Credit Suisse Agents $750MM Term Loan for Calpine

Calpine entered into a new seven-year $750 million term loan facility. Credit Suisse served as administrative agent for the transaction.

Stonebriar to Close Fifth Securitization Transaction for $650MM

Stonebriar Commercial Finance has allocated all bonds, confirmed pricing and is set to close its fifth commercial equipment asset-backed securitization, SCFET 2019-1, a $650 million ABS issuance.

Goldman Sachs, J.P. Morgan to Bookrun on Pinterest Public Offering

Online image aggregator and social media platform Pinterest filed a proposal with the SEC for an initial public offering of its Class A shares. Goldman Sachs, J.P. Morgan Securities and Allen & Company will serve as lead joint book-running managers for the offering.

Credit Suisse Supports $1.5B Pacific Drilling Recap

Pacific Drilling has made progress in connection with its Chapter 11 proceedings, including receiving a commitment from Credit Suisse Securities to support a $1.5 billion recapitalization of the company’s capital structure.

Barclays, Others Support GMS Titan Buy

GMS agreed to acquire 100% of the equity interests of WSB Titan for total consideration of approximately $627 million. Barclays Bank, Credit Suisse and Credit Suisse Securities will provide debt financing to support the transaction.

Barclays Agents $2.2B Term Loan Repricing for Post

Cereal maker Post completed a repricing of its existing approximately $2.2 billion term loan through an amendment to its credit agreement.

PNC Agents $600MM Revolver for CNX

CNX Midstream Partners closed a new senior secured revolving credit facility, expanding their borrowing capacity to $600 million. PNC Bank served as both administrative and collateral agent on the transaction.

Goldman Sachs, Others Support GTT Interoute Acquisition

GTT Communications agreed to acquire Interoute for approximately €1.9 billion ($2.3 billion) in cash. Goldman Sachs, Credit Suisse and SunTrust Bank, among others, will provide debt financing for the transaction.

Goldman Sachs Agents $2.6B Facilities for VICI Properties

VICI Properties entered into two new credit facilities, totaling $2.6 billion. Goldman Sachs served as administrative agent for both transactions.

Credit Suisse Agents New $1B Facility for Calpine

Calpine closed a new $1 billion first lien term loan facility maturing in January 2025. Credit Suisse served as administrative agent for the transaction.