Wells Fargo Upsizes Pool Corporation Facility to $750MM
Pool Corporation amended its existing senior credit facility, increasing the borrowing capacity to $750 million from $465 million. Wells Fargo was administrative agent and joint lead arranger.
Pool Corporation amended its existing senior credit facility, increasing the borrowing capacity to $750 million from $465 million. Wells Fargo was administrative agent and joint lead arranger.
Alaskan telecommunications company GCI refinanced its $245.8 million term loan B and added a $215 million term loan A and $200 million revolver to its credit facility.
AeroCentury’s revolving credit facility agented by MUFG Union Bank was expanded to $170 million from $150 million.
Envestnet entered into a second amended and restated credit agreement for up to $350 million opportunities to increase commitments by $55 million with Bank of Montreal as administrative agent.
PRA Group expanded its North American credit facility to $1.2 billion, consisting of a $450 million term loan and a $755 million revolver. Bank of America was administrative agent for the transaction.
MUFG Union Bank expanded its Small Business Administration Lending with the addition of new vice presidents Craig Cornwell, Billy Szeto, Jeff Theiler and Sam Vichattu.
NuVasive, a medical device company focused on transforming spine surgery, expanded its revolving line of credit from $150 million to $500 million. Bank of America was administrative agent for the transaction.
WageWorks entered into an amendment to its credit agreement which provides for a $400 million revolving credit facility, with a $15 million L/C sub-facility from a lender group led by MUFG Union Bank as administrative agent.
Roadrunner Transportation Systems reached an agreement with its lender group on an interim credit-facility amendment, which provides additional working capital loans and a forbearance provision, while working toward a long-term loan amendment.
Hawaiian Telcom entered into a credit agreement that provides for up to $330 million. CoBank served as administrative agent.