OnDeck amended and restated its existing $119.7 million asset-backed revolving debt facility with SunTrust Bank as administrative agent and Wells Fargo as paying agent and collateral agent.
BMO Harris Agents $500MM Facility for Lilis Energy
October 11, 2018
Lilis Energy entered into a five-year, $500 million credit agreement. The credit agreement provides for a senior secured reserve based revolving credit facility with an initial borrowing base of $95 million.
SunTrust Agents Goldman Sachs BDC Revolver Amendment
September 18, 2018
Goldman Sachs BDC amended its senior secured revolving credit agreement to, among other things, reduce the company’s minimum asset coverage ratio financial covenant from 200% to 150%. SunTrust served as administrative agent for the transaction.
RBC Leads $250MM Facility for Pawnee Leasing
August 20, 2018
Pawnee Leasing, the largest subsidiary of the Chesswood Group, completed a $250 million warehouse facility led by Royal Bank of Canada.
SunTrust Provides $55MM Facility to PACE Funding Group
August 16, 2018
PACE Funding Group closed a $55 million warehouse credit facility with SunTrust Bank. Rosemawr Management is also participating in the facility.
J.P. Morgan Leads Legendary Entertainment $1B Revolver
June 29, 2018
Legendary Entertainment closed a $1 billion senior secured revolving credit facility led by J.P. Morgan.
Morgan Stanley Agents New $150MM Term Loan for Zayo
February 27, 2018
Zayo Group amended its credit facility, adding a new $150 million term loan trannche.
Citizens Upsizes VSE Facility to $500MM
January 9, 2018
VSE amended its credit agreement with Citizens Bank as administrative agent, increasing the term loan to $100 million, the revolving credit facility to $300 million and the incremental facility from $75 million to $100 million.
SunTrust Names Fitzsimmons General Counsel
January 4, 2018
SunTrust Banks named Ellen M. Fitzsimmons general counsel and corporate executive vice president. She succeeds Raymond D. Fortin, who is retiring after a 40-year career.
JPMorgan Agents $1.69B Agreement for Weight Watchers International
December 1, 2017
Weight Watchers International closed a new credit agreement consisting of a $1.54 billion senior secured tranche B term loan and a $150 million senior secured revolving credit facility.
