Uncertainty has remained a central theme in financial markets over the past several years. Surging inflation, rapid interest rate increases, slowing global growth, increased geopolitical risks and elevated stock and bond market volatility have all...
Read Story
January 17, 2024, 07:35 AM
|
Grindr, the world’s largest social network for the LGBTQ community, completed a refinancing via a new $300 million Term Loan A facility and a $50 million Revolving Credit facility. The joint lead arrangers of the transaction are J.P. Morgan, Bank of...
Read Story
November 30, 2023, 08:10 AM
|
Fluence Energy, a leading global provider of energy storage products and services and optimization software for renewables and storage, entered into a new four-year $400 million Asset Backed Lending (“ABL”) credit facility maturing in November 2027....
Read Story
November 28, 2023, 07:54 AM
|
Versana announced that industry veterans Christine Scaffidi and Christopher Fonte have joined the company as Head of Product and Head of Sales, respectively, reporting directly to Cynthia Sachs, Founding CEO. Each brings decades of valuable banking...
Read Story
November 09, 2023, 07:35 AM
|
The Liberty Company Insurance Brokers (Liberty), one of America’s fastest-growing privately held insurance brokerages, completed a $340 million refinancing transaction on July 31, 2023. The offering was well received by the banking community and was...
Read Story
August 18, 2023, 07:35 AM
|
As a part of its ongoing commitment to the Innovation Economy (IE), J.P. Morgan announced that John China will join the firm as Co-Head of IE for Commercial Banking (CB). Based in San Francisco, China will serve alongside New York-based Melissa Smith...
Read Story
July 11, 2023, 07:41 AM
|
TTM Technologies, a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies and printed circuit boards (“PCBs”), announced the closing and...
Read Story
May 31, 2023, 07:51 AM
|
J.P. Morgan Growth Equity Partners (GEP) closed its inaugural Growth Equity Fund ("Fund"), with over $1 billion in aggregate capital commitments raised from a broad set of institutions, family offices and individual investors across the Americas...
Read Story
April 24, 2023, 07:30 AM
|
Socure, a leading provider of digital identity verification and fraud solutions, entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets. This line of credit will further strengthen...
Read Story
March 09, 2023, 07:45 AM
|
Converge Technology Solutions Corp. a services-led, software-enabled IT & Cloud Solutions provider, increased its $500 million global revolving credit facility to $600 million under its accordion feature on its existing credit terms. J.P. Morgan and...
Read Story
February 10, 2023, 07:41 AM
|
Minority Depository Institutions (MDIs) provide vital financial services to underserved communities and are key to helping close the racial wealth gap. Since 2020, JPMorgan Chase has made more than $100 million in direct equity investments in diverse...
Read Story
December 12, 2022, 07:08 AM
|
Lendbuzz, a fintech company that is disrupting the car financing market using AI and machine learning algorithms, closed a $150 million credit facility with J.P. Morgan.This is the second credit facility between the investment bank and the financial...
Read Story
November 03, 2022, 07:55 AM
|
RumbleOn, the nation’s first technology-based omnichannel powersports platform, today announced that it has entered into a $75 million used powersports inventory financing credit facility with J.P. Morgan. The inventory financing facility supports...
Read Story
October 28, 2022, 07:12 AM
|
Bloomreach entered into a $30 million, three-year credit facility with J.P. Morgan, further strengthening the company's financial position as it continues to scale its commerce experience solutions to businesses worldwide. The $30 million base...
Read Story
October 05, 2022, 07:38 AM
|
Dynasty Financial Partners closed a $50 million revolving credit facility with Royal Bank of Canada (RBC) acting as sole Administrative Agent, and UMB Bank and J.P. Morgan joining RBC as Joint Lead Arrangers and Joint Book Runners. Citibank as well...
Read Story
September 29, 2022, 07:33 AM
|
Clip, Mexico's leading commerce and digital payments platform, continues to strengthen its operations and offerings that drive the digital transformation of Mexico's economy by entering into a $50 million, three-year, unsecured revolving credit...
Read Story
September 08, 2022, 06:00 AM
|
Grid Dynamics Holdings, a leader in enterprise-level digital engineering services and solutions, obtained a new revolving line of credit facility with JPMorgan Chase Bank. The credit facility is up to an amount of $30 million for a period of three...
Read Story
March 18, 2022, 07:58 AM
|
Versana announced its plans to launch a leading-edge, industry-backed syndicated loan platform, joining together banks, institutional lenders and their service providers to bring transparency, efficiency and velocity to this $5 trillion...
Read Story
March 17, 2022, 07:54 AM
|
J.P. Morgan Asset Management announced a new sustainability-focused growth private equity investment team. The team will launch its first private equity strategy focused on investing in growth-stage private companies that drive resource efficiency...
