CoreWeave closed a $650 million credit facility, led by JPMorgan Chase, Goldman Sachs, and Morgan Stanley, with participation from Barclays, Citi, Deutsche Bank, Jefferies, Mizuho, MUFG, and Wells Fargo. Proceeds from this revolving credit facility...
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October 14, 2024, 08:12 AM
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BrightNight, a renewable power producer built to deliver clean and dispatchable power solutions, succesffully closed a $440 million strategic equity investment from Goldman Sachs Alternatives.This investment, together with existing capital...
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October 08, 2024, 07:50 AM
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Oportun, a mission-driven financial services company, closed an amendment and extension to its long-term warehouse facility. Features of this facility include:
$306 million total commitment
Goldman Sachs as senior lender – and Jefferies, as...
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September 24, 2024, 07:00 AM
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Peloton Interactive has successfully completed a holistic refinancing that reduced overall debt, extended debt maturities and achieved more flexible loan terms.Summary of Transactions
The Company syndicated and closed a new $1 billion five-year...
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May 31, 2024, 07:44 AM
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Reuters reported that Goldman Sachs Asset Management's alternative investments platform said on Wednesday its latest fund had raised more than $20 billion for senior direct lending.According the Reuters report, the fund named West Street Loan...
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May 30, 2024, 08:00 AM
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DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, established a new $725 million credit facility with which to finance its ongoing and future data center construction projects. The new...
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April 11, 2024, 07:50 AM
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MPOWER Financing, a mission-driven fintech firm and the leading provider of non-cosigned loans to promising students from around the world, closed on debt financing that has propelled the firm's overall lending capacity to over $300 million. Active...
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November 08, 2023, 08:00 AM
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A credit crunch has descended upon small business owners nationwide hindering their growth and causing some to say that if it continues, they’ll be forced to close. A new nationwide survey from Goldman Sachs 10,000 Small Businesses Voices shows 78...
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October 26, 2023, 07:00 AM
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Goldman Sachs entered into an agreement to sell the GreenSky platform and associated loan assets to a consortium of institutional investors led by Sixth Street (the “Consortium”). The transaction is expected to close in the first quarter of 2024...
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October 12, 2023, 08:15 AM
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Ampla, a leading provider of financial solutions for consumer brands, announced the raise of a $258 million credit warehouse facility with Goldman Sachs and Atalaya Capital Management. The new debt facility provides incremental financing to power...
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September 08, 2023, 07:44 AM
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Sixth Street, a leading global investment firm, announced that Julian Salisbury will become a partner of the firm and serve as Co-Chief Investment Officer alongside Chief Executive Officer Alan Waxman and Co-President Joshua Easterly. Salisbury is...
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July 31, 2023, 08:00 AM
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ChargePoint Holdings, a leading electric vehicle (EV) charging network, entered a new credit agreement which provides for a $150 million revolving credit facility led by JPMorgan Chase Bank as Administrative Agent and Joint Lead Arranger, HSBC...
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July 28, 2023, 07:34 AM
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RecNation Storage, a leading owner, operator and developer of specialized recreational vehicle and marine storage facilities, amended and upsized its revolving credit facility to borrow up to $500 million assuming certain conditions are met. The...
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May 26, 2023, 07:55 AM
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MPOWER Financing, a mission-driven fintech firm and a leading provider of non-cosigned loans to promising students from around the world, announced that it recently closed a $150 million revolving asset-backed warehouse facility with Goldman...
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May 10, 2023, 08:02 AM
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Bank of America, Citigroup, JPMorgan Chase and Wells Fargo announced they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY-Mellon...
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March 17, 2023, 07:58 AM
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Global investment firm Carlyle announced that its Board of Directors has unanimously agreed to appoint Harvey M. Schwartz as Chief Executive Officer and a member of the Board, effective February 15, 2023. At that time, Bill Conway will step down as...
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February 06, 2023, 08:00 AM
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Airbase, a spend management platform for mid-market and enterprise companies, announced $150 million debt financing led by Goldman Sachs.This latest funding, which closed this month, will allow Airbase to expand its innovative charge card program to...
