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.
J.P. Morgan, RBC Capital Markets and SunTrust Robinson Humphrey served as joint lead arrangers on an amendment to NMI Holdings senior secured revolving credit facility, which increased the revolving capacity to $100 million.
J.P. Morgan has expanded its Commercial Banking business with senior appointments to the Corporate Client Banking & Specialized Industries (CCBSI) team in Japan. Shotaro Akita has been hired to lead the team.
Michael Nagin joined J.P. Morgan’s Real Estate Banking (REB) group within Commercial Banking as executive director, covering Greater Los Angeles.
J.P. Morgan is expanding its Corporate Client Banking and Specialized Industries’ Specialty Finance Group within Commercial Banking in strategic markets across the U.S. with key hires.
Ivo Voynov has joined J.P. Morgan’s Corporate Client Banking and Specialized Industries (CCBSI) business within Commercial Banking, as an executive director for the Northeast group.
International Game Technology has amended and extended its multicurrency revolving credit facilities and amended its term loan facility. Royal Bank of Scotland served as administrative agent.
Callon Petroleum will acquire Carrizo in an all-stock transaction valued at $3.2 billion. J.P. Morgan and Bank of America Merrill Lynch provided underwritten financing to Callon to support the transaction