Fifth Third Ups Jagged Peak Facility
Jagged Peak amended and restated its two-year credit facility with Fifth Third Bank to increase borrowing capacity for working capital.
Jagged Peak amended and restated its two-year credit facility with Fifth Third Bank to increase borrowing capacity for working capital.
Global Axcess entered into a purchase agreement with FCTI for $10 million. To facilitate the sale, the company voluntarily filed for Chapter 11. Fifth Third agreed to provide $1.5 million in DIP financing.
Alliance Data Systems completed a new $2.285 billion credit facility. Lead agents on the bank facility included Merrill Lynch, Wells Fargo Securities and SunTrust Robinson Humphrey.
Delek Logistics Partners increased its lender commitments under its revolving bank credit facility to $400 million. Fifth Third Bank served as administrative agent.
Appvion said it has entered into a $435 secured facility encompassing a $335 million term loan and a $100 million revolver jointly arranged by Jefferies Finance and Fifth Third Bank.
Triangle Capital amended its $165 million senior secured credit facility jointly arranged by BB&T Capital Markets and Fifth Third Bank. The facility was extended one year to September 2017.
Tempur-Pedic completed the repricing its existing $870 million term B facility, which has been replaced by a new $867.8 million term B facility, with Bank of America serving as administrative agent.
Fifth Third said it has named Maria Veltre as SVP and chief marketing officer. She has held marketing leadership positions at Citibank, JPMorgan Chase and GE Capital.
Multibank Corporation, a service provider for DIRECTV, announced it completed a $30 million senior secured financing with Fifth Third Bank encompassing a $20 million term loan and a $10 million revolver.
CIT arranged and syndicated a $105 million senior secured credit facility for Nashville-based Hospice Compassus, a private independent provider of hospice services across 14 states.