Excelerate Energy entered into an amended and restated senior secured credit agreement. Proceeds from the term loan facility are intended to be used for the acquisition of the FSRU Sequoia, which is currently under a bare boat charter with a third party until mid-2025.
Excelerate Energy and Excelerate Energy Limited Partnership entered into a senior secured revolving credit facility. JPMorgan Chase Bank is acting as administrative agent for the facility.
First Financial Bank named Jamie Esch chairman and CEO of First Financial Bank in the Hereford region of Texas. The announcement was made by Ron Butler, chief administrative officer of First Financial Bankshares.
First Financial Bank promoted David Bailey to executive vice president for commercial banking, a newly created position within the bank. The announcement was made by Scott Dueser, chairman, president and CEO of First Financial Bank at the company’s quarterly meeting of presidents.
Truist served as administrative agent on an increase from $705 million to $740 million for the revolving credit facility of Main Street Capital, according to a related 8K filed with the SEC.
Andy Hauck and Cathy Myers joined First Financial Bank as commercial banking executive and consumer banking executive, respectively. They come on board concurrently with the announced retirement of Chief Banking Officer Tony Stollings.
John Ruzicka was elected executive vice president and chief information officer of First Financial Bankshares and chairman, president and CEO of First Technology Services, First Financial’s tech subsidiary.
Main Street Capital expanded the total commitments under its revolving credit facility from $655 million to $680 million. BB&T served as administrative agent for the 17-bank lender group.