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July 18, 2022, 08:00 AM
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HireRight Holdings amended and upsized its revolving credit facility, increasing the committed line under the Revolving Facility to $145 million, effective June 3, 2022. As part of the expanded Revolving Facility, Goldman Sachs, Royal Bank of Canada...
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June 08, 2022, 07:49 AM
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Deserve, the venture-backed fintech company expanding and powering the real-time credit card economy, announced today a new $250 million credit facility with Goldman Sachs, Cross River, and Waterfall Asset Management.With Deserve's digital-first...
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May 12, 2022, 07:50 AM
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ProPetro Holding Corp. extended its existing asset-based loan facility to a five-year term and a reduction of commitments from $300 million to $150 million. The Amended ABL will extend the maturity from 2023 to 2027 and, through updated advance...
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April 14, 2022, 07:38 AM
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Kyte, a company pioneering cars delivered to you on-demand, closed an asset-backed credit financing of up to $200 million from Goldman Sachs and the Ares Global Management Alternative Credit Team to accelerate the company's fleet growth and margin...
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March 25, 2022, 08:08 AM
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Goldman Sachs BDC announced that Alex Chi and David Miller, co-heads of Goldman Sachs Asset Management Private Credit in the Americas, will become co-CEOs and co-Presidents of Goldman Sachs BDC, Inc., effective March 2022. After a 15-year career at...
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December 21, 2021, 08:06 AM
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Opy USA and its parent company Openpay Group signed a $271.4 million secured debt facility with Goldman Sachs and investment advisory firm Atalaya Capital Management. As Opy solidifies its expansion into the US payments market, this unparalleled...
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October 08, 2021, 07:50 AM
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J.P. Morgan Asset Management announced the launch of J.P. Morgan Private Capital, which includes a new growth equity investment arm and an existing private debt business, committed to providing customized solutions for early and growth stage...
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June 08, 2021, 07:56 AM
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Ares Commercial Finance (“ACF”) provided a $20 million accounts receivable securitization for K&N Funding, LLC, an affiliate of K&N Engineering, Inc. K&N®, a portfolio company of funds managed by Goldman Sachs Asset Management, is an industry-leader...
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June 08, 2021, 07:52 AM
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Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC, one of the...
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April 01, 2021, 08:05 AM
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Atotech Limited closed on the refinancing of its senior secured credit facilities. In particular, five of its indirect wholly owned subsidiaries—Alpha 3 B.V., Alpha US BidCo, Inc., Atotech B.V., Atotech Deutschland GmbH and Atotech Asia Pacific...
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March 22, 2021, 05:34 AM
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XPO Logistics announced the refinancing of $2.0 billion of existing term loan facilities to, among other things, reduce the applicable interest rate.The existing $1.5 billion term B facility, which bore interest at a rate of LIBOR plus 2.00%, and the...
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March 08, 2021, 06:00 AM
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Utz Brands announced the closing of its term loan refinancing. Bank of America, Goldman Sachs and Credit Suisse acted as Joint Bookrunners and Joint Lead Arrangers on the New Term Loan. Bank of America is the Administrative Agent. As part of the...
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January 21, 2021, 08:33 AM
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Finitive, a private credit platform providing institutional investors with direct access to alternative lending investments, announced that QuadPay, the US-based payment installment platform, has secured a senior secured committed revolving line of...
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September 25, 2020, 09:00 AM
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Deserve, the venture-backed fintech company expanding and powering the real-time credit card economy, announced it has secured $50M in equity investment. The round of funding was led by Goldman Sachs with continued investment from existing backers...
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February 25, 2020, 09:10 AM
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Ribbon announced it has raised $330 million in equity and debt financing, to facilitate the company's expansion into new markets, and accelerate product development efforts. The company, which helps consumers more easily and efficiently buy homes...
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October 30, 2019, 08:50 AM
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Mexico-based fintech Credijusto, which offers asset-backed loans and equipment leases to small and medium-sized enterprises (SMEs), announced today that it has raised a $42 million Series B financing round. The transaction marks a first foray into...
