Revlon Consumer Products amended its credit facility to include a new $41.5 million senior securities first in, last out tranche under its ABL agreement.
Omni Launches Restructuring Consult Group
Marc Beilinson and affiliates of the Beilinson Advisory Group have purchased Omni Management from Rust Consulting and will relaunch the company as Omni Management Group to provide consulting services to restructuring professionals.
Signature Bank Q1/18 Earnings Hurt by Taxi Medallion Losses
Signature Bank ‘s Q1/18 net income of $34.5 million was down from $133.9 million for the same quarter a year earlier. The bank reported the decrease was due to write-downs for the tax medallion portfolio.
Pioneers Gate Provides $100MM Revolver to OnDeck
Online small business lender OnDeck closed a $100 million asset-backed revolving credit facility with Pioneers Gate, the lending vehicle of a life insurance company managed by 20 Gates Management.
Great Rock Receives $200MM Equity Commitment
Great Rock Capital received two commitments of $100 million in equity from a large institutional investor and from Sightway Capital, Great Rock’s original investor since its formation in 2015.
BofA Agents $120MM Facility for FilmNation
Independent movie producer FilmNation Entertainment completed a $120 million revolving credit facility led by Union Bank with Bank of America as administrative agent.
Huddleston Joins A&M as Managing Director
Jeffrey Huddleston joined Alvarez & Marsal as a managing director in the firm’s Houston office.
JPMorgan Agents $300MM Revolver for Minerals Technologies
Mineral Technologies amended its credit agreement to include a new senior secured revolving facility in the aggregate amount of $300 million.
ScotiaBank Provides $15MM Revolver for Titan Mining
Titan Mining closed a senior secured credit facility with the Bank of Nova Scotia. Concurrently, the company appointed Naomi Johnson as vice president, Community Relations.