Enviva Partners amended and restated its senior secured revolving credit facility. The amendment extends the maturity to April 2026 and increases the facility’s size to $525 million. Barclays is administrative agent and collateral agent on the amended and restated credit facility.
R.R. Donnelley & Sons completed an amendment to the credit agreement for its senior secured asset-based revolving credit facility. Bank of America, JPMorgan Chase Bank, PNC Bank and Wells Fargo Bank are the joint lead arrangers and joint book runners for the agreement.
American Homes 4 Rent closed a $1.25 billion sustainability-linked revolving credit facility, amending its existing $800 million revolving credit facility. A total of 15 lenders participated in the facility, including Wells Fargo Bank as administrative agent.
General Mills renewed its five-year, $2.7 billion revolving credit facility, which now includes a pricing structure that is tied to environmental impact metrics. BofA Securities is one of the facility’s joint lead arrangers and also is acting as the facility’s sustainability coordinator.
BMO Capital Markets and BofA Securities amended Jones Lang LaSalle’s $2.75 billion bank credit facility with a new five-year term that extends the maturity from May 2023 to April 2026. In addition, the facility includes incentives linked to achieving certain sustainability goals.
Wholly-owned subsidiaries Evoqua Water Technologies entered into a credit agreement with JPMorgan Chase Bank and a receivables financing agreement with PNC Bank.
Yesway, a convenience store chain in the United States, completed the refinancing of its term loan and revolving credit facilities in the amount of $410 million and $125 million, respectively. JPMorgan Chase Bank acted as the lead arranger and lead bookrunner for the facilities.
Carpenter Technology completed a $300 million syndicated credit facility by amending and restating its existing credit agreement. Bank of America and JPMorgan Chase Bank served as the joint lead arrangers for the facility.
JPMorgan Chase Bank, Morgan Stanley Senior Funding, Goldman Sachs, UBS Investment Bank, Bank of America, Barclays and Jefferies are arranging debt financing in support of Clearlake Capital Group’s new equity investment in RSA Security.
Daseke refinanced its existing $484 million term loan B due February 2024 with a new $400 million term loan B and available cash. JPMorgan Chase Bank served as exclusive arranger and sole bookrunner for Daseke in executing this transaction.