SunTrust Names Fitzsimmons General Counsel
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.
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.
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.
PennantPark Floating Rate Capital amended its multi-currency, senior secured credit facility to increase the size from $375 million to $380 million and extend the reinvestment period to November 9, 2020. SunTrust served as administrative agent for the transaction.
BlueVine closed up to $130 million in new debt financing to enable the online invoice factoring lender to rollout new products.
BlueLinx Holdings closed a new five-year $335 million syndicated secured asset-based revolving credit facility. Wells Fargo served as administrative agent.
A subsidiary of Textainer Group refinanced its credit agreement to extend its term loan and lower the rate on its warehouse facility. PNC, Fifth Third and Everbank Commercial Finance have joined the syndicate of lenders.
SunTrust Bank and its Dealer Financial Services division, led by Chuck Jones, promoted four underwriters to vice president.
Modular carpet company Interface amended its credit facility with Bank of America as administrative agent. The facility now includes a $250 million multicurrency revolver and a $177.5 million term loan.
Wireless medical technology firm BioTelemetry completed its acquisition of Swiss-based LifeWatch. SunTrust Bank provided a $205 million term loan to support the acquisition.
Rent-A-Center amended its credit agreement with its existing bank group with JPMorgan as administrative agent. The amended facility extends through March 2019 and provides the company with the additional liquidity and flexibility needed to execute its strategic plan to drive growth and improve profitability.