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Wells Fargo Announces New Structure for Its International Business
Seeking to better align its international banking services with the customers they serve, Wells Fargo & Company announced that its International Group will be integrated into other Wholesale Banking business lines, enhancing how they serve middle market, corporate and financial institution customers...
Avaya Files for Chapter 11, Secures $725MM DIP Facility From Citibank
Telecom provider Avaya Inc. announced that it has commenced a formal proceeding to restructure its balance sheet to better position itself for the future. To facilitate this restructuring, the Company filed voluntary petitions under chapter 11 of the U.S. Bankruptcy Code in the United States...
Wells Fargo Capital Finance Provides $75MM Credit Facility to Trans World
Trans World Entertainment Corporation announced that on January 17, 2017 the Company entered into an amended five-year revolving secured credit agreement with Wells Fargo Capital Finance, a division of Wells Fargo & Company of up to $75 million. The new credit facility amends the Company’s previous...
TD Securities Arranges $700MM Revolver For Colliers International
Colliers International Group Inc. announced that it has expanded and extended its multi-currency revolving credit facility (the “Facility”) to reinforce its already strong financial position and increase its flexibility for future growth. Borrowing capacity has been expanded to US$700 million, from...
Strict Foreclosure Under Article 9: The Born Legacy
Robert M. Wonneberger
A Kansas Supreme Court decision illustrates some of the issues a secured lender must consider when contemplating strict...
12/1/2016 Topic: Legal Issues
A Kansas Supreme Court decision illustrates some of the issues a secured lender...
Topic: Legal Issues
For those few firms who can combine old-world and new-age methods, opportunities...
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