INTL FCStone amended its existing $262 million senior secured credit facility, increasing the size of the facility to $350 million. Bank of America Merrill Lynch and Capital One acted as joint lead arrangers on the transaction.
Pharmaceutical manufacturer ANI Pharmaceuticals entered an amended and restated five-year senior secured credit facility for up to $265.2 million with Citizens Bank as administrative agent and lead arranger.
KeyBank acted as administrative agent and issuing lender on a $350 million syndicated credit facility, consisting of a $150 million term loan and a $200 million revolver, for Universal Logistics Holdings.
Penn Virginia acquired Eagle Ford assets located primarily in Lavaca County, TX for $205 million in cash from Devon Energy and $150 million of committed debut under the company’s credit facility administered by Wells Fargo.
Roadrunner Transportation Systems reached an agreement with its lender group on an interim credit-facility amendment, which provides additional working capital loans and a forbearance provision, while working toward a long-term loan amendment.
Huntington Bancshares acquired FirstMerit and is now operating as one company. The acquisition increases Huntington Bank’s assets to approximately $100 billion.
Willis Lease Finance expanded its $700 million revolver by over 40% to $1 billion. MUFG Union Bank served as administrative agent for a syndicate of 13 banks.
Saga Communications closed on a new $100 million credit agreement. JPMorgan Chase Bank served as administrative agent in a syndicate that included Huntington and Citizens Bank.