QTS Realty Trust, a provider of hybrid colocation and data center solutions, entered into a new six-year $250 million term loan. Combined with the company’s current $1.7 billion unsecured credit facility, the term loan increases its aggregate unsecured credit facility capacity to $1.95 billion.
PNC Bank served as administrative agent on a $400 million asset-based revolving credit facility and, according to an 8K, Sixth Street Specialty Lending served as administrative agent and lead arranger on a $250 million senior secured term loan for Designer Brands.
BofA Securities, BBVA Securities and PNC Capital Markets acted as joint lead arrangers and joint bookrunners on a three-year, $670 million secured credit facility for Diodes Incorporated.
According to an 8K filed with the SEC, PNC Bank served as administrative agent and PNC Capital Markets served as structuring agent on a new three-year $75 million accounts receivable facility for Covia.
According to an 8K filed with the SEC, JPMorgan Chase Bank served as administrative agent for an increase of $60 million to $260 million for the senior secured revolving credit facility of UGI Energy Services, a subsidiary of UGI Corporation.
Kimco Realty closed a new $2 billion revolving credit facility with commitments from 21 lending institutions, replacing the company’s existing $2.25 billion unsecured revolving credit facility.
Kemper completed a new term loan credit agreement with an aggregate principal amount of up to $50 million and a $100 million increase of its revolving credit borrowing capacity to $400 million.
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.