Barclays Agents Hertz Credit Agreement Amendments
Hertz Global amended several of its U.S., European and Canadian credit facilities, including extending maturities of $3.165 billion available under variable funding notes to January 2019.
Hertz Global amended several of its U.S., European and Canadian credit facilities, including extending maturities of $3.165 billion available under variable funding notes to January 2019.
Sprint Communications closed a new $6 billion secured revolving and term loan credit facility with JPMorgan as administrative agent.
J.P. Morgan, TD Bank and Royal Bank of Canada served as lead arrangers for a $4.95 billion bridge facility for AltaGas to finance its acquisition of WGL Holdings for approximately $6.4 billion in cash.
HSBC, JPMorgan and Societe Generale have joined a $1.85 billion-equivalent loan financing to support GoDaddy’s acquisition of peer Host Europe Group.
Apollo Investment entered into an amended and restated revolving credit facility for up to $1.14 billion with a maturity date of December 22, 2021. JPMorgan Chase served as administrative agent.
Atkore International Group refinanced its existing $642 million in term loan facilities with an amended $500 million new term loan facility. Deutsche Bank served as administrative agent for the bank syndicate.
Shaw Communications extended the maturity date of its five-year $1.5 billion credit facility from December 2019 to December 2021. TD Securities served as lead arranger and sole bookrunner.
Tessera Holding entered into a $600 million credit agreement with Royal Bank of Canada as administrative agent and collateral agent.
Chesswood Group expanded and renewed its revolving credit facility with a syndicate of six banks led by the Royal Bank of Canada.
Bank of America served as administrative agent for $386 million in debtor-in-possession financing to Performance Sports Group as part of its financial restructuring process.