The transaction was announced on January 14, 2026, and sourced from an SEC filing published on that date via SEC EDGAR. The specific form type of the filing has not been identified. The deal is currently in announced status, meaning the transaction has been publicly disclosed but the closing has not yet occurred.
The financing structure involves a substantial syndicate of financial institutions across multiple roles. KeyBank National Association serves as the Administrative Agent. The three joint lead arrangers and joint bookrunners are KeyBanc Capital Markets, Inc., Wells Fargo Securities, LLC, and Regions Capital Markets. Wells Fargo Bank, National Association and Regions Bank both serve as syndication agents. The documentation agents for the transaction include Bank Of America, N.A., Citizens Bank, N.A., Mizuho Bank, Ltd., JPMorgan Chase Bank, N.A., PNC Bank, National Association, TD Bank, N.A., and U.S. Bank National Association. Associated Bank, National Association participated in the transaction as a lender.
No legal advisors have been identified in the available documentation for this transaction.
The transaction structure is characterized as a revolving credit facility and term loan refinancing with a total disclosed size of 850 million dollars. However, no additional structural details have been disclosed regarding the specific allocation between the revolving facility and term loan components, tenor or maturity dates for either facility, interest rate pricing or structure, or any other terms and conditions governing the credit agreement.
The disclosed transaction value and facility structure are the primary elements of public knowledge regarding this deal. Not disclosed are the specific amounts allocated to the revolving facility versus the term loan portions, pricing terms and margin spreads, expected closing date, any financial covenants or conditions precedent to closing, whether there are any accordion or commitment increase features, or the tenor of each facility component. Additionally, no information has been disclosed regarding the uses of proceeds or any other negotiated economic terms.