Read Story
January 25, 2022, 08:00 AM
|
USA Compression Partners entered into the Seventh Amended and Restated Credit Agreement effective December 8, 2021, extending the maturity of its senior secured credit facility until December 2026. The credit facility is led by J.P. Morgan and...
Read Story
December 09, 2021, 07:56 AM
|
Gordon Brothers and J.P. Morgan have agreed to provide Myer a A$215 million (US$153.6MM), four-year asset-based lending facility to refinance its existing credit facilities, support strategic initiatives and provide day-to-day liquidity.“We are...
Read Story
November 29, 2021, 07:58 AM
|
Ecobat, the global leader in battery recycling, refinanced existing credit facilities in North America and Europe into a new 5-year upsized global funding facility led by J.P. Morgan. The facility was established by a syndicate of the world's largest...
Read Story
November 09, 2021, 07:00 AM
|
J.P. Morgan is expanding its Commercial Banking business in South Korea to provide midcap companies with access to leading financial capabilities, a strong global network and deep market expertise. This marks the 19th country Commercial Banking has...
Read Story
October 14, 2021, 06:00 AM
|
J.P. Morgan Private Capital appointed Luke Sikora as a Partner of its Growth Equity Partners platform. Sikora will serve as a member of the Investment Committee and help lead the platform's investing efforts on the West Coast. Based in Palo Alto...
Read Story
September 28, 2021, 07:52 AM
|
John Vogiatjis has been named the new head of the diversified finance group (DFG) for commercial banking at J.P. Morgan. Vogiatjis joined the firm in 2017 as a banker on the DFG team, covering nonbank lenders, sustainable finance and financial...
Read Story
September 27, 2021, 08:00 AM
|
J.P. Morgan Commercial Banking announced the hiring of Skip Kelly as managing director and relationship executive on the Venture Capital (VC) Coverage team within its Middle Market Banking and Specialized Industries (MMBSI) group. Based in Boston...
Read Story
December 18, 2020, 08:00 AM
|
Neenah, Inc., a global specialty materials company focused on premium niche markets, announced that the Company has entered into a Term Loan Credit Agreement, providing a Term Loan B Facility of seven years in the amount of $200 million. The Facility...
Read Story
July 01, 2020, 08:35 AM
|
Douglas Dynamics, Inc., North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced it has refinanced its existing senior secured credit facilities with $375 million of new credit facilities, consisting...
Read Story
June 10, 2020, 09:10 AM
|
Confirming the continued strong support of its key relationship banks, on 16 April 2020 ArcelorMittal (the “Company”) received underwriting commitments in respect of a new US$3bn credit facility (the “Credit Facility”).The Credit Facility represents...
Read Story
April 16, 2020, 09:00 AM
|
J.P. Morgan continues to expand its Commercial Banking business with senior appointments to the Corporate Client Banking & Specialized Industries (CCBSI) team in Japan. This new team, part of the Commercial Bank division at JPMorgan Chase Bank, N.A....
Read Story
January 23, 2020, 09:00 AM
|
J.P. Morgan announced that Michael Nagin joined the Real Estate Banking (REB) group within Commercial Banking as Executive Director, covering Greater Los Angeles. Based in LA, Nagin will be dedicated to providing local real estate developers...
Read Story
December 31, 2019, 08:55 AM
|
GlobalSCAPE, Inc., a worldwide leader in the secure movement and integration of data, announced it has entered into a five-year, $55 million senior secured credit facility with a syndicate of banks led by J.P. Morgan.The new credit facility provides...
Read Story
November 19, 2019, 08:45 AM
|
J.P. Morgan announced that the Corporate Client Banking and Specialized Industries’ (CCBSI) Specialty Finance Group, within Commercial Banking, is expanding in strategic markets across the U.S. with key hires. The team provides comprehensive...
Read Story
October 28, 2019, 09:00 AM
|
J.P. Morgan announced that Ivo Voynov has joined the Corporate Client Banking and Specialized Industries (CCBSI) business within Commercial Banking, as an Executive Director for the Northeast group. Based in New York, Voynov will support locally...
Read Story
August 08, 2019, 09:00 AM
|
J.P. Morgan announced that Reginald Lang joined the Corporate Client Banking & Specialized Industries (CCBSI) business within Commercial Banking, as a Managing Director in the Entertainment Industries Group. Lang will report to David Shaheen, who...
Read Story
May 15, 2018, 07:24 AM
|
Annapurna Pictures, an independent film production company led by Megan Ellison — the daughter of Oracle Chief Executive Larry Ellison — has secured a $350 million revolving credit facility, according to multiple news sources. J.P. Morgan served as...
