Tag Archives: Truist Bank

Bank of America Leads $4.3B Credit Facility for PBF Energy

PBF Energy completed a multi-year extension of its asset-based revolving credit facility, with an aggregate commitment of $4.3 billion. Bank of America is the joint lead arranger, joint bookrunner and administrative agent for the 35-bank syndicate participating in the credit facility.

Bank of America Leads Lender Group Providing $700MM Credit Facility to Sprouts Farmers Market

Sprouts Farmers Market closed a $700 million revolving credit facility under a credit agreement dated as of March 25. Bank of America acted as administrative agent, issuing bank and swingline lender for the facility.

Citibank Extends Eastman Chemical’s $1.5B Unsecured Revolver

Eastman Chemical Company amended and extended its $1.5 billion five-year unsecured revolving credit facility. The amended credit agreement was entered into with 15 banks, led by Citibank as administrative agent, joint lead arranger and co-sustainability agent.

SC&H Capital Advises Sale of Electronic Data Magnetics to Paragon Group ID

Electronic Data Magnetics, a client of SC&H Capital, an investment bank specializing in M&A advisory, completed a going concern sale of its 38-year-old family-owned-and-operated manufacturing company to Paragon Group ID, a French société anonyme.

Truist Agents New $400MM Credit Facility for Apollo Medical Holdings

Apollo Medical Holdings refinanced its existing term loan and revolving credit facility with a new five-year revolving credit facility of $400 million. Truist Bank served as administrative agent.