BlueLinx Holdings said, concurrent with the completing of a rights offering, its amendment to increase its revolver to $422.5 million became effective. Wells Fargo Capital Finance acted as sole lead arranger for the transaction.
Wells Fargo Capital Finance acted as administrative agent and left lead arranger on an amended and extended $600 million senior secured credit facility for Saks.
ABF Journal, NYIC and the Philadelphia Chapters of the CFA and TMA will feature senior executives from CIT, Wells Fargo Capital Finance, PNC Business Credit and Gemino Healthcare Finance.
Wells Fargo Capital Finance announced that it is leading a new $1 billion senior secured, asset-based revolving credit facility for SUPERVALU. Wells Fargo Bank will serve as administrative agent, left lead arranger and bookrunner for the facility.
The Staffing Services Group of Wells Fargo Capital Finance said it completed a successful year in 2012 with $130 million in new facilities and $100 million in new loan balances.
BMC, a provider of building materials and construction services, said it has expanded its revolving line of credit to $110 million with Wells Fargo Capital Finance.
Wells Fargo Capital Finance and Bank of America increased the borrowing capacity for Orchard Supply Hardware’s credit facility to $145 million.
Integrated Electrical Services amended its credit and security agreement with Wells Fargo Capital Finance to include a new two-year, $5 million term loan and a one-year extension of the revolver to August 9, 2016.
Music and entertainment retailer hmv Canada announced the signing of a new $25 million credit agreement with Wells Fargo Business Credit, a division of Wells Fargo Capital Finance.
Retail-Week.com reported that UK-based department store Beales secured an asset-based refinancing with Burdale Financial, a Wells Fargo Capital Finance company, after the retailer fell into the red.