Tag Archives: Wells Fargo Securities

Bank of America Agents $715MM Credit Facility for Empire State Realty Trust

Empire State Realty OP, L.P., the operating partnership of Empire State Realty Trust, entered into a new credit facility in the principal amount of $715 million. The new credit facility was arranged by BofA Securities and Wells Fargo Securities as joint bookrunners, with Bank of America serving as administrative agent.

Wells Fargo, BofA and Citibank Provide $425MM Amended and Restated Credit Facility to Office Properties Income Trust

Office Properties Income Trust entered into a second amended and restated secured credit agreement that governs its $325 million secured revolving credit facility and $100 million secured term loan. Wells Fargo Bank is the administrative agent for the facilities.

Deutsche Bank Securities and Others Amend Dave & Buster’s Credit Agreement

Dave & Buster’s Entertainment amended its credit agreement, achieving a reduction in the interest rate margin applicable to its term loans and revolving loans. A banking syndicate including Deutsche Bank Securities acted as joint lead arrangers for the transaction.

Wells Fargo Agents Repricing of Koppers’ $399MM Term Loan B

Koppers, a provider of treated wood products, wood treatment chemicals and carbon compounds, completed the repricing of its seven-year, $399 million senior secured term loan B due April 10, 2030. Wells Fargo is acting as administrative agent for the term loan.

Goldman Sachs Sells GreenSky to Sixth Street-Led Consortium

Goldman Sachs entered into an agreement to sell its GreenSky platform and associated loan assets to a consortium of institutional investors led by Sixth Street. The transaction is expected to close in Q1/24, subject to standard closing conditions.

Ares and Vinci Partners Enter Strategic Partnership and Investment

Ares Management Corporation and Vinci Partners Investments reached an agreement to form a strategic partnership. Additionally, an affiliate of Ares will concurrently make a $100 million investment in new convertible preferred shares to be issued by Vinci.