Tag Archives: Royal Bank of Canada

Aircastle Increases Revolving Credit Facility Capacity to $2.1B

Aircastle amended and extended all of its existing revolving credit facilities, increasing the aggregate capacity of the facilities to $2.1 billion and extending the maturity dates to 2027 and 2028.

Wells Fargo, BofA and Citibank Provide $425MM Amended and Restated Credit Facility to Office Properties Income Trust

Office Properties Income Trust entered into a second amended and restated secured credit agreement that governs its $325 million secured revolving credit facility and $100 million secured term loan. Wells Fargo Bank is the administrative agent for the facilities.

2023 Deals of the Year

Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal is proud to present its second annual Deals of the Year listing to provide a more in-depth look at some of the most intriguing and impactful transactions of 2023.

Bank of America Leads Financing for AITX’s Completed Acquisition of SMBC Rail Services

American Industrial Transport (AITX) completed the acquisition of certain of the railcar assets and operations formerly owned by rail leasing company SMBC Rail Services. Bank of America led the acquisition financing for the transaction as administrative agent.

RBC and BDC Capital Provide $36.1MM Secured Credit Package to Premier Health of America

Premier Health of America entered into a C$50 million ($36.1 million) secured credit package aimed at closing the acquisition of Solution Staffing, including a refinancing of its current revolving facility and new term loans to finance the transaction. The secured financing is led by the Royal Bank of Canada and BDC Capital.