Wells Fargo & Company announced that its Middle Market Banking division led a syndicated credit facility to support Foley Inc.’s acquisition of Giles & Ransome Inc. Specific terms were not disclosed.
Foley, a regional Caterpillar dealer, acquired...
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April 20, 2018 @ 07:26 AM
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Loan Assets of OnDeck, LLC (LAOD), a wholly-owned subsidiary of On Deck Capital, Inc., established a new $100 million asset-backed revolving debt facility with Pioneers Gate LLC, as a Lender, the other Lenders party thereto from time to time, 20...
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April 20, 2018 @ 07:20 AM
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Alvarez & Marsal (A&M) announced that Jeffrey Huddleston has joined as a Managing Director in the firm’s Houston office. Huddleston specializes in advising distressed companies, lenders and creditors on both in-court and out-of-court restructurings...
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April 20, 2018 @ 07:17 AM
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Super Micro Computer, Inc., a global leader in high-performance, high-efficiency server, storage technology and green computing, today announced that the Company has closed an expanded new credit facility, replacing its existing amended credit...
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April 20, 2018 @ 07:14 AM
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BlackRock Inc. and Tennenbaum Capital Partners, LLC (TCP) announced a definitive agreement under which BlackRock will acquire TCP, a manager focused on middle market performing credit and special situation credit opportunities.
The acquisition...
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April 20, 2018 @ 07:13 AM
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The Bon-Ton Stores, Inc. announced that the U.S. Bankruptcy Court for the District of Delaware has approved an asset purchase agreement between the Company and a joint venture composed of the holders of the Company’s 8.0% Second Lien Secured Notes...
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April 19, 2018 @ 08:00 AM
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Encina Business Credit, LLC (EBC) announced that Brian Banning has been appointed Senior Managing Director of Originations with responsibility for leading new business development activity in Michigan and Ohio. Banning, who is based out of the...
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April 19, 2018 @ 07:24 AM
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Cerberus Capital Management, L.P. and its affiliates (Cerberus), a global leader in alternative investing, announced that Matt Zames has been appointed President of Cerberus; Frank Bruno has been promoted to Co-Chief Executive Officer of Cerberus;...
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April 19, 2018 @ 07:22 AM
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Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the launch of a Professional Services Group, which will be led by William C. Gascoigne. This team will focus on providing customized solutions to meet the specific needs of...
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April 19, 2018 @ 07:12 AM
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Nexperia, a developer of semiconductor technology, announced the successful completion of a refinancing of its current facilities with $800 million equivalent of senior credit facilities. This includes a significant proportion of Revolving Credit...
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April 19, 2018 @ 07:00 AM
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