Integer Holdings, a medical device outsource manufacturer, raised $1 billion in senior secured credit facilities to refinance its existing debt. Wells Fargo Bank is acting as administrative agent, swingline lender and issuing lender for the facilities.
Graybar completed the amendment and extension of its unsecured committed revolving credit facility. The amendment, among other things, extended the company’s five-year, $750 million revolving credit facility.
Encina Business Credit announced a recapitalization and an expanded capital base provided by affiliated funds of Barings along with participation from Encina management. In conjunction with the recapitalization, Encina changed its name to Eclipse Business Capital.
GoldenTree Loan Management II (GLM II) and its affiliated investment manager, GoldenTree Asset Management, closed a $640 million collateralized loan obligation to be managed by GLM II.
Sabre refinanced a portion of its existing indebtedness, including the repayment in full of its term loan B facility and revolving credit loan facility and the termination of the revolving commitments thereunder. Bank of America is the administrative agent and the collateral agent for the credit agreement.
Sonoco, a global packaging company, entered into a five-year, $750 million revolving credit facility with a syndicate of banks, with Bank of America serving as administrative agent.
PLAYSTUDIOS, a developer of free-to-play casual mobile and social games, entered into a $75 million, five-year secured revolving credit facility to support its future growth initiatives. JPMorgan Chase served as the administrative agent for the transaction.
MaxLinear entered into a new $350 million, seven-year senior secured term B loan facility and a new $100 million, five-year senior secured revolving credit facility. Wells Fargo Securities, MUFG Securities Americas, BMO Capital Markets and Citizens Bank acted as joint lead arrangers and bookrunners.
JPMorgan and Others Expand Dominion Energy’s Credit Facilities, Introduce Sustainability-Linked Pricing
Dominion Energy completed the syndication of sustainability-linked credit facilities totaling $6.9 billion, including a $6 billion master credit facility for which JPMorgan Chase Bank, Mizuho Bank, BofA Securities, The Bank of Nova Scotia and Wells Fargo Securities acted as joint lead arrangers.
JLL Income Property Trust secured a $650 million credit facility with a syndicate of eight real estate lenders, including JPMorgan Chase Bank as administrative agent, co-syndication agent, joint lead arranger and joint bookrunner.