PNC Provides New $25MM Revolver to AutoWeb

AutoWeb entered into a new three-year, $25 million secured revolving credit facility with PNC Bank.

Seminario, Duranto Promoted within PNCBC Tech Finance Group

PNC Bank appointed J.P. Seminario national originations manager and Christopher P. Duranto director, western originations for PNC Business Credit’s Technology Finance group

PNC Agents $140MM Facility for Ames Watson Acquisition of Lids

PNC Bank closed a $140 million senior secured credit facility to support Maryland-based Ames Watson’s acquisition of Lids Sports Group. PNC Bank served as administrative agent on the transaction.

PNC Agents $400MM Facility for American Eagle Outfitters

PNC Bank served as administrative agent on a $400 million senior secured credit facility for American Eagle Outfitters. PNC Capital Markets served as joint lead arranger and joint bookrunner on the transaction.

Crocs Receives $50MM Upsize from PNC, KeyBank

Shoe manufacturer and retailer Crocs amended its credit agreement with PNC Bank as administrative agent and KeyBank as syndication agent.

PNC Agents $28.89MM Facility for Antifreeze Manufacturer KOST USA

PNC Bank served as administrative agent on a $28.89 million senior secured credit facility for KOST USA.

BofA Agents $225MM Amended Revolver for USA Truck

USA Truck completed an amended and restated $225 million revolving credit facility with a group of banks and Bank of America as agent.

Wells Fargo Agents New $250MM ABL Revolver for Masonite

Masonite International entered into a new amended and restated $250 million asset-based revolving credit facility. Wells Fargo acted as administrative agent on the transaction.

PNC Closes $50MM Facility for C.A. Advanced

PNC Bank closed a $50 million senior secured credit facility for C.A. Advanced, an electrical utility contractor that specializes in the installation, maintenance and restoration efforts of electrical facilities.

PNC Bank to Acquire Ambassador Financial Group

PNC Bank signed a definitive agreement to acquire Ambassador Financial Group, a provider of balance sheet management, investment banking and capital markets services to various financial institutions.