Regional Management, a diversified consumer finance company, and its wholly-owned subsidiary, Regional Management Receivables II, have entered into a revolving $125 million warehouse facility. The company also increased its line under its senior revolving credit facility to $638 million.
Installed Building Products entered into a new five-year, $325 million senior secured credit facility with an accordion feature. KeyBank was lead arranger, sole bookrunner and administrative agent.
Synovus Financial announced its board of directors nominated Tim E. Bentsen, former audit partner of KPMG, and Dr. Harris Pastides, president of the University of South Carolina, to stand for election as directors.
Synovus announced it will celebrate 125 years as a banking organization through a series of events across the company’s five-state footprint.