Golub Capital entered into a loan and servicing agreement in the aggregate principal amount of up to $200 million. Morgan Stanley Senior Funding acted as administrative agent on the facility, while Wells Fargo served as collateral agent, account bank and collateral custodian.
Wells Fargo Hires Scammahorn as Chief Auditor
February 7, 2019
Wells Fargo named Julie Scammahorn as its new chief auditor. Scammahorn will be based in San Francisco and report to CEO and President Tim Sloan and to the Audit and Examination Committee of the board of directors.
Wells Fargo Agents New $250MM ABL Revolver for Masonite
February 1, 2019
Masonite International entered into a new amended and restated $250 million asset-based revolving credit facility. Wells Fargo acted as administrative agent on the transaction.
Troutner Joins Wells Fargo as Western Region Bank Exec
January 25, 2019
Financial services executive Steve Troutner joined Wells Fargo as Western region bank executive. Troutner will be based in Los Angeles and report to Head of Consumer Banking Mary Mack.
BofA Amends ABL Revolver for Footware Company Caleres
January 21, 2019
Bank of America served as administrative agent, collateral agent, documentation agent and lead issuing bank on an amendment to footwear company Caleres’ asset-based revolver, extending it to January 2024.
Wells Fargo Agents $480MM DIP Funding to Support Shopko Restructuring
January 17, 2019
Regional general merchandise retailer Shopko filed voluntary petitions for a court-supervised financial restructuring under Chapter 11. Wells Fargo acted as administrative agent on $80 million in DIP funding to support the process.
Wells Fargo Agents New $25MM Term Loan for Stage Stores
January 14, 2019
Wells Fargo Bank acted as administrative agent, collateral agent and term loan agent on a new $25 million term loan for Stage Stores, bringing the total availability under the company’s senior secured revolver to $475 million.
Wells Fargo Brings Aboard JPMorgan Vet as New Head of Technology
January 10, 2019
Wells Fargo named Saul Van Beurden head of Technology, a new role the company created in October 2018. Van Beurden will be based in New York and report directly to CEO and President Tim Sloan.
Wells Fargo Agents $30MM Upsize to Canyon Midstream Revolver
January 9, 2019
Wells Fargo served as administrative agent on an amendment to Canyon Midstream Partners II’s revolving credit facility, increasing the borrowing capacity from $70 million to $100 million.
