JPMorgan Appoints Piepszak CFO; Lake Named CEO/Consumer Lending

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

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

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

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

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

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.

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.

JPMorgan Chase Leads $600MM Revolver for New York Power Authority

JPMorgan Chase led the bank syndicate on a $600 million revolving credit facility for the New York Power Authority. The revolver will support issuance of commercial paper notes and established energy-efficiency programs.

JPMorgan Chase Agents $200MM Upsize for Arrow Electronics

JPMorgan Chase acted as administrative agent on a $200 million upsize to Arrow Electronics’ revolving credit facility, bringing the total capacity of the facility to $2 billion.

BofA, JPMorgan Chase Secure $150MM Revolver for Corcentric

Corcentric secured a $200 million senior credit facility, consisting of a $150 million revolver from Bank of America and JPMorgan Chase and a $50 million term loan from TCW Asset Management.