• 2018 Philadelphia Credit & Restructuring Summit

Today’s News

    BofA Agents $650MM ABL for Conn’s

    National retailer Conn’s amended its $650 million asset-based revolving credit facility with Bank of America as administrative agent.

    Fifth Third Names Zaunbrecher New Chief Legal Officer

    Susan B. Zaunbrecher has joined Fifth Third Bank as chief legal officer and corporate secretary. Zaunbrecher replaces Jelena McWilliams who was tapped to lead the FDIC.

    CIT Northbridge Arranges Greene’s Energy Facility

    CIT Northbridge Credit, the JV financing unit of CIT Group, served as sole lead arranger on a $20 million senior secured revolving and term loan credit facility for Greene’s Energy Group.

    TCF Capital Supports Cathay Capital’s Recap of Innovative

    TCF Capital Funding provided secured financing to support the recapitalization of Innovative Office Products led by Cathay Capital Private Equity.

    Wells Fargo Agents $800MM Facility for BWX Technologies

    BMX Technologies entered into a new $800 million senior secured credit agreement with a group of lenders led by Wells Fargo serving as administrative agent.

    BMO to Provide $2MM Credit Facility to GreenPower

    GreenPower Motor is closing a new $2 million credit facility with Bank of Montreal.

    BlackArch Advises on Sale of World Wide to Bain Capital

    BlackArch Partners was retained by ShoreView Industries as exclusive advisor on the sale of former ShoreView company, World Wide Packaging, to Bain Capital Private Equity.

    SVB Provides $30MM Facility to Rover

    Rover.com, a network of pet sitters and dog walkers closed a $30 million credit facility with Silicon Valley Bank in addition to a $125 million investment led by T. Rowe Price.

    PNC Downsizes Cloud Peak Energy’s Credit Facility

    Cloud Peak Energy amended its credit agreement with a bank group led by PNC as administrative agent, reducing the capacity of the facility to $150 million from $400 million.

    FEI NYC Selects New President, Board Members

    Financial Executives International’s NYC chapter elected a new president, a new vice president of sponsorship and three new directors.