Kemper completed a new term loan credit agreement with an aggregate principal amount of up to $50 million and a $100 million increase of its revolving credit borrowing capacity to $400 million.
JPMorgan Supports Murphy Oil Gulf of Mexico Acquisition
June 7, 2019
Murphy Exploration & Production has closed the strategic deep water Gulf of Mexico acquisition from LLOG Exploration Offshore and LLOG Bluewater Holdings. JPMorgan agented a new $500 million term loan to support the transaction.
Citibank Agents $1.5M Short Term Loan for Boeing
May 1, 2019
Boeing secured a $1.5 billion credit line as a financial precaution while the company’s 737 Max sales remain on hold.
Wells Fargo Upsizes OSI Systems Credit Facility to $535MM
April 24, 2019
OSI Systems amended its senior secured credit facility, increasing the amount available to $535 million. Wells Fargo served as administrative agent.
JPMorgan Appoints Piepszak CFO; Lake Named CEO/Consumer Lending
April 18, 2019
Jennifer Piepszak has been named CFO of JPMorgan Chase, succeeding Marianne Lake, who will become chief executive officer of Consumer Lending.
JPMorgan Chase Extends Line of Credit for WhistlePig Rye Whiskey
April 11, 2019
WhistlePig, a distiller of ultra-premium and luxury rye whiskey, has received a $55 million revolving line of credit from JPMorgan Chase, extending the existing $40 million line with JPMorgan Chase, which was received in April 2018. The credit facility will provide the company with incremental funding to accelerate the production and aging of premium rye whiskey.
JPMorgan Chase Agents $125MM ABL Facility for CSS Industries
March 8, 2019
CSS Industries entered into a new $125 million asset-based senior secured credit facility with JPMorgan Chase Bank acting as administrative agent. Bank of America and KeyBank also participated in the facility.
JPMorgan Chase Amends InfuSystem Facility
February 13, 2019
InfuSystem Holdings, a national provider of infusion pumps and related services for the healthcare industry in the U.S. and Canada, amended its existing credit facility with JPMorgan Chase Bank.
J.P. Morgan: Healthcare Industry Grapples with Change as Optimism Wanes
February 12, 2019
U.S. healthcare organizations stayed positive on the national economy, with 71% reporting optimism, yet industry performance optimism waned at 41% amid major industry changes, according to J.P. Morgan’s Healthcare Industry Outlook survey.
Walter Shipley, Former Chase CEO, Architect of Mega-Mergers, Passes Away
January 14, 2019
On Friday, Walter V. Shipley, the former chairman and CEO of Chase Manhattan Bank and an influential architect of bank mega-mergers in the 1980s and 90s, passed away. He was 83 years old.
