Avnet entered into a new credit facility, increases its borrowing capacity to $1.25 billion. Bank of America will continue to act as administrative agent, swing line lender and letter of credit issuer.
North American Palladium announced it extended its $60 million revolver with The Bank of Nova Scotia by a year on the same terms and conditions.
Allied Nevada Gold has signed a third amended and restated credit agreement with The Bank of Nova Scotia and Wells Fargo Bank that increases borrowing capacity from $40 million to $75 million.
Lucara Diamond announced that it has renewed its revolving term credit facility with The Bank of Nova Scotia for a three-year term and an increased limit of $50 million.
Bloomberg reported that Bank of America, Deutsche and others boosted the CME Group’s credit line from $5 billion to $7 billion.
Quebecor Media announced the closing of a seven-year, $350 million term loan B credit facility. Citigroup Global Markets, RBC Capital Markets and The Bank of Nova Scotia acted as joint lead arrangers and joint book managers.