JPMorgan Chase and a syndicate of banks arranged a five-year, $180 million term loan and a $70 million revolving credit facility to refinance existing debt for Avid, a media and entertainment technology provider.
Sandeep Sharma joined Wells Fargo Corporate & Investment Banking’s technology, media and telecom group as a managing director. Sharma most recently led coverage of IT services, outsourcing and digital transformation companies at Morgan Stanley.
JPMorgan Chase Bank acted as administrative agent with a syndicate of three relationship banks on the closing of a $150 million senior secured revolving credit facility for global oncology company Novocure.
JPMorgan Chase provided debt financing to Marvell in support of its acquisition of Inphi. J.P. Morgan Securities served as exclusive financial advisor and Hogan Lovells acted as legal advisor to Marvell. Qatalyst served as exclusive financial advisor to Inphi and Pillsbury Winthrop Shaw Pittman served as its legal advisor.
Capital One joined the original group of lenders on Baldwin Risk Partners’ senior revolving credit facility as co-documentation agent. The lender group, led by JPMorgan, amended the facility to increase the committed line to $400 million.
BNP, Banco Santander, Deutsche Bank and JPMorgan provided a €12 billion ($12.96 billion) loan facility agreement to Daimler.
JPMorgan acted as sole bookrunner and lead arranger and will continue to serve as administrative agent and lender for an amended senior revolving credit facility for BRP Group. The amendment increased the committed line under the credit facility to $300 million.
Kimco Realty closed a new $2 billion revolving credit facility with commitments from 21 lending institutions, replacing the company’s existing $2.25 billion unsecured revolving credit facility.
Omnicom Group extended its multiyear revolving credit facility to February 2025. Amounts available for borrowings under the facility are unchanged at $2.5 billion.