KeyBank Extends Retail Opportunity Investments $600MM Facility

Retail Opportunity Investments amended its $600 million credit facility, extending the maturity date to February 2024 and reducing the borrowing rate to LIBOR plus 0.9%.

U.S. Bank Hires Luke as Head of AI

U.S. Bank has hired technology leader Tanushree Luke, PhD, to lead Artificial Intelligence (AI) efforts at the company.

BofA Agents $400MM Revolver for Genesco

Hat-maker Genesco and its subsidiaries completed a $400 million revolving credit facility with Bank of America as administrative agent.

Report: JPMorgan Most Popular Brand, U.S. Bank Most Loyal Customers

According to Brand Finance research, JPMorgan Chase was ranked as the most popular brand in the U.S. Wells Fargo was voted the least trusted bank.

BofA Agents $350MM Credit Facility for United Leasing & Finance

United Leasing & Finance closed a $350 million, multi-year senior secured revolving credit facility with an accordion expansion to $475 million with Bank of America as agent.

Citibank Agents $200MM Facility for The Trade Desk

The Trade Desk entered into a $200 million, five-year senior secured credit facility. Citibank acted as lead arranger and administrative agent.

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.

Wells Fargo Agents Int’l Speedway Facility Extension

International Speedway Corporation extended the maturity of its $300 million revolving credit facility to September 2021. Wells Fargo served as administrative agent for the transaction.

Scotiabank Upsizes CRH Medical Credit Facility to $55MM

CRH Medical entered into an agreement with The Bank of Nova Scotia for a $55 million senior secured revolving syndicated credit facility, an increase from $33 million. The increased facility includes US Bank as a partner to CRH and Scotiabank.

JPMorgan Chase, Wells Fargo Arrange $1.2B Office Depot Facility

The merger agreement between Staples and Office Depot has been terminated. Simultaneously, JPMorgan Chase and Wells Fargo arranged a $1.2 billion five-year credit facility for Office Depot.