Radiant Logistics secured a $200 million syndicated secured revolving credit facility to replace its existing $150 million revolving facility. Concurrent with entering into new secured facility, the company also amended the term loans held by its Canadian lender, Fiera Private Debt Funds IV and V.
Star Group entered into a sixth amended and restated asset-based credit facility, which expires in July 2027 and provides the ability to borrow up to $400 million on a revolving line of credit. JPMorgan Chase Bank is the facility’s administrative agent.
Martinez Steel, an infrastructure construction services company, completed a refinancing with KeyBank. Proceeds will be used to fund continued growth driven by strong infrastructure demand as well as expansion plans.
KeyBank and Beach Point Capital Management, a credit focused investment manager, established a new joint venture middle-market direct lending program with $1.5 billion in lending capacity for U.S. middle-market clients.
Logan Ridge Finance refinanced its entire legacy capital structure, an important milestone and key strategic initiative for the company.
INDUS Realty Trust amended and restated its credit agreement to increase the size to $250 million with the addition of a new $150 million delayed draw term loan. JPMorgan Chase Bank is the administrative agent and Citibank is the syndication agent for the facility.
Mobile Infrastructure, a publicly registered, non-listed company which invests primarily in parking lots and garages in the United States, completed a $75 million revolving credit facility with KeyBank to refinance certain of the company’s current secured loans, as well as new acquisitions.
Espresso Capital closed a $200 million credit facility from KeyBank. A provider of venture debt solutions, Espresso Capital will use the facility to further expand its lending activities to technology and healthcare companies.
Trinity Capital, a specialty lending company that provides debt, including loans and equipment financing, entered into a new $300 million credit facility led by KeyBank as administrative agent and syndication agent.
SmartStop Self Storage exercised $200 million of its accordion under its existing multi-currency credit facility with a syndicate of banks led by KeyBank, Wells Fargo, Citibank and Bank of Montreal. KeyBanc Capital Markets and KeyBank served as joint lead arrangers and administrative agents.