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August 30, 2019, 08:55 AM
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Mexican fintech Credijusto announced that it has closed a credit facility with Goldman Sachs for up to $100 million. The transaction provides Credijusto with the funding capacity to further expand its lending across Mexico and will support the...
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March 25, 2019, 09:15 AM
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Nav, the leading business financial management app that helps small business find the best financing by giving them free access to business and personal credit reports from major commercial and consumer credit bureaus, announced it has raised $44.8...
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February 13, 2019, 08:06 AM
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Confie, one of the largest privately held insurance brokers and top personal lines provider in the United States, announced it has completed the refinancing of a new $220 million credit facility, led by Goldman Sachs and Barclays. Confie is a...
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November 06, 2018, 07:15 AM
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Clean Harbors, Inc., a Massachusetts corporation, and substantially all of the Company’s domestic subsidiaries as guarantors, entered into an Incremental Facility Amendment dated as of July 19, 2018 to the Company’s existing Credit Agreement dated as...
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July 23, 2018, 07:00 AM
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Conagra Brands, Inc. and Pinnacle Foods Inc. announced that their boards of directors have unanimously approved a definitive agreement under which Conagra Brands will acquire all outstanding shares of Pinnacle Foods in a cash and stock transaction...
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June 27, 2018, 08:00 AM
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Comvest Credit Partners has acted as Documentation Agent and Lender in a $169.5 million senior secured credit facility to American Physician Partners, LLC, a company backed by APP’s management team and BBH Capital Partners.
APP provides hospitals...
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March 22, 2018, 07:00 AM
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Honeywell International Inc. entered into a $1.5 billion 364-Day Credit Agreement with the banks, financial institutions and other institutional lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, Goldman Sachs Bank USA, as...
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February 21, 2018, 07:22 AM
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GNC Holdings, Inc., a global specialty health, wellness and performance retailer, announced that it has decided not to proceed with its previously announced plans to issue, via its wholly-owned subsidiary, General Nutrition Centers, Inc., senior...
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December 11, 2017, 07:00 AM
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CVS Health, a company at the forefront of changing the health care landscape, and Aetna, one of the nation's leading diversified health care benefits companies, announced the execution of a definitive merger agreement under which CVS Health will...
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December 04, 2017, 08:00 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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Houlihan Lokey, Inc., a global investment bank, announced that Reinhard Koester has joined the firm as a Managing Director and Co-Head of the Financial Institutions Group (FIG), where he will help grow the firm’s Specialty Finance practice. He is...
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September 14, 2017, 07:20 AM
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Capital markets net revenues were down for all five U.S. global trading and universal banks (GTUBs) in the second quarter, both sequentially and year over year (YOY), following a generally strong start to the year, according to Fitch Ratings in its...
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September 14, 2017, 07:11 AM
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Newtek Business Services Corp., an internally managed business development company, announced that Newtek Merchant Solutions, Premier Payments LLC, Small Business Lending, LLC, banc-serv Partners, LLC and Newtek Technology Solutions, each a...
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June 23, 2017, 07:00 AM
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J. C. Penney Company, Inc. announced that it has completed the refinancing of its $2.35 billion senior secured asset-based revolving credit facility.
The amended and restated facility provides improved pricing terms and extends the maturity from...
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June 21, 2017, 07:30 AM
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MediaMath, an independent programmatic company for marketers, announced a new $175 million senior secured credit facility, led by Goldman Sachs, in partnership with Santander Bank. MediaMath will use this new line of credit to refinance existing debt...
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June 09, 2017, 07:35 AM
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Foundation Finance Company LLC, a provider of home improvement financing to contractors nationwide, announced that it has obtained a $200 million asset-backed credit facility from Goldman Sachs Group Inc. Foundation Finance will use this credit...
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May 02, 2017, 07:05 AM
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Goldman Sachs has appointed Greg Berube to oversee the investment bank's Americas Restructuring Group.According to an internal company memo provided to ABL Advisor by a Goldman Sachs spokesperson, Berube will focus on continuing to grow Goldman's...
