KeyBank Provides $28MM DIP Financing to Support Z Gallerie

Home décor retailer Z Gallerie filed voluntary petitions to restructure under Chapter 11. The company’s existing secured lender, KeyBank, will provide it with a $28MM DIP facility to support it through the bankruptcy process.

JPMorgan Chase Agents $125MM ABL Facility for CSS Industries

CSS Industries entered into a new $125 million asset-based senior secured credit facility with JPMorgan Chase Bank acting as administrative agent. Bank of America and KeyBank also participated in the facility.

Crocs Receives $50MM Upsize from PNC, KeyBank

Shoe manufacturer and retailer Crocs amended its credit agreement with PNC Bank as administrative agent and KeyBank as syndication agent.

Quon Joins Keybank ABL Division as Sr. Business Development Exec

David Quon joined KeyBank Business Capital, the asset-based lending arm KeyCorp, as a senior business development executive. Quon will be based in Chicago and report to Paul Cronin, head of KeyBank Business Capital.

JPMorgan Chase Agents New $750MM Facilities for AmTrust Financial

JPMorgan Chase served as administrative agent and issuing bank on a $350 million term loan facility and a $400 million revolving credit facility for AmTrust Financial Services.

Regions Agents $100MM Expansion of Ebix Credit Facility

Ebix expanded its existing syndicated credit facility by an additional $100 million. Regions Bank led the banking group and served as both administrative and collateral agent on the transaction.

KeyBank Provides $350MM Facility to Universal Logistics

KeyBank acted as administrative agent and issuing lender on a $350 million syndicated credit facility, consisting of a $150 million term loan and a $200 million revolver, for Universal Logistics Holdings.

KeyBank, PNC Support Greenbacker Solar Energy Project

KeyBank and PNC provided financing to Greenbacker Renewable Energy to support the completion of the company’s 20MWac Midway III solar PV project.

KeyBank Provides $65MM Revolver to GridLiance

GridLiance High Plains, an independent transmission company and subsidiary of GridLiance Holdco, closed on a $65 million revolving credit facility with KeyBank.

KeyBank Provides $350MM Facility for Timken

The Timken Company amended its credit facility to include a $350 million term loan facility to support its upcoming acquisition of Rollon Group. KeyBank served as administrative agent for the transaction.