Citizens, BMO, Others Support Mitel Acquisition of ShoreTel

Citizens Bank served as administrative agent for $300 million in new financing for business communications provider Mitel to acquire ShoreTel.

Citizens Agents $500MM Mitel Facility

Enterprise communications company Mitel closed a $500 million credit facility with a syndicate of banks led by Citizens Bank as administrative agent.

BofA Merrill Commits $1.1B to Support Mitel Acquisition

Mitel has entered into a merger agreement to acquire all outstanding shares of Polycom common stock in a transaction valued at approximately $1.96 billion. BofA Merrill Lynch has committed $1.1 billion to support the transaction.