Lear Refinances $2B Facility with JPMC, HSBC, BofA, Barclays & Citi

Auto seating and electrical systems provider Lear entered into a new $2 billion credit agreement to refinance its existing facilities. The lenders included JPMorgan Chase, HSBC, BofA, Barclays and Citibank

Scotiabank Agents $150MM Tahoe Resources Upsize

Tahoe Resources amended its credit agreement with a syndicate of lenders led by the Bank of Nova Scotia, increasing revolving funds to $300 million and adding a $50 million accordion feature.

JPMorgan Agents $725MM Facility for Verint Systems

Verint Systems completed a credit agreement with JPMorgan as administrative agent for $725 million, including a seven-year $425 million term loan and a five-year $300 revolving credit facility.

HSBC Agents New GA Telesis $225MM ABL Credit

Aviation company GA Telesis closed a new five-year, $225 million ABL credit facility led by HSBC Securities USA and Fifth Third Bank as joint lead arrangers and HSBC Bank as administrative agent.

BofA Upsizes Quintiles Facility by $600MM

Quintiles extended, upsized and repriced its term B loans, increasing the facility by around $600 million. Bank of America served as administrative agent.

Credit Suisse Agents New $850MM Facility for Terex

Terex refinanced its existing senior secured credit facility with a new $850 million senior secured credit facility comprised of a $450 million revolving line of credit and a $400 million term loan. Credit Suisse was administrative agent for a syndicate of lenders.

JPMorgan Agents $1.75B Facility for Teleflex

Teleflex refinanced its credit facilities with JPMorgan as administrative agent, providing a $1 billion five-year revolver and a $750 million delayed draw loan to support the company’s acquisition of Vascular Solutions.

Reynolds Group Holdings to Re-Price Existing Credit Suisse-Led Loans

Reynolds Group Holdings is seeking to re-price its existing $3.3 billion and €249 million ($266 million) senior secured term loans. Credit Suisse serves as agent for the current loans.

HSBC Agents $400MM Semtech Facility

Semtech closed a new credit agreement consisting of a senior secured term A loan facility in the amount of $150 million and a senior secured revolving credit facility in the amount of $250 million. HSBC served as administrative agent, swing line lender and L/C issuer.

Deutsche, Merrill, HSBC, BMO Arrange Semiconductor Refi

ON Semiconductor closed the refinancing of its secured debt facilities which included a $200 million upsize to $2.4 billion. Deutsche Bank, Merrill Lynch, HSBC and BMO acted as joint lead arrangers.