Concurrent with its acquisition of CRH Medical, WELL Health Technologies entered into an amended senior secured credit arrangement with up to $300 million of available credit. JPMorgan, CIBC and HSBC Bank Canada led the syndicate of lenders providing the facility.
American Homes 4 Rent closed a $1.25 billion sustainability-linked revolving credit facility, amending its existing $800 million revolving credit facility. A total of 15 lenders participated in the facility, including Wells Fargo Bank as administrative agent.
Apartment Income REIT closed a new $1.4 billion credit facility. PNC Capital Markets and Wells Fargo Securities led the syndication as joint bookrunners and lead arrangers. PNC Bank is also the administrative agent and sustainability agent for the facility.
Blue Racer Midstream completed an amendment and restatement of its existing revolving credit facility, providing up to $750 million of borrowing capacity and extending the facility’s maturity date by three years to 2025. Wells Fargo Securities acted as sole bookrunner for the facility.
TTEC Holdings, a customer experience software firm, amended its credit facility by exercising its accordion feature to increase the total commitments by $300 million to $1.2 billion. Incremental commitments were provided by a syndicate of banks arranged by Wells Fargo.
U.S. Bank named Derek Martin St. Louis market president, succeeding Larry Otto, who retired on March 19. With this new role, Martin will lead the commercial banking group in the St. Louis market and direct U.S. Bank initiatives across the region.
Digi International entered into an amended and restated credit agreement with BMO Harris Bank as administrative agent and collateral agent. The new facility provides Digi with a $200 million senior secured revolving credit facility with an option to increase the size of the facility by $75 million.
NextGen Healthcare entered into a $300 million second amended and restated revolving credit agreement with JPMorgan Chase as administrative agent, U.S. Bank and Bank of the West as co-syndication agents, and certain other agents and lenders.
Umpqua Bank added Dave Ericksen to its Pacific Northwest middle market banking leadership team as senior vice president and middle market director. Prior to Umpqua, Ericksen most recently served as an enterprise banker at Key Bank.
U.S. Bank appointed Marcus Martin managing director and head of environmental, social and governance for its fixed income and capital markets business.