Regions Archives - ABFJournal

Bank of America Amends and Extends Cleveland-Cliffs’ ABL Facility

Cleveland-Cliffs amended and extended its asset-based lending credit facility. The amendment extends the maturity date of the facility to June 9, 2028, and transitions the benchmark interest rate from LIBOR to SOFR. BofA Securities served as lead arranger for the ABL facility.

Wells Agents Revolver for Popeyes Before Sale to Burger King

On February 15, Popeyes Louisiana Kitchen amended its credit agreement with Wells Fargo as administrative agent, providing a $150 million revolver expansion. On February 21, Restaurant Brands International, the parent company of Burger King, purchased Popeyes for $1.8 billion.

SEC Charges Three Regions Execs with Fraud

The SEC announced fraud charges against three former senior managers of Regions Bank for intentionally misclassifying loans that should have been recorded as impaired for accounting purposes.

June 26, 2014 Regions | SEC ABF Journal

Regions Provides Debt Financing for Wynnchurch Acquisition

Regions Business Capital was said to have provided senior debt financing to support the acquisition of Imperial Group by private equity firm Wynnchurch Capital in partnership with BMO Mezzanine Fund and the management team.

August 15, 2013 Regions | Wynnchurch Capital ABF Journal

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Tag Archives: Regions

Bank of America Amends and Extends Cleveland-Cliffs’ ABL Facility

Wells Agents Revolver for Popeyes Before Sale to Burger King

SEC Charges Three Regions Execs with Fraud

Regions Provides Debt Financing for Wynnchurch Acquisition