Flexiti Financial, a point-of-sale consumer financing solution for retailers, upsized its revolving warehouse credit facility from C$500 million ($367.1 million) to C$535 million ($392.9 million) and extended its maturity.
Waldencast Acquisition entered into a credit agreement that features $225 million in term loan and revolving credit facilities. JPMorgan Chase Bank is the administrative agent.
Castleton Commodities International closed a $2.2 billion borrowing base facility consisting of a $1 billion 18-month tranche and a $1.2 billion two-year tranche. The facility also includes a $1 billion accordion, which remains available to support future liquidity needs and growth.
Apollo agreed to acquire Cardenas Markets, a grocery retailer focused on serving the Hispanic community, from investment funds affiliated with KKR, a global investment firm.
Freepoint Commodities closed a $2.63 billion revolving bank facility. The facility consists of a $1.57 billion, three-year committed tranche and a $1.05 billion, one-year uncommitted tranche. Additionally, the facility has a $570 million accordion feature. BNP Paribas is the administrative agent for the facility.
H.I.G. Capital completed its acquisition of Pixelle Specialty Solutions Holding. Headquartered in Spring Grove, PA, Pixelle is a provider of fiber-based specialty solutions in North America. Pixelle owns and operates four specialty paper mills.
Versana plans to launch an industry-backed syndicated loan platform, joining together banks, institutional lenders and their service providers to bring transparency, efficiency and velocity to this $5 trillion market.
Voyager Aviation Holdings, an aircraft asset lessor and manager, closed a five-year, senior secured warehouse facility with an initial committed amount of $500 million. Citi is acting as the administrative agent and security trustee for the facility.
Platinum Equity completed its acquisition of Pelican Products, a designer and manufacturer of protective cases and gear for outdoor enthusiasts and supply chain solutions for the healthcare industry. BofA Securities was the lead underwriter for debt financing in support of the transaction.
TDCX, a digital customer experience solutions provider, fully repaid the total outstanding principal amount of $188 million and accrued and unpaid interest and premium under its term loan credit facility with Credit Suisse and completed relevant documentation.