Apartment Income REIT closed a new $1.4 billion credit facility. PNC Capital Markets and Wells Fargo Securities led the syndication as joint bookrunners and lead arrangers. PNC Bank is also the administrative agent and sustainability agent for the facility.
SunTrust Robinson Humphrey, Citizens Bank, Regions Capital Markets and KeyBank served as joint lead arrangers on a $65 million revolving credit facility for ProSight.
Barclays Bank, Regions Capital Markets, Citibank, US Bank, Wells Fargo Bank, Bank of America, Citizens Bank and BMO Harris Bank are serving as participating lenders for an amendment to Chatham Lodging Trust’s $250 million revolving credit facility.
Kimco Realty closed a new $2 billion revolving credit facility with commitments from 21 lending institutions, replacing the company’s existing $2.25 billion unsecured revolving credit facility.
Regions Bank acted as administrative agent on a new five-year $75 million term loan and $50 million revolver for Heritage Insurance Holdings, a property and casualty insurance holding company.
Ebix expanded its existing syndicated credit facility by an additional $100 million. Regions Bank led the banking group and served as both administrative and collateral agent on the transaction.
Charah Solutions entered into a new $280 million senior credit facility, with Bank of America Merrill Lynch and Regions Capital Markets serving as joint lead arrangers on the facility.
Blackbaud entered into a new $700 million credit facility that includes a $300 million senior secured term loan and a $400 million senior secured revolving credit facility. Bank of America served as administrative agent.