KKR and Blackstone Real Estate Income Trust announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion.The over 10,000-bed portfolio is...
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April 25, 2024 @ 08:05 AM
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The Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation.“Noncompete clauses...
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April 25, 2024 @ 07:58 AM
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Mattr Corp. successfully closed on its credit facility with The Toronto-Dominion Bank and National Bank Financial Markets as Co-Lead Arrangers and Joint Bookrunners, and Royal Bank of Canada, JP Morgan Chase Bank, Export Development Canada and ATB...
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April 25, 2024 @ 07:47 AM
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U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report.The survey of more than 2,000 senior finance...
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April 25, 2024 @ 07:45 AM
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Gordon Brothers agented a $200 million delayed draw term loan for Big Lots Inc. The U.S. home discount retailer of general merchandise will use the loan’s delayed draw feature to execute on strategic initiatives with the remaining amount to draw upon...
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April 25, 2024 @ 07:40 AM
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B. Riley Securities served as exclusive financial advisor to GCT Semiconductor, Inc. in connection with its ~$667 million business combination with Concord Acquisition Corp III. Upon the closing of the previously announced business combination, the...
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April 25, 2024 @ 07:37 AM
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SLR Digital Finance (SLRDF) funded a $500,000 accounts receivable credit facility for a digital media startup.The company provides programmatic advertising services, helping brands and agencies optimize ad spend across online video, connected TV...
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April 25, 2024 @ 07:18 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the future growth of Epika Fleet Services (“Epika”), an existing portfolio company of Trivest...
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April 25, 2024 @ 07:14 AM
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Stradley Ronon launched an office in Southern California, underscoring the firm’s strategic growth plan in key markets throughout the United States. The office — the firm’s ninth and the first on the West Coast — will be led by partner-in-charge...
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April 25, 2024 @ 07:00 AM
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The following members of the American Bankruptcy Institute (ABI) were elected to leadership positions as officers and directors: Christopher A. Ward of Polsinelli (Wilmington, Del.) has become ABI President for a one-year term, succeeding Soneet R....
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April 24, 2024 @ 08:05 AM
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