Versana announced that industry veterans Christine Scaffidi and Christopher Fonte have joined the company as Head of Product and Head of Sales, respectively, reporting directly to Cynthia Sachs, Founding CEO. Each brings decades of valuable banking...
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November 09, 2023, 07:35 AM
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UBS has completed the acquisition of Credit Suisse, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group.It marks the last trading day of Credit...
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June 12, 2023, 08:04 AM
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UBS announced it plans to acquire Credit Suisse. The combination is expected to create a business with more than $5 trillion in total invested assets and sustainable value opportunities. It will further strengthen UBS’s position as the leading...
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March 20, 2023, 07:57 AM
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Envision Healthcare, a leading national medical group, closed the first phase of a refinancing transaction with a majority of its first lien term loan lenders and, separately, consummated a refinancing transaction with its revolving lenders. These...
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July 25, 2022, 07:47 AM
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Versana announced its plans to launch a leading-edge, industry-backed syndicated loan platform, joining together banks, institutional lenders and their service providers to bring transparency, efficiency and velocity to this $5 trillion...
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March 17, 2022, 07:54 AM
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Kafene, a fintech company bringing innovation to a key segment of the point-of-sale financing market, has secured $75 million in additional debt and equity to accelerate company growth. The package included a $50 million credit facility from Credit...
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November 19, 2021, 07:57 AM
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CCC Intelligent Solutions completed the successful refinancing of its existing secured credit facility with a new credit agreement comprised of an $800 million senior secured term loan facility and a $250 million senior secured revolving credit...
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September 24, 2021, 07:47 AM
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LendingUSA closed a new credit facility of $200 million from Atalaya Capital Management and Credit Suisse. Sector Financial Inc., an affiliate of Credit Suisse, provided access to the credit facility. LendingUSA has previously closed credit...
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July 29, 2021, 08:00 AM
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HomeLight, the real estate technology platform transforming the home buying and selling process for the top real estate agents and their clients, is expanding its financial offerings, HomeLight Trade-In™ and HomeLight Cash Offer™, to top real estate...
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May 27, 2021, 07:36 AM
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Gogo announced the pricing and allocation of a 7-year $725 million term loan B (the "Term Loan B") and a 5-year $100 million revolving credit facility (the "Revolver" and together with the Term Loan B, the "Facilities"), marking an important...
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April 22, 2021, 08:00 AM
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Fora Financial closed a $100 million revolving credit facility with Credit Suisse and Hudson Cove Capital Management. Sector Financial Inc., an affiliate of Credit Suisse, provided access to the debt facility, which will give the company up to $150...
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April 06, 2021, 06:02 AM
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Bloomberg reported that Credit Suisse CEO Thomas Gottstein signaled he would consider further separating the asset-management unit from the rest of the bank after the Greensill Capital collapse. According to the Bloomberg report, Credit Suisse is...
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March 22, 2021, 08:15 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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West Creek, a fast-growing consumer financing provider, closed a new secured debt facility from Credit Suisse and a fund managed by Neuberger Berman. Sector Financial, an affiliate of Credit Suisse, provided access to the Credit Suisse debt facility....
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February 16, 2021, 07:50 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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Sunnova Energy International Inc. announced that it has closed an aggregate $150 million in financing through an approximately $95 million revolving asset-based loan facility and a private placement of $55 million aggregate principal amount of...
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January 02, 2020, 08:40 AM
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CleanCapital announced its largest acquisition to date, a 75.2 megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital's $250 million investment vehicle...
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July 19, 2019, 08:55 AM
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Searchlight Capital Partners, L.P. has completed the acquisition of Mitel Networks Corporation at $11.15 per share for an aggregate consideration of US $1.38 billion in cash or approximately US $2 billion including assumption of Mitel’s net debt....
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December 03, 2018, 07:35 AM
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LendingUSA, a leading financing provider specializing in point-of-need solutions for merchants, has announced the closing of a $50 million debt facility. Sector Financial, an affiliate of Credit Suisse, one of the world's leading financial services...
