Fifth Third Approved for Merger with MB Financial

Fifth Third Bancorp has received all necessary regulatory approvals for completion of its acquisition of MB Financial as stipulated in the companies’ merger agreement from May 20, 2018.

Fifth Third, MB Financial Merge in Transaction Valued at $4.7B

Fifth Third and MB Financial signed a definitive merger agreement under which MB will merge with Fifth Third in a transaction valued at approximately $4.7 billion.

Wells Fargo Agents $750MM Facility for Fossil

Fossil Group and Fossil Group Europe amended their credit facility with Wells Fargo as administrative agent to include a $325 million revolving credit facility and a $425 million term loan.

Fifth Third Hires Scala as EVP/Head of Payments & Commerce Solutions

Fifth Third has hired Jed Scala as executive vice president and head of Payments and Commerce Solutions, reporting to Tim Spence.

SunTrust Upsizes Aaron’s Facility to $500MM

Aaron’s, a lease to own company, amended its credit facility with SunTrust Bank as administrative agent, increasing the revolving credit facility to $400 and adding a new $100 term loan.

PNC, Fifth Third, Everbank Support Textainer Refi

A subsidiary of Textainer Group refinanced its credit agreement to extend its term loan and lower the rate on its warehouse facility. PNC, Fifth Third and Everbank Commercial Finance have joined the syndicate of lenders.

BofA Agents $600MM Revolver for Varian Medical Systems

Varian Medical Systems terminated its August 27, 2013 credit facility and replaced it with a $600 million revolver with Bank of America as administrative agent.

U.S. Bank Agents The Andersons $800MM Credit Facility

The Andersons entered into a sixth amended loan agreement for a $800 million credit facility with a lender group led by U.S. Bank serving as administrative agent.

Credit Suisse Agents $2.2B Energy Transfer Partners Facility

Energy Transfer Equity entered into a $2.2 billion senior secured term loan agreement with Credit Suisse, Cayman Islands Branch as administrative agent.

JPMorgan Agents $1.75B Facility for Teleflex

Teleflex refinanced its credit facilities with JPMorgan as administrative agent, providing a $1 billion five-year revolver and a $750 million delayed draw loan to support the company’s acquisition of Vascular Solutions.