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.
Hightower secured a new credit facility that provided an increase over the company’s previous facility to support its acquisition of WealthTrust. BMO Capital Markets served as left joint lead arranger and admistrative agent for the lender group.
Arch Coal refinanced its senior secured term loan and increased the term loan to $300 million from $250 million. Credit Suisse served as administrative agent for the transaction.
Turning Point Brands entered into a new $250 million credit facility arranged by Fifth Third Bank, Capital One and Regions Capital Markets.
NeoGenomics has closed on a new five year, $150 million senior secured credit facility, which includes a $75 million revolving loan and a $75 million term loan. Regions Bank served as administrative agent.
EarthLink Holdings refinanced its $135 million revolver with a lender group led by Regions Bank as administrative agent. Regions and Fifth Third served as join lead arrangers.
CoreSite Realty entered into a new $100 million term loan. KeyBank served as administrative agent. KeyBanc Capital Markets, RBC Capital Markets, Regions Capital Markets, and TD Securities served as joint lead arrangers and joint book managers.
Software supplier Ebix announced the expansion of its existing credit facility from $190 million to $240 million. Regions Capital Markets served as lead arranger on the transaction.
CorEnergy said it has amended and upsized its existing $93 million revolver to provide borrowing commitments of $153 million. Regions Bank acted as administrative agent and BofA acted as syndication agent.