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.

KeyBank Upsizes Gladstone Credit Facility to $200MM

Gladstone Investment amended its credit facility led by KeyBank as administrative agent, swingline lender, managing agent and lead arranger.

BofA Agents New $300MM Revolver for TrueBlue

TrueBlue completed a new $300 million revolving credit facility with Bank of America as administrative agent.

Wells Fargo Upsizes Patrick Industries Facility to $900MM

Patrick Industries completed the acquisition of Marine Accessories and expanded the size of its credit facility to $900 million. Wells Fargo served as administrative agent for the credit facility, consisting of a $800 million revolver and a $100 million term loan.

Scotiabank Agents Gulfport Facility Amendment

Gulfport Energy amended its secured revolving credit facility with The Bank of Nova Scotia as administrative agent.

Bank of Texas Upsizes Earthstone Energy Facility to $225MM

Earthstone Energy upsized its senior secured revolving credit facility from $185 million to $225 million and lowered its interest rate by 50 basis points. Bank of Texas served as administrative agent.

Crédit Agricole Closes First U.S. Green Loans

Reuters reported Crédit Agricole backed two U.S. renewal energy developers for a total of $419 million in financing.