PNC Agents $400MM Facility for American Eagle Outfitters

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.

PNC Bank to Acquire Ambassador Financial Group

PNC Bank signed a definitive agreement to acquire Ambassador Financial Group, a provider of balance sheet management, investment banking and capital markets services to various financial institutions.

BofA Agents $3.15B Facilities for Drugstore Giant Rite Aid

Rite Aid entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility. Bank of America served as both administrative and collateral agent on the facilities.

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, ING, MUFG Arrange $1B Triton Term Loan

Triton Container International entered into a $1 billion term loan facility led by PNC Capital Markets, ING Belgium and MUFG Bank as joint lead arrangers.

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.

BofA Agents $550 Term Loan for R. R. Donnelley & Sons

R. R. Donnelley & Sons entered into a $550 million senior secured term loan B credit facility with Bank of America as administrative agent.

Wells Fargo, Fortress Support Perry Ellis Acquisition

An entity controlled by George Feldenkreis acquired Perry Ellis International through a $437 million transaction. Perry Ellis was subsequently converted into a private company.

PNC Capital Markets Leads Mammoth Energy $185MM ABL Revolver

Mammoth Energy Services has amended its credit facility to include a five-year $185 million asset backed revolving credit facility, extending the maturity to October 2023.

BofA Agents New $150MM ABL for Basic Energy

Basic Energy Services entered into a new $150 million asset-based lending credit facility that is secured by its accounts receivable and related assets.