Verint Systems completed a credit agreement with JPMorgan as administrative agent for $725 million, including a seven-year $425 million term loan and a five-year $300 revolving credit facility.
Seven Generations Energy’s lenders have increased the size of the company’s senior secured credit facility by about 27%, from $1.1 billion to $1.4 billion. RBC Capital Markets led the syndicate that included 12 other financial institutions.
SUPERVALU completed the refinancing of a $525 million senior secured term loan credit agreement with a $315 million delayed draw term loan facility with Goldman Sachs as administrative agent.
Clayton, Dubilier & Rice closed an agreement with HD Supply Holding to acquire its Waterworks business unit for $2.5 billion. Through a carve-out transaction, Waterworks will become an independent company, wholly-owned by CD&R funds.
Cotiviti amended the terms of its existing term loan B facility which included a reduction in the LIBOR spread over LIBOR from 2.75% to 2.50%.
Talen Energy Supply priced a new $500 million term loan facility and repriced a $600 million facility. Morgan Stanley, Goldman Sachs, Deutsche Bank, MUFG, Credit Suisse and RBC Capital markets were lead arrangers.
KeyW entered into a $135 million term loan and a $50 million revolver with Royal Bank of Canada as administrative agent and collateral agent, and RBC Capital Markets as lead arranger and bookrunner.
Talen Energy Supply intends to syndicate a new $400 million secured term loan B facility and to reprice its existing $600 million term loan B facility. Morgan Stanley, Goldman Sachs, Deutsche Bank Securities, MUFG, Credit Suisse, RBC Capital Markets are lead arrangers.
Western Digital has successfully repriced €881 million ($952 million) of new Euro-denominated term B-2 loans. JPMorgan served as administrative agent for the transaction.
KeyW signed an agreement to acquire Sotera Defense Solutions in an all-cash transaction valued at approximately $235 million. RBC Capital Markets is providing a senior secured facility to support the acquisition.