TriplePoint Venture Growth BDC increased its revolving credit facility to $265 million from $210 million Deutsche Bank served as administrative agent.
EdgeMarc Energy Holdings and its subsidiaries commenced voluntary Chapter 11 proceedings. KeyBank will provide $108 million in DIP financing to support the company’s Section 363 sales process.
Diversified Gas & Oil has increased its fully underwritten borrowing base to $950 million. KeyBank leads the syndicate of lenders, which expanded from 12 to 14 banks.
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.
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.
Shoe manufacturer and retailer Crocs amended its credit agreement with PNC Bank as administrative agent and KeyBank as syndication agent.
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 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.
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 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.