Today’s News

    Capital One Closes $217.1MM Facility for AccentCare

    Capital One served as the lead arranger and syndication agent for a five-year, $217.1 million senior credit facility—consisting of a $167.1 million term loan and a $50 million revolving loan—for AccentCare.

    Värde Partners Provides $140MM Facility to Lilis Energy

    Lilis Energy closed $140 million in new financings, consisting of a $125 million convertible second lien term loan facility funded by Värde Partners and $15 million in incremental term loans.

    Ally Provides $450MM ABL Facility to Support REV Group Ferrara Buy

    REV Group, a manufacturer of specialty vehicle brands, acquired Ferrara Fire Apparatus, a custom fire apparatus and rescue vehicle manufacturer. Ally Bank served as administrative agent for a $350 million ABL revolver and a $75 million term loan to support the transaction.

    MB Business Capital Provides New $13MM Credit Facility for Oberfields

    MB Business Capital provided a new $13 million senior credit facility to Delaware, OH-based Oberfields as part of the company’s acquisition by Graycliff Partners and management.

    George Joins XMS Capital Partners as Managing Director

    Financial Services firm XMS Capital Partners hired Scott P. George as managing director in its Chicago office.

    BofA Upsizes NuVasive Revolver to $500MM

    NuVasive, a medical device company focused on transforming spine surgery, expanded its revolving line of credit from $150 million to $500 million. Bank of America was administrative agent for the transaction.

    Citizens Appoints Murphy President of Business Banking

    Citizens Bank appointed Jack Murphy president of Business Banking.

    Wells Fargo Upsizes Energen Facility to $1.4B

    Energen amended its credit agreement, increasing the borrowing base to $1.4 billion following its scheduled redetermination.

    Guggenheim, BNY Mellon Refinance Radio One with $350MM Facility

    Radio One closed a new $350 million senior secured credit facility with Guggenheim Securities Credit Partners as administrative agent and BNY Mellon as collateral agent.

    Square 1 Bank Provides $4MM Facility to ItemMaster

    Square 1 Bank has provided a $4 million credit facility to new client ItemMaster, a provider of product content services for the U.S. CPG and CPG Retail market.