Citi Renews $100MM Revolver for CPS
Consumer Portfolio Services announced it renewed its $100 million revolving credit facility with Citi. The facility will revolve during the first two years and may amortize during year three.
Consumer Portfolio Services announced it renewed its $100 million revolving credit facility with Citi. The facility will revolve during the first two years and may amortize during year three.
Pacific Drilling closed a $750 million senior secured term loan with 2018 maturity and a $500 million senior secured revolver. Citigroup, Goldman Sachs, Deutsche Bank and Barclays acted as joint lead arrangers and bookrunning managers.
Furniture maker Chromcraft Revington announced it refinanced its credit facility and entered into a new revolver with First Capital of up to $9 million based upon eligible accounts receivables and inventory.
BYTEGRID, a data center company, announced an initial $25 million revolver arranged by KeyBank Real Estate Capital that includes an accordion feature allowing it to increase the size of the facility to $100 million.
Entravision Communications entered into a new $425 million credit agreement, consisting of a $30 million revolver, a $20 million term loan, and a $375 million delayed-draw term loan. GE Capital served as agent.
RiceBran Technologies signed an $8 million revolving credit facility with TCA Global Credit Master Fund to provide operating capital to support growth in the company’s U.S. and Brazil segments.
Ultralife closed a four-year $20 million asset-based revolving credit facility with a $15 million accordion feature to expand the facility with PNC Bank.
Siena Lending completed a $7 million senior secured revolving credit facility for Lovesac, an omni-channel retailer of revolutionary furniture products and accessories.
Teine Energy said it closed a $300 million senior secured second lien term loan arranged by Barclays. Teine also announced the refinancing of an existing revolver with National Bank Financial as agent.
Jaclyn, Inc. announced that it entered into an extension of its revolving credit facility with TD Bank as agent and a lender, and Israel Discount Bank of New York as a lender.