Dynasty Financial Partners closed a minority capital raise to fuel its ongoing growth. Several of Dynasty’s long-standing investors and members of its Board of Directors supported the round, as well as three strategic investors, including existing...
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October 09, 2024, 08:00 AM
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NXT Capital closed a senior credit facility in support of Bansk Group’s acquisition of Foundation Wellness. NXT Capital acted as Joint Lead Arranger, Collateral Agent, and Administrative Agent on this transaction. “NXT Capital helped us structure the...
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September 06, 2024, 07:17 AM
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Sound Point Meridian Capital, a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended, entered into a $100 million “net asset value” revolving credit facility with...
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PennantPark Floating Rate Capital announced that as result of expanded lender partner relationships, it has upsized its credit facility, led by Truist Bank to $611 million from $436 million. Pricing on this facility remained unchanged at SOFR plus...
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Northleaf Capital Partners acted as the sole lead arranger of a US$75 million asset-backed senior secured credit facility to support the growth of Duetti, a music financing platform focused on a wide range of independent artists. The financing will...
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February 16, 2024, 08:00 AM
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Citizens led a $377.5 million senior credit facility for Arlington Capital Partners to support the acquisition of Merrill Technologies Group and the formation of Keel Holdings, LLC. Citizens served as Lead Left Arranger, Left Lead Bookrunner and...
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February 13, 2024, 07:50 AM
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Capital Southwest Corporation, an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced an increase to the total commitments...
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December 12, 2023, 07:29 AM
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Alternative asset management firm HarbourView Equity Partners amended its senior secured credit facility led by Fifth Third Bank. Under the amended facility, HarbourView’s capacity has increased by $100 million, up to $300 million. The firm will use...
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December 06, 2023, 07:34 AM
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Pilot Wave Holdings closed on a $6MM credit facility with Aequum Capital, which will provide working capital to support continued growth and acquisitions of additional portfolio companies. "We are thrilled to secure this credit line from Aequum, as...
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Hannon Armstrong Sustainable Infrastructure Capital (HASI), a leading investor in climate solutions, amended its revolving credit facility effective immediately, increasing the committed line under the revolving credit facility by $240 million to...
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Heritage Global, an asset services company specializing in financial and industrial asset transactions, announced an upsized $17 million credit facility with C3bank which includes the renewal of its existing $10 million line of credit as well as a...
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Tide Rock, a growth-oriented holding company of diverse, economically resilient B2B businesses, announced that its investment vehicle, Tide Rock YieldCo, LLC, has secured a $100 million syndicated revolving loan facility from California Bank & Trust...
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Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the continued growth of Snowden Lane Partners, an existing portfolio company of Estancia Capital Partners.Based in New York, Snowden Lane is a...
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According to an SEC filing, on August 26, 2022, Owl Rock Capital Corporation entered into an Amended and Restated Senior Secured Revolving Credit Agreement, which amends and restates in its entirety that certain Senior Secured Revolving Credit...
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September 01, 2022, 07:42 AM
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The Swiss Helvetia Fund, a non-diversified registered closed-end investment company (the "Fund"), entered into a secured credit agreement with U.S. Bank that provides the fund with up to $15,000,000 of funding on a revolving basis, subject to a limit...
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CIT, a division of First Citizens Bank, announced that its Asset-Based Lending business arranged a senior secured credit facility for FPA WhiteHawk III-Plus Master Fund L.P. to facilitate the Fund's investments. The FPA WhiteHawk Fund seeks to earn...
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January 26, 2022, 07:53 AM
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On December 24, 2021, Bain Capital Specialty Finance, Inc. entered into a senior secured revolving credit agreement as Borrower, with Sumitomo Mitsui Banking Corporation, as Administrative Agent and Sole Book Runner, and with Sumitomo Mitsui Banking...
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January 03, 2022, 07:50 AM
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Victory Capital Holdings successfully completed the syndication of a $505 million Incremental Term Loan Facility to fund the acquisition of WestEnd Advisors. The Incremental Facility will bear interest at a rate per annum equal to LIBOR, subject to a...
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November 23, 2021, 07:14 AM
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Virtus Investment Partners, which operates a multi-boutique asset management business, completed the refinancing of its existing credit agreement with a new $275 million senior secured term loan and $175 million revolving credit facility. The...
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September 29, 2021, 07:25 AM
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FLC Credit Partners, a private credit fund manager specializing in family- and entrepreneur-owned businesses, provided a $21 million loan facility to Spouting Rock Asset Management (“SRAM”) which will use the capital to fuel its growth and...
