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White Oak Healthcare Finance Provides $41.5MM to LifeCare Home Health
LifeCare Home Health LLC, a leading post-acute health care company, announced the acquisition of Beyond Faith Homecare & Rehab LLC, which has multiple locations across Texas. White Oak Healthcare Finance, LLC (White Oak) leads the financing as sole lender and agent.  “Our mission is to build a multi...
Barclays, Others Join in $150MM Endeavour Mining Upsize
Endeavour Mining announced that it has refinanced its previous Revolving Credit Facility (RCF) on improved terms and upsized it to $500 million from $350 million, thereby providing significant headroom to fund its growth projects. Sébastien de Montessus, President & CEO, stated: "We are delighted...
Ares Commercial Finance Provides $15.5MM Credit Facility to Colorado Asphalt Services, Inc.
Ares Commercial Finance announced that it has provided a $15.5 million senior secured credit facility to Colorado Asphalt Services, Inc. The company, headquartered in Commerce City, Colorado, is a full-service asphalt paving and concrete flat-work company. Proceeds of the financing were used to...
Citibank Agents Amendment to TEVA Credit Facilities
Teva Pharmaceutical Industries Ltd., announced amendments to its USD and JPY term loan and revolving credit facilities, providing Teva greater flexibility in its financial leverage ratio covenants. The amended leverage ratio covenants in the credit agreements permit a maximum leverage ratio of 5.0...
Banking on IP: An Insider’s Perspective
Jeffrey Sweeney
When additional collateral is required for an asset-based finance deal, innovative alternative lenders can leverage...
9/19/2017 Topic: Credit Underwriting
John Pencak, a Managing Director at Conway MacKenzie, discusses the outlook for...
Ben Nicholson, of Fortis Business Advisors, writes on the short- and long-term...
Topic: Bankruptcy
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