Wells, Others Arrange Term Loan for NHI Acquisition
National Health Investors announced it completed acquisition of 25 independent living facilities with cash and $250 million from a new term loan. Wells Fargo, others served as arrangers.
National Health Investors announced it completed acquisition of 25 independent living facilities with cash and $250 million from a new term loan. Wells Fargo, others served as arrangers.
The SEC said it charged Merrill Lynch with making faulty disclosures about collateral selection for two CDOs that it structured and marketed to investors in 2006 and 2007. Merrill agreed to pay $131.8 million to settle the charges.
Rouse Properties announced the closing of a new $510 million corporate credit facility. Key Bank acted as administrative agent.
The owner and operator of Mohegan Sun in Uncasville, CT and Wilkes-Barre, PA announced it engaged RBS Securities, Merrill Lynch and Credit Suisse Securities to arrange $715 million in new credit facilities.
Equinix announced it amended its credit facility, comprised of a $550 million multi-currency revolving credit facility and a $200 million term loan facility. Merrill Lynch, Pierce, Fenner & Smith is lead arranger.
Bank of America announced that it completed the merger of its Merrill Lynch subsidiary into Bank of America Corp.
Navigant amended its credit agreement extending the maturity date of its revolver by more than two years, through September 19, 2018. BofA served as administrative agent and Merrill Lynch served as sole lead arranger.
TriMas announced its refinanced credit facilities will include a $475 million revolver and $175 million Term Loan A facility. J.P. Morgan; Merrill Lynch, Pierce, Fenner & Smith; and Wells are arranging.
Apollo Investment announced an amended credit facility. JPMorgan Chase Bank acted as administrative agent.
Diamond Resorts International announced Diamond Resorts, a wholly owned subsidiary of Diamond Resorts International, closed a senior secured revolving credit facility. Credit Suisse acted as administrative agent.