Citigroup, J.P. Morgan, Others Arrange Digital Realty $3.3B Refi
Digital Realty, a global provider of data center, colocation and interconnection solutions, has completed the refinancing of its global credit facilities, totaling $3.3 billion.
Digital Realty, a global provider of data center, colocation and interconnection solutions, has completed the refinancing of its global credit facilities, totaling $3.3 billion.
The Container Store entered into a fifth amendment on its credit facility, dated April 6, 2012, with JPMorgan Chase Bank. Among other things, the amendment extends the maturity date of the term loan to September 14, 2012.
National retailer Conn’s amended its $650 million asset-based revolving credit facility with Bank of America as administrative agent.
Multi-metals business Nyrstar refinanced its existing €500 million ($592.38 million) multi-currency structured commodity trade finance facility due to expire in June 2019 with a one year runoff period starting in June 2018.
Sasol, a South African chemicals and energy company, increased its existing revolving credit facility from $1.5 billion to $3.9 billion.
Ingevity acquired Georgia-Pacific’s pine chemicals business for a cash purchase price of $315 million. Wells Fargo served as administrative agent for a $925 million credit facility to support the purchase.
Iron Mountain closed the amendment and restatement of its existing revolving credit facility of $1.75 billion and its existing $250 million term loan A with a syndicate of 24 banks. JPMorgan served as administrative agent for the transaction.
Emmis Communications amended its credit facility with Bank of New York Mellon succeeding JPMorgan as administrative agent.
Western Digital has successfully repriced €881 million ($952 million) of new Euro-denominated term B-2 loans. JPMorgan served as administrative agent for the transaction.
LPL Holdings refinanced its senior secured credit facilities with a new term loan B totaling $1.7 billion and a $500 million, five-year credit facility. JPMorgan Chase served as administrative agent.