Tag Archives: PNC Capital Markets

PNC Bank-Led Syndicate Amends and Restates Credit Facility for Ampco-Pittsburgh

Ampco-Pittsburgh entered into an amended and restated credit agreement consisting of a $100 million, five-year asset-backed revolving line of credit with a $30 million accordion feature. PNC Bank will continue to serve as administrative agent for the credit facility.

JPMorgan Chase Leads Syndicate Providing $650MM Credit Facility to JLL

JLL Income Property Trust secured a $650 million credit facility with a syndicate of eight real estate lenders, including JPMorgan Chase Bank as administrative agent, co-syndication agent, joint lead arranger and joint bookrunner.

Wells Fargo-Led Syndicate Closes $1.25B ESG-Linked Revolver for American Homes 4 Rent

American Homes 4 Rent closed a $1.25 billion sustainability-linked revolving credit facility, amending its existing $800 million revolving credit facility. A total of 15 lenders participated in the facility, including Wells Fargo Bank as administrative agent.

PNC and Wells Fargo Provide $1.4B Credit Facility to Apartment Income REIT

Apartment Income REIT closed a new $1.4 billion credit facility. PNC Capital Markets and Wells Fargo Securities led the syndication as joint bookrunners and lead arrangers. PNC Bank is also the administrative agent and sustainability agent for the facility.

Harsco Refinances Term Loan, Extends Revolver with Aid from Goldman Sachs, Others

A syndicate of banks including Goldman Sachs acted as joint bookrunners and joint lead arrangers in connection with a new term loan B facility of $500 million as part of Harsco’s amendment to its senior secured credit agreement.

Wells, BofA, PNC and RBC Arrange Amendment to SVC’s $1.4B Credit Agreement

Wells Fargo Securities, BofA Securities, PNC Capital Markets and RBC Capital Markets acted as joint lead arrangers and joint lead bookrunners on an amendment to Service Properties Trust’s $1.4 billion credit agreement.

QTS Enters $250MM Six-Year Term Loan with KeyBank

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.