Today’s News

Last Updated: Tuesday, September 2, 2014, 1:27 pm

Bank Regulatory Authority Joe Lynyak Joins Dorsey

International law firm Dorsey & White said Joseph T. Lynyak III has joined the firm as a partner in the Finance & Restructuring Group.

BMO, Roynat Provide $22MM to Pacific Insight Electronics

Pacific Insight Electronics said it obtained credit facilities of $22 million from Bank of Montreal and Roynat to finance working capital and new equipment purchases.

Golub Provides Facility to Support Tate’s Bake Shop Buy

Golub Capital said as sole lead arranger, it provided a senior credit facility to support the acquisition of Tate’s Bank Shop by private equity firm The Riverside Company.

BofA, GE Capital Arrange Expera Refinancing

KPS Capital Partners said its portfolio company Expera Specialty Solutions completed a recapitalization by raising $270 million with a syndicate of banks. BofA Merill Lynch and GE Capital Markets acted as co-lead arrangers.

Crystal Financial Provides $30MM Term Loan for Brake Parts

Crystal Financial announced the closing of a $30 million senior term loan to Brake Parts, a brake system products manufacturer and supplier to the transportation industry.

BofA, KeyBank Provide $450MM to Support NN’s Autocam Buy

NN completed its Autocam acquisition. In connection with the closing, NN obtained $450 million in loans underwritten by BofA and KeyBank to support the transaction.

Wells Fargo Arranges Imperial Tobacco $13B Loan Closings

Reuters reported that Wells Fargo was lead arranger for a mandated lender group that provided about $13 billion in loans to Imperial Tobacco to back its acquisition of selected brands and assets from Reynolds American.

NewStar Business Credit Provides Revolver to Quantum

NewStar Business Credit announced it provided a $13.5 million revolving credit facility to Canada-based recruitment and staffing firm Quantum Management Services Group.

Natixis Agents Fifth Street Management $305MM Facility

Fifth Street Management announced the closing of Fifth Street Senior Loan Fund II, a $305 million multi-tranche financing facility for which Natixis served as sole lead arranger and placement agent.

TD Bank Names VP, Relationship Manager

TD Bank promoted Robert A. Bryant to assistant vice president, relationship manager in Commercial Banking, based in Burlington, MA.