J.P. Morgan Securities, Credit Suisse and HSBC Securities provided $1.825 billion in debt financing for Rent-a-Center’s recent acquisition of Acima, a provider of virtual lease-to-own solutions.
FTI Consulting amended and restated its $550 million revolver. Bank of America Merrill Lynch, JPMorgan Chase Bank and HSBC Securities acted as joint lead arrangers on the transaction.
Microchip Technology completed its acquisition of Microsemi in a deal valued at $10.3 billion. JPMorgan agented an amendment to the company’s credit facility that provided a revolving loan of approximately $3.8 billion and a $3 billion term loan.
Microchip Technology amended its credit facility dated June 27, 2013 with JPMorgan Chase Bank. The amended facility provides for a revolving loan of approximately $3.8 billion.
Nu Skin Enterprises closed a $400 million term loan facility and a $350 million revolving credit facility with Bank of America as administrative agent.
W. R. Grace completed the $416 million acquisition of the Polyolefin Catalysts business of Albemarle Corporation. To support the purchase, Goldman Sachs served as administrative agent for a seven-year, $950 million term loan and a five-year, $400 million revolving credit facility.
SK Capital signed an agreement to acquire the fire safety and oil additives businesses of Israel Chemicals for approximately $1 billion. Barclays, Goldman Sachs and HSBC Securities will provide debt financing to support the transaction.