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March 30, 2017, 07:28 AM
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Millicom International Cellular S.A announced that it has entered into a five-year $600 million revolving credit facility with a group of international and regional banks.The successful syndication, which targeted new banks as well as existing...
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January 30, 2017, 07:50 AM
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Primo Water Corporation, the leading provider of multi-gallon purified bottled water, self-service refill water and water dispensers, announced it has completed the acquisition of Glacier Water Services, Inc., for approximately $273 million.The total...
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December 15, 2016, 07:39 AM
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Fifth Street Finance Corp. announced that its Board of Directors has appointed Patrick J. Dalton as Chief Executive Officer and elected him as a member of the Board of Directors, effective January 2, 2017. Dalton will succeed Todd G. Owens, who will...
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November 30, 2016, 07:48 AM
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Aaron Peyton has joined SunTrust Robinson Humphrey as a managing director to be head of Consumer & Retail Syndicated & Leveraged Finance based in New York. Peyton has more than 16 years of experience in leveraged finance covering the consumer &...
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November 15, 2016, 07:43 AM
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Adams Street Partners has expanded its Private Credit team, building on the launch of the strategy by former Oaktree Capital executives Bill Sacher and Shahab Rashid in January 2016.Frederick Chung, formerly a Vice President at Goldman Sachs, has...
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September 12, 2016, 07:25 AM
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Ritchie Bros. Auctioneers Incorporated and IronPlanet® jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire IronPlanet for approximately US$758.5 million, subject to customary closing adjustments.Founded...
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August 30, 2016, 07:23 AM
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Opus Bank announced Curtis A. Glovier, who until recently served as a managing director at Fortress Investment Group, LLC and has served as a director of Opus Bank since the launch of Opus on September 30, 2010, has agreed to join Opus and will be...
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August 04, 2016, 07:05 AM
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CIBC announced that it has entered into a definitive agreement to acquire PrivateBancorp, Inc. and its subsidiary, The PrivateBank, a high-quality Chicago-based middle market commercial bank with U.S.$17.7 billion in assets, complemented by private...
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June 30, 2016, 07:52 AM
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Clear Thinking Group LLC announced that James Rategan has joined the firm as a managing director. In his new role, Rategan will be responsible for leading the firm’s business development initiatives, as well as providing client support.
"We are very...
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June 13, 2016, 11:58 AM
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SUPERVALU INC. announced it has successfully completed the amendment of its existing $1.5 billion senior secured term loan agreement. On July 28, 2015, the Company announced that it is exploring a potential separation of its Save-A-Lot segment, and...
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May 23, 2016, 07:21 AM
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CapX Partners recently promoted two team members located at the firm’s Chicago offices. Ryan Elsass, promoted to Vice President, is now focused primarily on business development multiple geographical regions. Taira Masciantonio, promoted to Associate...
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March 15, 2016, 07:24 AM
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Clayton Williams Energy, Inc. announced it has entered into a credit agreement with certain funds managed by Ares Management, providing for the Lenders to make secured term loans to the company in the principal amount of $350 million. The company...
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March 09, 2016, 08:00 AM
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Victory Park Capital (VPC), an investment firm focused on private middle market debt and equity investments, announced Upacala Mapatuna has joined as chief investment officer. Upacala will bring more than 20 years of financial industry experience and...
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February 17, 2016, 07:51 AM
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Perella Weinberg Partners announced that Bruce H. Mendelsohn has joined the Firm as a Partner in its Advisory business. Based in New York, Mendelsohn will lead the Firm’s restructuring practice, working closely with Partner Kevin Cofsky and the other...
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January 11, 2016, 07:51 AM
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Constellium N.V. announced that its indirect wholly-owned subsidiary Wise Alloys LLC ("Wise") is exploring alternatives to refinance its existing asset-based lending facility, including engaging in discussions with both current and potential new...
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December 10, 2015, 07:56 AM
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Conergy, one of the largest and most experienced downstream solar companies operating globally, has increased its Tennenbaum-led bank guarantee facility to $75 million with funding from Goldman Sachs BDC, Inc. The increase will be used as collateral...
