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.
Calpine entered into a new seven-year $750 million term loan facility. Credit Suisse served as administrative agent for the transaction.
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.
Aluminum rolled products manufacturer Aleris International raised $1.5 billion in new debt financing. Deutsche Bank, New York Branch served as administrative agent on the transaction.
A group of lenders led by Bank of America and Merrill Lynch have committed to providing Albertsons with a $4.667 billion facility to support the company’s merger with Rite Aid.
Ferro closed on a new $820 million senior-secured term loan facility and increased its senior-secured revolving credit facility to $500 million. The company will use the proceeds to repay outstanding balances on its prior facility.
SBA Communications amended its credit facility, increasing the revolver from $1 billion to $1.25 billion and adding a new $2.4 billion term loan. TD Bank (Texas) served as administrative agent on the transaction.
GCP Applied Technologies increased the aggregate principal amount of its revolving credit facility to $350 million. Deutsche Bank, New York Branch acted as both administrative and collateral agent on the transaction.
Global gaming technology provider The Stars Group increased its U.S. dollar and Euro denominated first lien term loans and revolving credit facility to a total of $2.79 billion and its revolver from $100 million to $225 million. Deutsche Bank served as administrative agent.
W. R. Grace completed the $416 million acquisition of the Polyolefin Catalysts business of Albemarle Corporation. To support the purchase, Goldman Sachs served as administrative agent for a seven-year, $950 million term loan and a five-year, $400 million revolving credit facility.
Avis Budget Group extended the term of its $1.8 billion senior revolving credit facility for an additional two years to 2023. The company also extended the maturity of its $1.1 billion term loan for an additional three years to 2025, with no change in interest rate charged.