TPG Specialty Lending has increased its revolving credit facility from $1.245 billion to $1.315 billion and extended the final maturity date by approximately one year, to January 31, 2025.
SunTrust Robinson Humphrey served as sole lead arranger and SunTrust Bank as administrative agent in closing a $60 million syndicated corporate credit facility for Electric Entertainment.
Toll Brothers entered into a five-year $1.905 billion revolving credit facility to replace the company’s existing $1.295 billion revolving credit facility, which was scheduled to mature in May 2021.
USA Truck completed an amended and restated $225 million revolving credit facility with a group of banks and Bank of America as agent.
SunTrust Robinson Humphrey served as lead on $800 million in debt facilities, consisting of a $600 million term loan A and a $200 million delayed draw tranche, for WaterBridge Resources.
Rite Aid entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility. Bank of America served as both administrative and collateral agent on the facilities.
PennantPark Floating Rate Capital upsized its credit facility led by SunTrust Robinson Humphrey to $520 million from $405 million.
Landmark Infrastructure Partners obtained commitments from a syndicate of banks for an amended and restated $450 million five-year revolving credit facility arranged by SunTrust Robinson Humphrey and Citizens Financial.
SurveyMonkey, along with its parent company, SVMK, amended its 2017 refinancing facility agreement with a $220 million term loan and a $75 million revolving loan. It also paid down over $100 million of its outstanding debt.
Ares Capital completed all necessary amendments to its $2.1 billion revolving credit facility led by Bank of America, J.P. Morgan and SunTrust Robinson Humphrey. It also amended its $1 billion revolver led by Wells Fargo.