People’s United Bank acted as lead arranger to provide North Star Leasing with a four-year, $80 million expandable senior revolving credit facility.
The Healthcare Finance Division of People’s United Bank provided a $61 million credit facility to Brightview Senior Living, a privately held real estate development and property management company specializing in multifamily and senior living communities.
Suburban Propane Partners refinanced the $500 million senior secured credit facility of its operating partnership, Suburban Propane.
EPSG, an integrator of payment technology solutions, closed a revolving credit facility with People’s United Bank and has adopted their eTreasury + Business Online Banking System and Wire Transfer Service.
Toll Brothers entered into a five-year $1.905 billion revolving credit facility to replace the company’s existing $1.295 billion revolving credit facility, which was scheduled to mature in May 2021.
Patrick Donnelly has been appointed senior vice president, Nonprofit Banking for People’s United Bank Nonprofit Specialty Finance Group.
People’s United Bank formed a dedicated Lender Finance team to be led by Patrick Lee as part of its Commercial Specialty Business.
People’s United Bank’s Healthcare Finance and Capital Markets Divisions provided a $92 million credit facility to MidCap Financial.
People’s United Bank’s Commercial Banking division served as lead arranger on the expansion of MVC Capital’s credit facility to $50 million.