Newpark Resources amended and extended its outstanding credit agreement, increasing its asset-based revolving loan from $150 million to $200 million and reducing applicable borrowing rates.
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.
TD Bank and First Tennessee Bank extended RTI Surgical’s credit facility through 2019. RTI is paying down a portion of its term loan with funds from the divestiture of its cardiothoracic closure business.
A group of lenders led by Bank of America increased America’s Car Mart credit facility from $171.2 million to $200 million and extended the maturity date to December 12, 2019.
In conjunction with the repurchase of its CDCI preferred stock, First Bancshares closed a $20 million revolving credit facility with First Tennessee Bank.
Fora Financial closed a $52.5 million senior revolving credit facility with a bank group led by AloStar Capital Financing serving as sole lead arranger and administrative agent.
Regional Management said it has amended its senior revolver receiving an increase to $538 million from its previous amount of $500 million. Bank of America serves as administrative agent for a syndicate of lenders.