Wells Fargo Upsizes Resource Capital RE Facility
Resource Capital announced it entered into an amendment of its existing commercial real estate credit facility with Wells Fargo that increases the size of the facility to $250 million.
Resource Capital announced it entered into an amendment of its existing commercial real estate credit facility with Wells Fargo that increases the size of the facility to $250 million.
Federal Signal refinanced its existing credit facilities with $225 million in new credit facilities. Wells Fargo Bank is the administrative agent and GE Capital, Corporate Finance is the syndication agent.
J.C. Penney said it increased its borrowing capacity under a bank credit facility by $100 million to $1.85 billion. JPMorgan acted as agent for a 27-bank lender group (lender commitment list provided).
IMAX entered into an amended senior secured credit facility for up to $200 million with Wells Fargo Bank. Other banks that participated in the transaction were Export Development Canada, Canadian Imperial Bank of Commerce, Royal Bank of Canada, HSBC Canada and the National Bank of Canada.
API Technologies entered into credit agreements with Wells Fargo Bank and Guggenheim Corporate Funding, both serving as administrative agent for their respective transactions.
OpenTable entered into a $50 million senior secured credit agreement with Wells Fargo Bank. The revolver, which will be used for working capital and other general corporate purposes, will mature on January 10, 2016.
Innophos Holdings amended and restated its credit facility increasing the borrowing capacity to $325 million and reducing interest rates. Wells Fargo served as administrative agent and Bank of America as syndication agent.
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