Wells Fargo Agents Jack in the Box Facility Upsize to $1.6B
Jack in the Box completed an amendment to its existing senior credit facility, increasing it to $1.6 billion. Wells Fargo was administrative agent for the transaction.
Jack in the Box completed an amendment to its existing senior credit facility, increasing it to $1.6 billion. Wells Fargo was administrative agent for the transaction.
David DeNunzio has joined Wells Fargo from Credit Suisse to lead Global M&A. Sam Farnham has been tapped to lead the Americas M&A team, and Kristin Lesher will lead Middle Market Investment Banking.
Mid-Con Energy Partners amended its credit agreement, increasing the borrowing base of the company’s revolver to $140 million. Wells Fargo served as administrative agent and collateral agent for the lender group.
FIS completed an amendment and restatement of its credit agreement and an amendment of its term loan. JPMorgan served as administrative agent for the credit facility amendment, and Bank of America served as administrative agent for the term loan.
Black Hills upsized its revolving credit facility to $750 million from $500 million with a bank group led by U.S. Bank as administrative agent. The company also closed on a $500 million term loan with a lender group led by JPMorgan Chase as agent.
The Middleby Corporation entered into a new $2.5 billion multi-currency senior revolving credit agreement with a lender group led by Bank of America as administrative agent.
The Ensign Group increased its credit facility by $200 million to an aggregate of $450 million with a lending consortium arranged by SunTrust Robinson Humphrey and Wells Fargo Securities.
Sabre closed a $400 million revolver and a $600 million term loan. Bank of America Merrill Lynch served as the administrative agent and collateral agent for the transactions.
Cirrus Logic has amended its credit agreement with a group of lenders led by Wells Fargo as administrative agent. The $300 million facility was used to refinance the company’s existing agreement.
MTS Systems completed the acquisition of PCB Group for $580 million. JPMorgan Chase served as administrative agent for the lender group that provided $560 million of financing to support the acquisition.