Air Transport Services Group has extended its senior secured credit facility until November 30, 2024, expanded the facility’s revolver portion, consolidated and lowered its term loans, and reduced pricing to immediately lower interest cost.
SunTrust Agents $290MM Facility for Apollo Medical
September 16, 2019
Apollo Medical Holdings closed a new $290 million credit facility consisting of a $190 million senior secured term loan and a $100 million revolving credit facility.
SunTrust Downsizes NN Revolver to $110MM
June 18, 2019
NN amended its credit facility, reducing the amount available under the company’s senior secured revolver from $125 million to $110 million.
BB&T, SunTrust CEOs Discuss Merger of Equals at Fed
April 26, 2019
BB&T Chairman and CEO Kelly S. King and SunTrust chairman and CEO William H. Rogers, Jr., spoke at a joint public meeting of the Federal Reserve Board and the Federal Deposit Insurance Corporation on the proposed merger of equals between BB&T and SunTrust Banks.
SunTrust Survey: Businesses Boosting Financial Perks to Retain Employees
April 1, 2019
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.
