Phoenix Tower International amended and restated its senior credit facilities to consolidate and expand them into a single $2 billion senior secured multi facility transaction covering all of North and South America.
Hilton Grand Vacations refinanced and increased the capacity under its existing revolving facility from $800 million to $1 billion. Bank of America will remain the administrative agent for the new revolving credit facility.
Vesey Street Capital Partners completed a recapitalization of Safecor Health, a provider of pharmaceutical unit dose packaging services for hospitals and health systems. JPMorgan Chase Bank provided debt financing to support the transaction.
Dillard’s amended and extended its $800 million senior secured revolving credit facility consistent with the company’s liquidity needs. A $200 million expansion option remains in place. JPMorgan Chase Bank arranged the credit facility.
Concurrent with its acquisition of CRH Medical, WELL Health Technologies entered into an amended senior secured credit arrangement with up to $300 million of available credit. JPMorgan, CIBC and HSBC Bank Canada led the syndicate of lenders providing the facility.
USA Technologies entered into a new credit agreement with JP Morgan Chase for a $5 million secured revolving credit facility and a $15 million secured term facility, which includes an uncommitted expansion feature that allows USAT to increase the credit facility by up to $5 million.
JP Morgan Chase Bank acted as sole lead arranger and bookrunner on a $75 million incremental term loan B facility for GreenSky, a financial technology company. GreenSky will use the proceeds for general corporate purposes and to enhance its overall liquidity position.
According to an 8K filed with the SEC, Citibank served as administrative agent on a two-year, $6 million term loan for Honeywell. Citibank, Bank of America, JP Morgan Chase Bank and Wells Fargo served as syndications agents.
Hawkins closed on an amended and restated credit agreement in the form of a $150 million senior secured revolving credit facility. U.S. Bank served as administrative agent, sole lead arranger and sole book runner on the transaction.