Cerberus Capital Management announced that its middle-market direct lending platform, Cerberus Business Finance, completed the final close of its latest flagship fund, Cerberus Levered Loan Opportunities Fund IV (“Fund IV”). Fund IV closed with $2.4...
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March 10, 2021, 08:10 AM
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Safeway Inc., the second-largest U.S. grocery-store chain, agreed to be bought by Cerberus Capital Management LP’s Albertsons in a deal valued at about $9.2 billion, creating a bigger competitor to Kroger Co. and big-box rivals.
Safeway investors...
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March 07, 2014, 07:06 AM
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AMF Bowling Worldwide, Inc. and certain of its affiliates ("AMF") filed a new chapter 11 plan of reorganization and disclosure statement today sponsored by Strike Holdings LLC (known as Bowlmor), and certain of AMF's second lien lenders, including...
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May 20, 2013, 07:51 AM
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Bloomberg reports Cerberus Capital Management LP, the private-equity firm led by Stephen Feinberg, has raised $1.32 billion for a middle-market loan fund that will seek to take advantage of a pullback in lending.
One of Cerberus Levered Loan...
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March 21, 2013, 08:07 AM
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Fitch Ratings has affirmed SUPERVALU Inc.'s (SVU) Issuer Default Rating (IDR) at 'CCC' following its announcement of a definitive agreement to sell its Albertsons, Acme, Jewel-Osco, Shaw's and Star Market stores and related Osco and Sav-on (brands...
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January 14, 2013, 07:04 AM
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ZAGG Inc, a mobile device accessories company, entered into an $84 million credit facility with Wells Fargo Bank, consisting of a $24 million two-year term note and a $60 million revolving line of credit. With these new loans in place ZAGG has...
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December 13, 2012, 07:18 AM
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