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October 17, 2018, 07:14 AM
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BlueVine secured a $200 million asset-backed revolving credit facility with Credit Suisse, one of the world's leading financial services providers. BlueVine will use the capital to expand its highly-successful business line of credit...
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May 01, 2018, 07:25 AM
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Terex Corporation announced that it has increased the size of the revolving credit facility under its Credit Agreement from $450 million to $600 million. According to a regulatory filing, Credit Suisse AG, served as administrative agent and...
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April 11, 2018, 07:09 AM
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Meredith Corporation announced that it has entered into a binding agreement to acquire all outstanding shares of Time Inc. for $18.50 per share in an all-cash transaction valued at $2.8 billion. The transaction has been unanimously approved by the...
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November 27, 2017, 08:01 AM
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Jones Energy, Inc. announced that the Company is exploring strategic alternatives as well as opportunities to strengthen its balance sheet and is working with financial advisors in this process.“Earlier today we announced modifications to our credit...
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November 27, 2017, 07:35 AM
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Kabbage Inc., a global financial services, technology and data platform serving small businesses, announced a new $200 million asset-backed revolving credit facility with Credit Suisse.The new facility diversifies Kabbage’s funding sources, enables...
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November 17, 2017, 07:16 AM
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Golden Entertainment Inc. announced that it completed its previously announced acquisition of American Casino & Entertainment Properties LLC, for $850 million from Whitehall Street Real Estate Partners 2007 in a cash and stock transaction.The...
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October 23, 2017, 07:16 AM
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Newpark Resources, Inc. announced that it has entered into an Amended and Restated Credit Agreement, which amends and restates the company's previous credit agreement and increases the asset-based revolving loan facility from $90 million to $150...
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October 20, 2017, 07:08 AM
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AAC Holdings, Inc. announced it has secured a $65 million acquisition financing commitment from Credit Suisse Securities (USA) LLC in conjunction with a senior secured incremental term loan facility arranged by Credit Suisse Securities (USA) LLC...
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October 10, 2017, 07:15 AM
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Dividend Finance, LLC has partnered with Credit Suisse AG on a $100 million financing facility that will support the continued growth of Dividend’s residential solar lending business. "We are pleased to be working with Credit Suisse to further...
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July 26, 2017, 07:26 AM
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McCormick & Company Inc. announced that it has signed a definitive agreement to acquire Reckitt Benckiser's Food Division from Reckitt Benckiser Group plc for $4.2 billion, subject to certain customary purchase price adjustments.
RB Foods is a...
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July 20, 2017, 08:00 AM
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Credit Suisse is moving Robert Willoughby to the Healthcare Group in its Investment Banking and Capital Markets division, a spokesperson for the company confirmed to ABL Advisor. In his new role Willoughby will serve as a Senior Advisor and will...
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July 14, 2017, 07:27 AM
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Clearlake Capital Group, L.P. announced a definitive agreement to merge enterprise software providers Syncsort Incorporated and Vision Solutions, Inc. as well as the simultaneous sale of a significant ownership position in the combined company to...
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July 06, 2017, 07:51 AM
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WideOpenWest, Inc. subsidiary WideOpenWest Finance, LLC has entered into a seventh amendment to its credit agreement with Credit Suisse AG, as administrative agent, JPMorgan Chase Bank, N.A., as the revolver agent, the company said.The Seventh...
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June 05, 2017, 07:00 AM
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The future of a defining feature of 1980s Americana is under threat thanks to sweeping distress in the retail sector. According to a research note from Credit Suisse, up to a quarter of the nation’s retail malls will close in the next five years as...
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June 01, 2017, 08:00 AM
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Blucora, Inc., a provider of technology-enabled financial solutions to consumers, small businesses and tax professionals, announced that it has closed a new credit facility that includes significantly improved terms and extended maturity dates...
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May 24, 2017, 07:30 AM
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Caesars Entertainment Corporation and Caesars Entertainment Operating Company, Inc. (CEOC) and its Chapter 11 debtor subsidiaries announced the pricing of $1.435 billion of senior secured credit facilities for CEOC, consisting of a $1.235 billion...
