Blue Racer Midstream completed an amendment and restatement of its existing revolving credit facility, providing up to $750 million of borrowing capacity and extending the facility’s maturity date by three years to 2025. Wells Fargo Securities acted as sole bookrunner for the facility.
A subsidiary of Ares Management entered into a definitive agreement with a subsidiary of BrightSphere Investment Group and Landmark Investment Holdings to acquire 100% of Landmark Partners. The transaction is valued at $1.08 billion.
WildBrain completed the refinancing of its senior secured term loan with a $285 million senior secured term loan facility. The company also entered into a $30 million revolving credit facility. RBC Capital Markets acted as sole lead arranger and bookrunner on the refinancing.
City National Bank created a new national corporate banking division. Brent Williams, a senior vice president for City National Bank, will lead the new division. Williams also leads the bank’s L.A. Metro commercial banking business unit.
Citi and Goldman Sachs provided debt financing for Blackstone’s acquisition of Interior Logic Group.
Oaktree Capital Management provided a $200 million senior secured term loan to Ashford Hospitality Trust. The term loan can be upsized by $150 million to an aggregate amount of $350 million.
ATM owner and operator Cardtronics entered into a definitive agreement with funds managed by affiliates of Apollo Global Management and Hudson Executive Capital to be acquired for $35 per share in cash.
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.
Ritchie Bros. Auctioneers closed an amendment and extension of its credit agreement totaling $630 million with a syndicate of lenders led by Bank of America as administrative agent.
iCapital Network and Artivest entered into a definitive agreement under which iCapital will acquire the Artivest platform and operating businesses. PJT Partners served as financial advisor to iCapital Network and RBC Capital Markets served as financial advisor to Artivest.