F.N.B. Corporation completed its merger with Baltimore-based Howard Bancorp on Jan. 22. The customer and branch branding conversion is scheduled to be finalized on Feb. 7.
F.N.B. Corporation and Howard Bancorp signed a definitive merger agreement for FNB to acquire Howard, including its wholly-owned banking subsidiary, Howard Bank, in an all-stock transaction valued at approximately $418 million.
Ampco-Pittsburgh entered into an amended and restated credit agreement consisting of a $100 million, five-year asset-backed revolving line of credit with a $30 million accordion feature. PNC Bank will continue to serve as administrative agent for the credit facility.
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.
DLH Holdings acquired privately-held Social & Scientific Systems of Silver Spring, MD. First National Bank of Pennsylvania agented a new five-year, $95 million facility to support the transaction.
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.
Triangle Capital, a provider of capital to lower middle market companies, received a new commitment of $15 million from United Community Bank to its senior secured credit facility.
Ampco-Pittsburgh closed a new asset-based revolver of up to $100 million with a lender group led by PNC Bank serving as administrative agent.