Compressco Partners Draws Down $5.5MM on ABL Facility
Compressco Partners drew down $5.5 million on its ABL facility with a lender group led by JPMorgan Chase as administrative agent.
Compressco Partners drew down $5.5 million on its ABL facility with a lender group led by JPMorgan Chase as administrative agent.
TIER announced it closed a revolver secured by six assets and has an initial commitment of $260 million. KeyBanc Capital Markets and J.P. Morgan Securities were the co-lead arrangers and bookrunners.
Cumulus Media announced today it entered into an amended credit agreement consisting of a $2.025 billion term loan and a $200 million revolver. JPMorgan Chase acted as administrative agent.
American Residential Properties announced JPMorgan Chase joined as a lender under the company’s revolver. As a result, the company exercised $40 million of an accordion, increasing the amount to $380 million.
Lithia Motors announced it completed a $1 billion, five-year revolving syndicated facility with 13 institutions — including U.S. Bank, JPMorgan and others — that will expire in December 2018.
Paul Hastings announced it represented J.P. Morgan Securities, RBS Securities, Barclays Bank, Wells Fargo Securities and others in connection with a $300 million facility for Valero Energy.
Myers Industries announced that the company entered into a five-year, $200 million senior secured revolving credit facility with seven lending banks. JPMorgan Chase Bank served as administrative agent.
Photronics announced it entered into a $50 million revolver with its existing lenders. JPMorgan Chase Bank will serve as administrative and collateral agent, with TD Bank and RBS Citizens as syndication agents.
Fiesta Restaurant Group announced it entered into a new senior secured credit facility with a new syndicate of lenders led by Wells Fargo as administrative agent and JPMorgan Chase Bank as syndication agent.
Mettler-Toledo International and certain subsidiaries entered into the amendment agreement with JPMorgan Chase Bank as administrative agent and certain other financial institutions.