Avis Budget Group obtained a waiver of the leverage covenant included in its existing senior credit facilities until June 30, 2021. According to a related 8K filed with SEC, J.P. Morgan Chase Bank is the administrative agent for the facilities.
J.P. Morgan Chase Bank amended the credit facility of Farmer Bros., allowing the company to increase flexibility in funding future capital improvements and execute on strategic projects.
The Toro Company agreed to acquire The Charles Machine Works, the parent company of Ditch Witch. Bank of America Merrill Lynch and J.P. Morgan Chase Bank provided committed debt financing to Toro for 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.
On June 24, 2014, DaVita HealthCare Partners entered into a $5.5 billion senior secured credit agreement. JPMorgan Chase Bank acted as administrative agent and collateral agent, according to an SEC filing.