Energy Transfer Equity entered into a $2.2 billion senior secured term loan agreement with Credit Suisse, Cayman Islands Branch as administrative agent.
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.
Blue Bird, an independent designer and manufacturer of school buses, refinanced its $160 million term loan and $75 million revolving line of credit. Bank of Montreal served as administrative agent and issuing bank.
Bank of America served as administrative agent for $386 million in debtor-in-possession financing to Performance Sports Group as part of its financial restructuring process.
BuckleySandler appointed Heather Russell as a partner to lead the Financial Institutions Regulation, Supervision & Technology practice. She was formerly with Fifth Third, BNY Mellon and Bank of America.
Hill-Rom Holdings entered into an amended credit agreement with JPMorgan Chase as administrative agent for a new $1.4625 billion term loan A facility and a $700 million senior secured revolving credit facility.
AMG Advanced Metallurgical Group closed a new facility, increasing its borrowing ceiling from $320 million to $400 million. The maturity has been extended from May 2018 to July 2021. HSBC coordinated the financing.
EarthLink Holdings refinanced its $135 million revolver with a lender group led by Regions Bank as administrative agent. Regions and Fifth Third served as join lead arrangers.
Software provider Ebix expanded its existing credit facility from $240 milion to $400 million to fund its growth and share repurchase programs.
Regions Bank served as administrative and collateral agent for the transaction.