Today’s News

    Barclays Agents $1.35B Refi for B&G Foods

    B&G Foods completed the refinancing of its senior secured credit facility, increasing the principal amount of the tranche B term loans by $10 million to approximately $650 million and the aggregate commitments under its revolving credit facility from $500 million to $700 million.

    TMA Launches Executive Search for New CEO After Fine Resigns

    Gregory J. Fine resigned as the Turnaround Management Association’s chief executive officer prompting the organization to launch a search for a new CEO.

    SunTrust Agents DataBank $410MM Refinancing

    DataBank completed a $410 million term loan B credit facility, providing the company with additional capital at a lower cost. SunTrust Bank served as administrative agent.

    Wilsusen Joins Ally Financial as MD Public Policy/Government Affairs

    Josh Wilsusen has joined Ally financial as managing director for Public Policy and Government Affairs. Wilsusen joins from Morgan Stanley where he served a executive director of Government Relations.

    Moody’s Assigns B1 to Hostess’ Refi Term Loan

    Moody’s assigned a B1 rating to a new $994 million first lien term loan executed by Hostess Holdco and subsidiaries to replace a preexisting term of the same amount.

    Fintech Construction Lender Built Technologies Raises $21MM

    Nashville, TN-based Built Technologies, an online lender to the construction industry, closed a $21 million Series A investment led by global venture capital firm Index Ventures, with participation from New York-based Nyca Partners.

    WFCF Agents Lands’ End $175MM ABL Refi

    Correction: Wells Fargo Capital Finance agented Lands’ End’s new $175 million ABL revolving credit facility, which matures in November 2022,

    WesternOne Closes $35MM ABL Revolver with CIBC

    WesternOne, a provider of construction and infrastructure services, closed a new three-year $35 million secured asset-based revolving credit facility with Canadian Imperial Bank of Commerce.

    Piper Jaffray Names Carter New CFO

    Piper Jaffray appointed Tim Carter chief financial officer, effective January 1, 2018. Carter will be replacing Deb Schoneman who will become global head of equities.

    Bank of Marin Completes Bank of Napa Acquisition

    Bank of Marin Bancorp completed its acquisition of Bank of Napa.