Fluor increased its credit facility to $1.8 billion and extended the maturity to February 2025. BNP Paribas Securities, BofA Securities, Citibank and Wells Fargo Securities were the joint lead arrangers for the facility.
AssetMark Financial entered into an amended and restated credit agreement that provides for a $500 million senior secured credit facility. Bank of Montreal is the administrative agent and sustainability coordinator for the facility.
Franklin BSP Lending and Franklin BSP Capital, business development companies advised by affiliates of Benefit Street Partners, acquired substantially all of the equity interests of Encina Equipment Finance.
OSI Systems entered into an amendment to its senior secured credit facility that increases the aggregate amount available from $535 million to $750 million. Wells Fargo Bank is the administrative agent for the facility.
Ryder executed a five-year, $1.4 billion global revolving credit facility, which includes 11 global institutions and will expire on Dec. 14, 2026. BofA Securities and MUFG Bank acted as joint bookrunners and joint lead arrangers for the facility.
WideOpenWest Finance, a subsidiary of WOW! Internet, Cable and Phone, priced and allocated a new credit facility consisting of a $730 million term loan and a $250 million revolving credit commitment. Morgan Stanley Senior Funding acted as the lead left arranger and joint bookrunner for the transaction.
TTEC Holdings amended and extended its credit facility, increasing the total commitment amount by $300 million to $1.5 billion and extending the maturity to November 2026. Commitments were provided by a syndicate of banks, with Wells Fargo Securities serving as left lead arranger.
Tupperware Brands, a global consumer products company, raised $880 million in a new secured credit facility in order to refinance its existing credit facilities. Wells Fargo Bank is the administrative agent, swingline lender and issuing bank on the new facility.
Thoma Bravo completed its acquisition of Medallia in an all-cash transaction valued at $6.4 billion. Blackstone Credit, certain funds managed by affiliates of Apollo Capital Management, KKR Credit, Thoma Bravo Credit and Antares Capital are providing the debt financing for the transaction.
SmartStop Self Storage exercised $200 million of its accordion under its existing multi-currency credit facility with a syndicate of banks led by KeyBank, Wells Fargo, Citibank and Bank of Montreal. KeyBanc Capital Markets and KeyBank served as joint lead arrangers and administrative agents.