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.
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.
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.
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.
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.
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.
The Wall Street Journal reported Chase Chief Executive James Dimon was recovering in a hospital following emergency heart surgery Thursday.
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.
Banco Aliado secured a $130 million credit facility from JPMorgan Chase Bank, Banco Latinoamericano de Comercio Exterior (Bladex) and Banistmo.