Citizens Bank Related Content

Citizens Provides Debt Financing to Support Multifamily Development from Redbrick

Redbrick LMD secured a $142.5 million loan to finance the construction of The Douglass, a 750-unit residential building in the Bridge District of Washington, D.C. Citizens Bank arranged the debt financing for the project. read more

Encina Equipment Finance Closes $450MM Revolving Loan Facility

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

Stonebriar Extends $1B Revolving Credit Warehouse Facility, Adds MUFG as Lender

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

Stonebriar Secures $200MM Senior Unsecured Revolving Credit Facility from RBC Capital Markets

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

Citizens Business Conditions Index Signals Steady Economic Improvement in Q3/20

Economic conditions showed definite signs of improvement during Q3/20, the first gain during a year dominated by impacts of the COVID-19 pandemic, according to the Citizens Business Conditions Index, which rose to 61.2 at the end of the quarter, up from 60.3 at the end of Q2/20. read more

M&A Outlook: Still a Sellers’ Market, Urgency Recedes as Growth Continues

Citizens Bank’s annual Middle Market M&A Outlook showed mid-market leaders expect their businesses to grow more in 2020 through organic strategies than through acquisitions. read more

Nations Equipment Finance Receives $214MM L/C from Citizens Bank

Citizens Bank provided a $214 million revolving line of credit for Nations Fund I, a wholly owned subsidiary of Nations Equipment Finance. read more

Musicant, Malz Join Citizens in West and Midwest Leadership Roles

Citizens Commercial Banking established a West Region, hiring David Musicant as its first leader, and tapped a new leader for its Midwest Region, naming Jim Malz Ohio president. read more

Stonebriar Amends $1B Revolver with Bank of America

Commercial finance company Stonebriar Commercial Finance extended and amended certain terms of its existing $1 billion revolver with Bank of America as agent on the facility. read more

Citizens Arranges Financing to Support Octo Acquisition of Connexta

Citizens Commercial Banking served as lead arranger on new financing for Octo’s acquisition of Connexta, an open source software developer and secure discovery solutions provider. read more

JD Power: Huntington, Capital One, Citibank & Chase Highest-Rated Banks

The J.D. Power 2018 U.S. Small Business Banking Satisfaction Study revealed that small businesses feel “underappreciated” by their banks. Banks rated the highest by customers include Huntington, Capital One, Citibank & Chase. read more

Economic Optimism Fuels 2018 Middle Market Deal-Making Environment

Interest among middle market companies in both buying and selling has increased significantly in the past year, according to the seventh annual Citizens Commercial Banking Middle Market M&A Outlook. read more

Citizens Bank Hires Giampetroni as Midwest Regional Executive

Citizens Bank has hired Joseph C. Giampetroni as regional executive for the Midwest with responsibility for corporate banking in the greater Chicago area, Michigan and Ohio. read more

Citizens Expands in Atlanta With Three New Hires

Jeffrey Neikirk, Caperton Putt and Wes Childers joined the Citizens Commercial Banking team in Atlanta as part of the bank’s expansion in the Southeast. read more

Citizens Bank, Fundation Collaborate on Digital Lending Platform

Citizens Bank will offer digital lending capabilities to small business customers through a collaboration with Fundation Group, a digital lender and credit solutions provider to regional and community banks. read more

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