U.S. Bank Archives - ABFJournal

Risk Management Soars Past Revenue Growth as Top Priority for Finance Leaders

According to U.S. Bank’s 2022 CFO Insights Report, finance leaders’ priorities have shifted as they work to help guide their firms through choppy waters, with risk identification among the most cited top priorities among survey respondents.

November 1, 2022 Stephen Philipson | U.S. Bank Phil Neuffer

US Bank’s MUFG Union Bank Acquisition to Close Dec. 1

Mitsubishi UFJ Financial Group (MUFG) reported that the final required regulatory approvals for the sales of MUFG Union Bank to U.S. Bank have been obtained, with the acquisition now expected to close on Dec. 1.

October 19, 2022 Mitsubishi UFJ Financial Group | MUFG | MUFG Union Bank | U.S. Bank Ian Koplin

US Bank Receives All Required US Regulatory Approvals for MUFG Acquisition

U.S. Bank has received all required U.S. regulatory approvals to complete its previously announced acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group (MUFG).

October 17, 2022 Andy Cecere | Mitsubishi UFJ Financial Group | MUFG Union Bank | U.S. Bank Ian Koplin

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.

US Bank Closes $380MM Senior Secured Credit Facility with AmeriTex Holdings

AmeriTex Holdings closed $380 million in senior secured credit facilities with U.S. Bank to combine with its $35 million in current subordinated notes with Prudential Capital Partners to continue its growth in products and other capabilities to best serve its Texas contractor customers.

Wabtec Amends and Restates Credit Agreement with PNC Bank and Group of Lenders

Wabtec signed an amended and restated credit agreement that will increase the size of its existing revolving credit facility from $1.2 billion to $1.5 billion and added a $250 million delayed draw term loan facility.

Fields-Elizalde Joins US Bank’s Asset-Based Finance Division as VP

Benjamin Fields-Elizalde joined U.S. Bank’s asset-based finance division as vice president. Fields-Elizalde will lead efforts to provide asset-based credit solutions for businesses across Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah and Wyoming.

June 16, 2022 Benjamin Fields-Elizalde | Sam Philbrick | U.S. Bank Ian Koplin

US Bank and LiquidX Form Collaborative Agreement

U.S. Bank entered into a collaboration agreement with trade finance fintech LiquidX to help expedite and simplify supply chain transactions between suppliers and buyers.

May 11, 2022 Dan Son | Jim Toffey | LiquidX | U.S. Bank Ian Koplin

Regions Bank-Led Consortium Provides $1.5B Sustainability-Linked Revolver to Protective Life

Protective Life Corporation and its principal subsidiary, Protective Life Insurance, closed a five-year, $1.5 billion sustainability-linked revolving credit facility, which replaces its current $1 billion revolving credit facility. Regions Bank is the administrative agent for the facility.

US Bank Enters $15MM Revolving Credit Agreement with The Swiss Helvetia Fund

The Swiss Helvetia Fund, a non-diversified registered closed-end investment company, entered into a secured credit agreement with U.S. Bank that provides the fund with up to $15 million of funding on a revolving basis, subject to a limit of 10% of the fund’s available assets.

April 4, 2022 The Swiss Helvetia Fund | U.S. Bank Ian Koplin

Tag Archives: U.S. Bank