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April 05, 2017, 07:10 AM
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Caesars Entertainment Corporation and Caesars Entertainment Operating Company, Inc. and its Chapter 11 debtor subsidiaries announced that CEOC has entered into committed financing agreements for proposed new senior secured credit facilities...
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February 21, 2017, 07:46 AM
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Herbalife Ltd., a global nutrition company, announced that it has closed a new $1.45 billion senior secured credit facility, which consists of a $150 million revolving credit facility maturing 2022 and a $1.3 billion term loan maturing 2023. “This...
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February 16, 2017, 06:37 AM
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CROSSMARK, a sales and marketing services company in the consumer industry that provides growth solutions to manufacturers and retailers, announced that it has entered into an agreement to amend and extend its revolving credit facility. Under the...
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January 09, 2017, 07:14 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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US Capital Partners Inc. announced that Frank Villarreal has joined the firm as Vice President. Headquartered in San Francisco, US Capital Partners is a full-service private investment bank that makes direct debt investments, participates in debt...
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December 07, 2016, 07:12 AM
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RadNet, Inc. announced the successful closing of the previously announced refinancing of its senior secured first lien term loan facility and senior secured revolving credit facility. The refinancing provides for $485 million senior secured first...
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July 01, 2016, 07:53 AM
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Talen Energy Corporation, a competitive energy and power generation company that owns or controls 16,000 megawatts of capacity in eight states, has entered into a definitive merger agreement with affiliates of Riverstone Holdings LLC, a private...
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June 06, 2016, 07:21 AM
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Newpark Resources, Inc. has entered into a new credit agreement, which provides for a $90 million asset-based revolving credit facility ("ABL Facility"). The ABL Facility replaces the existing $150 million credit facility, which has been...
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May 13, 2016, 07:56 AM
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Nortek, Inc, a global diversified industrial company with leading brands and innovative air management and technology-driven solutions for residential and commercial applications, has successfully completed amendments to its asset-based revolving...
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May 11, 2016, 08:01 AM
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The New Home Company Inc. announced that it amended and restated its senior unsecured revolving credit facility. In connection with the amended and restated agreement, the company increased the total commitment from $200 million to $260 million and...
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May 11, 2016, 07:27 AM
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Veritas Autofinance, LLC announced that it has entered into a new one year revolving credit agreement with Credit Suisse AG.Loans under the credit facility were rated by DBRS, Inc. and will be secured by automobile receivables that Veritas now holds...
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February 02, 2016, 07:26 AM
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Consumer Portfolio Services, Inc. has entered into a new two-year revolving credit agreement with Credit Suisse AG and Ares Agent Services, L.P.Loans under the new credit agreement will be secured by automobile receivables that CPS now holds or will...
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December 01, 2015, 07:33 AM
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Innospec, Inc. has successfully closed on an amendment to its multi-currency revolving credit agreement with a group of lenders, comprising Barclays Bank PLC, Credit Suisse AG, Lloyds Bank plc, The Royal Bank of Scotland plc, U.S. Bank National...
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November 10, 2015, 07:33 AM
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RBC Capital Markets acted as administrative agent and left lead arranger on a $175 million asset-based lending revolving financing to support Kelso & Company’s August 20th Acquisition of US LBM Holdings, LLC. The ~$1 billion financing package...
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August 31, 2015, 07:53 AM
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Charter Communications announced that its subsidiary, CCO Safari III, LLC, entered into a $1.0 billion Term Loan H senior secured credit facility and a $2.8 billion Term Loan I senior secured credit facility, each pursuant to the terms of the Charter...
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August 25, 2015, 07:06 AM
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Avant, a marketplace lending platform, announced two newly secured transactions totaling $339 million in debt financing. These recently minted deals bring Avant's funding total to $1.1 billion in debt financing, $334 million in equity financing and...
