Chemed Corporation ("Chemed") (NYSE:CHE) announced that it has entered
into an Amended and Restated Credit Agreement for its Credit Facility
(“Credit Agreement”). JPMorgan Chase Bank, National Association acted as
the Administrative Agent and J.P. Morgan Securities LLC and Merrill
Lynch, Pierce, Fenner & Smith Incorporated acted as Joint Lead Arrangers
and Joint Bookrunners for this transaction.
HANOVER, Md., June 16, 2014 (GLOBE NEWSWIRE) -- The KEYW Holding Corporation (Nasdaq:KEYW) today announced it has closed an amendment (the "Amendment") to its amended and restated credit agreement dated as of November 20, 2012, as amended (the "Credit Agreement"). The Amendment modifies certain definitions and modifies pricing tiers to the interest rate margins applicable to borrowings under the Credit Agreement and adjusts KEYW's financial covenants for the current quarter and future periods.
Hemisphere Media Group, Inc. (NASDAQ:HMTV) (“Hemisphere” or the
“Company”), the only publicly traded pure-play U.S. media company
targeting the high growth Hispanic TV/cable networks business, announced
that on July 31, 2014 certain of the Company's subsidiaries entered into
an amendment to its existing credit agreement providing for a $225
million senior secured term loan B facility, which matures on July 30,
2020 (increased from initial aggregate principal amount of $175.0
million under the existing credit agreement).
Pricing on the amended term loan facility, issued with a 0.5% original
issue discount, is LIBOR plus 400 basis points with a LIBOR floor of
1.00%. As compared to the pricing in the existing credit agreement, this
repricing has decreased the spread to LIBOR by 100 basis points and
reduced the LIBOR floor by 25 basis points.
Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of
specialty and high-performance Carbon Black, today announced the
successful completion of the syndication process, including the final
pricing of the interest rate spreads, for the €665 million term loan
under its new credit agreement, which it entered into prior to the
closing of its IPO last month.
Newtek Refinances Existing Mezzanine Debt at a Lower Cost of Interest NEW YORK , July 1, 2014 /PRNewswire/ -- Newtek Business Services, Inc. NASDAQ: NEWT, The Small Business Authority® , announced today that it has entered into a $20 million credit agreement with Capital One, N.A., which consists of a $10 million term loan and a $10 million revolving credit facility.
Transaction Increases Partnership's Access to Liquidity, Serves to Reduce Borrowing Costs INDIANAPOLIS , July 14, 2014 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership") today announced the successful completion of an amendment and restatement of its revolving credit agreement.
HOUSTON , July 17, 2014 /PRNewswire/ -- Westlake Chemical Corporation (NYSE: WLK) announced today the completion of a third amendment and restatement of its $400 million revolving credit agreement, thereby extending the maturity to 2019, reducing interest costs, and increasing financial flexibility.
FORT LEE, N.J. , June 23, 2014 /PRNewswire/ -- Empire Resources, Inc. (NASDAQ: ERS) , a distributor of value added, semi-finished metal products, announced today that it has entered into a new $225 million working capital credit facility with an international consortium of banks, led by Rabobank International as Lead Arranger and Administrative Agent and BNP Paribas as Syndication Agent.
LANCASTER, Ohio, June 30, 2014 (GLOBE NEWSWIRE) -- EveryWare Global, Inc. ("EveryWare" or the "Company") (Nasdaq:EVRY) announced today that it has entered into an amendment to extend the Company's Forbearance Agreement with the administrative agent and certain other lenders under the Company's Term Loan Agreement through July 15, 2014.
LANCASTER, Ohio, July 22, 2014 (GLOBE NEWSWIRE) -- EveryWare Global, Inc. ("EveryWare" or the "Company") (Nasdaq:EVRY) announced today that it has entered into an amendment to extend the Company's Forbearance Agreement with the administrative agent and certain other lenders under the Company's Term Loan Agreement through July 29, 2014.
LANCASTER, Ohio, July 15, 2014 (GLOBE NEWSWIRE) -- EveryWare Global, Inc. ("EveryWare" or the "Company") (Nasdaq:EVRY) announced today that it has entered into an amendment to extend the Company's Forbearance Agreement with the administrative agent and certain other lenders under the Company's Term Loan Agreement through July 22, 2014.
Cal Dive International, Inc. (NYSE:DVR) announced today that it has
executed commitment letters with three financial institutions providing
for a $125 million senior secured credit facility that may consist of
both a term facility and revolving facility to refinance the Company’s
existing revolving credit facility and provide additional liquidity to
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