Bank of America Securities served as sole bookrunner and joint lead arranger for a renewed $420 million credit facility for McGrath RentCorp.
Kimco Realty closed a new $2 billion revolving credit facility with commitments from 21 lending institutions, replacing the company’s existing $2.25 billion unsecured revolving credit facility.
Newmark entered into an agreement to amend the terms of its senior revolving credit facility, increasing its size to $425 million and extending the maturity date to February 26, 2023.
Toll Brothers entered into a five-year $1.905 billion revolving credit facility to replace the company’s existing $1.295 billion revolving credit facility, which was scheduled to mature in May 2021.
CRH Medical has entered into a new, three-year revolving credit facility which provides up to $200 million in borrowing capacity, and represents an increase from the company’s previous $100 million facility.
U.S. Bank has hired real-time payments industry veteran Peter Gordon to lead emerging payments efforts across the company.
LendingPoint closed a committed, $250 million credit facility arranged by Guggenheim Securities. The credit facility has an accordion feature, which allows it to increase the size of the credit facility to up to $500 million.