One Liberty Properties entered into an amendment to its $100 million credit facility which extends the facility through Dec. 2026, increasing the amount available to be borrowed for renovation and operating expense purposes.
Approved Oil of Brooklyn entered an amended and restated asset-based credit facility, which provides the borrower under the credit facility the ability to borrow up to $160 million on a revolving line of credit for working capital purposes.
Hersha Hospitality Trust closed on the refinancing of a $500 million senior secured credit facility and the closing of the first tranche of six of the previously announced disposition of seven non-core Urban Select Service properties.
WideOpenWest Finance, a subsidiary of WOW! Internet, Cable and Phone, priced and allocated a new credit facility consisting of a $730 million term loan and a $250 million revolving credit commitment. Morgan Stanley Senior Funding acted as the lead left arranger and joint bookrunner for the transaction.
Wells Fargo, Manufacturers and Traders Trust Company and Merrill Lynch, Pierce, Fenner & Smith Incorporated served as co-lead arrangers and joint bookrunners on the amendment and extension of credit facilities for Greenpac Mill, a subsidiary of Cascades.
According to an 8K filled with the SEC, Manufacturers and Traders Trust Company served as administrative agent on an amendment to Integer Holdings’ senior secured credit facility. The amendment was completed as a precautionary step during the COVID-19 pandemic.