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FinEX Asia Investment Limited announced that it has closed a $100 million credit facility with Macquarie Group, which will enhance yields for investors of FinEX Asia's US consumer credit strategies. FinEX Asia is a Hong Kong licensed asset management...
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Commercial Credit, Inc. and BDT Capital Partners have closed the equity investment announced earlier this month. The transaction gives BDT a majority equity stake in one of the largest independent commercial finance companies in the United...
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Fortress Transportation and Infrastructure Investors LLC announced the signing of an Amendment to an Existing Credit Agreement with JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc., and Barclays Bank PLC as lenders and issuing banks...
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February 11, 2019, 07:05 AM
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Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Sole Lender in...
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October 29, 2018, 07:13 AM
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FS Energy and Power Fund (FSEP) announced it has raised over $1 billion of debt financing that simplifies its capital structure, diversifies its funding sources, enhances its matching of asset and liability duration, and ultimately allows for greater...
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August 20, 2018, 07:04 AM
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Owl Rock Capital Partners, a credit firm founded by former Blackstone Group LP and KKR & Co. dealmakers, is close to finalizing raising money for a $3 billion loan fund, according to a Bloomberg report. According to the report, the $3 billion loan...
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August 13, 2018, 08:30 AM
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TD Ameritrade Clearing, Inc., a wholly-owned subsidiary of TD Ameritrade Holding Corporation, entered into a Credit Agreement with the lenders party thereto, led by Wells Fargo Securities, LLC, Barclays Bank PLC, Citibank, N.A., JPMorgan Chase Bank...
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Crystal Financial LLC announced the closing of a $25.0 million Senior Credit Facility for Standard Diversified Opportunities Inc. (SDOI).
SDOI is a publicly-traded holding company, which invests directly in middle-market operating businesses. To...
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Kudu Investment Management, LLC, a capital provider to asset management and wealth management firms, announced that it has closed a $250 million investment from funds managed by Oaktree Capital Management, L.P., the global alternative investment...
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February 12, 2018, 07:18 AM
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NXT Capital, LLC announced the final closing on approximately $415 million in equity capital, above its original $350 million target, for NXT Capital Senior Loan Fund V, LP (Fund V). When coupled with targeted leverage, Fund V will have approximately...
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November 06, 2017, 07:09 AM
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Genesis Capital, LLC, a specialty commercial lending platform providing financing solutions to professional residential real estate developers, announced that it has signed a definitive agreement with an affiliate of Goldman Sachs to support the...
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October 13, 2017, 07:55 AM
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ENGS Commercial Finance Co. (ENGS) announced that it has closed on a new revolving credit facility for its Factoring subsidiary, ENGS Commercial Capital, LLC. This new facility is with Wintrust Commercial Banking.Tania Daniel, Managing Director for...
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October 03, 2017, 07:08 AM
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Carl Marks Advisors, a corporate restructuring and investment banking firm serving middle market companies and Carl Marks Securities, LLC, the broker-dealer affiliate, capped off a busy and productive summer with the completion of three complex...
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October 02, 2017, 07:13 AM
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Ninepoint Partners LP, which has assumed portfolio management of the Canadian diversified assets of Sprott Asset Management LP, has announced the launch of the Sprott Canadian Senior Debt Fund, managed by Waygar Capital.The fund, which compliments...
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September 29, 2017, 07:55 AM
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Gryphon Investors, a San Francisco-based private equity firm, announced that it held a first and final closing of Gryphon Mezzanine Partners, L.P. at its cap of $100 million of aggregate commitments, excluding the GP commitment. The Fund was...
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August 24, 2017, 07:13 AM
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Natixis Securities Americas LLC announced the closing of a $505 million broadly syndicated collateralized loan obligation (CLO) for Pacific Asset Management, a wholly-owned subsidiary of Pacific Life Insurance company. This marks Pacific Asset...
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August 01, 2017, 07:11 AM
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NXT Capital announced that it has provided a $31.5 million senior secured credit facility to support River Associates Investments’ and Premier Parking’s management team’s acquisition of Premier Parking. NXT Capital acted as the Sole Lead Arranger...
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KCAP Financial, Inc. announced that it has formed a joint venture with Freedom 3 Opportunities LLC, an affiliate of Freedom 3 Capital LLC, to create KCAP Freedom 3 LLC. The Company and Freedom 3 Opportunities LLC contributed approximately $35 million...
