wefox, a Berlin-based insurtech company, secured a $55 million credit facility from J.P. Morgan and Barclays alongside a $55 million second close in its Series D financing at a $4.5 billion valuation from existing investors and new investors, including Squarepoint.
Golden West Food Group, a manufacturer and distributor of food products, completed a $475 million refinancing transaction. J.P. Morgan and Wells Fargo were the joint lead arrangers, with J.P. Morgan serving as administrative agent.
Accord to Yahoo News, J.P. Morgan provided a five-year, $800 million credit facility to Legendary Entertainment, a mass media production company best known for producing feature films.
Collectors Holdings closed a $125 million revolving line of credit with a syndicate co-led by J.P. Morgan and KeyBanc Capital Markets, with participation by California Bank & Trust.
Oatly entered into a commitment letter to amend its sustainable revolving credit facility agreement, and a commitment letter documenting a $125 million term loan B credit facility commitment.
Qualtrics, a provider of experience management (XM) software, entered into a definitive agreement to be acquired by Silver Lake, a technology investor, in partnership with Canada Pension Plan Investment Board (CPP Investments), in an all-cash transaction that values Qualtrics at approximately $12.5 billion.
Socure, a provider of digital identity verification and fraud solutions, entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets.
Subway, one of the world’s largest restaurant brands, is exploring a possible sale of the company. There is no indication of timing or assurance that a sale will occur. J.P. Morgan is advising the company and will conduct the sale exploration process.
Fast casual restaurant brand Potbelly closed on a new $25 million senior secured term loan that will mature on Feb. 7, 2028. Sagard, an alternative asset manager, led the term loan.
Converge Technology Solutions, a services-led, software-enabled IT & cloud solutions provider, increased its $500 million global revolving credit facility to $600 million under its accordion feature on its existing credit terms.