JPMorgan Agents $1.8B Arrow Electronics Upsize
Arrow Electronics amended its revolving credit facility, extending its maturity to December 2021 and its capacity to $1.8 billion. JPMorgan Chase Bank served as administrative agent.
Arrow Electronics amended its revolving credit facility, extending its maturity to December 2021 and its capacity to $1.8 billion. JPMorgan Chase Bank served as administrative agent.
Atkore International Group refinanced its existing $642 million in term loan facilities with an amended $500 million new term loan facility. Deutsche Bank served as administrative agent for the bank syndicate.
Tesoro closed a definitive agreement to acquire Western Refining for an enterprise value of $6.4 billion.
Bank of America served as administrative agent for $386 million in debtor-in-possession financing to Performance Sports Group as part of its financial restructuring process.
Altra Industrial Motion entered into an agreement to amend its existing credit facility. JPMorgan Chase served as administrative agent.
Cotiviti Holdings completed the previously announced $900 million refinancing of its first and second lien term loans and revolving credit facility.
Topgolf closed a $175 million term loan and $100 million revolver. JPMorgan Chase served as administrative agent for the transaction.
Halcón Resources completed its financial restructuring and has emerged from Chapter 11. JPMorgan Chase, acting as administrative agent for a bank group, provided a $600 million exit facility.
FIS completed an amendment and restatement of its credit agreement and an amendment of its term loan. JPMorgan served as administrative agent for the credit facility amendment, and Bank of America served as administrative agent for the term loan.
Zebra Technologies repriced its $1.96 billion term loan. Administrative agents included JPMorgan Chase Bank for the revolving facility and Morgan Stanley Senior Funding for the term loan.