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August 21, 2015, 07:19 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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Bluestem Group Inc. announced the completion of its acquisition of Orchard Brands Corporation, a leading national, multi-brand family of 13 catalog and eCommerce brands serving the boomer and senior demographics, for $410 million in cash, subject to...
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July 14, 2015, 07:58 AM
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THL Credit Senior Loan Strategies, together with its parent, THL Credit Advisors LLC, announced that it has closed on a $616 million collateralized loan obligation ("CLO"), led by Credit Suisse. THL Credit has now closed on seven new CLOs totaling $3...
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July 10, 2015, 07:50 AM
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Capmark Financial Group Inc. has entered into a definitive agreement to acquire Orchard Brands Corporation for $410 million in cash, subject to various pre- and post-closing adjustments. The transaction will broaden and diversify the customer base...
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May 28, 2015, 07:46 AM
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Pan American Silver Corp. has entered into a new senior secured revolving credit facility with a syndicate of eight lenders.The Facility is a $300 million secured revolving line of credit that matures on April 15, 2019 and is intended for general...
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April 16, 2015, 07:15 AM
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Caraustar Industries, Inc., a portfolio company of H.I.G. Middle Market, the dedicated middle-market investment affiliate of H.I.G. Capital, has completed the acquisition of The Newark Group, Inc. Financing for the transaction was provided by Credit...
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February 20, 2015, 07:47 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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Capmark Financial Group Inc. announced that it has closed its previously announced acquisition of Bluestem Brands, Inc., a multi-brand, online retailer of name-brand and private label general merchandise serving low-to-middle income consumers...
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November 10, 2014, 07:14 AM
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Oceaneering International, Inc. entered into a new credit agreement providing for a $300 million three-year delayed-draw term loan and a $500 million five-year revolving credit facility. The new credit agreement replaces a prior agreement that was...
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October 28, 2014, 07:13 AM
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Magnum Hunter Resources Corporation announced it has closed on two new credit facilities and completely refinanced its prior revolving credit facility. Credit Suisse Securities (USA) LLC and BMO Capital Markets acted as joint lead arrangers for the...
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October 23, 2014, 07:25 AM
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Gunvor Group Ltd announced the launch of the syndication of a US$900 million revolving credit facility in favor of Gunvor International B.V. and Gunvor SA (the "Borrowers"). The facility will replace the maturing tranche of the Borrower's revolving...
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October 13, 2014, 07:27 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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Capmark Financial Group Inc. announced that it has entered into a series of agreements pursuant to which it will acquire Bluestem Brands, Inc. (“Bluestem”), a multi-brand, online retailer of name-brand and private label general merchandise serving...
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September 29, 2014, 08:01 AM
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Ignite Restaurant Group successfully closed on a new $195 million senior secured credit facility. The new four and a half year facility, which consists of a $165 million term loan and a $30 million revolving line of credit, replaces Ignite’s existing...
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August 14, 2014, 07:16 AM
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Innospec Inc. has added a new bank to its existing credit facilities agreement and increased its borrowing capacity under the facilities to $200 million.U.S. Bank has joined the existing banking group supporting Innospec, and is providing an...
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August 01, 2014, 07:08 AM
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Clearlake Capital Group, L.P. announced that it has reached a definitive agreement to acquire ConvergeOne (the “Company”), a leading independent provider of innovative communications solutions and managed services to enterprises globally.Credit...
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May 15, 2014, 07:13 AM
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Mood Media Corporation has successfully raised a new $235 million term loan and a $15 million revolving credit facility to replace the company's existing first lien bank debt and revolving credit facility.
The new facilities will bear an interest...
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May 02, 2014, 07:17 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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Post Holdings, Inc., a consumer packaged goods holding company, announced it has agreed to acquire MFI Holding Corporation ("Michael Foods") from affiliates of GS Capital Partners, affiliates of Thomas H. Lee Partners and other owners.
Michael Foods...
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April 18, 2014, 07:46 AM
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AV Homes, Inc., a developer and builder of active adult and conventional home communities in Arizona, Florida and North Carolina, announced it has entered into a three-year, $65 million senior secured revolving credit facility, that is scheduled to...
