• Philadelphia Credit & Restructuring Summit 2017

Today’s News

    Great American Capital Provides $30MM DIP to hhgregg

    Great American Capital Partners and Wells Fargo Bank have entered into an agreement with electronics retailer hhgregg to provide a $80 million debtor-in possession financing facility.

    Richtman to Succeed Bertha as U.S Bank Wisconsin President

    Bill Bertha will retire from his role at U.S. Bank as Wisconsin market president in June. He will be succeeded by Tom Richtman.

    Tiger Capital, Great American Launch Gander Mt. Liquidation Sales

    Tiger Capital Group and Great American Group have been chosen to assist outdoor specialty retailer Gander Mountain in the closure of 32 under- performing locations across the U.S.

    JPMorgan Agents Refinancing of $2B Yum! Brands Term Loan

    Yum! Brands subsidiaries refinanced an approximately $2 billion term loan b, reducing the interest rate by 0.75%. JPMorgan Chase served as administrative agent.

    Rodrigue Returns to BFS as Head of Sales for Factoring

    Daniel Rodrigue has returned to Bibby Financial Services in a new role as national head of sales for Factoring and Transportation Finance.

    JPMorgan Agents Repricing of $952MM Western Digital Term Loans

    Western Digital has successfully repriced €881 million ($952 million) of new Euro-denominated term B-2 loans. JPMorgan served as administrative agent for the transaction.

    Nessim to Join Greenhill Toronto As a Managing Director

    Michael Nessim has agreed to join investment bank Greenhill as a managing director based in Toronto. He will focus primarily on the mining and power and utility industries.

    Ryan Joins Twin Brook Capital as Head of Capital Markets

    Twin Brook Capital Partners, the middle-market direct lending subsidiary of Angelo, Gordon & Co., added former Fifth Third Bank managing director Garrett Ryan to the firm as a partner and head of Capital Markets.

    Berkshire Bank Adds SVP, Regional Leader to Mid-Atlantic Team

    Maryann Lewis will serve as Berhshire Bank’s senior vice president, commercial region lead for the mid-Atlantic region covering both New Jersey and Pennsylvania.

    Mackinac Funds ABL Credit Line for Commodity Re-Seller

    Mackinac Commercial Credit provided a $1.5 million asset-based line of credit to a Michigan-based commodity re-seller.