Exclusive Interviews with Industry Leaders.
Print, Digital, Online, Mobile,
& E-news options
The Latest Asset-Based Finance Transactions
Get ABFJ updates on your smartphone or tablet.
ABL Industry Service Providers & Specialty Lenders
GE Antares, a unit of GE Capital, announced it served as administrative agent on a $315 million facility to support the acquisition of The Home Décor Companies by Nielsen & Bainbridge.
GE Capital, Corporate Finance announced it is providing Sotheby’s with $850 million in facilities.
The International Factoring Association and International Factors Group reached a cooperative agreement.
Premiere Global Services said it closed an amendment to its credit facility that provides for increasing the borrowing capacity to $500 million from $400 million. Bank of America served as administrative agent.
American Eagle Energy said it closed a senior secured revolving credit facility with an initial borrowing base of $60 million with SunTrust Bank serving as administrative agent.
Global clean energy solutions company XZERES said it completed a $19.9 million financing that included a new $15 million term loan provided by Wells Fargo Bank.
Business Financial Services announced a $125 million credit line with Wells Fargo Capital Finance. The new line is an increase from the existing $82 million credit line that the company announced last year.
Carfinco Financial announced it renewed its facility for Canadian operations. Bank of America led a lending syndicate that included Wells Fargo Financial Canada, BMO and Alberta Treasury Branches.
Marathon Petroleum announced it entered into a term loan agreement with a syndicate of lenders. RBS, Bank of Tokyo-Mitsubishi, Barclays, Citigroup and Morgan Stanley served as joint lead arrangers and joint bookrunners.
The SEC announced it has adopted new requirements for credit rating agencies to enhance governance, protect against conflicts of interest and increase transparency.
Aug 27, 2014: 10th Annual Northeast Regional Conference
Sep 4, 2014: ABI Southwest Bankruptcy Conference
Sep 4, 2014: NJTMA Networking Breakfast - Bridgewater
Sep 11, 2014: 8th Annual MidAmerica Regional Conference
Sep 11, 2014: IFA: Transportation Factoring Meeting