Santander Bank Archives - ABFJournal

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Citigroup-Led Syndicate Amends Harsco’s Credit Facilities

A syndicate of banks led by Citigroup Global Markets amended Harsco’s existing senior secured credit facilities. The required levels of the existing total net leverage ratio covenant will be increased through Dec. 31, 2021.

June 29, 2020 Bank of America | Bank of the West | BMO Harris Bank | Citigroup Global Markets | Fifth Third Bank | Goldman Sachs Bank | Harsco | HSBC Bank | ING Bank | KeyBank | Pete Minan | PNC Bank | Royal Bank of Canada | Santander Bank | The Huntington National Bank | Trust Bank Phil Neuffer

Santander Bank Arranges $225MM in Financing for Purolite

Santander Bank’s commercial banking division acted as joint lead arranger for a $175 million term loan and $50 million revolver for Purolite to facilitate additional spending on capital projects and enhance liquidity.

June 24, 2020 Don Brodie | James Downey | Joseph Sigle | Purolite | Santander Bank | Steve Brodie Phil Neuffer

Citigroup-Led Syndicate Arranges $280MM Term Loan for Harsco

As part of a syndicate of 14 banks, Citigroup served as a joint lead bookrunner and joint lead arranger for a new $280 term loan facility for Harsco Corporation.

April 1, 2020 Bank of America | Bank of the West | BMO Harris Bank | Citigroup | Fifth Third Bank | Goldman Sachs Bank | Harsco Corporation | HSBC Bank | ING Bank | KeyBank | Pete Minan | PNC Bank | Royal Bank of Canada | Santander Bank | The Huntington National Bank | Truist Bank Phil Neuffer

Habis Joins Santander as Head of Consumer and Business Banking

Santander Bank named Pierre P. Habis head of consumer and business banking, effective May 4, 2020. He will report to Tim Wennes, Santander US CEO and country head, and Santander Bank president and CEO.

March 12, 2020 Pierre P. Habis | Santander Bank | Tim Wennes Phil Neuffer

Santander Bank Leads $25MM Term Loan for Horizon Group

Santander Bank’s Commercial Banking division closed a $25 million term-loan facility on behalf of Horizon Group USA.

February 19, 2020 Horizon Group | Paul Cronin | Santander Bank nadine

Santander Upsizes Wind Turbine & Energy Cables Revolver to $75MM

Santander Bank’s Commercial Banking division closed a $75 million asset-based revolving credit facility on behalf of Wind Turbine & Energy Cables.

January 23, 2020 Santander Bank | Wind Turbine & Energy Cables nadine

Santander Bank Agents $120MM Facility for Eastern Company

Santander Bank’s Commercial Banking division served as the administrative agent and sole lead arranger on a $120 million revolving credit and term loan facility to The Eastern Company, an industrial metal products manufacturer.

December 5, 2019 Santander Bank | The Eastern Company nadine

Santander Leads $1.3B Term Loan for WEX

Santander acted as joint lead arranger and joint bookrunner for a $1.3 billion term loan B facility for WEX.

December 4, 2019 Santander | Santander Bank | WEX nadine

EXCLUSIVE: Santander Bank Exits Equipment Finance

Monitor has learned from reliable industry sources that Santander Bank is planning to exit the equipment finance industry in the U.S., consistent with a similar shutdown of EFL in the UK.

September 20, 2019 Santander Bank | Sterling Bank nadine

JPMorgan Agents New $750MM Facility for Vishay

Vishay Intertechnology has entered into a new $750 million credit facility. JPMorgan served as administrative agent.

June 7, 2019 Citizens Bank | Cmoerica | HSBC Bank | JPMorgan | MUFG Bank | Santander Bank | TD Bank | UniCredit | Vishay Intertechnology nadine