JP Morgan, Goldman Sachs to Arrange $2B Avianca Holdings DIP Financing

Avianca Holdings secured commitments for debtor-in-possession financing totaling more than $2 billion and filed a motion to approve the financing in the U.S. Bankruptcy Court. Goldman Sachs Lending Partners and JPMorgan Chase are serving as co-lead arrangers.

September 22, 2020 Avianca Holdings | Goldman Sachs Lending Partners | JPMorgan Chase Rita Garwood

JPMorgan Chase Agents $750MM Facility for Restructured Whiting Petroleum

Whiting Petroleum completed its financial restructuring and emerged from Chapter 11 protection. According to an 8K, JPMorgan Chase is serving as administrative agent for a $750 million reserve-based revolving credit facility as part of Whiting’s new capital structure.

September 2, 2020 Bank of America | Capital One | JPMorgan Chase | Lynn Peterson | Wells Fargo Securities | Whiting Petroleum Phil Neuffer

GPI Capital and JPMorgan Chase Bank Provide Growth Financing to Pharmpacks

GPI Capital and JPMorgan Chase Bank provided growth financing of up to $100 million to Pharmapacks, an ecommerce enablement platform and retail seller for brands across ecommerce marketplaces.

July 29, 2020 Andrew Vagenas | GPI Capital | JPMorgan Chase | Khai Ha | Pharmapacks Phil Neuffer

JPMorgan Agents Contango Borrowing Base Reduction to $95MM

Contango entered into an amendment to its credit agreement, with JPMorgan Chase as administrative agent, which includes a reduction of its borrowing base to $95.0 million.

June 16, 2020 Contango Oil & Gas | JPMorgan Chase Phil Neuffer

JPMorgan Chase Provides Senior Secured Debt Finance to RS Technologies

RS Technologies entered into a credit agreement with JPMorgan Chase Bank, Toronto Branch, for a five-year term that provides for senior secured debt financing.

April 24, 2020 David Werklund | JPMorgan Chase | RS Technologies | RS Utility Structures | Werklund Growth Fund Phil Neuffer

JPMorgan Chase Agents Refinanced $1.3B ABL Facility for Office Depot

According to an 8K filed with the SEC, JPMorgan Chase served as administrative agent on the refinancing of Office Depot’s existing asset-based credit facility, which now consists of a $1.2 billion revolving credit facility and a $100 million first-in, last-out facility.

April 21, 2020 Bank of America | Citizens Bank | Fifth Third Bank | Gerry Smith | Goldman Sachs Lending Partners | JPMorgan Chase | NYCB Specialty Finance Company | Office Depot | PNC | TD Bank | Truist Bank | U.S. Bank | wells fargo Phil Neuffer

Trade Finance Market to Grow 4% by 2024

The global trade finance market will grow at a CAGR of more than 4% or by $11.25 billion between 2020 and 2024, according to research and advisory company Technavio.

March 16, 2020 Goldman Sachs Group | HSBC | JPMorgan Chase | Morgan Stanley | Technavio | trade finance | wells fargo Phil Neuffer

Jamie Dimon Recovering After Emergency Heart Surgery

The Wall Street Journal reported Chase Chief Executive James Dimon was recovering in a hospital following emergency heart surgery Thursday.

March 6, 2020 Jamie Dimon | JPMorgan Chase nadine

JPMorgan, BofA, Citizens Upsize Kaman Facility to $800MM

Kaman has closed on an amended $800 million credit facility. JPMorgan Chase Bank, Bank of America Securities and Citizens Bank served as joint bookrunners and joint lead arrangers.

December 16, 2019 Bank of America Securities | Citizens Bank | JPMorgan Chase | Kaman nadine

PNC Upsizes Agree Realty Facility to $600MM

Agree Realty amended its revolving credit facility and term loan to increase its senior credit facility to $600 million.

December 10, 2019 Agree Realty | Capital One | Citizens Bank | JPMorgan Chase | PNC Bank | Raymond James Bank | Regions Bank | SunTrust | U.S. Bank nadine