AquaVenture Holdings completed a $150 million senior secured, non-amortizing term loan agreement with Deutsche Bank as arranger and lender, and Wells Fargo as administrative agent.
Axalta Coating Systems has entered into an agreement to acquire the assets of Valspar’s North American Wood Coatings business for $420 million. Deutsche Bank committed financing to support the acquisition.
Alliance One International entered into a $60 million ABL credit agreement with a lender group led by Deutsche Bank as administrative agent. Wells Faro served as syndication agent.
OMNOVA Solutions refinanced its term loan facility and ABL revolver with a new $350 million term loan and $90 million downsized revolver with a lender group led by Deutsche Bank AG as administrative agent and JPMorgan Chase as ABL lender, respectively.
Beacon Rail Leasing closed on the acquisition of Ascendos Rail Leasing, a European locomotive rolling stock leasing company. Committed debt financing was provided by ING Bank and Deutsche Bank AG.
Beacon Rail Leasing agreed to acquire Ascendos Rail Leasing, a European locomotive and rolling stock leasing company. Debt financing for the transaction was provided by ING Bank and Deutsche Bank AG.
The Wall Street Journal reported that solar energy company SunEdison is preparing to file bankruptcy. SunEdison is also the subject of an SEC probe.
Microsemi and PMC-Sierra announced an agreement under which the former will acquire the latter in a $2.5 billion deal. Morgan Stanley Senior Funding, Bank of Tokyo-Mitsubishi and Deutsche Bank have committed to provide the financing.
AB Electrolux entered into an agreement to acquire the appliances business of GE in a cash deal worth $3.3 billion. The acquisition will be funded by a bridge facility arranged by Deutsche Bank AG and SEB AB.
XPO Logistics said it agreed to acquire New Breed. The acquisition will be supported by term loan commitments from Credit Suisse, Morgan Stanley Senior Funding, Citigroup and Deutsche Bank for up to $645 million.