Bank of America Agents Kennametal $600MM Amendment
Kennametal signed a $600 million loan agreement with a bank syndicate led by Bank of America as joint lead arranger and administrative agent for the transaction.
Kennametal signed a $600 million loan agreement with a bank syndicate led by Bank of America as joint lead arranger and administrative agent for the transaction.
PNC Bank has added three experienced bankers to the senior secured financing team: Eugene Leary, senior vice president; James Clifton, senior vice president and Nathan Love, vice president.
Kalibrate Technologies has entered into a $5 million line of credit with PNC Bank.
Tredegar entered into a new $400 million five-year, secured revolving credit facility. JPMorgan Chase served as administrative agent.
Horsehead Holding announced that three of its subsidiaries entered into a forbearance agreement with Macquarie Bank as agent and lender. Another subsidiary, Zochem, has entered into a forbearance agreement with PNC bank as agent and lender.
PNC Bank provided a $120 million revolving credit facility for Universal Truckload.
Capella Education entered into an amended and restated revolving credit agreement agented by Bank of America, which provides $100 million of borrowing capacity with a conditional $50 million increase option.
Private investment firm Excelsior Capital Partners said its portfolio company Artissimo Designs has closed on a $15 million revolving ABL credit facility with PNC Bank.
PNC Bank announced the addition of John Lundberg, senior vice president with the senior secured financing team in the Southwest Region.
United Refining said it completed a new $475 million credit facility with PNC acting as administrative agent and lead arranger.