Prime Motor Group completed a $687 million refinancing with a syndicate of lenders led by Manufacturers and Traders Trust and SunTrust Bank.
Columbus McKinnon completed its acquisition of STAHL CraneSystems. Debt financing to support the transaction was provided by a lender group led by JPMorgan Chase serving as administrative agent.
Transcat acquired Excalibur Engineering for $7.5 million. Manufactures and Traders Trust provided financing to support the transaction.
PPL announced a financing arrangement with 21 regional / local banks in Pennsylvania to provide a $300 million revolver. PNC Bank and Manufacturers and Traders Trust were lead arrangers.