Tag Archives: Truist Securities

BofA and MUFG Lead $1.4B Revolving Credit Facility for Ryder

Ryder executed a five-year, $1.4 billion global revolving credit facility, which includes 11 global institutions and will expire on Dec. 14, 2026. BofA Securities and MUFG Bank acted as joint bookrunners and joint lead arrangers for the facility.

JPMorgan, Citi, RBC and Truist Expand NMI’s Revolving Credit Facility to $250MM

NMI Holdings amended its senior secured revolving credit facility, increasing the revolving capacity to $250 million and extending the maturity from Feb. 22, 2023, to Nov. 10, 2025. JPMorgan Chase Bank, Citibank, RBC Capital Markets and Truist Securities served as joint lead arrangers.

Netmarble, Kabam & Fortress Provide $350MM Equity & Debt Financing to Support Jam City Acquisition

Jam City, a mobile entertainment company, completed the acquisition of mobile game studio Ludia from Fremantle for $165 million. Jam City raised $350 million in equity and debt financing from Netmarble, Kabam and affiliates of funds managed by Fortress Investment Group.

Bank of America Amends and Extends Rite Aid’s $3.15B Credit Agreement

Rite Aid entered into an amendment to its senior secured credit agreement, which consists of a $2.8 billion senior secured asset-based revolving credit facility and a $350 million first in, last out senior secured term loan. Bank of America will continue to act as administrative agent for the facilities.