TD Bank expanded its global financial institutions investment banking team in the U.S. as well as other product areas, including equity sales, equity capital markets, debt capital markets and equity research.
TD Bank named Mike Nursey commercial market president for North Florida. Nursey joined TD in 2012 as regional vice president of the northeast Florida region before he advanced to serve as TD’s commercial market president in Central Florida.
TD Bank appointed Jill Gateman the new head of middle-market products and services. Gateman joined TD Bank from PNC, where she served as executive vice president and co-head of corporate banking.
Stampede Drilling entered into a new $50 million credit agreement with HSBC Bank Canada and TD Bank, consisting of a $20 million term loan and two $15 million revolvers.
The Liberty Company Insurance Brokers, a privately held insurance brokerage, completed a $340 million refinancing transaction on July 31. J.P. Morgan is the administrative agent for the facility, which includes a revolving credit facility, term loan and delayed-draw term loan.
The Eastern Company, an industrial manufacturer of engineered solutions serving commercial transportation, logistics and other industrial markets, established a new five-year, $90 million senior secured credit facility. TD Bank was the lead arranger for the transaction.
NFI Group, an independent bus and coach manufacturer, is working to complete a comprehensive refinancing plan, which will include amendments to its existing senior secured credit facilities.
FirstLight Power, a clean power producer, developer and energy storage company serving North America, completed the expansion of its corporate credit facility led by Royal Bank of Canada, TD Bank and Export Development Canada, the latter of which joined the facility with this expansion.
TD Bank and First Horizon entered into a mutual agreement to terminate their previously announced merger agreement, originally announced on Feb. 28, 2022.
Non-prime consumer lender goeasy exercised the accordion feature of its revolving credit facility, increasing the facility to $370 million. A banking syndicate including BMO continues to underwrite the facility.