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Madison Capital Funding LLC, which focuses on corporate finance solutions for middle-market private equity firms, has closed on its sixth collateralized loan obligation at $325 million. The new CLO, named MCF CLO VI LLC, will have a 5.5-year...
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Stellex Capital Management, a middle market private equity firm with offices in New York and London, announced the successful closing of its debut fund, Stellex Capital Partners LP, with aggregate commitments of $870 million, exceeding the Fund’s...
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Golub Capital announced that as Administrative Agent, Joint Lead Arranger and Joint Bookrunner, it provided a GOLD facility to support TA Associates' strategic investment in MRI Software (MRI). GOLD financings are Golub Capital One-Loan Debt...
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H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital announced the closing of H.I.G. WhiteHorse Direct Lending Fund and H.I.G. WhiteHorse Loan Fund. The Fund closed with aggregate capital commitments of approximately $1.1 billion*, exceeding its...
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Alpine Investors, a San Francisco based private equity firm specializing in high growth, founder-owned, lower middle market companies in software and business services, announced the final closing of its sixth fund, Alpine Investors VI, LP, at its...
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Summit Midstream Partners, LP announced that its wholly owned subsidiary, Summit Midstream Holdings, LLC, has executed an amendment and extension of its $1.25 billion revolving credit facility. The facility is supported by a syndicate of 20...
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PennantPark Investment, a provider of capital to middle-market companies, entered into a First Omnibus Amendment to its Second Amended and Restated Senior Secured Revolving Credit Agreement to, among other things, (i) extend the term of the revolving...
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OnDeck, a provider of online lending for small business, announced that it had extended its current asset-backed revolving credit facility with SunTrust Bank.
As a result of the transaction, OnDeck extended the maturity date of its $100 million...
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LStar Capital has pulled out of its unitranche joint venture with Antares Capital, a spokesperson for Antares has confirmed with ABL Advisor.
The news was first published in a report from PE Hub, which noted that Lone Star Funds has “decided to...
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Honeywell announced the launch of a new investment fund that will invest in early-stage, high-growth technology companies that are strategically aligned to the Company’s portfolio and software capabilities. The initial fund size is expected to be...
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AloStar recently provided a $20 million revolving commitment to Atlanticus Funding IV, a subsidiary of Atlanticus Holdings Corp. (NASDAQ: ATLC) an Atlanta-based holding company that invests in companies in the financial services sector.“AloStar...
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Antares Capital Advisers LLC, a subsidiary of Antares Capital LP announced the closing of Antares CLO 2017-1, LTD., a $2.1 billion collateralized loan obligation (CLO). The CLO represents the largest CLO issued in the U.S. since 2006, and the third...
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Safeguard Scientifics, Inc. has entered into a new $75 million secured, revolving credit facility with HPS Investment Partners, a global investment firm.
Safeguard Scientifics, Inc. provides capital and relevant expertise to fuel the growth of...
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Crestline Investors, Inc., an institutional alternative investment management firm, announced the closing of a $409.44 million collateralized loan obligation (CLO), known as Crestline Denali CLO XV, Ltd., by its Crestline Denali Capital unit.The CLO...
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HighTower recently secured a new credit facility totaling $245 million, an increase of $75 million over the company's previous facility. The financing supports HighTower's pending acquisition of WealthTrust, which includes $6.4 billion in client...
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Cerberus Capital Management, L.P. held its final close for Cerberus Institutional Partners VI, L.P., raising $4 billion of commitments for its sixth flagship multi-strategy fund.CIP VI reached its hard cap with commitments from more than 150...
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LongueVue Capital (LVC), a New Orleans-based private equity firm, announced the final closing of LongueVue Capital Partners III, L.P. Building upon the track record of LVC's predecessor funds, LVC III will focus on private equity investments in lower...
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Monroe Credit Advisors LLC announced that it has recently placed $87.5 million of lease financing for four separate clients representing a variety of industries and leasing products. “We experienced strong demand for our lease advisory services in...
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Genstar Capital, a middle-market private equity firm focused on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, announced the final closing of Genstar Capital Partners VIII with...
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Marlin Equity Partners, a global investment firm, announced the first and final closings of Marlin Equity V, L.P. (Fund V), with $2.5 billion of capital commitments, and Marlin Heritage II, L.P. (Heritage II), with $750 million of capital commitments...
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CIT Group Inc., a provider of commercial lending and leasing services, announced that CIT Healthcare Finance served as joint lead arranger and joint bookrunner for a $275.3 million senior secured credit facility for Blue Wolf Capital Partners, a...
