Teletouch Communications entered into a new credit facility encompassing a $6 million ABL revolver and a short-term loan facility the proceeds from which will be used to replace loans with Thermo Credit.
The Newark Group completed a $186 million refinancing transaction. The financing consists of an undrawn $50 million ABL revolver, an $80 million first lien term loan and a $56 million second lien term loan.
National Financial Partners, a provider of benefits, insurance and wealth management services, closed a new, five-year $325 million revolving credit facility with Bank of America serving as administrative agent.
Starbucks announced the renewal of its revolver with a lender group led by Bank of America as administrative agent. The coffee retailer said the new credit agreement increases borrowing capacity while lowering its cost of credit.
DineEquity announced it re-priced its senior secured credit facility, including its senior secured revolver, which remained at $75 million. According to the SEC filing, Barclays Bank led the facility amendment as administrative agent.
Prospect Capital Corporation funded a recapitalization of Nationwide Acceptance Corporation with $25.2 million of combined debt and equity financing. Wells Fargo provided a $75 million revolving credit facility.
Chemed Corporation entered into an amended and restated credit agreement for its revolving credit facility. Terms of the credit agreement consist of a five-year $350 million revolver. JPMorgan Chase Bank acted as administrative agent.
Phillips Edison-ARC Shopping Center REIT announced increased the borrowing capacity of its senior secured revolving credit facility, agented by KeyBank, from $40 million to $88 million.
The Bradshaw Group, a distributor of laser printers, parts and supplies, announced the company entered into a new $2.5 million three-year revolving credit facility with Triumph Commercial Finance.
Diodes secured a five-year $300 million revolving senior credit facility. Bank of America acted as administrative agent and Merrill Lynch served as sole lead arranger and sole bookrunner.