CoreSite Realty entered into a new $100 million term loan. KeyBank served as administrative agent. KeyBanc Capital Markets, RBC Capital Markets, Regions Capital Markets, and TD Securities served as joint lead arrangers and joint book managers.
Par Pacific completed the refinancing of its existing credit agreement with a new $115 million facility. KeyBanc Capital Markets and Bank of Hawaii acted as joint lead arrangers for the transaction.
Keybanc Capital Markets and J.P. Morgan Securities acted as joint lead arrangers for a new $300 million credit facility for Gibraltar Industries.
Bloomberg reported KeyBanc Capital Markets hired John Cavalaris as managing director in its Corporate Banking group in Chicago. Cavalaris was previously with GE Capital as managing director and team leader.
KeyCorp announced it entered into an agreement to acquire Pacific Crest Securities, a technology focused investment bank and capital markets firm located in Portland, OR.
KeyBanc Capital Markets served as sole bookrunner and lead arranger in a three-year $250 million senior secured revolving credit facility.
TIER announced it closed a revolver secured by six assets and has an initial commitment of $260 million. KeyBanc Capital Markets and J.P. Morgan Securities were the co-lead arrangers and bookrunners.
Town Sports International entered into a $325 million term loan facility and $45 million revolving loan facility. Deutsche Bank and KeyBanc Capital served as joint lead arrangers and bookrunners managers.
The Wall Street Journal reported Retail Opportunity Investments announced that it amended its unsecured revolving credit facility to increase the borrowing capacity from $200 million to $350 million and increase the accordion feature.
Randy Paine has been named president of KeyBanc Capital Markets, the broker/dealer subsidiary and corporate and investment banking platform of KeyCorp. Prior to his appointment, Paine served as the co-head of KeyBanc Capital Markets.