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February 7, 2013
08:07 EDTATNY, WFCAPI Technologies repays term loan and enters into new credit agreements
API Technologies (ATNY) has entered into a credit agreement with Guggenheim Corporate Funding that provides for a $165M term loan facility. Additionally, the company has entered into a separate agreement for a $50M revolving borrowing base credit facility with Wells Fargo (WFC) Bank, National Association, as administrative agent, upon which the company drew $29.4M at closing. Proceeds from these two facilities were used to pay in full the company’s existing credit facility, certain indebtedness in the United Kingdom, and to pay fees, costs and expenses associated with the refinancing.
News For ATNY;WFC From The Last 14 Days
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July 1, 2015
10:38 EDTWFCWells Fargo July volatility flat into Q2 and outlook
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07:57 EDTWFCU.S. banks not facing significant direct losses on Greek default, WSJ says
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June 25, 2015
07:13 EDTWFCFed director says full transparency in stress testing can be 'enormous weakness'
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June 23, 2015
13:02 EDTWFCSumitomo, others show interest in GE railway-leasing business, WSJ says
Japan's Sumitomo Mitsui Financial Group is interested in buying General Electric's (GE) railway-leasing business, says the Wall Street Journal, citing sources. Wells Fargo (WFC) and other U.S. financial institutions have also shown interest in GE Capital Rail Services, which may be worth around $4B, added the Wall Street Journal, citing people familiar with the matter. Reference Link
June 18, 2015
15:46 EDTWFCWells Fargo names Hope Hardison as Chief Administrative Officer
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