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Week's News

Santander Bank announced that technology, media and telecommunications (TMT) banking veteran Laura Fazio has been appointed to head TMT Banking in its Commercial Banking division. Laura is responsible for leading the Commercial Bank's national... Read Story

July 20, 2018 @ 07:30 AM

Global private equity giant Silver Lake Partners is reportedly seeking to invest $500 million into bankrupt communications firm iHeartMedia. According to a report in The Wall Street Journal, Silver Lake extended the overture to iHeart's largest... Read Story

Filed Under: Media
July 20, 2018 @ 07:24 AM

CIT Group Inc. announced that CIT Northbridge Credit, its joint venture financing unit, served as sole lead arranger on a $17 million senior secured revolving and term loan credit facility for Walker Zanger.Walker Zanger, headquartered in Los Angeles... Read Story

Filed Under: Building Supplies
July 20, 2018 @ 07:12 AM

Monticello Asset Management, LLC announced that two of Monticello’s investment vehicles originated $36 million in first lien debt financing to Maui Sunset, LLC and a $4 million working capital loan to the operating companies of the facilities. The... Read Story

Filed Under: Real Estate
July 20, 2018 @ 07:09 AM

Prudential Capital Group provided $5.3 billion of senior debt and junior capital to middle-market companies and projects globally in the first half of 2018. "Our global footprint and our origination platform have enabled us to meet borrower demand... Read Story

Filed Under: Industry News
July 20, 2018 @ 07:00 AM

The Turnaround Management Association (TMA) announced its selection of Scott Y. Stuart, Esq., as its chief executive officer. Stuart will lead the global organization of more than 9,000 turnaround and corporate renewal professionals.Stuart brings to... Read Story

Filed Under: Association News
July 19, 2018 @ 07:54 AM

Highly leveraged corporate borrowers are thriving in the current economic environment, according to a new report from Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners. Earnings growth... Read Story

Filed Under: Economic Commentary
July 19, 2018 @ 07:45 AM

Chiron Financial, LLC served as the exclusive investment banker to Genco Energy Services in an out of court restructuring and refinancing comprised of the placement of new debt facilities totaling $20.6 million including additional borrowing capacity... Read Story

Filed Under: Energy
July 19, 2018 @ 07:09 AM

White Oak Asset Finance GP, LLC (WOAF), an affiliate of White Oak Global Advisors, LLC (White Oak), announced it has committed £90 million to British Steel Limited, a leading UK-based, fully-integrated producer of carbon steel. Proceeds of the... Read Story

Filed Under: Metals and Mining
July 19, 2018 @ 07:08 AM

PNC Bank, N.A. announced appointments for the local leadership team in its new Houston region, led by Julie Young Sudduth, who will serve as the regional president, effective July 17. Joining Sudduth are Christian Brown, head of Corporate Banking for... Read Story

July 19, 2018 @ 07:06 AM