An annual Capital One survey found that despite overall economic uncertainty, more than three-quarters of asset-backed securities (ABS) professionals (81 percent) expect buy-side interest to increase in the coming year—a nearly 50 percent increase...
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March 17, 2017, 07:15 AM
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OnDeck, a leader in online lending for small business, announced today the closing of a $200 million asset-backed revolving debt facility with Credit Suisse.In addition to its other funding sources, OnDeck may now obtain funding under the new credit...
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December 09, 2016, 08:11 AM
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Performance Sports Group Ltd., a leading developer and manufacturer of high performance sports equipment and apparel, announced that it has executed amendments to its asset-backed revolving credit facility and secured term-loan credit facility that...
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September 02, 2016, 07:11 AM
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The Chefs' Warehouse, Inc., a premier distributor of specialty food products in the United States, announced it has successfully completed the refinancing of its senior secured credit facilities. The company has entered into a new $305 million term...
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June 23, 2016, 07:21 AM
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Private debt specialist Old Hill Partners Inc. has brought former GE Capital executive Shila Ray aboard as Financial Officer. Ray will be responsible for overall finance and fund accounting functions at the company and has been named to the firm's...
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March 22, 2016, 07:41 AM
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Victory Park Capital (VPC), an asset management firm focused on middle-market debt and equity investments, and KKR, a leading global investment firm, announced today the $175 million asset-backed securitization of unsecured consumer loans originated...
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November 20, 2015, 07:45 AM
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The U.S. economic environment continues to be ideal for asset-backed lending, according to a new research report from Old Hill Partners Inc.In its 2015 midyear update, Old Hill Partners' CEO John Howe notes the private lending space continues to be...
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July 06, 2015, 07:28 AM
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Alliance Laundry Holdings has completed a new $400 million asset-backed finance facility supporting its business operations in North America and select European markets.Mike Schoeb, Alliance Laundry president and CEO stated, "Financing is a key...
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June 30, 2015, 07:16 AM
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As the Federal Reserve holds firm on keeping interest rates the lowest in decades, while ceasing to pump up stocks with quantitative easing – causing increased market fluctuations – enthusiasm will remain elevated for investors seeking a high...
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January 29, 2015, 07:13 AM
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Low interest rates, strong economic growth, strong balance sheets, and a lack of commitment from large banks will keep the market strong for asset-backed lending for small and medium-sized businesses in 2015, says Old Hill Partners Inc., in its 2015...
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December 23, 2014, 07:33 AM
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Large banks continue to eschew lower middle-market loans because of heightened regulatory scrutiny and unattractive risk-adjusted spreads as they concentrate on larger, more fertile customers, says Old Hill Partners Inc., in its latest market...
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November 25, 2014, 07:35 AM
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EveryWare Global, Inc. has entered into an amendment to extend the Company's Forbearance Agreement with the administrative agent and certain other lenders under the Company's Term Loan Agreement through July 29, 2014. In addition, EveryWare entered...
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July 24, 2014, 07:11 AM
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EveryWare Global, Inc. has entered into an amendment to extend the Company's Forbearance Agreement with the administrative agent and certain other lenders under the company's Term Loan Agreement through July 22, 2014. In addition, EveryWare entered...
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July 17, 2014, 07:28 AM
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Charles & Colvard, Ltd., the exclusive global supplier of moissanite and Forever Brilliant, The World’s Most Brilliant Gem, has closed a new three-year $10 million asset-backed credit facility with Wells Fargo Bank. The company’s previous credit...
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June 30, 2014, 07:51 AM
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