Bank to advance its Island Gold Deep project.
Access Capital closed a credit facility in the amount of $1.95 million with a New York-based photo and video production company focused on serving top fashion brands and major retailers.
Advent Software recently closed a $425 million senior credit facility. J.P. Morgan Securities and BofA Merrill Lynch acted as joint lead arrangers and joint bookrunners.
Cole Taylor Business Capital announced the funding of a new $14 million credit facility for Transaxle, a portfolio company of private equity firm Graham Partners.
Furniture maker Chromcraft Revington announced it refinanced its credit facility and entered into a new revolver with First Capital of up to $9 million based upon eligible accounts receivables and inventory.
Doral Healthcare Finance announced it has provided an amended credit facility for an existing client with an increase in commitment to $15 million.