PBF Energy completed a multi-year extension of its asset-based revolving credit facility, with an aggregate commitment of $4.3 billion. Bank of America is the joint lead arranger, joint bookrunner and administrative agent for the 35-bank syndicate participating in the credit facility.
Rock Hill Capital and its portfolio company, Park Energy Services, completed its second acquisition in less than a year with the purchase of substantially all the assets of San Antonio-based Great Texas Compression.
Protective Life Corporation and its principal subsidiary, Protective Life Insurance, closed a five-year, $1.5 billion sustainability-linked revolving credit facility, which replaces its current $1 billion revolving credit facility. Regions Bank is the administrative agent for the facility.
Regions Bank hired Dave Strickert to lead corporate credit products. Strickert will lead credit product teams supporting diversified industries, specialized industries, real estate banking and Regions Equipment Finance Company clients.
BMO Harris Bank and Regions Bank both earned a score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), a national benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.
Regions Bank launched a commercial business development team focused specifically on helping small businesses build customized plans for financial success. The new team will be led by Jordan Baxter, senior vice president of commercial banking at Regions Bank.
Regions Financial, the parent company of Regions Bank, entered into a definitive agreement to acquire Clearsight Advisors, a mergers and acquisitions firm. Regions Financial plans to incorporate Clearsight Advisors into Regions Bank’s capital markets division.
Brad Kimbrough will retire as controller and chief accounting officer of Regions Bank on Feb. 28, following a nearly 29-year career at the bank. Anil Chadha, who currently serves as head of risk shared services and analytics for Regions Bank, will succeed Kimbrough.
Healthcare Trust of America and its operating partnership, Healthcare Trust of America Holdings, entered into a third amended and restated $1.3 billion revolving credit and term loan agreement. JPMorgan Chase Bank served as the administrative agent for the facility.
Huttig Building Products entered into a new $250 million senior credit facility. JPMorgan Chase is the administrative agent, joint bookrunner and joint lead arranger for the facility.