Barclays-Led Syndicate Completes Issuance of $800MM Term Loan B to Brazos Midstream

Brazos Midstream and its subsidiary, Brazos Delaware II, completed the issuance of a $800 million senior secured Term Loan B due February 2030. The company used the net proceeds from the Term loan, along with excess balance sheet cash, to repay its existing $830 million term loan B due May 2025.

February 10, 2023 Bank of Oklahoma Securities | Brad Iles | Brazos Midstream | Cadence Bank | Jefferies Finance Ian Koplin

JPMorgan Chase Upsizes Franchise Group’s Term Loan

Franchise Group, an owner and operator of franchised businesses, upsized its existing first lien term loan of $300 million. JPMorgan Chase Bank acted as lead left arranger for the financing.

February 6, 2023 Franchise Group | Jefferies Finance | JPMorgan Chase | UBS Investment Bank Ian Koplin

BofA-Led Syndicate Refinances CCC Intelligent Solutions’ Senior Secured Credit Facility

CCC Intelligent Solutions completed the refinancing of its existing secured credit facility with a new credit agreement. Bank of America, JPMorgan Chase, Goldman Sachs, Citigroup, Barclays, Credit Suisse, Jefferies Finance and Morgan Stanley acted as joint lead arrangers and joint bookrunners for the facility.

September 24, 2021 Bank of America | Barclays | Brian Herb | CCC Intelligent Solutions | Citigroup | Credit Suisse | Goldman Sachs | Jefferies Finance | JPMorgan Chase Bank | Morgan Stanley Ian Koplin

Jefferies Credit Partners Adds Byrne and Gordon to Expand Asset Management Capital Raising Efforts

Jefferies Credit Partners expanded its capital formation capabilities and its investor relations team with the addition of two senior hires, naming Charles Byrne the global head of sales and capital formation and Andrew Gordon the head of strategic accounts.

April 30, 2021 Andrew Gordon | Charles Byrne | Jefferies Credit Partners | Jefferies Finance | Tom Brady Ian Koplin

KeyBank, Jefferies Provide $425MM in Credit Facilities to PetIQ

According to an 8K filed with the SEC, KeyBank is the administrative and collateral agent for a $125 million asset-based revolving line of credit and Jefferies Finance is the administrative and collateral agent for a $300 million term loan for PetIQ.

April 20, 2021 Jefferies Finance | John Newland | KeyBank | PetIQ Ian Koplin

Jefferies Finance Agents Repricing of Sotera Health’s First Lien Term Loan

According to an 8K filed with the SEC, Jefferies Finance is serving as first lien administrative agent and first lien collateral agent for the repricing of Sotera Health’s first lien term loan facility. The changes to the facility will result in an effective reduction in current interest rates of 2.25%.

January 21, 2021 Jefferies Finance | Scott J. Leffler | Sotera Health Phil Neuffer

J.Jill Enters Transaction Support Agreement for Financial Restructuring

J.Jill entered into a transaction support agreement with lenders holding more than 70% of the company’s term loans on the principal terms of a financial restructuring that would result in a waiver of any past non-compliance with the terms of the company’s credit facilities. 

September 2, 2020 AlixPartners | Centerview Partners | CIT Finance | J. Jill | Jefferies Finance | Kirkland & Ellis Phil Neuffer

CIT, Jefferies Allow Additional Forbearance Extension for J.Jill Facilities

According to an 8K filed with the SEC, CIT Finance and Jefferies Finance agreed to a further amendment to J.Jill’s forbearance agreement dated June 15, 2020, which extends the forbearance period by five days through Sept. 1.

August 28, 2020 CIT Finance | J. Jill | Jefferies Finance Phil Neuffer

CIT, Jefferies Finance Further Extend Forbearance Period for J.Jill Facilities

According to an 8K filed with the SEC, CIT Finance and Jefferies Finance approved an extension to the existing forbearance agreements on J.Jill’s ABL and term loan credit facilities. The forbearance period was extended from July 23 to July 30.

July 23, 2020 CIT Finance | J. Jill | Jefferies Finance Phil Neuffer

CIT, Jefferies Extend Forbearance Agreements on J.Jill’s Credit Facilities

According to an 8K filed with the SEC, J.Jill J.Jill and its lenders amended the company’s existing forbearance agreements on facilities for which CIT Finance and Jefferies Finance are serving as administrative agents.

July 17, 2020 CIT Finance | J. Jill | Jefferies Finance | Jim Scully Phil Neuffer