Tag Archives: Goldman Sachs Bank

Morgan Stanley Senior Funding Leads $980MM Credit Facility for WOW!

WideOpenWest Finance, a subsidiary of WOW! Internet, Cable and Phone, priced and allocated a new credit facility consisting of a $730 million term loan and a $250 million revolving credit commitment. Morgan Stanley Senior Funding acted as the lead left arranger and joint bookrunner for the transaction.

JPMorgan, Citi, RBC and Truist Expand NMI’s Revolving Credit Facility to $250MM

NMI Holdings amended its senior secured revolving credit facility, increasing the revolving capacity to $250 million and extending the maturity from Feb. 22, 2023, to Nov. 10, 2025. JPMorgan Chase Bank, Citibank, RBC Capital Markets and Truist Securities served as joint lead arrangers.

JPMorgan Chase-Led Syndicate Provides $1.5B Term Loan to AppLovin

AppLovin, a marketing software company, closed a seven-year, $1.5 billion term loan. JPMorgan Chase Bank, BofA Securities, KKR Capital Markets, Citigroup, Credit Suisse Loan Funding, Goldman Sachs Bank, Morgan Stanley Senior Funding and UBS Securities acted as joint lead arrangers for the facility.

CitiGroup & Goldman Sachs Provide Financing to Support Avantor’s Acquisition of Masterflex

Avantor entered into a definitive agreement to acquire the Masterflex bioprocessing business and related assets of Antylia Scientific, a privately held, portfolio company of investment firms GTCR and Golden Gate Capital.

J.P. Morgan Securities, ING Amend U.S. Steel’s $2B ABL to Include Sustainability Targets

J.P. Morgan Securities and ING Capital amended U.S. Steel’s $2 billion asset-based revolving credit facility to include an increase or decrease in the margin payable based on achievement of targets related to carbon reduction, safety performance and facility certification by ResponsibleSteel.

Barclays Bank Agents Refinancing for Signify Health

Signify Health entered into a new credit agreement comprised of a $350 million senior secured first lien term loan due in June 2028 and a $185 million senior secured revolving credit facility due in June 2026. Barclays Bank acted as administrative agent and collateral agent for new credit agreement.

Barclays-Led Syndicate Extends and Upsizes Enviva Partners’ Revolver

Enviva Partners amended and restated its senior secured revolving credit facility. The amendment extends the maturity to April 2026 and increases the facility’s size to $525 million. Barclays is administrative agent and collateral agent on the amended and restated credit facility.