JPMorgan, Morgan Stanley Agent Zebra Technologies $1.7B Refi
Zebra Technologies repriced its $1.7 billion term loan. JPMorgan Chase was administrative agent for the revolver, and Morgan Stanley was agent for the term loan.
Zebra Technologies repriced its $1.7 billion term loan. JPMorgan Chase was administrative agent for the revolver, and Morgan Stanley was agent for the term loan.
Consolidated Communications entered into a $1.5 billion agreement to acquire FairPoint Communications. It secured debt financing from Morgan Stanley Senior Funding, MUFG, TD Securities and Mizuho Bank.
Entercom Radio entered into a new senior secured credit facility consisting of a $480 million term loan and a $60 million revolver. Bank of America served as administrative agent, swing line lender and L/C issuer.
Talen Energy Supply successfully priced a $600 million term loan B facility arranged by Goldman Sachs, RBC Capital, Barclays, Credit Suisse, Deutsche Bank, Morgan Stanley and MUFG acting as joint lead arrangers.
Entercom will refinance its unsecured debt and enter into a secured credit facility led by Bank of America Merrill Lynch, Morgan Stanley Senior Funding, RBC Capital Markets and Wells Fargo Securities.
Consolidated Communications completed a refinance, which included increasing its revolving credit facility to $110 million. Wells Fargo Securities was left lead arranger.
Cotiviti Holdings completed the previously announced $900 million refinancing of its first and second lien term loans and revolving credit facility.
Neustar entered into the third amendment to its credit agreement, extending the maturity date of $200 million facility from 2013 to January 22, 2019. Morgan Stanley acted as administrative agent and lender.
Morgan Stanley Senior Funding agented an amendment to Smart & Final Stores’ term loan, increasing the amount from $594.9 million to $625 million.
Alcoa entered into an amendment to its five-year revolving credit agreement, with Citibank serving as administrative agent and JPMorgan Chase as syndication agent.