PNC, US Bank Agent $210MM in Facilities for Quantum

Quantum completed a $210 million refinance of its current debt facilities, consisting of a new $165 million senior secured term loan and a $45 million revolver. PNC and U.S. Bank served as agents on the facilities.

PNC Provides $100MM Revolver to New Jersey Resources

PNC Bank provided a four-month, $100 million revolving line of credit facility to New Jersey Resources. The revolver is scheduled to terminate on April 18, 2019.

PNC Adds Brady to Senior Secured Financing Team

PNC Bank appointed Eamonn Brady as a senior vice president and business development officer on its senior secured lending team in the Upper Midwest region.

PNC Agents $200MM Credit Facility for GP Strategies

PNC Bank acted as administrative on a new five-year $200 million credit facility for performance improvement solutions provider GP Strategies.

PNC Provides $200MM Facility to Armada Partners

PNC Bank closed a $200 million senior secured credit facility for Armada Partners. PNC served as administrative agent and PNC Capital Markets served as joint lead arranger and bookrunner on the facility.

BofAML Arranges $600MM Revolvers for BGC Partners, Newmark

Bank of America Merrill Lynch acted as the active lead arranger on two separate credit facilities for BGC Partners and Newmark Group, respectively. Together, the credit agreements total $600 million.

Regions Agents $100MM Expansion of Ebix Credit Facility

Ebix expanded its existing syndicated credit facility by an additional $100 million. Regions Bank led the banking group and served as both administrative and collateral agent on the transaction.

PNC Provides $109MM in Facilities to Innovex, FHE USA

PNC Bank closed $109 million in facilities for two oilfield services providers: Innovex Downhole Solutions and FHE USA.

PNC Launches Suite of Commercial Credit Cards for Canadian Clients

PNC Bank Canada Branch recently launched commercial card products designed specifically to support Canada-based companies and U.S. companies doing business in Canada.

Regions Agents $60MM Revolver for PFSweb

PFSweb entered into a new five-year, $60 million revolving credit facility with a syndicate of lenders led by Regions Bank. PNC Bank and Bank of America participated in the facility.