Guggenheim Arranges $250MM Facility for LendingPoint

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.

Wells Fargo Agents $150MM Term Loan for Patterson-UTI

Patterson-Uti Energy entered into a $150 million senior term loan agreement maturing in June 2022. Wells Fargo Bank served as administrative agent, co-lead arranger and lender.

U.S. Bank Names Shade Arizona Market President

Joshua Shade has been named U.S. Bank’s Arizona market president.

TD Supports FirstService Acquisition of Global Restoration

FirstService has completed its acquisition of approximately 95% of Global Restoration Holdings for a purchase price of approximately $505 million. TD Bank led a $890 million facility to support the transaction.

MUFG Upsizes Willis Lease Revolver to $1B

Willis Lease Finance expanded its $890 million revolving credit facility to $1 billion. MUFG served as administrative agent for the transaction.

White Joins US Bank as Chief Digital Officer

U.S. Bank has hired Derek White as chief digital officer responsible for leading the company’s newly combined digital team.

WFS, BofA, Others Arrange $900MM Facility for TTEC

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

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

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

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.