AloStar Provides $7.1MM to Southeastern Aluminum
AloStar Business Credit said it provided a $5 million revolver to Southeastern Aluminum Products in addition to a $2.1 million real estate term loan.
AloStar Business Credit said it provided a $5 million revolver to Southeastern Aluminum Products in addition to a $2.1 million real estate term loan.
Rubicon Technology closed a three-year $25 million secured revolving credit facility with Silicon Valley Bank.
TAB Bank said it has provided a $2.5 million senior revolving credit facility through a multi-year agreement for Eagle One Golf of Anaheim, CA.
Flotek Industries has entered into an amendment to its current credit facility with PNC Bank that, among other terms, expands the size and extends the term of the facility, providing capital to refinance its outstanding convertible notes and reduce the cost of its current borrowings.
Revel AC completed the amendment to its existing revolving credit facility with JP Morgan Chase as administrative agent. The amendment added a new $125 million term loan and an increase of $25 million in the existing revolving commitments.
Phillips Edison-ARC Shopping Center REIT entered into a revolving credit facility with KeyBank for up to $250 million of availability. It will be used to finance the acquisition of shopping centers throughout the U.S.
Ixia, a provider of test and monitoring solutions, said Bank of America Merrill Lynch arranged a $150 million senior secured revolving credit facility.
Kid Brands has refinanced its existing senior credit facility with Salus Capital Partners as lender, administrative agent and collateral agent.
Entravision Communications entered into a new $50 million credit facility, consisting of a four-year $20 million term loan and a four-year $30 million revolving credit facility with GE Capital as agent and GE Capital Markets as sole lead arranger and bookrunner.
Prospect Capital announced that it has increased total commitments to its five-year $650 million revolving credit facility by $35 million to $552.5 million in the aggregate.