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September 16, 2015, 07:23 AM
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Ryan, a leading global tax services firm, has successfully refinanced its long-term debt and secured a $300 million syndicated credit facility. Led by Goldman Sachs and Bank of America, this new facility includes 15 institutional lenders and four...
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August 17, 2015, 07:36 AM
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Navistar International Corporation announced that it has completed refinancing the $697.5 million senior secured term loan facility of Navistar, Inc., which was due to mature in August 2017, with a new $1.040 billion senior secured term loan that...
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August 10, 2015, 08:00 AM
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The Carlyle Group announced that Jill R. Wight has joined the firm as a principal in the U.S. middle-market team in a newly-created operations role that seeks to harness the global resources of the firm to create value in the middle market fund’s...
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July 17, 2015, 07:17 AM
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Alere Inc. has closed new senior secured credit facilities totaling $1.95 billion and used a portion of the proceeds thereof to repay in full and terminate its existing secured credit facilities. Goldman Sachs Bank USA, GE Capital Markets, Inc., J.P....
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June 19, 2015, 08:03 AM
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Sirius XM Holdings Inc. announced that its subsidiary, Sirius XM Radio Inc., has entered into an amendment to its existing senior secured revolving credit facility with a syndicate of banks and other financial institutions to increase total...
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June 17, 2015, 07:53 AM
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The financial press reported that Tesla filed a Form 8-K filing last week with the Securities and Exchange Commission, noting that the company has raised nearly $500 million in credit from leading banks around the country, ahead of the Model X...
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June 15, 2015, 07:53 AM
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Stock Building Supply Holdings, Inc. and Building Materials Holding Corporation ("BMC"), two leading building materials and solutions providers to professional contractors, today announced the signing of a definitive merger agreement under which the...
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June 04, 2015, 07:56 AM
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Metaldyne Performance Group Inc., a leading provider of highly-engineered components for use in powertrain and safety-critical platforms for the global light, commercial and industrial vehicle markets, announced the completion of a refinancing...
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May 11, 2015, 07:39 AM
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CFO.com reports Goldman Sachs BDC opened trading on the New York Stock Exchange Wednesday after raising $120 million in an initial public offering. The firm is the latest business development company (BDC) backed by a Wall Street investment bank that...
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March 20, 2015, 07:35 AM
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NorthStar Alarm Services, LLC, has increased its credit facility to $80 million, doubling its facility since the company’s recapitalization with Bank of America, Goldman Sachs and The Beekman Group, 20 short months ago. Bank of America remains the...
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February 24, 2015, 08:07 AM
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Rite Aid Corporation announced the completion of an amendment and extension of its existing senior secured credit facility, including an increased borrowing capacity of up to $3.0 billion, or up to $3.7 billion when the company repays its 8.00%...
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January 14, 2015, 07:53 AM
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Santander Bank, N.A. announced that Albert Spada has been named managing director and head of asset based lending. The ABL business at Santander provides commercial banking services to a range of customers across industries and has the capability to...
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November 07, 2014, 07:10 AM
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Versa Capital Management announced its portfolio company AVENUE Stores has finalized a new capital structure to support AVENUE’s continued growth and provide additional interim returns to its equity holders. AVENUE is a specialty retailer with more...
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October 30, 2014, 07:11 AM
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US Capital Partners Inc. announced the recent addition of Sarah Tomita as Vice President of Business Development at the firm's headquarters in San Francisco. US Capital Partners is a private investment bank that makes direct debt investments...
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October 15, 2014, 07:34 AM
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Level 3 Communications, Inc. announced that its wholly owned subsidiary, Level 3 Financing, has received commitments from lenders to increase the borrowings under its existing senior secured credit facility through the creation of a new $2 billion...
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October 14, 2014, 07:15 AM
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SUPERVALU INC. announced it has successfully completed the amendment and extension of its existing $1.0 billion asset-based revolving credit facility (the “Revolving ABL Facility”), which is secured by the company’s inventory, credit card, wholesale...
