Tag Archives: U.S. Bank

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.

BNP Paribas-Led Group Refinances $1.75B Sustainability-Linked Revolver for Bunge

Bunge closed on the refinancing of its $1.75 billion, three-year revolving credit facility. BNP Paribas, Credit Agricole, ING Bank, Natixis and Sumitomo Mitsui Banking Corporation served as active bookrunners, mandated lead arrangers and coordinators on the transaction.

RBC-Led Syndicate Provides $500MM Term Loan to Installed Building Products

Installed Building Products closed a seven-year, $500 million term loan with RBC Capital Markets, BofA Securities and Goldman Sachs Bank. Royal Bank of Canada will serve as term administrative agent and term collateral agent for the new term loan.

JPMorgan Chase-Led Syndicate Amends and Extends $825MM Credit Facility for Essent Group

Essent Group amended its credit facility to increase the total facility from $625 million to $825 million. JPMorgan Chase Bank, BofA Securities and Royal Bank of Canada Capital Markets acted as joint lead arrangers and joint bookrunners for the credit 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.

Wells Fargo Securities Leads Credit Facility Upsize for TTEC Holdings

TTEC Holdings amended and extended its credit facility, increasing the total commitment amount by $300 million to $1.5 billion and extending the maturity to November 2026. Commitments were provided by a syndicate of banks, with Wells Fargo Securities serving as left lead arranger.

Capital One-Led Syndicate Upsizes Accel Entertainment’s Credit Facility to $900MM

Accel Entertainment, a distributed gaming operator in the U.S., amended its existing senior secured credit facility to increase its borrowing capacity from $438 million to $900 million with a new five-year term with a syndicated group of banks. Capital One acted as the administrative agent for the facility.