According to the annual Business Pulse Survey by SunTrust Bank, 73% of surveyed U.S. business leaders say the outlook for their own business is strong.
Federal Reserve to Host Public Meetings on BB&T/SunTrust Merger
March 15, 2019
The Federal Reserve Board and the FDIC will jointly hold two public meetings on the proposed merger of BB&T and SunTrust Banks.
SunTrust Agents $210MM Credit Facilities for Zix
February 21, 2019
SunTrust Bank served as administrative agent on $210 million in credit facilities for Zix, a provider of e-mail security solutions.
BB&T, SunTrust to Merge in $66B Deal
February 7, 2019
SunTrust Bank and BB&T signed a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the sixth-largest U.S. bank based on assets and deposits.
OnDeck Receives $85MM Revolver Arranged by SunTrust, SVB
February 7, 2019
Small business online lender OnDeck closed an $85 million corporate revolving credit facility. SunTrust Bank and Silicon Valley Bank served as arrangers on the facility, while MB Financial Bank and Congressional Bank joined them as lenders.
JPMorgan Chase, BofAML Arrange $145MM Facility for Jam City
January 17, 2019
JPMorgan Chase Bank acted as sole bookrunner and, alongside Bank of America Merrill Lynch, joint lead arranger on $145 million in strategic financing for mobile game developer Jam City.
SunTrust, KeyBanc to Provide $200MM Facilities to Support Zix
January 15, 2019
SunTrust Bank and KeyBanc Capital Markets committed to providing e-mail security experts Zix with a new five-year $175 million term loan and a $25 million revolving credit facility.
Wells Fargo Agents New $25MM Term Loan for Stage Stores
January 14, 2019
Wells Fargo Bank acted as administrative agent, collateral agent and term loan agent on a new $25 million term loan for Stage Stores, bringing the total availability under the company’s senior secured revolver to $475 million.
SunTrust Amends Healthstream Revolver
January 7, 2019
SunTrust Bank acted as administrative agent, issuing bank and swingline lender on an amendment to Healthstream’s revolving credit facility, extending the maturity date to November 24, 2020.
SunTrust Agents $130 Upsize on Priority Technology Facility
January 2, 2019
SunTrust Bank acted as both administrative and collateral agent on a $130 million increase to Priority Tehcnology’s senior secured credit facility in support of the company’s acquisition of certain merchant portfolio assets.
