Citizens Agents New $450MM Lehigh Gas Facility
Lehigh Gas Partners announced it entered into a new $450 million credit facility with a lender group led by Citizens Bank of Pennsylvania as administrative agent.
Lehigh Gas Partners announced it entered into a new $450 million credit facility with a lender group led by Citizens Bank of Pennsylvania as administrative agent.
The RBS Citizens Middle Market M&A Outlook 2014 reveals middle market companies remain open to buying or selling but are prioritizing opportunities to reinvest in their existing operations.
Nuverra Environmental Solutions announced it converted its existing bank facility into a $200 million revolver. Wells Fargo served as joint lead arranger, joint bookrunner and administrative agent, and RBS Citizens and Bank of America served as joint lead arrangers and joint bookrunners.
Star Gas Partners announced it entered into an amended $450 million facility with a bank syndicate of 15 participants. JPMorgan Chase acted as administrative agent.
Photronics announced it entered into a $50 million revolver with its existing lenders. JPMorgan Chase Bank will serve as administrative and collateral agent, with TD Bank and RBS Citizens as syndication agents.
Rouse Properties announced the closing of a new $510 million corporate credit facility. Key Bank acted as administrative agent.
HEICO announced it increased its $670 million revolver to an aggregate future capacity of $1 billion. SunTrust Bank, Bank of America and Wells Fargo Bank acted as lead managers.
PNC Capital Markets and RBS Citizens acted as joint lead arrangers, with PNC Bank acting as administrative agent, for a $300 million syndicated credit facility for Calgon Carbon.
World Fuel Services expanded its existing revolving credit facility. Bank of America Merrill Lynch, Wells Fargo Securities and HSBC Bank USA served as joint lead arrangers.
Edgewater Technology established a new $10 million three-year credit facility with RBS Citizens. It will be used for working capital, including funding growth initiatives, stock repurchases and acquisitions.