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

APR 11, 2023 - 6:52 am

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

APR 5, 2023 - 7:07 am

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

MAR 31, 2023 - 6:46 am

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

MAR 21, 2023 - 7:04 am

Last week, 11 banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, combined to make $30 billion in uninsured deposits in First Republic Bank to display confidence in the U.S. banking system following the collapse of Silicon Valley Bank. read more

MAR 20, 2023 - 7:22 am

Topgolf Callaway Brands completed a series of related transactions in support of a plan to refinance its capital structure, including a seven-year, $1.25 billion senior secured term loan B arranged by Bank of America, JPMorgan Chase, MUFG Securities and Truist Securities. read more

MAR 20, 2023 - 7:13 am

Bank of America named Jim Morehead president of Bank of America Seattle. The company also appointed Alex Yang Seattle market executive, replacing Jeremey Williams, who was recently promoted to community relations manager executive. read more

DEC 12, 2022 - 7:24 am

Ritchie Bros. Auctioneers and IAA entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion, including the assumption of $1 billion of net debt. read more

NOV 8, 2022 - 7:40 am

Dext Capital, an independent healthcare finance company based in Lake Oswego, OR, closed a $200 million asset-backed credit facility with Bank of America in June 2022. read more

OCT 3, 2022 - 7:46 am

UMB Bank is serving as administrative agent for an amended $1.5 billion senior secured warehouse facility for two entities jointly established by Griffin Global Asset Management and Bain Capital Credit. read more

AUG 15, 2022 - 6:47 am

Encina Equipment Finance closed a new non-recourse secured revolving loan facility with initial lending commitments from three lenders totaling $450 million. Bank of America structured the facility and is the administrative agent and the lead lender. read more

APR 28, 2022 - 7:18 am

Bank of America named Rita Sola Cook president of Chicago for the bank. Cook will succeed Paul Lambert, who plans to retire after 30 years with the company. read more

DEC 17, 2021 - 6:03 am

Bank of America named Al McRae president of Bank of America Atlanta. McRae is succeeding Wendy Stewart, who was recently named a member of the company's senior management team and president of global commercial banking for Bank of America. read more

NOV 10, 2021 - 6:31 am

Container leasing company Triton International took multiple actions to implement its planned transition to a debt capital structure made up of primarily unsecured debt, including amending and restating its existing revolving and term loan facilities so that both will now be unsecured. read more

OCT 15, 2021 - 6:18 am

Ritchie Bros. amended and extended its $1.045 billion credit agreement, with BofA Securities and RBC Capital Markets serving as joint lead arrangers and joint bookrunners, Bank of America serving as administrative agent and the Royal Bank of Canada serving as syndication agent. read more

SEP 22, 2021 - 6:27 am