Tag Archives: J.P. Morgan Securities

M&T Bank Acquires People’s United Financial in All-Stock Transaction

M&T Bank and People’s United Financial entered into a definitive agreement under which M&T will acquire People’s United in an all-stock transaction. The implied total transaction value based on closing prices on Feb. 19, 2021, is approximately $7.6 billion.

BofA Provides Debt Financing to Support Nesco Acquisition of CTOS

Nesco entered into a definitive agreement to acquire Custom Truck One Source for a purchase price of $1.475 billion. Bank of America is leading debt financing in support of the transaction.

PNC Agrees to Acquire BBVA USA for $11.6B

The PNC Financial Services Group and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, signed a definitive agreement for PNC to acquire BBVA USA Bancshares, including its U.S. banking subsidiary, BBVA USA, for a purchase price of $11.6 billion.

Bank of America Supports WillScot, Mobile Mini Merger with $2.4B Revolver

According to an 8K filed with the SEC, Bank of America served as administrative and collateral agent on a $2.4 billion asset-based revolving credit facility in connection with the merger of WillScot and Mobile Mini.

BNP Paribas Leads €750MM Facility for Biodiversity-Focused Firm

BNP Paribas, Handelsbanken and Nordea acted as coordinating mandated lead arrangers and bookrunners for a €750 million revolving credit facility for UPM.