Goodnight Midstream closed a $105 million syndicated revolver with a bank group led by ABN AMRO. Participants included Texas Capital, East West Bank and Cadence Bank.
Gladstone Investment reduced its credit facility from $185 million to $165 million. KeyBank served as administrative agent for a group of lenders including Alostar Bank of Commerce, M & T Trust, East West Bank, Chemical Bank and Customers Bank.
Fusion, a cloud services provider, has acquired Herndon, VA-based Apptix. The acquisition was financed with a new $70 million senior secured credit facility led by East West Bank.
Westmoreland Coal successfully added East West Bank as a 50% participant in its parent level revolving credit line in place of Bank of the West.
Omeros has entered into an amendment to its existing credit facility with Oxford Finance and East West Bank. The banks will provide an additional $20 million in unrestricted cash by funding the remaining tranches of the existing facility.
DigitalOcean, a cloud computing platform, secured a $130 million credit facility. KeyBanc Capital Markets served as joint lead arranger and joint bookrunner for the transaction.
NTN Buzztime amended its credit agreement with East West Bank, which allows the company to borrow up to an additional $2.0 million sublimit that is not subject to any borrowing base formula.
Fifth Street Senior Floating Rate closed a $25 million senior secured revolving credit facility with East West Bank.