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April 10, 2014, 07:22 AM
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Lightyear Capital LLC (“Lightyear”), a New York-based private equity firm focused on financial services investing announced the promotion of Michal Petrzela to managing director.Petrzela joined Lightyear full time in 2005, after working at Lightyear...
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April 07, 2014, 07:18 AM
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Diamond Foods, Inc. announced the completion of the refinancing of its debt capital structure.
"We are pleased with our new debt structure," said Raymond Silcock, Diamond's Chief Financial Officer. "In addition to substantially reducing interest...
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February 20, 2014, 07:43 AM
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NewPage Holdings Inc. announced that its wholly-owned subsidiary, NewPage Corporation, closed on financing consisting of a new $750 million term loan facility led by Credit Suisse Securities (USA) LLC (the "Term Loan Facility") and a new $350 million...
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February 12, 2014, 08:36 AM
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Endeavour International Corporation announced the closing of a $255 million senior secured first lien term loan with an interest rate of 8.25% (Libor + 700 basis points). The first lien note is a strip facility consisting of a $125 million Secured...
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January 27, 2014, 07:31 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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According to various news sources, LightSquared is seeking to pay the fees and expenses on part of its proposed $4 billion financing package, which would move the wireless satellite company's standalone restructuring deal forward as an alternative to...
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January 02, 2014, 07:33 AM
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Cengage Learning Inc. is requesting bankruptcy-court permission for $2 billion in loans that will finance the company's operations after it exits Chapter 11 bankruptcy.The textbook publisher said in documents filed in late December with the U.S....
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January 02, 2014, 07:19 AM
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Tuscany International Drilling Inc.entered into an amending agreement (the "Amending Agreement") to its US $255 million senior secured guaranteed credit agreement with Credit Suisse AG, Cayman Islands Branch, as administrative agent (the "Agent") and...
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December 02, 2013, 07:39 AM
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Endurance International Group Holdings, Inc., a provider of cloud-based platform solutions designed to help small and medium-sized businesses succeed online, announced the successful refinancing and expansion of its first lien term loan facility and...
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November 27, 2013, 07:21 AM
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Energy Transfer Equity, L.P. announced that it has launched the syndication of a new senior secured term loan credit facility. ETE intends to use the net proceeds from the new term loan facility to refinance its existing $900 million senior secured...
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November 04, 2013, 08:01 AM
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Diamond Resorts International, Inc. announced that Diamond Resorts Corporation, an indirect wholly-owned subsidiary of Diamond Resorts International, closed a senior secured revolving credit facility on September 11, 2013, with Credit Suisse AG as...
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September 16, 2013, 07:50 AM
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Computer maker Dell Inc set indicative pricing on the new $5.5 billion loan backing the company's approximately $25 billion buyout by founder and CEO Michael Dell and private equity firm Silver Lake Partners, sources told Thomson Reuters LPC.The new...
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September 12, 2013, 08:02 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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B&G Foods, Inc. has completed the acquisition of Robert’s American Gourmet Food, LLC dba Pirate Brands, a leader in the all-natural snack foods category, from VMG Partners, Michael Repole, founder Robert Ehrlich and certain other entities and...
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July 09, 2013, 07:25 AM
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School Specialty, Inc. announced it has completed its financial restructuring and has officially emerged from its Chapter 11 reorganization. In conjunction with its emergence, School Specialty has a new, fully committed $175 million asset based...
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June 12, 2013, 08:05 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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Digital Cinema Implementation Partners (DCIP) closed on a new $755 million credit facility comprised of an eight-year $680 million term loan B and a five-year $75 million revolving credit facility. The proceeds from the term loan B were used to...
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May 20, 2013, 07:33 AM
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tw telecom inc. announced that its wholly-owned subsidiary tw telecom holdings executed a Second Amended and Restated Credit Agreement with a group of lenders that amends and restates its 2010 Credit Agreement. The Amendment lists Wells Fargo Bank...
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April 19, 2013, 07:11 AM
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