Clarus Corporation amended and upsized its existing senior credit facility led by JPMorgan Chase. Under the terms of the upsized agreement, Clarus has access to an increased revolving credit facility of $100 million and an increased $125 million term loan.
Dext Capital, an Oregon-based independent equipment finance company focused on lending to the medical industry, closed a $25 million corporate revolving credit facility with Regions Bank.
Forbes named Amala Duggirala, chief operations and technology officer of Regions Bank, to its inaugural ‘CIO Next 2021’ list, which highlighted top technology executives who are redefining the role of a chief information officer as they deliver innovations for customers.
American Banker named Ashley Garrison, executive vice president and head of human resources operations for Regions Bank, a Most Powerful Women in Banking: Next award recipient.
American Homes 4 Rent closed a $1.25 billion sustainability-linked revolving credit facility, amending its existing $800 million revolving credit facility. A total of 15 lenders participated in the facility, including Wells Fargo Bank as administrative agent.
Caroline Taylor joined Regions Bank’s corporate banking group as senior vice president and head of Small Business Administration lending. Before joining Regions Bank, Taylor served as national head of SBA lending and small business credit underwriting director at Capital One.
Truist Securities served as left lead arranger, Fifth Third Bank acted as joint lead arranger, Union Bank acted as syndication agent and Regions Bank acted as documentation agent on a $400 million revolving credit facility with a $150 million accordion for Anthem Entertainment.
Regions Bank closed a $75 million bi-lateral asset-backed facility for Dext Capital, providing financing for commercial equipment loans and leases.
Barb Godin, deputy chief risk officer and chief credit officer of Regions Bank, will retire at the end of 2020. Godin’s retirement follows a 45-year career in the financial services industry.
Regions Bank served as administrative agent and collateral agent on the refinancing of CPSI’s existing credit facilities through an amended and restated credit agreement. The amendment increases the maximum borrowing capacity under CPSI’s revolver to $110 million.