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Published on 4/1/2021 in the Prospect News Bank Loan Daily.

Pilot secures $650 million via syndicated secured borrowing base loan

By Devika Patel

Knoxville, Tenn., April 1 – Pilot Co. entered into a $650 million oversubscribed syndicated secured borrowing base loan on March 26, according to a press release.

ING was the lead arranger and bookrunner and BNP Paribas, Rabobank, MUFG and Wells Fargo Bank NA were also bookrunners.

Pilot, based in Knoxville, Tenn., offers travelers a network of retail and fueling locations.


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