Tag Archives: Wells Fargo Bank

Wells Fargo Delivers $125MM DIP Facility to Extraction Oil & Gas

Extraction Oil & Gas voluntarily filed for petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. In connection with the filing, Wells Fargo Bank underwrote a $125 million debtor-in-possession financing facility.

Barclays-Led Syndicate Amends Chatham Lodging Trust’s $250MM Revolver

Barclays Bank, Regions Capital Markets, Citibank, US Bank, Wells Fargo Bank, Bank of America, Citizens Bank and BMO Harris Bank are serving as participating lenders for an amendment to Chatham Lodging Trust’s $250 million revolving credit facility.

BNP Paribas Agents $2.565B Revolving Bank Facility for Freepoint Commodities

BNP Paribas is serving as administrative agent for a $2.565 billion revolving bank facility for Freepoint Commodities. ABN AMRO Capital, Coöperatieve Rabobank, ING Bank and Société Générale are serving as co-syndication and co-documentation agents.

Citibank, Wells Fargo Agent Amendment to Hersha Hospitality Trust’s Credit Facility

Citibank is serving as administrative agent and Wells Fargo is serving as syndication agent for an amendment to Hersha Hospitality Trust’s existing bank credit facility, which provides for an additional $100 million on the company’s $250 million senior revolving line of credit.

Deutsche Bank-Led Syndicate Boosts Marriott Vacations Facility to $531MM

According to an 8K filed with the SEC, Deutsche Bank, Bank of America, Credit Suisse, Truist Bank, Wells Fargo Bank, Fifth Third Bank, HSBC Bank USA and MUFG Bank upsized Marriott Vacations Worldwide’s warehouse credit facility to $531 million.