BoA, Deutsche Bank Arrange $50MM Revolver for Parker Drilling

Parker Drilling has completed its financial restructuring and emerged from Chapter 11 protection. According to the 8-K filing, Bank of America served as administrative agent and joint lead arranger and joint bookrunner along with Deutsche Bank on an initial $50 million revolver.

Ball Closed $2.548B in ABL Facilities with Deutsche Bank

Ball Corporation completed the closing of its new $2.548 billion revolver and term loan senior secured credit facilities. According to the related 8-K filing, Deutsche Bank, New York Branch served as administrative agent and collateral agent on the transaction.

Deutsche Bank Agents $1B Revolving LoC for Mobile Mini

According to an 8-K filing, Deutsche Bank, New York Branch acted as administrative agent on a new $1 billion five-year, revolving line of credit for Mobile Mini, a provider of portable storage solutions and tank and pump solutions.

Credit Suisse, Deutsche Extend Revolvers for OnDeck

OnDeck extended its existing credit facilities with Credit Suisse and Deutsche Bank on improved terms.

Deutsche Bank Leads $200MM Facility for Aireon

Air traffic surveillance system designer Aireon signed a credit facility agreement for $200 million with a group of several independent investor funds, led by Deutsche Bank.

BofA, Deutsche Bank Provide $50MM DIP Facility to Parker Drilling

Parker Drilling voluntarily filed for Chapter 11 in order to facilitate its restructuring support agreement. Bank of America and Deutsche Bank agreed to provide $50 million in DIP financing to facilitate the restructuring.

Deutsche Bank Closes $650MM Term Loan for Salt Creek Midstream

Deutsche Bank closed a four-year, $650 million term loan for Salt Creek Midstream, a portfolio company owned by funds managed by the Private Equity Group of Ares Management and ARM Energy Holdings.

Deutsche Bank White Paper Calls for Global Regulatory Alignment

A white paper released by Deutsche Bank finds that further global regulatory alignment is needed for technology to be transformational, with any regulatory approach accepting the “new realities” created by emerging solutions.

Scotiabank Leads Phoenix Tower $485MM Term Loan

Phoenix Tower International, a wireless communications infrastructure provider, closed a $485 million senior secured term loan facility to continue its international expansion.

Steinhoff Unit Changes Name, Closes Facility with New Bank Group

The Australian Financial Review reported Steinhoff International’s Australian business has distanced itself from its troubled parent by changing its name to Greenlit Brands and securing new bank funding from ANZ, NAB and Deutsche Bank.