Regal Cineworld Group, a leading global theatre operator, has successfully secured a new $1.9 billion USD Term Loan B facility (the "New Facility"). The New Facility is priced at SOFR + 525 bps with a maturity date of December 1, 2031, and replaces...
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December 04, 2024, 08:00 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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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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JPMorgan Chase announced Matt Sable will become the Chief Financial Officer for Commercial Banking. He’s based in New York and will report to Doug Petno, CEO of Commercial Banking, and Jeremy Barnum, CFO for JPMorgan Chase. In this role, Matt and his...
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September 11, 2023, 08:02 AM
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MidOcean Partners, a New York–based alternative asset manager specializing in middle-market private equity and alternative credit investments, announced that Erik Oken, former Global Chairman of Investment Banking at JP Morgan, has joined the firm as...
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June 06, 2022, 07:45 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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Potbelly Corporation has entered into a definitive securities purchase agreement with existing and new investors to raise approximately $16 million. The closing is anticipated to occur on February 12, 2021, subject to customary closing conditions. ...
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February 11, 2021, 07:50 AM
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J.P. Morgan Asset Management and Hazeltree, a leading provider of cloud-based treasury solutions for investment managers, have partnered to deliver a unique and integrated cash and liquidity management platform to private equity, private credit, real...
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July 22, 2020, 09:05 AM
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Ares Capital Corporation announced that it has increased commitments under its Revolving Credit Facility (the Facility) to approximately $3.6 billion and extended the final maturity date to March 30, 2025. The Facility was led by JP Morgan, Bank of...
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March 31, 2020, 09:15 AM
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NN, Inc., a diversified industrial company, today announced that it has successfully amended its senior credit agreement to, among other things, extend the maturity date of its revolving facility to July 20, 2022, and extend its April 2021 Term Loan...
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December 23, 2019, 08:45 AM
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J.P. Morgan Commercial Banking announced the launch of a new venture capital coverage effort and four executive hires within Middle Market Banking and Specialized Industries (MMBSI). This marks a significant milestone as J.P. Morgan continues to...
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November 05, 2019, 08:55 AM
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Ares Capital Corporation announced that it has completed all necessary amendments to its secured revolving facilities to allow it to use the flexibility and incremental leverage provided by the Small Business Credit Availability Act (SBCAA).
Ares...
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October 03, 2018, 07:19 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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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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Ares Capital Corporation announced that it has increased its total borrowing capacity in conjunction with the closing of its previously announced acquisition of American Capital, Ltd. Ares Capital increased its total debt facility capacity from $2.2...
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January 05, 2017, 10:00 AM
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Reuters reports that cash-strapped energy firms are coming under increasing pressure from U.S. bank lenders and, on average, could see a 15 percent to 20 percent cut in their credit lines. The Reuters article references comments the head of JP...
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February 24, 2016, 07:49 AM
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GE announced that it has signed a memorandum of understanding (MOU) for the potential sale of its Equipment Finance and Receivable Finance businesses in France and Germany to Banque Fédérative du Crédit Mutuel (BFCM), representing ending net...
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December 03, 2015, 08:13 AM
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Tim Hortons Inc. and Burger King Worldwide Inc. announced a definitive agreement under which the two companies will create a new global powerhouse in the quick service restaurant sector. With approximately $23 billion in system sales, over 18,000...
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August 27, 2014, 07:53 AM
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Medley LLC, a leading asset manager, announces that Peter McLaughlin has joined their team as Managing Director on the Direct Lending Team.McLaughlin will play a key role in further developing the firm's relationships with private equity firms and...
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August 04, 2014, 07:17 AM
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Deutsche Bank announced two appointments within its Corporate Finance group in North America. Stefan James joins as Managing Director and Head of Corporate Banking Coverage (CBC), North America and Tim King will join as Managing Director and Head of...
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June 27, 2014, 07:06 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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Harvest Partners, LP (“Harvest”), a New York-based private equity firm, announced its portfolio company TruckPro, LLC (“TruckPro”), a leading distributor of heavy duty truck and trailer parts and repair services, has purchased CCI Corporation (“CCI”)...
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August 09, 2013, 07:53 AM
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AOL’s Board has authorized the company to enter into a five-year secured $250 million revolving credit facility with a syndicated bank lending group, led by JP Morgan Chase Bank, N.A. The facility is secured by substantially all the assets of AOL and...
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July 09, 2013, 07:44 AM
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Allscripts announced it has closed its new senior secured credit facilities and completed other previously announced capital structure initiatives.
Allscripts recent capital structure initiatives provide the company with improved capital efficiency...
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July 03, 2013, 07:28 AM
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Air Lease Corporation announced today the closing of a four year unsecured revolving bank credit facility for $1.7 billion priced at LIBOR +1.45%, with no LIBOR floor.This new facility amends and updates our existing bank facility, by increasing the...
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May 08, 2013, 07:16 AM
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Gogo, the leader of in-flight connectivity and a pioneer in wireless in-flight digital entertainment solutions, announced today that it has closed a $113 million increase to its existing $135 million credit facility arranged by Morgan Stanley and J.P...
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April 11, 2013, 07:18 AM
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