PNC Upsizes ALJ Regional Holdings Credit Facility

ALJ Regional Holdings acquired Realtime Digital Innovations, closed an equity private placement and amended its credit agreement with PNC Bank as administrative agent.

Rabobank Upsizes Dean Foods Revolver to $265MM

Dean Foods has successfully increased the company’s borrowing base availability to $265 million under its senior secured revolving credit facility. Rabobank served as administrative agent for the transaction.

PNC, JPMorgan Expand Kemper Facility to $450MM

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 Agents $125MM Revolver for Meridian Bioscience

Meridian Bioscience has entered into a $125 million revolving credit facility credit agreement with PNC Bank as administrative agent.

PNC Bank Agents $90MM Facility for Iconex

PNC closed a $90 million senior secured credit facility for Iconex, a portfolio company of Greenwich, CT-based Atlas Holdings.

PNC Provides $109MM in Facilities to Innovex, FHE USA

PNC Bank closed $109 million in facilities for two oilfield services providers: Innovex Downhole Solutions and FHE USA.

KeyBank, PNC Support Greenbacker Solar Energy Project

KeyBank and PNC provided financing to Greenbacker Renewable Energy to support the completion of the company’s 20MWac Midway III solar PV project.

PNC Agents $16.2MM Facility for MPD

PNC Bank closed and served as administrative agent on a $16.2 million senior secured credit facility for electronic components provider MPD.

PNC to Provide $98MM DIP to Heritage Home Group

Heritage Home Group, a furniture group created following the 2013 bankruptcies of iconic brands Thomasville, Broyhill and Lane, has filed Chapter 11 and has already found buyers for its assets. PNC Bank has agreed to provide $98 million DIP financing.

PNC Names Leaders of New Houston Banking Team

PNC Bank’s new Houston banking team will be led by Julie Young Sudduth, who will serve as the regional president. Joining Sudduth will be Christian Brown, head of Corporate Banking for the Houston market, and Thomas Byargeon, who leads PNC’s Energy Group.