U.S. Bank Community Development Corporation will provide $1.15 million in grants to more than a dozen Black-led Community Development Financial Institution partners and a grant to the African American Alliance of CDFI CEOs.
U.S. Bank hired Elcio Barcelos as senior EVP and chief human resources officer and promoted Greg Cunningham to senior EVP and restructured his role as chief diversity officer to report directly to the chairman, president and CEO of the bank. The bank also promoted Dominic Venturo to senior EVP and chief digital officer.
In conjunction with a $150 million capital raise by Ares Management for IGS Resi Solar III, ING arranged a seven-year, $146 million senior secured financing for IGS Resi OpCo II.
JPMorgan Chase Bank served as administrative agent and U.S. Bank served as syndication agent on the first amendment to The Marcus Corporation’s credit agreement, providing the company with a new $90.8 million 364-day senior term loan A.
According to an 8K filed with the SEC, JPMorgan Chase served as administrative agent on the refinancing of Office Depot’s existing asset-based credit facility, which now consists of a $1.2 billion revolving credit facility and a $100 million first-in, last-out facility.
According to an 8K filed with the SEC, U.S. Bank served as disbursing and collateral agent on an amendment to a term loan agreement for Quantum while PNC Bank served as administrative agent for an amendment to the company’s revolving credit agreement.
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.