U.S. Silica Holdings closed a new $425 million credit facility to amend its existing senior secured credit facility. BNP Paribas acted as lead arranger.
NewStar Business Credit announced it provided a $40 million senior secured credit facility to General Insulation Company. NewStar said it syndicated a portion of the credit facility to BBVA Compass.
Boulder Brands announced it closed on a new $330 million senior secured credit facility. The company said Citigroup led the banking transaction in a three-bank consortium.
Appvion said it has entered into a $435 secured facility encompassing a $335 million term loan and a $100 million revolver jointly arranged by Jefferies Finance and Fifth Third Bank.
Hawaiian Telcom refinanced its existing credit facility and entered into a new $300 million term loan. Credit Suisse Securities (USA) was sole lead arranger and sole bookrunner.
Laredo Petroleum Holdings announced that its senior secured credit facility was amended to increase the borrowing base to $1 billion from $825 million. Wells Fargo Bank served as administrative agent.
U.S. coal producer Alpha Natural Resources said it has amended its credit facility increasing the total amount from $1.6 billion to $1.725 billion. Citicorp acted as administrative and collateral agent for the lender group.
Wells Fargo Capital Finance Canada said it acted as administrative agent and sole lender to a $60 million senior secured credit facility for Quebec-based SAIL Outdoors.
Armstrong World Industries said it closed on a new $1.275 billion senior secured credit facility. BofA Merrill Lynch, JP Morgan and Barclays led the transaction.
Pacific Drilling signed a $1 billion senior secured credit facility, which was led and structured by Citibank and DNB. The agreement will finance the construction of new drillships, Pacific Sharav and Pacific Meltem.