Santander Bank Unifies U.S. Commercial Businesses, Names Lee Head

Santander Bank unified its commercial and industrial business and its commercial real estate, equipment finance and vehicle financing business into one U.S. commercial bank under the leadership of Michael Lee.

October 20, 2023 commercial banking | Equipment Finance | Michael Lee | Santander Bank | Tim Wennes Ian Koplin

Santander Bank Closes $250MM Credit Facility with Wind Turbine & Energy Cables

Santander Bank’s commercial bank closed a $250 million asset-based revolving credit facility on behalf of Wind Turbine & Energy Cables, a diversified manufacturer of electrical cables, wires and steel for use in the renewable energy industry.

September 18, 2023 Ellen Marshall | Santander Bank | Sherie Singh-Cho | Wind Turbine & Energy Cables Ian Koplin

Santander Bank Appoints New Commercial Banking Leaders

Santander Bank appointed Donna Cleary market manager and Jim Bravyak to head of underwriting and portfolio management.

November 10, 2022 Donna Cleary | Ellen Marshall | Jim Bravyak | Joe Abruzzo | Santander Bank Ian Koplin

Citizens, Santander and Fifth Third Provide $525MM in Financing to SMART Global Holdings

SMART Global Holdings (SGH) completed refinancing transactions via a $275 million term loan A facility and a $250 million undrawn revolving credit facility.

February 8, 2022 Citizens Bank | Fifth Third Bank | Ken Rizvi | Santander Bank | SMART Global Holdings Ian Koplin

HSBC Leads $150MM Senior Secured Credit Facility for Veeco Instruments

Veeco Instruments entered into a senior secured revolving credit facility that enables the company to borrow up to $150 million over a five-year term that expires in December 2026. HSBC Bank is acting as administrative agent and collateral agent for the facility.

December 17, 2021 Barclays Bank | Citibank | HSBC Bank | John Kiernan | Morrison & Foerster | Santander Bank | Silicon Valley Bank | Veeco Instruments Ian Koplin

Wells Fargo Agents $1B in Secured Credit Facilities for Integer Holdings

Integer Holdings, a medical device outsource manufacturer, raised $1 billion in senior secured credit facilities to refinance its existing debt. Wells Fargo Bank is acting as administrative agent, swingline lender and issuing lender for the facilities.

September 3, 2021 BofA Securities | Citigroup Global Markets | Fifth Third Bank | Integer Holdings | Jason Garland | KeyBanc Capital Markets | Santander Bank | Wells Fargo Securities Ian Koplin

BofA Agents WEX Facility Upsize to $1.9B

WEX, a financial technology service provider, amended and restated its credit facility. The lenders agreed to a restatement agreement that increases commitments under WEX’s revolving credit facility from $870 million to $930 million.

April 5, 2021 Bank of America | BMO Capital Markets | BofA Securities | Citizens Bank | Mizuho Securities USA | MUFG Bank | Santander Bank | Truist Securities | Wells Fargo Securities | WEX Ian Koplin

Santander Names Baldinelli Head of New England Middle Market Banking

Santander Bank appointed Scott Baldinelli head of New England middle market banking. Baldinelli will assume the role from Robert Cerminaro, who was promoted to head of mid-corporate banking in Santander’s commercial banking division.

March 30, 2021 Joe Abruzzo | Robert Cerminaro | Santander Bank | Scott Baldinelli Ian Koplin

Citizens Amends Ribbon Communications’ Credit Agreement

Ribbon Communications executed a third amendment to its credit agreement. Citizens Bank, as administrative agent under the credit facility, led the amendment, which increased Ribbon’s existing term loan A credit facility by approximately $75 million.

March 8, 2021 Bank of America | Bank of Hope | Barclays Bank | Citibank | Citizens Bank | Fifth Third Bank | HSBC Bank | JPMorgan Chase Bank | M&T Bank | Miguel Lopez | Ribbon Communications | Santander Bank | Silicon Valley Bank Phil Neuffer

Santander Adds Former JPMorgan Execs to Commercial Banking Team

Santander Bank appointed Taryn Phelan commercial banking chief experience officer and Michael McDonough head of trade and working capital solutions. Both Phelan and McDonough previously worked for JPMorgan Chase.

February 9, 2021 Joe Abruzzo | Ken Deveaux | Michael McDonough | Santander Bank | Taryn Phelan Phil Neuffer