U.S. Bancorp Appoints Dolan Vice Chairman, CFO
U.S. Bancorp has named Terry Dolan vice chairman and chief financial officer, replacing Kathy Rogers who will remain with the company in a leadership role.
U.S. Bancorp has named Terry Dolan vice chairman and chief financial officer, replacing Kathy Rogers who will remain with the company in a leadership role.
Park National entered into a $10 million revolving credit facility with U.S. Bank.
Nortek has successfully completed amendments to its asset-based revolving credit agreement, increasing it from $300 million to $325 million. Bank of America and Wells Fargo Capital Finance acted as joint lead arrangers.
Intrepid Potash reached an agreement with its lender group to reduce its credit facility and extend the covenants until June 30, 2016. U.S. Bank served as administrative agent.
Genesis Energy announced an increase in total commitments under its senior secured credit facility to $1.7 billion. Wells Fargo served as administrative agent for the lender group.
Willis Lease Finance expanded its $700 million revolver by over 40% to $1 billion. MUFG Union Bank served as administrative agent for a syndicate of 13 banks.
Holly Energy Partners amended its existing revolving credit facility to increase the maximum amount from $850 million to $1.2 billion. Wells Fargo served as administrative agent for the transaction.
U.S. Bank promoted two leaders, Ross Carey and Steve SaLoutos. Carey will lead Small Business, and SaLoutos will lead Metropolitan Banking.
TeleTech secured a $900 million credit facility with an accordion feature to increase up to $1.2 billion. Wells Fargo Securities, Bank of America Merrill, BBVA Compass, HSBC, Bank of the West and KeyBank served as joint lead arrangers.
U.S. Bankcorp has promoted Andrew Cecere, currently vice chairman and COO, to president.