Teleflex refinanced its credit facilities with JPMorgan as administrative agent, providing a $1 billion five-year revolver and a $750 million delayed draw loan to support the company’s acquisition of Vascular Solutions.
Black Hills upsized its revolving credit facility to $750 million from $500 million with a bank group led by U.S. Bank as administrative agent. The company also closed on a $500 million term loan with a lender group led by JPMorgan Chase as agent.
White Star Petroleum closed on the acquisition of shale assets from Devon Energy for $200 million. MUFG Union Bank served as administrative agent for a lender group that provided $210 million of term financing to support the deal.
Software provider Ebix expanded its existing credit facility from $240 milion to $400 million to fund its growth and share repurchase programs.
Regions Bank served as administrative and collateral agent for the transaction.
Vonage Holdings, a provider of cloud communications services for businesses, completed the acquisition of privately-held Nexmo. JPMorgan Chase served as administrative agent for a $450 million credit facility to support the transaction.
Horizon Technology Finance increased its syndicated revolving credit facility to $95 million, led by KeyBank.
Willis Lease Finance expanded its $700 million revolver by over 40% to $1 billion. MUFG Union Bank served as administrative agent for a syndicate of 13 banks.
Memorial Production Partners amended its revolving credit facility with Wells Fargo as agent and completed a semi-annual redetermination, resulting in a revised borrowing base of $925 million.
Chesapeake Energy amended its $4 billion secured credit facility with a bank syndicate group led by MUFG Union Bank serving as administrative agent. Wells Fargo Securities served as joint lead arranger.
McGrath RentCorp renewed its $420 million credit facility with a syndicate of banks led by Bank of America as administrative agent.