Wabtec signed an amended and restated credit agreement that will increase the size of its existing revolving credit facility from $1.2 billion to $1.5 billion and added a $250 million delayed draw term loan facility.
CBRE Group entered into a new five-year revolving credit agreement that increases its revolving credit facility to $3.5 billion from $3.15 billion.
Concrete Pumping Holdings amended its existing ABL credit agreement to provide up to $160 million (previously $125 million) of commitments. The $35 million in incremental commitments was provided by JPMorgan Chase Bank.
MISTRAS Group entered into a new credit facility with a syndication of banks, led by JPMorgan Chase Bank and with Bank of America continuing as syndication agent.
Ryerson Holding increased its existing asset-based revolving credit facility to increase the aggregate commitments to $1.3 billion. Bank of America served as administrative agent.
Waldencast Acquisition entered into a credit agreement that features $225 million in term loan and revolving credit facilities. JPMorgan Chase Bank is the administrative agent.
Stepan Company entered into credit agreement providing for a five-year committed $350 million multi-currency revolving credit facility and a $100 million delayed draw term loan facility. JPMorgan Chase Bank and BofA Securities acted as joint lead arrangers.
Lucid Group entered into a credit agreement on June 9 with a syndicate of banks providing a secured asset-based revolving credit facility with an initial committed amount of up to $1 billion. Bank of America is the administrative agent and swingline lender.
DHI Group signed an amended and restated credit agreement increasing the size from a $90 million revolving credit facility to a $100 million revolving credit facility, with an accordion feature for an additional $50 million.
Archaea Energy obtained binding commitments from five financial institutions to amend its revolving credit and term loan agreement to, among other things, increase aggregate total commitments by approximately $450 million to a total of at least $920 million.