Toll Brothers entered into a five-year $1.905 billion revolving credit facility to replace the company’s existing $1.295 billion revolving credit facility, which was scheduled to mature in May 2021.
Wells Fargo Agents New $25MM Term Loan for Stage Stores
January 14, 2019
Wells Fargo Bank acted as administrative agent, collateral agent and term loan agent on a new $25 million term loan for Stage Stores, bringing the total availability under the company’s senior secured revolver to $475 million.
BofA Agents $3.15B Facilities for Drugstore Giant Rite Aid
December 21, 2018
Rite Aid entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility. Bank of America served as both administrative and collateral agent on the facilities.
TrailStone Closes $330MM Revolver with BNP Paribas, Others
December 20, 2018
TrailStone Group closed a $300 million revolving credit facility with BNP Paribas acting as sole lead arranger and bookrunner. The new facility refinances the company’s current $200 million revolver.
BofAML Arranges $600MM Revolvers for BGC Partners, Newmark
November 30, 2018
Bank of America Merrill Lynch acted as the active lead arranger on two separate credit facilities for BGC Partners and Newmark Group, respectively. Together, the credit agreements total $600 million.
BofA, Wells Fargo, Others Arrange AMETEK Revolver Upsize to $1.5B
November 2, 2018
AMETEK amended and restated its revolving credit facility, increasing the size from $850 million to $1.5 billion and extending the maturity date from March 2021 to October 2023.
Wells Fargo Agents $325MM Revolver for Quanex Building Products
October 19, 2018
Quanex Building Products has entered into a new senior secured amended and restated credit facility due 2023, comprising a $325 million revolver.
KeyBank Provides $350MM Facility for Timken
September 14, 2018
The Timken Company amended its credit facility to include a $350 million term loan facility to support its upcoming acquisition of Rollon Group. KeyBank served as administrative agent for the transaction.
