Truist Bank Archives

Truist and Bank of America Provide $350MM Credit Facility to Capteris

Capteris closed a new $350 million credit facility to support the growth of its equipment finance business. Truist Bank is serving as administrative agent and Bank of America is also partnering with Capteris on the facility.

September 8, 2023 Bank of America | Brian Nethercott | Capteris | Eric Dusch | Truist Bank Phil Neuffer

JPMorgan Chase Bank Provides $1B Credit Facility to First Solar

First Solar entered into a five-year revolving credit and guarantee facility for $1 billion. The facility includes up to $250 million which is available for the issuance of letters of credit. JPMorgan Chase Bank acted as lead arranger and is administrative agent for the facility.

Lender Syndicate Amends Ritchie Bros.’ Credit Agreement to Support IAA Merger

Ritchie Bros. closed an amendment to its credit agreement with a syndicate of lenders to support the closing of its proposed merger with IAA. BofA Securities, RBC Capital Markets, Goldman Sachs and Wells Fargo Securities served as joint bookrunners for the agreement.

Truist Bank Leads $240MM Senior Secured Facility for Main Street Capital

Main Street Capital and its wholly owned subsidiary, MSCC Funding I (SPV), entered into a senior secured revolving credit facility led by Truist Bank, with Truist serving as administrative agent and as one of three initial lenders under the facility.

November 28, 2022 Main Street Capital | MSCC Funding I | Truist Bank Ian Koplin

Wells Fargo Leads $800MM Credit Facility for Federal Signal

Federal Signal, a provider of environmental and safety solutions, completed a new five-year, $800 million credit facility to replace its existing $500 million credit facility. Wells Fargo will serve as administrative agent, swingline lender and issuing lender for the facility.

JPMorgan Chase Leads Syndicate Amending $70MM Credit facility for Avid

Avid, a technology provider that powers the media and entertainment industry, entered into an amended secured credit facility with JPMorgan Chase Bank and a syndicate of banks, including $186.7 million in senior secured term loans and a $120 million unfunded revolving line of credit.

Whitestone REIT Amends and Extends $515 Million Credit Facility with Syndicate of Lenders

Whitestone REIT amended and extended its $515 million credit facility, comprised of a $250 million revolver and $265 million term loan.

TD, Truist and BMO Increase Whole Earth Brands’ Revolver to $125MM

TD Bank, Truist Bank and BMO Harris Bank participated in a $50 million increase to Whole Earth Brands’ existing revolving credit facility, which was originally agented by TD Securities. The revolver was increased from $75 million to $125 million.

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.

AMETEK Amends and Restates Credit Facility, Increasing Amount by $800MM

AMETEK completed an amended and restated revolving credit facility, increasing the size from $1.5 billion to $2.3 billion. JPMorgan Chase Bank, Bank of America, PNC Bank, Truist Bank and Wells Fargo Bank, acted as joint lead arrangers and joint book managers for the credit facility.

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