Purple Innovation executed a new five-year $100 million senior secured credit facility, consisting of a $45 million term loan and a $55 million revolving line of credit, with a group of financial institutions led by KeyBanc Capital Markets.
ACRES Capital acquired Exantas Capital’s management agreement from an affiliate of C-III Capital Partners. Exantas Capital also entered into definitive agreements with MassMutual and Oaktree for new capital commitments aggregating up to $375 million.
Raymond James has hired experienced finance professional James Kim as managing director in the firm’s Health Care Investment Banking practice.
Legacy Texas Bank led a bank group on an amendment to Vaquero Midstream’s revolving credit facility, increasing the size of the facility to $225 million and extending the facility commitment to December 2021.
Deutsche Bank, Capital One and Raymond James agreed to provide Red Lion Hotels a $30 million five-year credit facility and $10 million five-year revolver.
MOD Super Fast Pizza raised $33 million of additional equity and closed a new $40 million credit facility arranged by Keybanc Capital Markets and SunTrust Robinson Humphrey.
Raymond James is expanding its Financial Services Investment Banking practice with the addition of Jonathan Knauss as managing director.
Jernigan Capital entered into a $100 million secured revolving credit facility with a syndicate of banks led by KeyBank as administrative agent and Raymond James Bank as syndication agent.
Spin Master, a global children’s entertainment company, entered into an agreement with a syndicate of lenders to increase its credit facility to $510 million.
Raymond James hired John Roddy as managing director and co-head of the firm’s Financial Services Investment Banking practice.