JPMorgan Agents New $6B Facility for Sprint
Sprint Communications closed a new $6 billion secured revolving and term loan credit facility with JPMorgan as administrative agent.
Sprint Communications closed a new $6 billion secured revolving and term loan credit facility with JPMorgan as administrative agent.
Energy Transfer Equity entered into a $2.2 billion senior secured term loan agreement with Credit Suisse, Cayman Islands Branch as administrative agent.
Terex refinanced its existing senior secured credit facility with a new $850 million senior secured credit facility comprised of a $450 million revolving line of credit and a $400 million term loan. Credit Suisse was administrative agent for a syndicate of lenders.
AerCap Holdings extended two term loan facilities totaling $2.25 billion, with RBC Capital Markets, Bank of America Merrill Lynch, Deutsche Bank Securities and Credit Suisse as lead arrangers.
HSBC, JPMorgan and Societe Generale have joined a $1.85 billion-equivalent loan financing to support GoDaddy’s acquisition of peer Host Europe Group.
Talen Energy Supply successfully priced a $600 million term loan B facility arranged by Goldman Sachs, RBC Capital, Barclays, Credit Suisse, Deutsche Bank, Morgan Stanley and MUFG acting as joint lead arrangers.
Morgan Stanley Senior Funding agented an amendment to Smart & Final Stores’ term loan, increasing the amount from $594.9 million to $625 million.
Marriott International completed its acquisition of Starwood Hotels & Resorts Worldwide. Bank of America agented an increase to Marriott’s credit facility from $2.5 billion to $4 billion to support the transaction.
Alcoa entered into an amendment to its five-year revolving credit agreement, with Citibank serving as administrative agent and JPMorgan Chase as syndication agent.
As part of its revised restructuring plan, Paragon Offshore has executed an amendment with 100% of the lenders under its senior secured revolving credit agreement. J.P. Morgan Securities, Deutsche Bank Securities and Barclays served as joint lead arrangers and joint lead bookrunners.