Bank of America is serving as the administrative agent and lead arranger of a new $3.15 billion asset-based credit agreement for Macy’s. The agreement is part of $4.5 billion in new financing for Macy’s.
Deutsche Bank Direct Lending provided debt financing for the acquisition of Global Marine Group by an investment affiliate of J.F. Lehman & Company.
Laura S. Pruitt has joined Jones Day’ Financial Institutions Litigation & Regulation Practice as a partner in its Washington Office.
JPMorgan Chase served as administrative agent for a $600 million term loan facility for Owens Corning to facilitate its acquisition of Paroc Group, a transaction estimated at €900 million ($1.04 billion).