RBC Capital Markets Archives - Page 3 of 16

BofA and MUFG Lead $1.4B Revolving Credit Facility for Ryder

Ryder executed a five-year, $1.4 billion global revolving credit facility, which includes 11 global institutions and will expire on Dec. 14, 2026. BofA Securities and MUFG Bank acted as joint bookrunners and joint lead arrangers for the facility.

RBC, TD Wells Fargo Expand Revolving Credit Facility for Interfor

Interfor closed an early renewal and expansion of its revolving credit facility with a syndicate of Canadian and U.S. banks co-led by RBC Capital Markets, TD Securities and Wells Fargo. The expansion increased the committed amount to $387 million.

December 20, 2021 Interfor | RBC Capital Markets | TD Securities | wells fargo Ian Koplin

RBC Capital Markets Extends $450MM Credit Facility for Russel Metals

Russel Metals extended its $450 million credit facility with a syndicate of banks led by RBC Capital Markets. The credit facility was extended from Sept. 21, 2023, to Sept. 21, 2025. In addition to the extension, the amended credit agreement includes a more favorable interest rate grid.

December 20, 2021 Martin L. Juravsky | RBC Capital Markets | Russel Metals Ian Koplin

RBC-Led Syndicate Provides $500MM Term Loan to Installed Building Products

Installed Building Products closed a seven-year, $500 million term loan with RBC Capital Markets, BofA Securities and Goldman Sachs Bank. Royal Bank of Canada will serve as term administrative agent and term collateral agent for the new term loan.

JPMorgan, Citi, RBC and Truist Expand NMI’s Revolving Credit Facility to $250MM

NMI Holdings amended its senior secured revolving credit facility, increasing the revolving capacity to $250 million and extending the maturity from Feb. 22, 2023, to Nov. 10, 2025. JPMorgan Chase Bank, Citibank, RBC Capital Markets and Truist Securities served as joint lead arrangers.

JPMorgan Chase-Led Syndicate Provides $10B to Support McAfee Acquisition

McAfee, a global provider of online protection, entered into a definitive agreement to be acquired by an investor group, which obtained a commitment from a JPMorgan Chase Bank-led syndicate for nearly $10 billion in debt financing to support the transaction.

Allspring Global Investments Commences Operations as Independent Global Asset Manager

Allspring Global Investments officially commenced operations as an independent asset management firm. This marks the close of the acquisition of Wells Fargo Asset Management by GTCR and Reverence Capital Partners. The firm’s new name, Allspring Global Investments, takes effect immediately.

Morgan Stanley Leads $450MM in Financing for Virtus Investment Partners

Virtus Investment Partners completed the refinancing of its existing credit agreement with a $275 million term loan and $175 million revolving credit facility. Morgan Stanley arranged the term loan as the lead arranger and bookrunner and the credit facility as lead arranger and administrative agent.

BofA and RBC Amend and Extend $1.045B Credit Agreement for Ritchie Bros.

Ritchie Bros. amended and extended its $1.045 billion credit agreement, with BofA Securities and RBC Capital Markets serving as joint lead arrangers and joint bookrunners, Bank of America serving as administrative agent and the Royal Bank of Canada serving as syndication agent.

September 22, 2021 Bank of America | BofA Securities | RBC Capital Markets | Ritchie Bros. Sharon Driscoll | Royal Bank of Canada Ian Koplin

Royal Bank of Canada Amends and Extends ISC’s $150MM Credit Facility

Information Services Corporation entered into an amended and extended credit agreement in connection with a $150 million secured credit facility. Royal Bank of Canada is the administrative agent for the facility.

September 21, 2021 Canadian Imperial Bank of Commerce | Information Services Corporation | RBC Capital Markets | Royal Bank of Canada Ian Koplin

Tag Archives: RBC Capital Markets