Grindr completed a refinancing via a new $300 million term loan A facility and a $50 million revolving credit facility. The joint lead arrangers of the transaction are J.P. Morgan, Bank of America, Citizens Bank and Silicon Valley Bank, a division of First Citizens Bank.
Fluence Energy, a provider of energy storage products and services and optimization software for renewables and storage, entered into a four-year, $400 million asset-backed lending credit facility. Barclays is serving as administrative agent, joint lead arranger and joint bookrunner for the transaction.
Arevon Energy closed financing on the Vikings solar-plus-storage project with a combination of debt financing and tax credit transfer. The $338 million debt facility was financed with MUFG, BNP Paribas, Sumitomo Mitsui Banking Corporation and First Citizens Bank.
Franklin BSP Realty Trust (FBRT) closed BSPRT 2023-FL10, an approximately $900 million managed commercial real estate collateralized loan obligation. This was FBRT’s 10th CLO completed since June 2017.
Meitheal Pharmaceuticals, a fully integrated generic injectables company based in Chicago, entered into a $35 million senior secured revolving credit agreement with J.P. Morgan.
The Liberty Company Insurance Brokers, a privately held insurance brokerage, completed a $340 million refinancing transaction on July 31. J.P. Morgan is the administrative agent for the facility, which includes a revolving credit facility, term loan and delayed-draw term loan.
Janus International Group, a provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, entered into a series of related transactions to refinance its debt.
According to Deadline, J.P. Morgan delivered a five-year, $1 billion credit facility to Skydance Media, the movie and television production studio behind the Mission: Impossible franchise, which released its latest installment, Mission: Impossible – Dead Reckoning Part One, this week.
Aspen Power, a distributed generation platform with the mission of accelerating and democratizing decarbonization, completed the initial closing on a $70 million credit facility with J.P. Morgan and a $20 million equipment supply loan with First Citizens Bank.
J.P. Morgan appointed John China co-head of innovation economy for commercial banking. Based in San Francisco, China will serve alongside New York-based Melissa Smith, who is continuing her dual role as co-head of innovation economy and head of specialized industries for commercial banking.