Truist Agents Increase to Main Street Capital Facility
Truist served as administrative agent on an increase from $705 million to $740 million for the revolving credit facility of Main Street Capital, according to a related 8K filed with the SEC.
Truist served as administrative agent on an increase from $705 million to $740 million for the revolving credit facility of Main Street Capital, according to a related 8K filed with the SEC.
CIT Group’s banking subsidiary, CIT Bank, completed the acquisition of Mutual of Omaha Bank.
The Office of the Comptroller of the Currency (OCC) has provided regulatory approval for the merger of Mutual of Omaha Bank into CIT Group’s banking subsidiary, CIT Bank.
CIT Bank is acquiring Mutual of Omaha Bank for a purchase price of $1 billion.
Capital Southwest expanded its senior secured credit facility from $270 million to $295 million by executing the accordion feature.
Hercules Capital replaced its existing $100 million credit facility with MUFG Union Bank with a new $200 million credit facility, under which City National, Umpqua Bank, Hitachi Capital America and Mutual of Omaha Bank joined MUFG as lenders.
Mutual of Omaha Bank increased Samson Oil’s borrowing base to $20 million with the expectation of a further increase in Q1/17 as part of a new syndicated loan involving another bank.
Nevada Gold & Casinos completed the purchase of Club Fortune Casino. The transaction was financed with an amended and restated reducing revolving credit agreement with Mutual of Omaha Bank.
Samson Oil and Gas finalized a new credit facility with Mutual of Omaha Bank for up to $25 million, with an initial borrowing base of $8 million.
Nevada Gold & Casinos announced a refinancing of its outstanding long-term debt through a $12.7 million revolver with Mutual of Omaha Bank.