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

The Greenbrier Companies, a supplier of equipment and services to global freight transportation markets, renewed and extended three bank facilities totaling more than $1 billion. According to an 8K filed with the SEC, Bank of America is the administrative agent for the facilities. read more

AUG 31, 2021 - 6:40 am

Anne Finucane, vice chairman of Bank of America, and Thomas Montag, chief operating officer and president of global banking and markets at Bank of America, will retire. Finucane and Montag will remain in their roles until the end of 2021. Succession plans will be announced in the coming weeks. read more

AUG 27, 2021 - 6:23 am

Stonebriar Commercial Finance extended its $1 billion revolving warehouse credit facility agented by Bank of America to 2025. Mitsubishi UFJ Financial Group (MUFG) joined the facility as a new participating lender. read more

JUL 29, 2021 - 5:20 am

Stonebriar Commercial Finance closed a new $200 million, three-year committed unsecured revolving credit facility. RBC Capital Markets is the administrative agent, joint lead arranger and joint bookrunning manager for the facility. read more

JUN 24, 2021 - 6:27 am

CIBC joined RMI's Center for Climate-Aligned Finance as a strategic partner. According to CIBC, it is the first Canadian bank to partner with the center's efforts to align financial decision-making with the long-term decarbonization of the real economy. read more

FEB 22, 2021 - 6:39 am

Peapack-Gladstone Financial promoted Gregory M. Smith to president of commercial banking and Stuart Vorcheimer to market president and head of commercial and industrial lending. read more

JAN 22, 2021 - 7:05 am

Nesco entered into a definitive agreement to acquire Custom Truck One Source for a purchase price of $1.475 billion. Nesco and CTOS are providers of specialized truck and heavy equipment solutions, including rental, sales and aftermarket parts and service. read more

DEC 7, 2020 - 7:41 am