Fifth Third Bank has named Stephanie Smith as its chief inclusion and diversity officer. She will be responsible for developing and executing an ecosystem of inclusion through the enterprise that promotes engagement in all the bank’s stakeholders, including employees, suppliers and customers.
Fifth Third Bancorp Completes Merger with MB Financial
March 25, 2019
Fifth Third Bancorp completed its acquisition of MB Financial. Primary systems and client conversion is expected to occur in early May 2019.
BofA Agents $3.15B Facilities for Drugstore Giant Rite Aid
December 21, 2018
Rite Aid entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility. Bank of America served as both administrative and collateral agent on the facilities.
Smith to Become Chicago COO After Fifth Third, MB Financial Merger
December 11, 2018
Eric S. Smith, Chicago regional president of Fifth Third Bank, will transition to chief operating officer of the region once the bank’s pending merger with MB Financial closes.
Fifth Third Downsizes Limbach Revolver to $22.5MM
December 3, 2018
Fifth Third Bank acted as administrative agent, lender and L/C issuer on an amendment to Limbach Holdings’ revolving credit facility, reducing the lenders’ commitments from $25 million to $22.5 million.
JPMorgan Chase Agents New $750MM Facilities for AmTrust Financial
November 30, 2018
JPMorgan Chase served as administrative agent and issuing bank on a $350 million term loan facility and a $400 million revolving credit facility for AmTrust Financial Services.
Regions Agents $100MM Expansion of Ebix Credit Facility
November 30, 2018
Ebix expanded its existing syndicated credit facility by an additional $100 million. Regions Bank led the banking group and served as both administrative and collateral agent on the transaction.
BofA, US Bank Arrange $100MM Credit Facility for EnviroStar
November 6, 2018
Bank of America and U.S. Bank acted as joint lead arrangers on a new five-year, $100 million syndicated credit facility for EnviroStar. Fifth Third Bank also participated in the facility.
Wells Fargo Agents $650MM Facility for Churchill Downs Casino Recap
November 2, 2018
Churchill Downs agreed to acquire ownership interests in Midwest Gaming Holdings. Following the sale, Wells Fargo will agent a new revolving credit and term loan agreement of up to $650 million for Midwest.
Citibank, Citizens Lead $75MM Facility for MiraMed
August 21, 2018
MiraMed Global Services completed a new five-year, $75 million syndicated senior secured credit facility with Citibank and Citizens served as lead arrangers.
