According to an 8K filed with the SEC, Deutsche Bank, Bank of America, Credit Suisse, Truist Bank, Wells Fargo Bank, Fifth Third Bank, HSBC Bank USA and MUFG Bank upsized Marriott Vacations Worldwide’s warehouse credit facility to $531 million.
As part of a syndicate of 14 banks, Citigroup served as a joint lead bookrunner and joint lead arranger for a new $280 term loan facility for Harsco Corporation.
Fifth Third has rearranged certain senior leadership roles to position the company for continued success in executing its key strategic priorities.
Toll Brothers entered into a five-year $1.905 billion revolving credit facility to replace the company’s existing $1.295 billion revolving credit facility, which was scheduled to mature in May 2021.
Bluegreen Vacations amended its syndicated credit facility led by Fifth Third Bank, which served as Fifth Third, as joint lead arranger, sole bookrunner, administration agent and L/C issuer.
Fifth Third Business Capital acted as sole lender and administrative agent on the funding of a new $21.5 million senior credit facility for Spray Products.
Citibank served as administrative agent on an amendment to KB Home’s revolving credit facility, which increased the borrowing capacity to $800 million and extended the maturity date to October 2023.