Six One Commodities (61C) closed a $700 million expansion and renewal of its one-year revolving borrowing base credit facility. The facility includes a $300 million accordion feature, bringing total capital available to $1 billion.
BB Energy, an independent energy trading company, renewed and expanded its senior secured borrowing base credit facility in the Americas. ING Capital acted as arranger and bookrunner in the syndication and will act as administrative agent for the facility.
Graham Corporation closed on a new, five-year $50 million senior secured revolving credit facility with Wells Fargo Bank to pay down the remaining $11.5 million balance of its term loan and the $725,000 exit fee from its previous lending agreement amendments.
ASGN Incorporated, a provider of IT services and professional solutions, including technology and creative digital marketing, across the commercial and government sectors, completed a series of transactions that upsize its revolving credit facility and term loan B, extending the maturities of each.
Hudson Technologies, a provider of refrigerant products and services to the heating, ventilation, air conditioning and refrigeration industries, repaid in full the remaining principal balance outstanding under its credit agreement with TCW Asset Management.
eCapital received a $110 million increase to the syndicated bank facility supporting its asset-based lending group. With its latest increase, eCapital’s total bank facility commitments now exceed $1.4 billion. Wells Fargo acted as administrative agent for the syndicated facility.
Service Properties Trust entered into a $650 million secured revolving credit facility. Wells Fargo Securities, PNC Capital Markets and BMO Harris Bank are the joint lead arrangers and joint lead bookrunners for the credit facility.
Myriad Genetics, a provider of genetic testing and precision medicine, established a $90 million asset-based credit facility with JPMorgan Chase Bank as administrative agent and issuing bank.
The Eastern Company, an industrial manufacturer of engineered solutions serving commercial transportation, logistics and other industrial markets, established a new five-year, $90 million senior secured credit facility. TD Bank was the lead arranger for the transaction.
Merit Medical Systems entered into a five-year senior secured credit agreement. The credit agreement includes a revolving credit facility in an aggregate principal amount of up to $700 million and a term loan facility in an aggregate principal amount of up to $150 million. Wells Fargo Bank is acting as administrative agent for the facilities.