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Cerberus Business Finance, an affiliate of Cerberus Capital Management, L.P., announced that it completed the final closing of its latest middle-market direct lending fund, Cerberus Levered Loan Opportunities Fund III. The aggregate Fund III closing...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support private equity sponsor H.I.G. Growth Partners’ investment in AdTheorent, Inc., in partnership with its founding...
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February 22, 2017, 08:01 AM
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Lovell Minnick Partners, a private equity firm specializing in financial and related business services companies, announced that it has made a growth capital investment in Currency Capital, LLC, an online equipment financing exchange serving owners...
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January 31, 2017, 07:00 AM
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Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Sole Lead Arranger for...
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January 31, 2017, 06:47 AM
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Gamut Capital Management, L.P., a New York-based middle market private equity firm, announced it successfully closed Gamut Investment Fund I, L.P. at $1 billion, exceeding the Fund’s $750 million target.Gamut’s flexible investment strategy...
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January 05, 2017, 07:40 AM
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Cantor Fitzgerald, L.P. (“CFLP”, “Cantor”, or the “Firm”), a leading financial services company, today announced that Anshu Jain has joined the Firm as President. Working with Howard W. Lutnick, Chairman and Chief Executive Officer of CFLP, Mr. Jain...
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January 03, 2017, 08:04 AM
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Founders Advantage Capital has entered into a commitment letter with Alberta Treasury Branches ("ATB") wherein ATB has agreed to provide the Corporation a new $22 million credit facility comprised of a $17 million revolving facility ("Facility A")...
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Breakwater Investment Management, LLC announced the recent closing of a credit facility for its direct lending vehicle, the Breakwater Credit Opportunities Fund, L.P. (“BCOF”). The credit facility is being provided by East West Bank, a wholly-owned...
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AloStar provided a $6.5 million loan to Hercules Funding, LLC, an investment firm based in Palo Alto, CA. Hercules Funding, LLC provides venture funding to a variety of firms including technology and life sciences companies. “Hercules is a great...
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Pacholder High Yield Fund has entered into a $50 million credit facility with lender Pershing LLC, pledging collateral of a portfolio of U.S. corporate investment grade and high-yield bonds. The firm will use the facility to buy preferred shares in a...
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TriplePoint Venture Growth BDC Corp., a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in the technology, life sciences and other high growth industries, has renewed its existing $200...
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January 29, 2016, 07:30 AM
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Insignia Capital Partners LP has closed its debut oversubscribed fund at $358 million. The fund’s limited partners include endowments, public pensions, consultants, insurance companies, family officers and fund of funds. The pool will target North...
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January 08, 2016, 07:15 AM
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WhiteHorse Finance, Inc. announced it has secured a new revolving credit facility with JPMorgan Chase Bank, N.A., through its wholly owned, special purpose financing subsidiary, WhiteHorse Finance Credit I, LLC. The Credit Facility paid off and...
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January 04, 2016, 08:04 AM
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Monroe Capital Corporation announced an amendment and extension of its syndicated credit facility led by ING Capital LLC, which includes a reduction in pricing and an expansion in commitments.The amended facility includes an increase in the size of...
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December 16, 2015, 07:48 AM
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MVC Capital, Inc., a publicly traded business development company that makes private debt and equity investments, announced that it has entered into a three-year, $50 million revolving borrowing base credit facility with Santander Bank as a lender...
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December 11, 2015, 07:26 AM
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Genstar Capital, a leading middle-market private equity firm that focuses on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, announced that it has completed fundraising for...
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August 11, 2015, 07:26 AM
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Medley Capital Corporation announced that MCC Senior Loan Strategy JV I LLC, a joint venture with a premier U.S. provider of fixed and fixed-index annuities, closed on a $100 million 7-year senior secured credit facility. Credit Suisse AG, Cayman...
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August 06, 2015, 07:38 AM
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Golub Capital BDC announced that its wholly owned subsidiary, Golub Capital BDC Funding LLC, increased the size of its credit facility from $150 million to $200 million. In addition, the facility's reinvestment period was extended from November 22...
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August 05, 2015, 07:19 AM
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Monroe Capital Corporation announced that current loan commitments on its syndicated credit facility led by ING Capital LLC have increased by $25 million to $135 million. As previously disclosed, the Company's revolving credit facility can expand up...
