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Merkle amends credit facility with M&T to upsize to $325 million
By Jennifer Chiou
New York, Nov. 13 – Merkle Group Inc. announced that it has amended its senior secured credit facility with M&T Bank Corp. as lead arranger and bookrunner, bringing the capacity up to $325 million and increasing flexibility.
Lenders include Bank of America, NA, Capital One, NA, Fifth Third Bank, Santander Bank, NA, BB&T, PNC Bank, First Commonwealth Financial, Tristate Capital and Stifel Bank.
Proceeds will be used for general corporate purposes and acquisitions.
Based in Columbia, Md., Merkle is a customer relationship marketing firm.
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