Brink’s closed a $1.5 billion credit facility that includes a $1 billion senior secured revolving credit facility and a $500 million senior secured term loan A. Wells Fargo served as administrative agent for the transaction.
ABM Industries completed the acquisition of GCA Services Group for approximately $1.25 billion. Bank of America served as administrative agent for a $900 million revolving credit facility and an $800 million term loan to support the transaction.
Toymaker Hasbro amended its credit agreement with Bank of America as administrative agent. The new agreement increased the aggregate size of the facility to $1 billion and provided for a $700 million revolving credit facility.
Oceaneering extended the maturity on its $300 million term loan and $500 million revolving credit facility to October 25, 2020 and October 25, 2019 respectively. Wells Fargo was administrative agent for the transaction.
Richie Bros. Auctioneers closed a $1 billion credit facility to partially fund its IronPlanet acquisition and provide the company with enhanced financial flexibility. Bank of America served as administrative agent.
Olam International, a global agri-business operating in 70 countries, secured a revolving credit facility aggregating $2 billion with an international syndicate of more than 20 banks.
Adient Global closed a $1.5 billion term loan A and a $1.5 billion revolving credit facility. The net proceeds are intended to be used to make approximately $3 billion in cash tranfers to Johnson Controls in connection with its spin-off.
Noble Group closed a $2 billion revolving borrowing base facility with a a group of banks led by The Bank of Tokyo-Mitsubishi and Société Générale as joint lead arrangers and joint bookrunners.
Focus Financial announced the close of a $400 million credit facility. Bank of America, others supported the new facility that can be increased by $150 million through the utilization of an accordion feature.
According to an SEC filing dated September 12, 2013, Caterpillar Financial Services entered into an unsecured aggregate revolving credit facility of up to $3 billion. Citibank acted as agent.