Today’s News

    Bibby Provides International Financing for Chameleon Art

    Bibby Financial Services provided arts and crafts manufacturer Chameleon Art Products with a $750,000 factoring facility to support its U.S. business. Concurrently a £400,000 ($535,000) funding line was advanced to Chameleon’s UK business by Bibby Financial Services in the UK.

    Golub Capital Provides $695MM Facility to Radiology Partners

    Golub Capital acted as sole bookrunner, sole lead arranger and administrative agent for a $695 million GOLD facility to refinance an existing GOLD facility held by Radiology Partners.

    BofA Extends Sears $400MM Term Loan; USB Advises on New Facility

    Sears Holdings entered into an agreement to extend the maturity of its existing term loan to January 2019, with the option to further extend the maturity to July 2019. The company also expects to close a new $600 million secured credit facility, advised by UBS Investment Bank.

    LBC Supports USSC Acquisition of 4ONE

    LBC Credit Partners provided senior secured credit facilities to support the acquisition of 4ONE by United States Seating Company, an enterprise managed by Dubin Clark.

    TCF Supports Prairie Capital Recap of StyleCraft

    TCF Capital Funding provided an expanded financing commitment to StyleCraft Home Collection to support its continued growth and a dividend and share buyback facility for its management and private equity shareholders.

    Transfac Hires Hogg to Launch Transportation Group

    Transfac Capital created a new group focused solely on serving the transportation industry. The company hired Jefferey Hogg as the first regional vice president for the group.

    Ally Names PNC Vet LaClair CFO Designate

    Jenn LaClair joined Ally Financial as chief financial officer designate. She will succeed Ally’s current CFO, Chris Halmy, after his retirement on March 1, 2018.

    Monroe Supports CORE Industrial Acquisition of Prototek

    Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Prototek Sheetmetal Fabrication by Chicago-based private equity sponsor CORE Industrial Partners.

    Rosenthal Provides PO Financing for Outdoor Gear Firm

    Rosenthal & Rosenthal completed a recent production-based PO finance deal with an investment group that is building a portfolio of companies in the outdoor recreation products industry.

    ABN AMRO Agents Eagle Bulk Shipping Refinancing

    Eagle Bulk Shipping entered into a series of refinancing transactions which included the repayment of its outstanding first and second lien credit facilities. ABN AMRO Capital USA served as facility agent.