U.S. Bank Archives - ABFJournal

BofA Securities et al. Lead Refinancing of Revolving Credit Facility for Enviri

Enviri has amended and extended its senior secured revolving credit facility. The amendment was led by BofA Securities, BMO Capital Markets, Goldman Sachs Bank USA, PNC Bank and Fifth Third Bank. U.S. Bank, JPMorgan Chase Bank and HSBC Securities also participated in the transaction.

U.S. Bank: 73% of Small Businesses Have Grown Despite Labor Challenges

Almost three quarters (73%) of American small business owners say their business has grown in the last year, with even higher percentages for Black (84%) and Hispanic (80%) owners, according to the U.S. Bank 2024 Small Business Perspective.

Kotwal to Retire from U.S. Bank in H1/25

Shailesh Kotwal, vice chair of payment services at U.S. Bancorp, the parent company of U.S. Bank, intends to retire from the company in the first half of 2025.

August 26, 2024 Gunjan Kedia | Retirement | Shailesh Kotwal | U.S. Bancorp | U.S. Bank Brianna Wilson

United Leasing & Finance Secures $425MM Million Credit Facility with BofA, U.S. Bank and Truist

United Leasing & Finance closed a $125 million revolving credit facility and a $300 million warehouse facility. These strategic facilities will significantly enhance the company’s capacity to support the equipment needs of its growing customer base.

U.S. Bancorp Appoints Roy to U.S. Bank Managing Committee

U.S. Bancorp, parent company of U.S. Bank, named Arijit Roy as the newest member of its managing committee, a group of 16 executives with various responsibilities for the organization’s revenue lines, enabling functions and independent risk teams.

August 9, 2024 Andy Cecere | Arijit Roy | Managing Committee | U.S. Bancorp | U.S. Bank Brianna Wilson

Whiskey House Secures $145MM in Long-Term Capital from Syndicate of Banks

Whiskey House of Kentucky successfully closed a five-year, $115 million syndicated credit facility from Truist Bank, U.S. Bank, First Horizon Bank, Rabobank and CoBank. The financing consists of a $90 million senior secured term loan and a $25 million revolving credit facility.

U.S. Bancorp Expands WCIB Business, Forms Institutional Client Group

U.S. Bancorp, the parent company of U.S. Bank, expanded leadership roles for Stephen Philipson and Felicia La Forgia as part of an effort to strategically position the bank’s wealth, corporate, commercial and institutional banking (WCIB) team.

U.S. Bancorp Promotes Kedia to President

U.S. Bancorp hired Gunjan Kedia as its new president, reporting to Andy Cecere, who will retain the title of chairman and CEO. In this role, Kedia will oversee the company’s three business lines, ensuring a shared focus on growth and holistic client experiences across its entire network.

May 6, 2024 Andy Cecere | Gunjan Kedia | President | U.S. Bancorp | U.S. Bank Brianna Wilson

U.S. Bank CFO Survey: Corporate Finance Leaders Tighten Belts Amid Uncertainty

U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report.

April 26, 2024 CFO Survey | Stephen Philipson | U.S. Bank Brianna Wilson

U.S. Bank Appoints DuPont to Newly-Created Healthcare/SBA Credit Leader Role

U.S. Bank hired Brian DuPont as healthcare/SBA segments credit leader, a newly created role that will support healthcare and Small Business Administration lending at the bank. DuPont joined U.S. Bank from Bank of America, bringing 29 years of lending expertise in the healthcare, conventional and SBA credit spaces.

April 8, 2024 Brian DuPont | Credit Leader | U.S. Bank Phil Neuffer

Tag Archives: U.S. Bank