AlerisLife, formerly known as Five Star Senior Living, closed a $95 million senior secured term loan with Midcap Funding VIII Trust (“MidCap”), as administrative agent and lender, of which $63 million is currently outstanding. The remaining loan...
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January 31, 2022, 08:00 AM
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The January 2021 launch of fallbacks for derivative contracts that reference Libor will still make it challenging for the industry to adopt new term rates referencing the Secured Overnight Financing Rate (SOFR) before Libor ceases to be quoted at end...
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October 13, 2020, 09:00 AM
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