HarbourView Equity Partners received a $200 million senior secured credit facility with proceeds earmarked to acquire music royalty assets and for general corporate purposes. Fifth Third Bank acted as lead arranger, sole bookrunner and administrative agent on the transaction.
eCapital increased its syndicated bank facility. Wells Fargo acted as the administrative agent for the facility while serving as joint lead arranger and joint book runner with Regions Bank. The facility increase brings eCapital’s total bank facility commitments to more than $1.2 billion.
Regions Bank created a franchise lending team led by industry veteran Peter Salas. Salas and his team will focus on helping drive business sustainability and expansion through specialization in franchise concepts.
Viemed Healthcare, a provider of respiratory care and technology-enabled home medical equipment services, entered into syndicated credit facilities, consisting of a five-year senior secured revolving credit facility of up to $30 million and a five-year delayed draw term loan facility of up to $30 million.
Regions Bank launched its Multi-Assets Solutions Group, the result of combining the bank’s investment research group with the research team from Regions subsidiary Highland Associates.
Ryan Sladek joined Regions Bank the company’s institutional services division and will lead a team of strategists to deliver customized investment services for corporations, businesses, nonprofits, municipalities and more.
Benefitfocus entered into a loan agreement led by JPMorgan providing for a senior secured credit facility in the amount of $140 million to replace the company’s existing revolving line of credit.
Regions Bank appointed Tom Speir head of strategy and corporate development. Speir will report to David Turner, CFO of Regions Bank, and succeed Nikki Stephenson, who recently joined Regions Bank’s corporate banking group as head of credit products.
FLEETCOR Technologies amended its pro-rata credit facility, increasing the overall facility size from $4.01 billion to $4.5 billion and extending the maturity to a new five-year term ending in June 2027. Bank of America is the administrative agent.