Software supplier Ebix announced the expansion of its existing credit facility from $190 million to $240 million. Regions Capital Markets served as lead arranger on the transaction.
Fifth Third announced that Heather Russell Koenig will become its new chief legal officer and corporate secretary reporting to new president, Greg D. Carmichael.
Private aircraft FBO Sheltair obtained a $60 million credit line and a $200 million credit facility from a group of lenders led by SunTrust Bank.
Checkpoint Systems announced it entered into a $200 million revolving credit facility with a syndicate of lenders. Bank of America acted as administrative agent.
Bloomberg reported that Bank of America, Deutsche and others boosted the CME Group’s credit line from $5 billion to $7 billion.
Fifth Third said it has named Frank Forrest as chief risk and credit officer, effective September 2013. Forrest will join Fifth Third from Bank of America.
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.
Fifth Third reported full year 2012 net income of $1.5 billion, or $1.66 per share, up 41% compared to $1.18 per share in 2011 on net income of $1.1 billion.