A syndicate of banks led by Citigroup Global Markets amended Harsco’s existing senior secured credit facilities. The required levels of the existing total net leverage ratio covenant will be increased through Dec. 31, 2021.
As part of a syndicate of 14 banks, Citigroup served as a joint lead bookrunner and joint lead arranger for a new $280 term loan facility for Harsco Corporation.
Newmark entered into an agreement to amend the terms of its senior revolving credit facility, increasing its size to $425 million and extending the maturity date to February 26, 2023.
Blucora has entered into an agreement to acquire privately-held HK Financial Services (HKFS), a CPA-focused, registered investment advisor.
Retail Opportunity Investments amended its $600 million credit facility, extending the maturity date to February 2024 and reducing the borrowing rate to LIBOR plus 0.9%.
NN has successfully amended its senior credit agreement to, among other things, extend the maturity date of its revolving facility t term loan B, matching the maturity date of NN’s longer-dated term loan B.
CoreSite has extended its debt maturity profile and expanded its credit facility with total borrowing capacity of $1.15 billion, including all arrangements with its syndicate of banks.