TAB Bank provided a $3 million revolver and a $1.1 million equipment term loan to purchase new equipment for an Ohio-based trucking company.
Interide Transport closed a $1.5 million revolver with TAB Bank. The new facility is based on accounts receivable and has been extended through a multi-year agreement.
Hart Stores entered into a new revolving credit facility with PNC Bank Canada Branch providing for a maximum financing of $30 million. The ABL replaces the company’s existing banking arrangement.
Newport Corporation entered into a new $275 million senior secured revolver through a syndicate of global financial institutions led by JPMorgan Chase.
Alliance Data Systems completed a new $2.285 billion credit facility. Lead agents on the bank facility included Merrill Lynch, Wells Fargo Securities and SunTrust Robinson Humphrey.
Krispy Kreme Doughnuts entered into a $40 million secured credit agreement with a group of lenders led by Wells Fargo as administrative agent.
United Stationers extended its $700 million revolver maturity to July 6, 2018. J.P. Morgan Securities, U.S. Bank and Wells Fargo Securities served as joint lead arrangers.
Boulder Brands announced it closed on a new $330 million senior secured credit facility. The company said Citigroup led the banking transaction in a three-bank consortium.
Saba entered into a new $25 million five-year credit facility with an affiliate controlled by Vector Capital. The facility is in addition to its existing $40 million revolver with Wells Fargo.