BofA, JPMorgan, Others Provide $50MM Upsize to Newpark Revolver

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.

United Community Bank Adds $15MM to Triangle Capital Facility

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.

First Tennessee Hires SVP, Director of Treasury Management

Somesh Kasibhatla joined First Tennessee Bank as senior vice president and director of treasury management products.

BMO Harris Provides $100MM Revolver to Snap Finance

BMO Harris Bank led a bank syndicate in providing a $100 million revolving credit facility to lease-to-own fintech Snap Finance.

TD Bank, First Tennessee Extend RTI Surgical 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.

BofA Agents Nicholas Financial Amendment

Nicholas Financial entered an amendment to its existing $250 million credit facility, with Bank of America as agent.

BofA Agents America’s Car-Mart Facility Upsize to $200MM

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.

First Tennessee Provides $20MM Revolver for First Bancshares

In conjunction with the repurchase of its CDCI preferred stock, First Bancshares closed a $20 million revolving credit facility with First Tennessee Bank.

AloStar Agents $52.5MM Revolver for Fora Financial

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.

BofA Agents Regional Management Facility Upsize to $538MM

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.