Ares Management Corporation, Sumitomo Mitsui Financial Group, Inc. and Sumitomo Mitsui Banking Corporation announced that they have reached a strategic agreement to collaborate on future business opportunities. As part of this agreement, SMBC will...
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March 30, 2020 @ 09:15 AM
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The U.S. sovereign rating is supported by structural strengths that include the size of the economy, high per capita income and a dynamic business environment. The U.S. benefits from issuing the U.S. dollar, the world's pre-eminent reserve currency...
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March 30, 2020 @ 09:10 AM
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Cubic Corporation announced it entered into an amended and restated credit agreement, providing Cubic with a new $450 million unsecured term loan and upsizing Cubic’s existing unsecured revolving credit facility from $800 million to $850 million. The...
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March 30, 2020 @ 09:07 AM
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Owl Rock Capital Corporation announced the closing of Owl Rock CLO III, Ltd, a $395.31 million collateralized loan obligation transaction."We are pleased to close this transaction and further enhance our liquidity position with this long-term...
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March 30, 2020 @ 09:05 AM
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Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (OVLY), announced that Rafael Martinez has joined the bank as Assistant Vice President, Commercial Loan Officer. Martinez will be based out of the Turlock Office.Martinez has...
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March 30, 2020 @ 08:00 AM
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Comptroller of the Currency Joseph M. Otting made the following statement during a Financial Stability Oversight Council meeting regarding the condition of the federal banking system and its response to the COVID-19 national emergency."Thank you, Mr....
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March 27, 2020 @ 09:00 AM
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In another timely move, Greenberg Traurig, the 2200-lawyer global firm, announced it is rejoining forces with Bruce Zirinsky, its former Co-Chair of the Restructuring & Bankruptcy Practice, and subsequently founder of Zirinsky Law Partners PLLC, a...
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March 27, 2020 @ 08:57 AM
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Citizens M&A Advisory served as the exclusive financial advisor to LegalPartners, a leading alternative legal services provider (ALSP) on its recapitalization by Eureka Equity Partners, a Philadelphia-based private equity firm.LegalPartners is a...
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March 27, 2020 @ 08:55 AM
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Fifth Third Business Capital, a division of Fifth Third Bank, National Association, announced it acted as lead lender and administrative agent on the closing of a new $70,000,000 Senior Credit Facility for Lignetics, Inc. and its various subsidiaries...
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March 27, 2020 @ 08:50 AM
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Scatec Solar has signed new and expanded credit facilities with a bank consortium consisting of BNP Paribas, Nordea Bank and Swedbank. Scatec Solar has refinanced its current Revolving Credit Facility (RCF) and established a new USD 90 million ESG...
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March 27, 2020 @ 08:30 AM
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