Wells Fargo Bank Related Content

Post Road Equipment Finance Expands its Risk Team to Support Growth

Post Road Equipment Finance has added three new risk employees — Sean Feibusch, Max Coleman and Matthew Gilshteyn — who will each assist with new business underwriting as well as portfolio management responsibilities. read more

eCapital’s Bank Facility Commitments Reach $1.4B with Latest Facility Increase

eCapital received a $110 million increase to the syndicated bank facility supporting its asset-based lending group. With its latest increase, eCapital’s total bank facility commitments now exceed $1.4 billion. Wells Fargo acted as administrative agent for the syndicated facility. 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

UMB Agents $1.5B Warehouse Facility for Griffin Global Asset Management

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

Credit Suisse, Natixis, UMB Agent $600MM Warehouse Credit Facility for Vmo Aircraft Leasing

Vmo Aircraft Leasing closed a five-year, $600 million senior secured warehouse facility. Credit Suisse Securities and Natixis Corporate and Investment Bank are the co-structuring agents and joint lead arrangers of the facility. UMB Bank is the administrative agent and the security trustee. read more

Wells Fargo Expands Verdant Commercial Capital’s Funding Capacity

Verdant Commercial Capital expanded its funding capacity through the addition of a $200 million warehouse facility with Wells Fargo Bank. Concurrently, Verdant extended its existing corporate facility with Wells Fargo Lender Finance. read more

KeyBank Agents $300MM Credit Facility for Trinity Capital

Trinity Capital, a specialty lending company that provides debt, including loans and equipment financing, entered into a new $300 million credit facility led by KeyBank as administrative agent and syndication agent. read more

United Rentals North America Intends to Redeem $1B Principal Amount of 5.875% Senior Notes

United Rentals’ subsidiary, United Rentals North America, intends to redeem all of the outstanding $1 billion principal amount of its 5.875% senior notes due 2026 on Sept. 15. read more

United Rentals Redeems 4.625% Senior Notes Due 2025

United Rentals intends to redeem all of the outstanding $750 million principal amount of its 4.625% senior notes due 2025. read more

Top Five Construction Equipment Lenders Account for 78.3% of June Total

The top 20 lenders in the segment, in the aggregate, completed a total of 7,035 new construction equipment related filings during the month of June 2018. read more

Top Five Logging Equipment Lenders Account for 72.2% of March Total

The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 324 logging equipment related filings during the month of March 2018. read more

Top Five Woodworking Equipment Lenders Account for 65.4% of Feb Total

The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 52 woodworking equipment related filings during the month of February 2018. read more

Fitch Downgrades Wells Fargo Bank’s LT/IDR to AA-

Fitch Ratings downgraded the long- and short-term issuer default ratings of Wells Fargo & Company to ‘A+/F1’ from ‘AA-/F1+’. Fitch also downgraded the LT IDR of Wells Fargo Bank to ‘AA-‘. read more

Textainer Refinances $1.2B Warehouse Financing Facility

Intermodal lessor Textainer Group announced an subsidiary of the company closed on a refinancing to extend its term loan and lower the rate on it warehouse facility to acquire containers. read more

Wells Fargo Adds $30.8B of Assets from GE Capital Acquisitions

Wells Fargo added $30.8 billion of assets from GE Capital acquisitions in Q1/16 encompassing $4.1 billion from a rail car portfolio and $26.7 billion from C&I loans and leases. read more

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