UBS Securities Archives - Page 2 of 3

Wells Fargo Agents $200MM Upsize for CVR Refining

CVR Refining and its subsidiaries amended the company’s ABL credit agreement, allowing for an increase in borrowings of up to $200 million.

Credit Suisse Agents $1.8B Term Loan for TransDigm

TransDigm closed a term loan of $1.8 billion maturing in 2024 at a rate of LIBOR + 3.00% and repaid in full the existing tranche C term loans, pursuant to an amendment to its existing credit agreement.

RBC, SunTrust Agent $400MM Installed Building Products Refi

Installed Building Products entered into a $300 million term loan B facility and a $100 million ABL facility. Royal Bank of Canada and SunTrust Bank served as administrative agent for the facilities.

Credit Suisse Agents $1.43B Facility for Caesars

Caesars Entertainment and its Chapter 11 debtor subsidiaries finalized pricing of $1.435 billion of senior secured credit facilities, consisting of a $1.235 billion seven-year senior secured term loan facility and a $200 million five-year senior secured revolving credit facility.

BofA Agents $1.5B Facility for Penn National Gaming

Penn National Gaming entered into new senior secured credit facilities and completed its previously announced refinancing. Bank of America served as administrative agent and collateral agent.

Wells Fargo Agents Southcross Energy Facility Downsize

Southcross Energy Partners has secured an amendment to its revolving credit agreement, providing for a reduction of the total revolver commitment from $200 million to $145 million, with further reductions to $115 million by December 31, 2018.

January 6, 2017 Barclays Bank | Southcross Energy Partners | UBS Securities | wells fargo ABF Journal

Deutsche Agents $500MM Atkore International Group Refi

Atkore International Group refinanced its existing $642 million in term loan facilities with an amended $500 million new term loan facility. Deutsche Bank served as administrative agent for the bank syndicate.

GS, Others Support Tesoro Acquisition of Western Refining

Tesoro closed a definitive agreement to acquire Western Refining for an enterprise value of $6.4 billion.

Citi Agents $500MM Dana Holding Facility

Dana Holding entered into a $500 million revolving credit and guaranty agreement with Citibank as administrative agent and collateral agent.

Blackstone, Goldman, Others Provide $550MM to Support SunEdison Buy

SunEdison and Vivint Solar agreed to amend their merger agreement. A Blackstone-sponsored vehicle will become a key stakeholder, and committed to provide a $250 million credit facility. Goldman Sachs, Barclays, Citigroup and UBS will provide a $300 million term loan.

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