Tag Archives: JPMorgan Chase Bank

Syndicate of Lenders Upsize and Extend Maturity of Park Hotels & Resorts’ Credit Facility to $950MM

Park Hotels & Resorts amended and restated its existing $901 million revolving credit facility to increase total capacity to $950 million, extend the maturity from December 2023 to December 2026, and release all collateral securing the credit.

JPMorgan Chase Leads Syndicate Amending $70MM Credit facility for Avid

Avid, a technology provider that powers the media and entertainment industry, entered into an amended secured credit facility with JPMorgan Chase Bank and a syndicate of banks, including $186.7 million in senior secured term loans and a $120 million unfunded revolving line of credit.

RBC Capital Markets Leads Syndicate Providing $200MM in Financing to Itafos

Itafos entered into credit facilities with a syndicate of lenders led by RBC Capital Markets, pursuant to which the lenders have advanced an $85 million term loan to the company and made available a $35 million letter of credit facility and an $80 million asset-based revolving credit facility.