TD Bank Taps Van Vort as ABL Managing Director

TD Bank named Gene Van Vort managing director of New Business Development in Asset Based Lending.

Wells Fargo, Fortress Credit Support Perry Ellis Privatization

Perry Ellis International entered into a definitive merger agreement with a newly formed entity controlled by George Feldenkreis, Perry Ellis’ founder and member of the company’s board of directors. Wells Fargo and Fortress Credit Advisors are providing financing for the transaction.

Fed Approves Rule to Prevent Risk Concentration Between Large Banks

The Federal Reserve Board approved a rule to prevent concentrations of risk between large banking organizations and their counterparties from undermining financial stability.

AT&T, Comcast Mergers Create Unprecedented Debt Load

The Wall Street Journal reported that the mergers of AT&T and Comcast will put the companies at risk of becoming “the most indebted companies in the world.”

SunTrust Upsizes EVO Facility to $200MM

EVO Payments, a payment service provider operating throughout North America and Europe, amended its senior secured credit facility, increasing the revolver to $200 million.

SVB, Oxford Upsize Reata Pharmaceuticals Facility to $125MM

Reata Pharmaceuticals amended its loan and security agreement with Oxford Finance and Silicon Valley Bank, increasing the term loan facility from $45 million to $125 million.

Heritage, Horizon Provide $10MM Financing to Catasys

Catasys entered into a $10 million financing comprised of a $2.5 million receivable facility with Heritage Bank of Commerce and a four-year, $7.5 million term loan with Horizon Technology Finance.

Wells Fargo: Court Approves Class-Action Lawsuit Settlement

The class-action lawsuit settlement against Wells Fargo, concerning improper retail sales practices, received final approval in an order from the U.S. District Court for the Northern District of California.

JPMorgan, Scotiabank, Others Lead $400MM GCC Term Loan

Grupo Cementos de Chihuahua completed a new $400 million term loan agreement with a bank group that includes JPMorgan and The Bank of Nova Scotia.

A&M Taxand Adds de Jong, Mancini to Tax Advisory Team

Alvarez & Marsal Taxand added Jon de Jong and Louis Mancini as senior directors on its tax advisory team.