PNC Agents $250MM Revolver for Great Lakes Dredge & Dock
Great Lakes Dredge & Dock closed a $250 million three-year revolving credit facility. PNC Bank acted as administrative agent and issuing lender. The bank group consisted of PNC, The PrivateBank,...
View ArticleTexas Capital Bank Launches National Public Finance Practice
Texas Capital Bank hired Scott Kuhn, David Roeder and James Sult to launch its national public finance practice. The team provides private-placement financing to state agencies, local governments,...
View ArticleClik here to view.
Texas Capital Bank Dives into the ABL Pool: Capriotti and His Team from...
Chris Capriotti, Executive Vice President, Asset Based Lending, Texas Capital Bank When it comes to the world of asset-based lending, reports from the field can be conflicting. A recent roundtable...
View ArticleTexas Capital Provides Financing to Support BG Staffing Acquisition
BG Staffing, a national provider of professional temporary staffing services, completed the acquisition of substantially all of the assets of privately held Zycron for a combination of $19 million...
View ArticleTexas Capital Provides $20MM Revolver to Harte Hanks
Harte Hanks, a global marketing services firm specializing in multi-channel marketing solutions, has secured a two-year $20 million credit facility from Texas Capital Bank. The company intends to use...
View ArticleTexas Capital Downsizes StoneCastle Financial Facility to $62MM
StoneCastle Financial, a closed-end investment company registered with the Securities and Exchange Commission, amended its credit facility with Texas Capital Bank, the sole lender. Changes to the...
View ArticleBB&T Upsizes Main Street Capital Facility to $585MM
Main Street Capital expanded the total commitments under its credit facility from $560 million to $585 million. BT&T served as administrative agent for the banking syndicate. In addition to...
View ArticleTexas Capital Bank Provides $250MM Credit Line to On Point
On Point Oilfield Holdings successfully closed on a $250 million senior credit facility with Texas Capital Bank. On Point is an oilfield fluids waste solutions company that acquires, develops and...
View ArticleBofA Agents $150MM ABL Facility for Newpark Resources
Newpark Resources amended its credit agreement to increase the ABL revolver from $90 million to $150 million while reducing applicable borrowing rates and fee terms. The amended agreement extends the...
View ArticleABN AMRO Capital Agents $165MM Facility for Goodnight Midstream
Goodnight Midstream expanded its senior secured facility to $165 million to provide additional capital for the company’s growth and future operations. ABN AMRO Capital USA is the administrative agent,...
View ArticleTexas Capital Upsizes Harte Hanks Facility to $22MM
Harte Hanks amended its credit facility with Texas Capital Bank, increasing the borrowing base to $22 million and extending the maturity date to April 17, 2020. The company intends to use the credit...
View ArticleABN AMRO Upsizes Goodnight Midstream Facility to $320MM
Goodnight Midstream expanded its revolving credit facility from $165 million to $320 million. ABN AMRO Capital USA served as administrative agent, book runner and sole lead arranger on the transaction....
View ArticleComvest Provides $24MM Term Loan to Vintage Stock
Vintage Stock, a subsidiary of Live Ventures, refinanced its prior second lien term loan and closed a $24 million senior secured term loan with Comvest Credit Partners. The new loan significantly...
View ArticleBB&T Upsizes Main Street Capital Facility to $680MM
Main Street Capital expanded the total commitments under its revolving credit facility from $655 million to $680 million. The $25 million increase in total commitments was the result of the addition of...
View ArticleWells Fargo, ABN AMRO Arrange $100MM Upsize for Goodnight Midstream
Goodnight Midstream expanded its revolving credit facility to $420 million from $320 million. ABN AMRO Capital USA and Wells Fargo served as joint lead arrangers on the transaction. ABN AMRO also...
View ArticleTexas Capital Closes Facility for Flex Leasing Power and Service
Texas Capital Bank closed a senior secured credit facility for Flex Leasing Power and Service, a provider of small gas turbine power solutions for the oil and gas sector. The facility will be used to...
View ArticleBofA, JPMorgan, Others Provide $50MM Upsize to Newpark Revolver
Newpark Resources amended and extended its outstanding credit agreement, increasing its asset-based revolving loan from $150 million to $200 million and reducing applicable borrowing rates. The bank...
View ArticleTexas Capital Upsizes Terra Firma Facility to $35MM
Terra Firma Capital expanded its current debt facility with Texas Capital Bank from $20 million to $35 million. The expanded debt facility will be utilized to support the funding of additional loans...
View ArticleCitibank Agents $300MM Upsize to KB Home Revolver
Citibank served as administrative agent on an amendment to KB Home’s revolving credit facility, which increased the borrowing capacity to $800 million from $500 million and extended the maturity date...
View ArticleCiti Agents $1.905B Revolver for Toll Brothers
Toll Brothers entered into a five-year $1.905 billion revolving credit facility to replace the company’s existing $1.295 billion revolving credit facility, which was scheduled to mature in May 2021....
View Article