Read Story
September 06, 2017, 08:00 AM
|
J.P. Morgan has rapidly expanded its Life Sciences team within its Commercial Banking business to help companies meet their unique risks, opportunities and challenges. In just one year, the team has recruited key talent and created a national...
Read Story
July 27, 2017, 07:15 AM
|
J. C. Penney Company, Inc. announced that it has completed the refinancing of its $2.35 billion senior secured asset-based revolving credit facility.
The amended and restated facility provides improved pricing terms and extends the maturity from...
Read Story
June 21, 2017, 07:30 AM
|
Swift Energy Company announced that it was oversubscribed on its amended and restated senior secured credit facility. The borrowing base was increased by 32% to $330 million and the maturity was extended to April 2022. J.P. Morgan led the facility...
Read Story
April 20, 2017, 07:07 AM
|
Antares Capital announced the appointment of Peter Nolan to senior managing director, head of Loan Syndicate, Sales and Trading. Effective January 1, 2017, Nolan will take the place of Kevin Burke, who will retire after more than 40 years in the...
Read Story
December 07, 2016, 07:24 AM
|
Centerview Partners, a leading independent investment banking and advisory firm, announced that Sean Carmody has joined the firm's New York office as a Partner in the financial services practice. Carmody was most recently the head of Financial...
Read Story
October 05, 2016, 06:56 AM
|
iStar announced that it has engaged J.P. Morgan, Barclays Capital and Bank of America Merrill Lynch to arrange a $450 million senior secured term loan facility for the company. Proceeds from the new facility will be used to refinance iStar's 2012...
Read Story
June 09, 2016, 07:24 AM
|
Essent Group Ltd. entered into a three-year, $200 million revolving credit facility. Borrowings under the facility may be used for working capital and general corporate purposes, including, without limitation, capital contributions to Essent’s...
Read Story
April 21, 2016, 07:27 AM
|
Avant, a marketplace lending platform, announced two newly secured transactions totaling $339 million in debt financing. These recently minted deals bring Avant's funding total to $1.1 billion in debt financing, $334 million in equity financing and...
Read Story
August 21, 2015, 07:19 AM
|
FTI Consulting has entered into a five-year, $550.0 million senior secured revolving line of credit. The credit facility effectively amends and extends the maturity date of the company's existing $350.0 million credit facility from November 27, 2017...
Read Story
July 01, 2015, 08:01 AM
|
Oppenheimer & Co. announced John Tonelli has joined the firm as Managing Director and Head of Debt Capital Markets and Syndication. Tonelli brings to Oppenheimer over 20 years of fixed income experience, especially in structured credit and secured...
Read Story
June 30, 2015, 07:32 AM
|
Focus Financial Partners, LLC has increased its credit facility from $550 million to $1 billion to support its continued growth. The credit facility is supported by a consortium of leading financial institutions, including Bank of America, SunTrust...
Read Story
June 08, 2015, 07:21 AM
|
Dillard’s, Inc. announced that it has issued a new $1 billion senior unsecured revolving credit facility, taking advantage of favorable market conditions and enhancing the company’s liquidity. This credit facility replaces a secured credit facility...
Read Story
May 15, 2015, 07:31 AM
|
CAN Capital, a leading player in alternative small business finance, announced today that it secured a $650 million credit facility from a dozen leading lenders. Led by Wells Fargo Capital Finance, the transaction includes new commitments from Morgan...
Read Story
April 03, 2015, 07:44 AM
|
J. C. Penney Company, Inc. announced it has closed its new $2.35 billion asset-based senior secured credit facility, comprised of a $1.850 billion revolving line of credit and a $500 million term loan. The new facility replaces a $1.850 billion...
Read Story
June 24, 2014, 07:28 AM
|
Designed to provide an increased physical production capacity and related filmed entertainment ventures, OddLot Entertainment has closed a $50 million revolving credit facility with J.P. Morgan and Comerica as co-lead arrangers which may be...
Read Story
February 21, 2014, 07:44 AM
|
Extreme Reach, Inc., has completed its acquisition of the TV business of Digital Generation, Inc. for $485 million in cash. The combined company has revenues of $270 million and over 750 employees.
The acquisition was financed by a combination of...
Read Story
February 11, 2014, 07:09 AM
|
Textron announced that it has reached agreement to purchase all outstanding equity interests in Beech Holdings, LLC, the parent of Beechcraft Corporation, for approximately $1.4 billion in cash.J.P. Morgan served as exclusive financial adviser to...
Read Story
December 27, 2013, 07:34 AM
|
Kodak finalized the syndication and allocation of a new five-year senior secured asset-based revolving credit facility of $200 million. Together, this facility and the $695 million exit and post-emergence term-loan credit facilities announced on...
Read Story
August 07, 2013, 08:02 AM
|