KeyBank Agents $600MM Cintas Facility
Cintas entered into a $600 million revolving credit facility with KeyBank serving as administrative agent.
Cintas entered into a $600 million revolving credit facility with KeyBank serving as administrative agent.
KeyBank has received regulatory approval from the Office of the Comptroller of the Currency for the merger of First Niagara into KeyBank. KeyCorp acquired First Niagara Bank on August 1, 2016.
The Mohegan Tribal Gaming Authority has engaged Citizens Bank, Merrill Lynch, Credit Suisse Securities (USA) SunTrust Robinson Humphrey, Goldman Sachs Bank, KeyBank and CIT Bank to arrange $1.4 billion of new senior secured credit facilities.
Cintas will acquire G&K Services in deal valued at $2.2 billion including debt. KeyBank and JPMorgan Chase have committed financing in the form of a bridge credit facility.
Global Brass and Copper Holdings retired its senior secured notes and entered into a new $200 million asset-based revolving credit and a $320 million term loan credit facility. JPMorgan served as administrative agent for both facilities.
Software provider Ebix expanded its existing credit facility from $240 milion to $400 million to fund its growth and share repurchase programs.
Regions Bank served as administrative and collateral agent for the transaction.
Vonage Holdings, a provider of cloud communications services for businesses, completed the acquisition of privately-held Nexmo. JPMorgan Chase served as administrative agent for a $450 million credit facility to support the transaction.
Waypoint Leasing closed a $575 million revolving credit facility led by KeyBank’s specialty finance lending unit.
City Capital Ventures acquired a majority stake in Diedrich Roasters, the Idaho-based manufacturer of batch coffee roasting equipment. KeyBank provided a senior term loan and revolving credit facility to support the transaction.
Horizon Technology Finance increased its syndicated revolving credit facility to $95 million, led by KeyBank.