Air Canada launched the syndication of a new senior secured term loan B and completed the syndication of a new senior secured revolving facility. JPMorgan Chase, Citi and TD Securities are acting as lead arrangers and active bookrunners for the senior secured credit facilities.
Charles & Colvard entered into a strategic commercial banking relationship with JPMorgan Chase Bank. The relationship includes a $5 million credit facility following the termination of Charles & Colvard’s prior credit facility with White Oak Commercial Finance.
Tenable entered into a credit agreement consisting of a $375 million senior secured term loan facility and a $50 million senior secured revolving credit facility. JPMorgan Chase, Morgan Stanley Senior Funding, Bank of America and Barclays Bank acted as joint lead arrangers and joint bookrunners.
Sonoco, a global packaging company, entered into a five-year, $750 million revolving credit facility with a syndicate of banks, with Bank of America serving as administrative agent.
PLAYSTUDIOS, a developer of free-to-play casual mobile and social games, entered into a $75 million, five-year secured revolving credit facility to support its future growth initiatives. JPMorgan Chase served as the administrative agent for the transaction.
Signify Health entered into a new credit agreement comprised of a $350 million senior secured first lien term loan due in June 2028 and a $185 million senior secured revolving credit facility due in June 2026. Barclays Bank acted as administrative agent and collateral agent for new credit agreement.
Apollo Medical Holdings refinanced its existing term loan and revolving credit facility with a new five-year revolving credit facility of $400 million. Truist Bank served as administrative agent.
Intertape Polymer Group entered into a five-year, $600 million credit facility pursuant to an amendment to its existing credit agreement with a syndicated lending group led by Bank of America as administrative agent.
Douglas Dynamics refinanced its existing $375 million senior secured credit facilities with a new $225 million term loan A facility and a $100 million senior secured revolving credit facility due June 2026. JPMorgan Chase Bank acted as administrative agent for the refinancing.
JPMorgan and Others Expand Dominion Energy’s Credit Facilities, Introduce Sustainability-Linked Pricing
Dominion Energy completed the syndication of sustainability-linked credit facilities totaling $6.9 billion, including a $6 billion master credit facility for which JPMorgan Chase Bank, Mizuho Bank, BofA Securities, The Bank of Nova Scotia and Wells Fargo Securities acted as joint lead arrangers.