PNC Agents Bob Evans $750MM Amended Revolver
Bob Evans Farms announced it entered into a $750 million amended revolver. PNC Bank acted as administrative agent, and PNC Capital joint lead arranger and sole bookrunner.
Bob Evans Farms announced it entered into a $750 million amended revolver. PNC Bank acted as administrative agent, and PNC Capital joint lead arranger and sole bookrunner.
Arch Coal announced it received the requisite commitments from lenders to amend its credit facility. PNC Bank acted as administrative agent.
Compressco Partners drew down $5.5 million on its ABL facility with a lender group led by JPMorgan Chase as administrative agent.
Lannett Company announced it established a $50 million revolver with Citibank as administrative agent, and PNC Bank. Lannett expects to use the facility for general corporate purposes, including acquisitions.
PNC Bank announced the closing of a $115 million senior secured financing facility for Gatehouse Media. PNC Bank provided $65 million and will serve as administrative and collateral agent.
Tecumseh Products announced it amended its credit facility with PNC Bank to add a term loan facility of up to $15 million, extend the facility to December 11, 2018 and reduce the revolver to $34 million.
PNC Bank announced the closing of an $89 million ABL for Daseke. The company is using the funds to merge with Boyd Bros. Transportation and Boyd Logistics.
HEICO announced it increased its $670 million revolver to an aggregate future capacity of $1 billion. SunTrust Bank, Bank of America and Wells Fargo Bank acted as lead managers.
Metalico announced it closed a refinancing providing up to $125 million. Facilities were provided under a senior secured financing agreement, with TPG Specialty Lending acting as administrative agent and lead arranger.
PNC Bank announced the closing of a $50 million asset-based revolver for Bunkers International. The company is using the funds to refinance existing debt and support its growth initiatives.