BofA, BMO Capital Markets Arrange Financing to Support BDT Investment

Alliance Laundry Systems said BDT Capital Partners has agreed to acquire a majority interest in the company from Ontario Teachers’ Pension Plan. BofA and BMO Capital Markets acted as joint lead arrangers for the financing.

Reuters: Capital One in Exclusive Talks for GE Health Finance Arm

According to Reuters, Capital One has its sights set on GE’s U.S. healthcare finance unit, as it has entered into exclusive talks with the industrial giant.

U.S. Shadow Banking Draws Canadians Seeking Higher Returns

Bloomberg reported that Canada’s largest money managers are joining the ranks of America’s shadow banks seeking higher returns in the market for risky loans to American companies.

NXT Capital Agents Sunvair Aerospace’s Refinancing

NXT Capital said it has provided a senior secured credit facility to support the refinancing of Sunvair Aerospace, a portfolio company of Blue Sea Capital.

Thain: Unregulated Lenders to Probably Cause Next Crisis

Bloomberg reported that CIT CEO John Thain believes the next financial crisis could originate from online lenders, hedge funds or other unregulated entities taking on some of the greatest credit risks.

VLG Launches New Trade Finance Unit ‘Vecron Exim’

Structured finance firm Vecron Lordstock Group said it has launched independent trade finance unit “Vecron Exim” designed to provide fast access to working capital for export, import and domestic trade.

Reuters: GE Capital Ponzi Scheme Lawsuit Dismissed

Reuters reported that a federal judge dismissed a lawsuit brought by Ritchie Capital Management against GE Capital alleging of aid in a Ponzi scheme.

Golub Capital Hires Originator for Non-Sponsored Deals

Golub Capital said Brian Davis has joined the firm as a managing director in its Middle Market Lending group.

GE Capital Extends JV with Brunswick Through 2019

Brunswick announced an extension of its joint venture with GE Capital, Commercial Distribution Finance, through 2019.

CoBank Agents Rayonier $550MM Credit Facilities

Rayonier said it has entered into a credit agreement with CoBank as administrative agent, and a syndicate of Farm Credit institutions and other commercial banks to provide $550 million on new credit facilities.