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Bloomberg: Momentive Senior Lenders Seek to Change Vote on Plan
According to an article from Bloomberg, some senior lenders to Apollo Global Management LLC’s (APO) Momentive Performance Materials Inc. said they want to change their vote on the chemical company’s bankruptcy plan to “yes” so they can collect a cash payment.The Bloomberg article notes that...
GE Capital Provides $850MM in Senior Credit Facilities to Sotheby’s
GE Capital, Corporate Finance announced it is providing auction house Sotheby's with $850 million in senior credit facilities. The new facilities include a $250 million credit line increase and will be used for general working capital and to support the company's business strategy. GE Capital...
Bank of America Agents EnPro Industries’ $300MM Credit Facility
EnPro Industries, Inc. has amended and restated its senior secured revolving credit facility to provide for a five-year, senior secured revolving credit facility of $300.0 million (the “Revolving Credit Facility”). Borrowing availability under the Revolving Credit Facility is not limited by...
GE Antares Capital Finances Acquisition of The Home Décor Companies
GE Antares, a unit of GE Capital, served as administrative agent on a $315 million senior secured credit facility to support the acquisition of The Home Décor Companies by Nielsen & Bainbridge, LLC, a portfolio company of Kohlberg & Company. GE Capital Markets served as joint lead arranger and joint...
Small to Midsized Factors: Which Software is Right for You?
Roseanne Doyle
As a small to mid-size factor, one of the most important questions you will have to answer is: Which software system is...
8/20/2014 Topic: Factoring
Against the backdrop of a stagnant market, companies seek to aggressively manage...
All of us need to be masters of our trade and this mastery should include...
What is the APN?
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