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August 03, 2015, 07:39 AM
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Focus Financial Partners, LLC has increased its credit facility from $550 million to $1 billion to support its continued growth. The credit facility is supported by a consortium of leading financial institutions, including Bank of America, SunTrust...
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Triangle closed a new $300.0 million senior credit facility, which replaced thecompany’s existing $165.0 million senior credit facility. The credit facility, which was jointly arranged by BB&T Capital Markets, ING Capital LLC and Fifth Third Bank...
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Ares Capital Corporation amended and extended its senior secured revolving credit facility with 20 banks, including 19 existing lenders and one new lender. Lenders include SunTrust Bank, Bank of America and Merrill Lynch. JPMorgan Chase agented the...
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Main Street Capital Corporation announced the expansion of total commitments under its five-year credit facility (the "Credit Facility") from $522.5 million to $572.5 million. The $50.0 million increase in total commitments was the result of the...
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December 12, 2014, 07:28 AM
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Corporate Capital Trust, a business development company that offers individuals the opportunity to invest in the debt of privately owned American companies, has increased its lending capacity through its senior secured revolving credit facility from...
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December 02, 2014, 07:18 AM
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Sierra Income Corporation announced the closing of an additional $25 million of commitments to its senior secured revolving credit facility. The credit facility was arranged and led by ING Capital LLC . One additional lender joined the lending group...
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November 26, 2014, 07:35 AM
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Gunvor Group Ltd announced the launch of the syndication of a US$900 million revolving credit facility in favor of Gunvor International B.V. and Gunvor SA (the "Borrowers"). The facility will replace the maturing tranche of the Borrower's revolving...
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October 13, 2014, 07:27 AM
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Gladstone Investment Corporation announced that on Sep. 19, it increased its borrowing capacity on its line of credit by $80 million to $185 million in aggregate with the addition of four new lenders. Through its wholly-owned subsidiary, Gladstone...
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September 23, 2014, 07:29 AM
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Sierra Income Corporation (“Sierra” or the “Company”) announced the closing of an additional $30 million of commitments to its senior secured revolving credit facility. The credit facility was arranged and led by ING Capital LLC. Key Equipment...
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August 25, 2014, 07:33 AM
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Fidus Investment Corporation announced the closing of a new $30 million, four-year senior secured revolving credit facility led by ING Capital LLC.The credit facility has a maturity date of June 16, 2018. Borrowings under the credit facility bear...
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Compass Diversified Holdings (CODI), an owner of leading middle-market businesses, signed a credit agreement for a revolving credit facility totaling $400 million and a term loan facility in the amount of $325 million. The two facilities, led by Bank...
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Corporate Capital Trust, a business development company that provides individuals the opportunity to invest in the debt of privately owned American companies, closed a new five-year senior secured term loan for $400 million. JPMorgan Chase Bank, N.A....
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Aequitas Capital, an alternative asset management company specializing in private credit and private equity strategies, today announced that it has reached an agreement with Bank of America Merrill Lynch for a three-year credit facility of up to $60...
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American Capital, Ltd. has amended its $450 million senior secured term loan credit facility. J.P. Morgan Securities LLC was lead arranger and sole bookrunner on the transaction.
The amendment modifies the credit agreement to:
Reduce the interest...
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February 27, 2014, 07:01 AM
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GSV Capital Corp. announced that it has entered into a new $18 million senior secured credit facility with Silicon Valley Bank.Effective as of December 31, 2013, GSV entered into a Loan and Security Agreement (the "Loan Agreement"), with Silicon...
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January 23, 2014, 07:46 AM
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NewStar Financial announced it has served as lead arranger and administrative agent for a senior credit facilities totaling $38 million to support RLJ Equity Partners' ("RLJ") acquisition of Naylor, LLC ("Naylor"). Founded in 1969, Naylor provides...
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January 10, 2014, 07:26 AM
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THL Credit, Inc. announced the closing of an additional $85 million of commitments to its senior secured revolving loan and term loan credit facilities (the Credit Facility). Total commitments to the Credit Facility are $325 million, comprised of...
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October 14, 2013, 07:29 AM
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Apollo Investment Corporation or the "Company," announced an amended and restated credit facility ("the Facility"). The amended facility extends the final maturity by over two years to September 2018 and includes a one year amortization period...
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September 17, 2013, 06:50 AM
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PNC announced a $27 million in senior secured financing for Blue Wolf Capital Partners LLC, a private equity firm, headquartered in New York, N.Y. Blue Wolf Capital used the funds in its acquisition of Suwannee Lumber Company based in Cross City, Fla...
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