Long-standing relationships and a strong track record are hallmarks of our syndications. Recent examples include:
- NN, Inc. - On August 29, 2014, KeyBanc Capital Markets (“KBCM”) successfully advised NN, Inc. (“NN” or the “Company”) on the acquisition of Autocam Corporation (“Autocam”). KBCM was chosen as exclusive buy-side advisor based on our longstanding relationship with the Company and deep industry knowledge. KBCM managed the entire diligence process, including financial and operational due diligence, and advised NN on all facets of the transaction and post deal capital structure. In support of the transaction, KBCM, in partnership with KeyBank Business Capital ("KBBC"), a product group of KeyBank N.A., underwrote and syndicated $450 million of senior secured credit facilities consisting of a $100 million asset based revolving credit facility (“ABL Revolver”) and a $350 million term loan (“Term Loan” together with the ABL Revolver, the “Credit Facilities”) for NN. KBCM acted as Joint Lead Arranger, Joint Bookrunner and Syndication Agent on the Term Loan and Joint Lead Arranger, Joint Bookrunner and Administrative Agent on the ABL Revolver.
- Emerald Performance Materials, LLC – Successfully syndicated $855MM of Senior Secured Credit Facilities to fund the acquisition by American Securities. The Facilities consisted of a $75MM Revolving Credit Facility, $550MM First Lien Term Loan, and $230MM Second Lien Term Loan. KeyBanc Capital Markets acted as Right Lead Arranger / Joint Bookrunner. KBCM also served as co-sell-side advisor on the transaction.
- Health Care REIT, Inc. – KeyBanc Capital Markets syndicated a $3.25 billion Senior Unsecured Credit Facility for Health Care REIT Inc., acting as Joint Lead Arranger and Administrative Agent. This Facility represented the latest transaction in a long-standing relationship between HCN and KBCM Bookrunner and Syndication Agent on the Term Loan and Joint Lead Arranger, Joint Bookrunner and Administrative Agent on the ABL Revolver.