Hayfin Capital Management will provide MiMedx with $75 million in debt financing, including a five-year term loan facility in the aggregate principal amount of $50 million and a one-year, delayed draw term loan facility in the aggregate principal amount of $25 million.
An affiliate of H.I.G. Advantage, an investment affiliate of H.I.G. Capital, completed the acquisition of Supply Source Enterprises. Funds affiliated with Ares Management provided financing for the transaction.
J.P. Morgan, Bank of Montreal and Goldman Sachs acted as joint bookrunners and joint lead arrangers on a $200 million term loan B facility of seven years for Neenah.
J.P. Morgan acted as lead arranger, lead bookrunner and administrative agent for a $275 million, six-year senior secured term loan B facility due June 2026 and a $100 million, three-year, ABL revolving credit facility due June 2023 for Douglas Dynamics.
J.P. Morgan arranged an amendment to an $800 million senior unsecured revolving credit facility for Dillard’s. The amended credit facility is secured by inventory of certain subsidiaries.
BNP Paribas, Crédit Agricole, J.P. Morgan and Société Générale provided underwriting commitments in respect of a new $3 billion credit facility for ArcelorMittal.
J.P. Morgan led a syndicate of 37 bank participants in increasing and extending Ares Capital’s revolving credit facility. The facility was increased by $240 million to $3.6 billion and the final maturity date was extended to March 30, 2025.
J.P. Morgan amended CalAmp’s existing $50 million credit facility, extending the maturity of the credit facility by two years. The original facility was entered into on March 30, 2018.
Morgan Stanley, J.P. Morgan, Bank of America, BNP Paribas and Goldman Sachs acted as joint lead arrangers and bookrunners on a $2.2 billion 364-day secured term loan facility for Royal Caribbean Cruises. Morgan Stanley also served as administrative and collateral agent.
J.P. Morgan provided a $10 million asset-based line of credit to Charlotte’s Web Holdings, a producer and distributor of hemp-derived cannabidiol (CBD) products.