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October 01, 2014, 06:41 AM
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American Capital, Ltd. has closed American Capital Equity III, LP ("ACE III"), its new private equity fund focused on investing in U.S. companies in the lower middle market. The transaction further expands American Capital's asset management...
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September 25, 2014, 07:56 AM
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Fifth Street Management announced that Todd G. Owens has agreed to join the company as Co-President and a member of the management committee, effective September 29, 2014. In his role, Owens will be responsible for driving growth in Fifth Street's...
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September 09, 2014, 07:28 AM
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Aequitas Capital, an alternative asset management firm focused on private credit and private equity solutions through its specialty finance and asset management divisions, has hired Thomas Goila as Senior Managing Director of Private Credit and...
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September 05, 2014, 08:04 AM
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Dave & Buster's, Inc., a leading operator of high volume entertainment/dining complexes, announced it has closed a $50 million revolving credit facility and $530 million senior secured first lien Term Loan B. The facilities are senior secured...
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July 28, 2014, 07:51 AM
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CIT Group Inc., today announced that it has entered into a definitive agreement and plan of merger with IMB Holdco LLC, the parent company of OneWest Bank N.A. (“OneWest Bank”), for $3.4 billion in cash and stock.OneWest Bank is a privately owned...
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July 22, 2014, 07:51 AM
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Chesapeake Lodging Trust has successfully refinanced its $60.0 million term loan secured by the 122-room Holiday Inn New York City Midtown – 31st Street and the 185-room Hyatt Place New York Midtown South, which matured on July 3, 2014. The term loan...
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July 07, 2014, 07:11 AM
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J. C. Penney Company, Inc. announced it has closed its new $2.35 billion asset-based senior secured credit facility, comprised of a $1.850 billion revolving line of credit and a $500 million term loan. The new facility replaces a $1.850 billion...
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June 24, 2014, 07:28 AM
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Seadrill Partners LLC announced that it is launching a proposed U.S.$1 billion senior secured term loan B, which will be borrowed on substantially the same terms as the company's existing U.S.$1.8 billion senior secured term loan B incurred in...
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June 06, 2014, 06:56 AM
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Waypoint Leasing, a leading global helicopter leasing company, announced that it has closed on a five year $72.5 million term loan facility led by Goldman Sachs. The facility will be used to refinance certain existing helicopters previously acquired...
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May 14, 2014, 06:53 AM
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SUPERVALU INC. announced it has successfully completed the repricing, amendment and extension of its existing $1.0 billion asset-based revolving credit facility, which is secured by the company's inventory, credit card and certain other receivables...
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April 18, 2014, 07:52 AM
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Goldman Sachs and Vestar Capital Partners announced that they have signed a definitive agreement to acquire Hearthside Food Solutions, the largest independent bakery and contract food manufacturer in North America, from Wind Point Partners. Terms...
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March 20, 2014, 07:33 AM
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GB Credit Partners announced it has participated in its first European transaction, which will serve as the foundation of its broader lending strategy for the European market.
The loan is part of a €75 million facility arranged and led by funds...
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February 11, 2014, 07:17 AM
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Cloud Peak Energy Resources LLC. entered into a Commitment Letter, dated January 17, 2014 , with Morgan Stanley Senior Funding, Inc., PNC Bank, National Association, Wells Fargo Bank, N.A., JPMorgan Chase Bank, N.A., Credit Suisse AG, Cayman Islands...
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January 20, 2014, 07:12 AM
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CAN Capital announced $33 million in funding led by Meritech Capital Partners (Meritech) with increased participation and ownership from existing investor Accel Partners (Accel). Meritech and Accel were joined in the funding round by Ribbit Capital...
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January 10, 2014, 07:21 AM
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On December 20, 2013, Riverbed Technology, Inc. entered into a credit agreement and related security and other agreements for a $600 million credit facility providing for a $300 million senior secured term loan facility and a $300 million senior...
