Bankruptcies remain a rare occurrence for companies in the Aerospace & Defense (A&D) and Industrial & Manufacturing (I&M) sectors, according to a new report published by Fitch Ratings.High-yield bond default rates for A&D and I&M companies averaged 1...
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August 06, 2018, 07:12 AM
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SSG Capital Advisors acted as the investment banker to DFW Grating, Inc. in the sale of substantially all of its assets to a subsidiary of Powerbrace Corporation. The transaction closed in May 2018. DFW is a leading manufacturer and fabricator of...
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June 01, 2018, 07:07 AM
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Keane Group, Inc. announced that on May 25, 2018 the Company entered into a new senior secured term loan facility in an initial aggregate principal amount of $350 million to refinance its existing term loan credit facility, of which approximately...
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May 30, 2018, 07:13 AM
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Rothschild Global Advisory expanded its North American business with the hiring of Sumner Farren and Sara Coyle as Managing Directors in its Chicago office. Farren and Coyle will join the Industrials group starting in late June.“The addition of...
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May 11, 2018, 07:12 AM
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Washington Equity Partners, a private equity firm based in the Washington DC metro area, in partnership with the Company's existing owners and management, announced an investment in Arc Drilling LLC. Headquartered in Cleveland, Ohio, Arc Drilling is...
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November 22, 2017, 07:09 AM
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Leveraged loan volume reached $874.7 billion year to date, an increase of 77.5% over the $492.9 billion raised at the same time last year and an indication the market could achieve new record volumes by year end, according to Thomson Reuters LPC data...
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August 28, 2017, 08:37 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $23,700,000 senior credit facility to Shawnee, Oklahoma based Shawnee Tubing Solutions, LLC. The transaction was part of an acquisition of select assets...
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June 15, 2017, 07:06 AM
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