Fifth Third Forms New Corporate and Investment Banking Structure

Fifth Third Bank formed a new structure within its commercial bank. The new structure is designed to empower the bank to serve clients with a broader array of services, including more complex financial activities and expert investment advice.

October 4, 2024 Corporate and Investment Banking | Fifth Third | Fifth Third Bank | Kevin Khanna | Kevin P. Lavender | New Structure | Structure Brianna Wilson

Bank of America Amends and Extends Cleveland-Cliffs’ ABL Facility

Cleveland-Cliffs amended and extended its asset-based lending credit facility. The amendment extends the maturity date of the facility to June 9, 2028, and transitions the benchmark interest rate from LIBOR to SOFR. BofA Securities served as lead arranger for the ABL facility.

June 12, 2023 Barclays | BMO | Capital One | Cleveland-Cliffs | Credit Suisse | Fifth Third | First Citizens | Goldman Sachs | Huntington | ING | J.P. Morgan | MUFG | New York Community Bank | PNC | RBC | Regions | Truist | U.S. Bank | wells fargo Ian Koplin

Fifth Third Arranges Expansion for Flagship Healthcare Trust’s Revolver

Flagship Healthcare Trust, a Charlotte, NC-based outpatient healthcare real estate investment trust, expanded its syndicated senior revolving credit facility arranged by Fifth Third Bank.

October 24, 2022 Fifth Third | Flagship Healthcare Properties | Flagship Healthcare Trust | J. Brannen Edge III Ian Koplin

ING, PNC, Fifth Third, BofA and BMO Provide $350MM Credit Facility to Green Plains

Green Plains completed a five-year, $350 million senior secured sustainability-linked revolving credit facility to support general corporate and working capital needs of the company. ING Capital, PNC, Fifth Third, Bank of America and BMO Harris Bank served as joint lead arrangers.

March 29, 2022 Ana Carolina Oliveira | Bank of America | BMO Harris Bank | Fifth Third | Green Plains | ING Capital | Patrich Simpkins | PNC | Todd Becker Ian Koplin

JPMorgan Chase Provides $250MM Credit Facility to Huttig Building Products

Huttig Building Products entered into a new $250 million senior credit facility. JPMorgan Chase is the administrative agent, joint bookrunner and joint lead arranger for the facility.

October 1, 2021 Bank of America | BMO Harris | Fifth Third | Huttig Building Products | JPMorgan Chase | Philip Keipp | Regions Bank Phil Neuffer

Fifth Third Acquires Fintech Serving Healthcare Practices

Fifth Third Bancorp entered a definitive agreement to acquire Provide, a digital platform for healthcare practices. The transaction adds digital capabilities addressing the lending and banking needs of retail healthcare providers.

June 23, 2021 Daniel Titcomb | Fifth Third | Fifth Third Bancorp | Fifth Third Bank | Greg Carmichael | James Bachmeier III | Kala Gibson | Provide Ian Koplin

Fifth Third Appoints Leonard CFO

Fifth Third Bancorp appointed Jamie Leonard to the role of CFO, effective immediately. The company also appointed Bob Shaffer chief risk officer to succeed Leonard, and Peg Jula chief human resources officer, succeeding Shaffer.

November 10, 2020 Bob Shaffer | Fifth Third | Greg D. Carmichael | Jamie Leonard | Peg Jula | Richard Stein | Tayfun Tuzun ABF Journal

Bank of Montreal, Fifth Third, Regions Add $41.9MM to Blue Bird’s Revolver

According to an 8K filed with the SEC, Bank of Montreal, Fifth Third and Regions Bank agented an additional $41.9 million of capacity on Blue Bird’s revolving credit facility, bringing the total commitments to $141.9 million.

May 11, 2020 Bank of Montreal | Blue Bird | Fifth Third | Phil Horlock | Regions Bank Phil Neuffer

Fifth Third & Fundation Partner to Launch Speedy SB Loan Process

Fifth Third Bank is partnering with Fundation to launch Fifth Third Fast Capital to make it easier for small business owners to apply for loans and lines of credit.

February 21, 2020 Fifth Third | Fundation nadine

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.

March 8, 2019 Fifth Third | Greg D. Carmichael | MB Financial | Mitch Feiger Amanda Koprowski