BofA Provides $110MM Facility to John Hancock Fund
John Hancock Financial Opportunities Fund said it entered into a $110 million credit facility with Bank of America, which will allow the Fund to engage in leverage by borrowing.
John Hancock Financial Opportunities Fund said it entered into a $110 million credit facility with Bank of America, which will allow the Fund to engage in leverage by borrowing.
Americsource closed five new credit facilities totaling $1.6 million.
Monroe Capital LLC announced the funding of a $37.85 million unitranche credit facility to support the recapitalization of MooreCo, a portfolio company of Webster Capital.
Square 1 Bank provided a credit facility to Halcyon Healthcare that will be used to support the company’s organic growth and provide working capital to fund future acquisitions.
North Mill Capital said it funded three transactions, which in the aggregate totaled $4.55 million to borrowers located in NJ and WI.
Veritas Financial Partners closed a $1.2 million senior secured credit facility for a distributor of natural stone slabs and tiles for interior design and construction.
ING Capital led and arranged Medley Capital’s facility amendment. Medley closed an additional $37.5 million of commitments, increasing the total to $300 million. The amended facility is comprised of a $200 million revolver and a $100 million term loan.
Merisant Company completed the refinancing of its credit facility. The new $95 million credit facility consists of a $70 million secured loan and a $25 million revolver. The lender group consists of Bank of America and Wells Fargo as co-leads and BMO Harris.
Empire Energy Group amended and extended its credit facility with Macquarie Bank. The facility was extended three years, set to mature on February 28, 2016. The facility was also increased to $150 million.
Amerisource Funding recently closed and funded five transactions, totaling $1.45 million.