Tag Archives: U.S. Bank

JPMorgan Agents $3B Facilities to Support Adient Spin-off

Adient Global closed a $1.5 billion term loan A and a $1.5 billion revolving credit facility. The net proceeds are intended to be used to make approximately $3 billion in cash tranfers to Johnson Controls in connection with its spin-off.

U.S. Bank Agents Lithia Motors Facility Upsize to $2.05B

Lithia Motors amended its credit agreement to increase its existing facility by $300 million to $2.05 billion and extended the maturity to July 2021. U.S. Bank served as administrative agent.