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News Stories (6 Results) - CErberus

Cerberus Capital Management announced that its middle-market direct lending platform, Cerberus Business Finance, completed the final close of its latest flagship fund, Cerberus Levered Loan Opportunities Fund IV (“Fund IV”). Fund IV closed with $2.4... Read Story
March 10, 2021, 08:10 AM

Safeway Inc., the second-largest U.S. grocery-store chain, agreed to be bought by Cerberus Capital Management LP’s Albertsons in a deal valued at about $9.2 billion, creating a bigger competitor to Kroger Co. and big-box rivals. Safeway investors... Read Story
March 07, 2014, 07:06 AM

AMF Bowling Worldwide, Inc. and certain of its affiliates ("AMF") filed a new chapter 11 plan of reorganization and disclosure statement today sponsored by Strike Holdings LLC (known as Bowlmor), and certain of AMF's second lien lenders, including... Read Story
May 20, 2013, 07:51 AM

Bloomberg reports Cerberus Capital Management LP, the private-equity firm led by Stephen Feinberg, has raised $1.32 billion for a middle-market loan fund that will seek to take advantage of a pullback in lending. One of Cerberus Levered Loan... Read Story
March 21, 2013, 08:07 AM

Fitch Ratings has affirmed SUPERVALU Inc.'s (SVU) Issuer Default Rating (IDR) at 'CCC' following its announcement of a definitive agreement to sell its Albertsons, Acme, Jewel-Osco, Shaw's and Star Market stores and related Osco and Sav-on (brands... Read Story
January 14, 2013, 07:04 AM

ZAGG Inc, a mobile device accessories company, entered into an $84 million credit facility with Wells Fargo Bank, consisting of a $24 million two-year term note and a $60 million revolving line of credit. With these new loans in place ZAGG has... Read Story
December 13, 2012, 07:18 AM