Cases & Deals

PNC Bank leads syndicate of lenders on amendment and extension of its existing secured credit facility for leading kaolin clay company

Client(s) PNC Bank, National Association

Jones Day represented PNC Bank, National Association, as administrative agent, in connection with the arrangement, syndication, and documentation of an amendment and extension of its existing senior secured credit facility, consisting of a $190 million outstanding delayed draw term loan and a $75 million revolving credit facility, for a leading producer of kaolin clay.