ING, SunTrust, Others Arrange New Vivint Solar $313MM Facility
Vivint Solar closed a $313 million term loan facility, arranged by Investec Bank, ING Capital, Silicon Valley Bank and SunTrust Robinson Humphrey as joint bookrunners.
Vivint Solar closed a $313 million term loan facility, arranged by Investec Bank, ING Capital, Silicon Valley Bank and SunTrust Robinson Humphrey as joint bookrunners.
Adient Global closed a $1.5 billion term loan A and a $1.5 billion revolving credit facility. The net proceeds are intended to be used to make approximately $3 billion in cash tranfers to Johnson Controls in connection with its spin-off.
BroadStreet Partners added $195 million to its bank facility for a total $445 million. Royal Bank of Canada served as administrative agent and lead arranger for the transaction.
Hibernia Networks, a provider of global, high speed telecommunications solutions, completed a $165 million senior secured credit facility with a new lender group led by MUFG.
Altius Minerals completed agreements with a syndicate of lenders for new credit facilities of C$150 million ($117 million). The Bank of Nova Scotia served as lead arranger and administrative agent.
Corporate Capital Trust increased its senior secured facility to $893 million from $710 million. JPMorgan Chase served as administrative agent for the transaction.
NTE Energy closed on $387 million of project financing for the construction and operation of its Kings Mountain Energy Center. ING Capital and MUFG Union served as coordinating lead arrangers on the deal.
Cheniere Energy Partners has closed on the previously announced approximately $2.8 billion of senior secured credit facilities. Bank of America and JPMorgan Chase are among 16 banks that provided the facility.
Monroe Capital has amended and extended its syndicated credit facility led by ING Capital, which includes a reduction in pricing and an increase in commitments to $160 million from $135 million.
Alaska Communications entered into $100 million of senior secured financing, including a $10 million revolver. Some proceeds were used to refinance its existing $80 million term loan.