Citibank Agents Alcoa Borrowing Base Reduction to $3B
Alcoa entered into an amendment to its five-year revolving credit agreement, with Citibank serving as administrative agent and JPMorgan Chase as syndication agent.
Alcoa entered into an amendment to its five-year revolving credit agreement, with Citibank serving as administrative agent and JPMorgan Chase as syndication agent.
Amplify Snack Brands completed the acquisition of Crisps Topco and subsidiaries. The company financed the cash portion of the deal with the proceeds of a $600 million term loan agented by Jefferies.
MACOM Technology Solutions entered into an amendment of its existing credit agreement, securing incremental term loans in an aggregate principal amount of $250 million.
Big Tex Trailers and American Trailer Works completed their merger. Goldman Sachs and Barclays provided debt financing to support the transaction.
Fundation Group, a digitally-enabled lender, obtained a $100 million asset-backed credit facility from Goldman Sachs.
Chesapeake Energy has successfully upsized its term loan to $1.5 billion from a previously announced size of $1 billion. Goldman Sachs Bank USA, Citigroup Global Markets and MUFG served as joint lead arrangers.
Chesapeake Energy engaged Goldman Sachs Bank, Citigroup Global Markets and MUFG to assist with the arrangement of a secured five-year term loan in an aggregate principal amount of $1 billion.
Amplify Snack Brands agreed to acquire Tyrrells, an international “better-for-you” snack food business. Jefferies Finance, Credit Suisse, Credit Suisse (USA) and Goldman Sachs Bank USA have committed to provide debt financing for the transaction.
ESH Hospitality, a subsidiary of Extended Stay America, is seeking to raise a new $350 million revolving credit facility to replace its existing $250 million revolving credit facility and a new $1.3 billion million term loan.
Coveris Group closed an incremental term loan in the aggregate amount of $350 million which will upsize an existing facility. Goldman Sachs, Credit Suisse and J.P. Morgan served as joint lead arrangers.