BofA, Others to Provide $5.5MM DIP Facilities to PG&E

Bank of America, JPMorgan Chase Bank, Barclays Bank and Citigroup Global Markets signed a commitment letter to provide $5.5 billion in senior secured super-priority DIP credit facilities to support PG&E through its bankruptcy process.

JPMorgan Chase, BofAML Arrange $145MM Facility for Jam City

JPMorgan Chase Bank acted as sole bookrunner and, alongside Bank of America Merrill Lynch, joint lead arranger on $145 million in strategic financing for mobile game developer Jam City.

Wells Fargo Agents New $25MM Term Loan for Stage Stores

Wells Fargo Bank acted as administrative agent, collateral agent and term loan agent on a new $25 million term loan for Stage Stores, bringing the total availability under the company’s senior secured revolver to $475 million.

JPMorgan Chase Agents $3.65B Revolver for Shopping Network QVC

QVC refinanced its senior secured credit facility, replacing its $2.65 billion bank credit facility with a new $3.65 billion revolver. JPMorgan Chase Bank served as administrative agent on the transaction.

JPMorgan Chase Agents $1.6B Term Loan for Norwegian Cruise Line

Norwegian Cruise Line amended its existing credit facility with JPMorgan Chase Bank as administrative agent, replacing its $1.299 billion term A facility with a new $1.633 billion facility.

JPMorgan Chase Agents Amendment to Anadarko Petroleum Revolver

JPMorgan Chase Bank acted as administrative agent on an amendment to Anadarko Petroleum’s revolving credit agreement.

SEC: JPMorgan Chase to Pay $135MM+ for Improper ADR Handling

The Securities and Exchange Commission announced that JPMorgan Chase Bank will pay more than $135 million to settle charges of improper handling of “pre-released” American Depositary Receipts.

JPMorgan Chase Agents $165MM Revolver for Ethan Allen

JPMorgan Chase Bank acted as both administrative and syndication agent on an amendment to its credit agreement with home furnishings retailer Ethan Allen. The amendment provides a revolving credit line of up to $165 million.

Société Générale Agents $1.25B Revolver for Cheniere Energy

Société Générale acted as administrative agent on a $1.25 billion amended and restated revolving credit agreement for Cheniere Energy, a Houston-based energy company primarily engaged in LNG-related businesses.

JPMorgan Chase Agents $12B Credit Facilities for DowDuPont

JPMorgan Chase Bank acted as administrative agent and lead arranger on $12 billion in credit facilities for DowDuPont and its soon-to-be-spun-off subsidiary Corteva.