Bank of America Related Content

Ansley Park Capital Bolsters Leadership Team with Key Appointments

Ansley Park Capital appointed two seasoned professionals to its leadership team: Zilong Wang as senior managing director, head of sponsor coverage underwriting and Michael Gay as senior managing director, head of sponsor coverage. read more

BofA and RBC Partner with Stonebriar to Restructure Two Primary Facilities

Stonebriar Finance Holding completed significant increases and extensions to its primary credit facilities as it positions itself for continued growth. Stonebriar partnered with the Royal Bank of Canada and Bank of America to restructure the two facilities. read more

SMB Owners Anticipate Revenue Growth and Economic Improvement in 2024

A majority of small and mid-sized business (SMB) owners expect their revenues to increase this year, and their worries over a recession have declined substantially, according to the 2024 Bank of America Business Owner Report, conducted in partnership with Bank of America Institute. read more

SLR Equipment Finance Closes $350MM Credit Facility with Bank of America and Truist Bank

SLR Equipment Finance closed a new $350 million credit facility with Bank of America and Truist Bank to support the growth of its business over the next several years. read more

Bank of America Hires Harmon as SVP and Senior Leasing Specialist

Bank of America hired Robin Harmon as senior vice president and senior leasing specialist, according to a LinkedIn post from Harmon. Harmon was previously vice president of equipment finance at Hancock Whitney. read more

BMO Capital Markets Leads $250MM in Financing for Blue Bird

Blue Bird, a manufacturer of school buses, completed the refinancing of its credit facilities and entered into a new five-year credit agreement led by BMO Capital Markets. The new credit agreement provides for a $100 million term loan and a $150 million revolving credit facility. read more

Griffin Global Asset Management and Bain Capital Acquire Pool of Rolls-Royce Engines

Griffin Global Asset Management and Bain Capital Special Situations agreed to acquire 17 new technology Rolls-Royce engines, including Trent XWB-84s, Trent XWB-97s, Trent 1000s and Trent 7000s. The engines will be owned by a newly formed standalone entity and used... read more

Capteris Closes $350MM Credit Facility to Strengthen Equipment Finance Business

Capteris closed a new $350 million credit facility to support the growth of its equipment finance business. Truist Bank is serving as administrative agent and Bank of America is also partnering with Capteris on the facility. read more

Wells Fargo Increases Post Road Equipment Finance’s Warehouse Facility to $700MM

Post Road Equipment Finance increased its non-recourse senior warehouse facility from $550 million to $700 million through the addition of Wells Fargo as a new lender. read more

Bank of America Promotes Matessino to President of New Orleans and Baton Rouge, LA

Bank of America named Jonathan Matessino president of Bank of America in New Orleans and Baton Rouge, LA. Matessino joined Bank of America in 2015, most recently serving as senior relationship manager for global commercial banking. read more

Verdant Commercial Capital Expands Funding Capacity with New $150MM Warehouse LOC

Verdant Commercial Capital expanded its funding capacity with the addition of a new $150 million warehouse line of credit provided by Bank of America. read more

Dext Capital Closes on its Largest Securitization to Date

Dext Capital closed on Dext ABS 2023-1, the company’s third securitization and its largest to date. The $293 million transaction secured orders from 15 new investors and 22 in total. read more

Griffin Global Asset Management Upsizes Warehouse Facility to $2B

Griffin Global Asset Management upsized its senior secured warehouse facility to $2 billion with a syndicate of 12 banks, including new banking partners Citibank, Sumitomo Mitsui Banking and Bank of Montreal. read more

Vanderpool Succeeds Almanza as President of BofA Phoenix

Bank of America named Scott Vanderpool president of Bank of America Phoenix and successor to current president Benito Almanza, who will retire April 6. Almanza provided 45 years of service to the company and spent 22 years as Phoenix and Arizona president. read more

Commercial Credit Group Closes $397.08MM Term ABS

Commercial Credit Group finalized a $397.08 million term asset-backed security transaction. The securitization was placed with a group of fixed income investors from 34 institutions. BofA Securities served as structuring agent and lead bookrunner. read more

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