Accel Entertainment, a distributed gaming operator in the U.S., amended its existing senior secured credit facility to increase its borrowing capacity from $438 million to $900 million with a new five-year term with a syndicated group of banks. Capital One acted as the administrative agent for the facility.
Healthcare Trust of America and its operating partnership, Healthcare Trust of America Holdings, entered into a third amended and restated $1.3 billion revolving credit and term loan agreement. JPMorgan Chase Bank served as the administrative agent for the facility.
Renewable Energy Group extended and increased its line of credit with Wells Fargo Capital Finance, Fifth Third Bank and Bank of America to a maximum of $250 million. The facility was also extended through five years through September 2026.
Fifth Third Bank appointed Michele Mullins the company’s first climate risk officer. The role expands Mullins’ duties as director of enterprise risk governance and business support and reflects the bank’s commitment to environmental sustainability.
Integer Holdings, a medical device outsource manufacturer, raised $1 billion in senior secured credit facilities to refinance its existing debt. Wells Fargo Bank is acting as administrative agent, swingline lender and issuing lender for the facilities.
Rite Aid entered into an amendment to its senior secured credit agreement, which consists of a $2.8 billion senior secured asset-based revolving credit facility and a $350 million first in, last out senior secured term loan. Bank of America will continue to act as administrative agent for the facilities.
Fifth Third Private Bank created a business transition advisory team dedicated to preparing business owners financially and personally for a business transition or liquidity event. Frieda Rakhman, who joined the bank in January with more than two decades of financial experience, will lead the team.
Graybar completed the amendment and extension of its unsecured committed revolving credit facility. The amendment, among other things, extended the company’s five-year, $750 million revolving credit facility.
Stonebriar Commercial Finance extended its $1 billion revolving warehouse credit facility agented by Bank of America to 2025. Mitsubishi UFJ Financial Group (MUFG) joined the facility as a new participating lender.
Fifth Third Bank joined as lender with Capital One as agent and lender, to provide Rimini Street with a $90 million five-year senior secured credit facility. Fifth Third provided $30 million and Capital One provided $60 million.