Adam Kerbis joined Northern Trust as a senior vice president and banking relationship advisor on the firm’s commercial banking team based in Chicago. Kerbis has more than 10 years of experience as a commercial banker with an emphasis on working with companies in the beverage industry.
Calvitto Succeeds Mak as Leader of Asset Servicing Business in Asia-Pacific Region for Northern Trust
Northern Trust chose Angelo Calvitto to lead its asset servicing business across the Asia-Pacific region. Calvitto, who was most recently country head for Northern Trust in Australia, will succeed William Mak, who is retiring from the company after 11 years.
TTEC Holdings, a customer experience software firm, amended its credit facility by exercising its accordion feature to increase the total commitments by $300 million to $1.2 billion. Incremental commitments were provided by a syndicate of banks arranged by Wells Fargo.
Northern Trust added Justin Miller and Chris Dulieu as relationship management and client service leaders to its Middle East and Africa executive team to support business growth and expand local service and solutions expertise.
Northern Trust appointed Shana Hayes director of community affairs, which is responsible for the company’s philanthropic strategy globally. Hayes will report to chief marketing and communications officer Kelly Mannard.
Northern Trust appointed Mike Mahoney as a transition manager for Europe, Middle East and Africa, expanding its overall management team and investment in its capital markets business.
United Leasing & Finance closed a $350 million, multi-year senior secured revolving credit facility with an accordion expansion to $475 million with Bank of America as agent.
Kirby, a Houston-based tank barge operator, increased its existing credit agreement from $550 million to $850 million and extended the maturity date to June 26, 2022. JPMorgan was administrative agent for the transaction.
First Mid-Illinois Bancshares amended its credit agreement with Northern Trust to extend the maturity date of its $15 million revolving loan agreement by one year.