TTEC Holdings amended and extended the terms of its credit facility, securing a $900 million, multi-currency revolving credit facility through 2024 on favorable terms.
U.S. Bank Launches ABL Securitization Lending Business
January 30, 2019
U.S. Bank launched a new asset backed securitization lending business, which will provide non-recourse commitments secured by consumer and commercial receivables.
PNC, US Bank Agent $210MM in Facilities for Quantum
January 2, 2019
Quantum completed a $210 million refinance of its current debt facilities, consisting of a new $165 million senior secured term loan and a $45 million revolver. PNC and U.S. Bank served as agents on the facilities.
Citizens Agents Amendment to $265.2MM Facility for ANI
December 28, 2018
Pharmaceutical manufacturer ANI Pharmaceuticals entered an amended and restated five-year senior secured credit facility for up to $265.2 million with Citizens Bank as administrative agent and lead arranger.
Wells Fargo, US Bank Agent $25MM Upsize on BDCA Revolver
December 27, 2018
Wells Fargo acted as administrative agent and U.S. Bank as collateral agent, account bank and collateral custodian on an amendment to Business Development Corporation of America’s revolving credit facility.
US Bank Agents $150MM Restated Revolver for Hawkins
December 4, 2018
Hawkins closed on an amended and restated credit agreement in the form of a $150 million senior secured revolving credit facility. U.S. Bank served as administrative agent, sole lead arranger and sole book runner on the transaction.
JPMorgan Chase Agents New $750MM Facilities for AmTrust Financial
November 30, 2018
JPMorgan Chase served as administrative agent and issuing bank on a $350 million term loan facility and a $400 million revolving credit facility for AmTrust Financial Services.
US Bank Upsizes Orchids Paper Products LoC by $5.9MM
November 26, 2018
Orchids Paper Products amended its credit agreement with U.S. Bank and other lenders, increasing its borrowing capacity under the revolving line of credit by $5.9 million.
BofA, US Bank Arrange $100MM Credit Facility for EnviroStar
November 6, 2018
Bank of America and U.S. Bank acted as joint lead arrangers on a new five-year, $100 million syndicated credit facility for EnviroStar. Fifth Third Bank also participated in the facility.
Wells Fargo Agents $650MM Facility for Churchill Downs Casino Recap
November 2, 2018
Churchill Downs agreed to acquire ownership interests in Midwest Gaming Holdings. Following the sale, Wells Fargo will agent a new revolving credit and term loan agreement of up to $650 million for Midwest.
