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ABL Industry Service Providers & Specialty Lenders
GE Capital’s Franchise Finance business said it has provided a $30.7 million loan to Serazen to refinance debt and to acquire and re-image 50 Hardde’s units in NC and SC.
Capital Business Credit said it issued over $50 Million in financing and factoring solutions to support growing fashion apparel and home furnishing manufacturers.
Easyhome increased its total credit facility, agented by Crystal Financial, by $100 million increasing the facility to $300 million.
Bank of America Business Capital announced it served as administrative agent on a $80 million asset-based revolver to Ice Mobility.
Coyne International Enterprises has filed for bankruptcy protection and is seeking to reorganize. NXT Capital, said to be owed $35 million, will be providing $3.5 million of DIP financing.
Reuters reported Antares Capital is in the market with $13.9 billion of credit facilities backing its sale to CPPIB from GE Capital, which includes a $10.7 billion asset-backed loan.
Monroe Capital Corporation said that current commitments on its syndicated credit facility led by ING Capital have increased by $25 million to $135 million.
Bloomberg reported that Bank of America has resigned as agent for Arch Coal’s lenders amid a feud over a proposed debt exchange.
In the most recent meeting of the Financial Stability Oversight Council, GE Capital’s status as a “systemically important financial institution” was not rescinded.
Consumer products company Jarden completed its acquisition of Waddington Group, which was partially financed with $900 million of secured terms loans provided by a lender group lead by Barclays Bank as administrative agent.
Aug 6, 2015: 11th Annual Mid-Atlantic Bankruptcy Workshop
Sep 2, 2015: 11th Annual Northeast Regional Conference
Sep 10, 2015: 23rd Annual Southwest Bankruptcy Conference
Sep 10, 2015: NJTMA Networking Breakfast - Bridgewater
Sep 10, 2015: Transportation Factoring Meeting
Sep 18, 2015: 20th Annual Thomson Reuters LPC Loan And CLO Conference