JPMorgan Agents $1.75B Cardinal Health Facility
Cardinal Health entered into an amended and restated five-year credit agreement with JPMorgan Chase Bank as administrative agent, joint lead arranger and joint book manager.
Cardinal Health entered into an amended and restated five-year credit agreement with JPMorgan Chase Bank as administrative agent, joint lead arranger and joint book manager.
Automatic Data Processing (ADP) entered into a $3.25 billion 364-day credit agreement and a $3.75 billion five year credit agreement with a group of lenders. JPMorgan Chase served as administrative agent for the transactions.
NCR refinanced its senior secured credit facilities, which now consist of a $900 million term loan and a $1.1 billion revolver. JPMorgan Chase served as administrative agent, joint lead arranger and joint bookrunner for the transaction.
Cheniere Energy Partners has closed on the previously announced approximately $2.8 billion of senior secured credit facilities. Bank of America and JPMorgan Chase are among 16 banks that provided the facility.
Paul Hastings represented Nemak, a global independent manufacturer of high-tech, complex aluminum components for the automotive industry, in a $300 million term loan facility.
Freeport LNG Expansion’s subsidiary FLNG Liquefaction entered into definitive agreements for approximately $3.85 billion of capital required for the development of Freeport LNG’s first train facility.
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.
LKQ announced it closed an amendment to its credit facility that increased the aggregate amount available thereunder from $1.8 billion to $2.3 billion.
Paul Hastings announced it represented J.P. Morgan Securities, RBS Securities, Barclays Bank, Wells Fargo Securities and others in connection with a $300 million facility for Valero Energy.
Bloomberg reported that Bank of America, Deutsche and others boosted the CME Group’s credit line from $5 billion to $7 billion.