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December 27, 2013, 08:02 AM
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Goldman Sachs MLP Income Opportunities Fund recently closed its $395 million committed line of credit with a major U.S. financial institution. The Fund recently completed its initial public offering, raising $826.3 million of equity, excluding any...
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December 27, 2013, 07:23 AM
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First Wind, an independent U.S.-based renewable energy company, announced that its joint venture with Emera, Northeast Wind, has issued a new corporate credit facility, consisting of a $320 million Term Loan B debt facility and a $75 million Letter...
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November 15, 2013, 07:26 AM
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Reuters reported Twitter is finalizing a $1 billion revolving credit facility ahead of its expected initial public offering, sources told Thomson Reuters LPC. According to the Reuters report, Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America...
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October 15, 2013, 07:53 AM
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Fifth Street Finance Corp. closed a public offering of 17,643,000 shares of its common stock, including 2,143,000 shares sold pursuant to the underwriters' option to purchase additional shares, at a public offering price of $10.31 per share for total...
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September 27, 2013, 07:26 AM
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Medical technology company Kinetic Concepts Inc. is buying Systagenix for $485 million, expanding and diversifying the San Antonio-based buyer's wound care offerings.Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley are providing...
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July 31, 2013, 07:13 AM
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Hudson’s Bay Company and Saks Incorporated announced that they have entered into a definitive merger agreement whereby HBC will acquire Saks for U.S.$16.00 per share in an all-cash transaction valued at approximately U.S.$2.9 billion, including debt....
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July 29, 2013, 07:36 AM
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NRG Yield, a subsidiary of NRG Energy, Inc., has closed its previously announced initial public offering of 19.575 million shares of its Class A common stock at a price of $22.00 per share. In connection with the initial public offering, the...
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July 23, 2013, 07:17 AM
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Pacific Drilling S.A. announced the closing of three financing transactions totaling $2 billion. The transactions included an offering of $750 million in 5.375% senior secured notes due 2020, a $750 million senior secured term loan with 2018 maturity...
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June 05, 2013, 07:19 AM
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Capital Access Network, Inc. (CAN) has added $165 million to its line of credit from a syndicate of premier financial institutions, now including Capital One, Amalgamated Bank, Regions Bank, Capital Source and AloStar. These banks join Wells Fargo...
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May 22, 2013, 08:04 AM
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KPS Capital Partners announced that, through a newly formed company, Expera Specialty Solutions, LLC and its affiliates, it has entered into definitive agreements with Wausau Paper Corp. to acquire Wausau's specialty paper business (Wausau Specialty...
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May 21, 2013, 07:49 AM
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NorthStar Alarm Services entered into a transaction to recapitalize the company with a group of new investors including Goldman Sachs and The Beekman Group. In conjunction with the recapitalization, the company has expanded its current credit...
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May 16, 2013, 07:59 AM
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The Wall Street Journal reported that J. C. Penney Company, Inc. announced that it has entered into a commitment letter with Goldman Sachs Bank USA under which Goldman Sachs has committed to provide the Company with a five-year $1.75 billion senior...
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April 29, 2013, 08:05 AM
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MDC Partners announced it entered into an amended and restated five-year $225 million revolving credit facility. An SEC 8-K filing indicates that Wells Fargo Capital Finance is serving as administrative agent. Other lenders include JP Morgan Chase...
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March 21, 2013, 07:52 AM
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Reuters reports the U.S. Justice Department wants a bankruptcy court to strip law firm Kaye Scholer and financial adviser Capstone of more than $10 million they earned through the bankruptcy of investment management firm GSC Group Inc.
The firms...
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January 09, 2013, 07:32 AM
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Goldman Sachs and Barclays are in market with a $1.475 billion credit facility that will back Bain Capital's acquisition of Apex Tool Group, according to Thomson Reuters LPC.
The facility comprises a $175 million revolver, an $835 million term loan...
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November 08, 2012, 08:32 AM
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New York Business Journal reported that Goldman Sachs helped Capital Access Network Inc. close on a $1 billion round of financing that will target small businesses. According to the report, New York City-based Capital Access said the investment bank...
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September 28, 2012, 08:00 AM
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