http://www.abfjournal.com ABF Journal 30 Fri, 17 May 2013 8:13:59 -0500 According to a survey conducted by Babson College and directed by members of the Association for Corporate Growth, the middle-market for M&A has significantly improved in the past two years. However, the report notes that growth in 2013 will be ‘flat' versus 2012. http://www.abfjournal.com/story.asp?id=40730 Thu, 16 May 2013 8:28:42 -0500 Brentwood Associates announced it has completed dividend recaps of two of its portfolio companies, K-Mac Holdings and Paper Source. Financing was provided under a facility arranged by BofA, Wells Fargo and SunTrust and Golub Capital, respectively. http://www.abfjournal.com/story.asp?id=40729 Thu, 16 May 2013 8:28:22 -0500 During the past year, CFOs have grown significantly more confident in the U.S. economy, according to the 2013 Spring CFO Survey from Grant Thornton. http://www.abfjournal.com/story.asp?id=40728 Thu, 16 May 2013 8:27:59 -0500 The Financial Times reported that after a dearth of equity raising from banks over the past year or so, banks in Europe are issuing new shares to boost capital levels to get ahead of the incoming Basel III regulations. http://www.abfjournal.com/story.asp?id=40727 Thu, 16 May 2013 8:27:10 -0500 Avenue Capital Group announced it acted as sole lender and agent in connection with the debt financing of the acquisition of Freedom Finance Nordic by H.I.G. Europe http://www.abfjournal.com/story.asp?id=40726 Thu, 16 May 2013 8:26:53 -0500 GE Capital's Commercial Distribution Finance business said it will provide inventory financing to motorsports dealerships that carry products manufactured by American SportWorks. http://www.abfjournal.com/story.asp?id=40725 Thu, 16 May 2013 8:26:34 -0500 The IASB and FASB today published for public comment a revised exposure draft outlining proposed changes to the accounting for leases. http://www.abfjournal.com/story.asp?id=40724 Thu, 16 May 2013 8:25:55 -0500 According to a Fitch Ratings press release, ING U.S. Inc.'s recent $1.3 billion IPO and junior sub debt sale are significant steps in the restructuring process of becoming an independent public company http://www.abfjournal.com/story.asp?id=40723 Thu, 16 May 2013 8:23:39 -0500 GE Energy Financial Services served as administrative agent, sole lead arranger and sole bookrunner in a $200 million credit facility for SND Consolidated Energy to refinance debt and fund oil and gas field development. http://www.abfjournal.com/story.asp?id=40722 Wed, 15 May 2013 15:12:53 -0500 Presidential Financial said Mark J. Locher joined the company as SVP, BDO. Locher previously held senior origination positions with NewStar Business Credit, ORIX Leveraged Finance and BMO Capital Markets. http://www.abfjournal.com/story.asp?id=40721 Wed, 15 May 2013 15:12:32 -0500 Bibby Financial said Kate Smith has been promoted to head of operations, Midwest, responsible for managing the operations team and growing the portfolio. http://www.abfjournal.com/story.asp?id=40720 Wed, 15 May 2013 15:11:49 -0500 Amalgamated Capital said it has closed on a multi-million dollar revolver facility and treasury management services agreement with TRAKAmerica, a recovery management service. http://www.abfjournal.com/story.asp?id=40719 Wed, 15 May 2013 15:11:0 -0500 John G. McGraw joined Access Capital as senior vice president, responsible for new business origination and business development. Previously, McGraw served as a group vice president at Sterling Payroll Finance. http://www.abfjournal.com/story.asp?id=40718 Wed, 15 May 2013 15:9:43 -0500 J D Factors announced that it provided five factoring facilities totaling $1.65 million. http://www.abfjournal.com/story.asp?id=40717 Wed, 15 May 2013 15:9:18 -0500 Fitch Ratings says that tighter risk spreads and continued signs of over-heating in debt markets have led some U.S. BDCs to look for new growth opportunities. Fitch notes Fifth Street Finance's acquisition of Healthcare Finance as an example. http://www.abfjournal.com/story.asp?id=40716 Wed, 15 May 2013 8:3:46 -0500 TCI Business Capital announced it has promoted Nathan Appel and Corey Burlend to senior vice president of operations and vice president, relationship manager, respectively. http://www.abfjournal.com/story.asp?id=40714 Wed, 15 May 2013 8:2:1 -0500 Marlin & Associates announced that two cross-border transactions on which it recently advised have been recognized as International "Deals-of-the-Year" by The M&A Advisor. http://www.abfjournal.com/story.asp?id=40712 Wed, 15 May 2013 8:1:26 -0500 Law firm EisnerAmper announced that Deborah Friedland has joined the Corporate Finance practice of the firm as director. http://www.abfjournal.com/story.asp?id=40711 Wed, 15 May 2013 8:1:7 -0500 Celadon Group increased its credit facility to $200 million and reset the term on its five-year, revolving credit facility agented by Bank of America. Wells Fargo served as syndication agent. http://www.abfjournal.com/story.asp?id=40710 Wed, 15 May 2013 8:0:48 -0500 Keltic Financial Services said it funded a $3.5 million senior secured revolving line of credit to Venture Technology Groups. http://www.abfjournal.com/story.asp?id=40709 Wed, 15 May 2013 8:0:31 -0500 BMO Harris' Sponsor Finance group announced the inaugural release of Transaction Trends, a new quarterly newsletter that includes data and commentary reflecting the state of the market for mid-size companies. http://www.abfjournal.com/story.asp?id=40713 Wed, 15 May 2013 0:0:0 -0500 Babson Capital Management announced the formation of Babson Capital Finance as an operating subsidiary that will provide financing to middle-market companies and specialized industries globally. http://www.abfjournal.com/story.asp?id=40715 Wed, 15 May 2013 0:0:0 -0500 Salus Capital Partners provided a $45.5 million senior secured credit facility to Rotorcraft Leasing Company. Rotorcraft is a privately-owned helicopter operator focused on the offshore energy industry. http://www.abfjournal.com/story.asp?id=40708 Tue, 14 May 2013 14:19:3 -0500 LBC Credit Partners announced the completion of a $35 million senior secured term loan to idX. LBC served as the sole lead arranger, sole bookrunner and administrative agent for this transaction. http://www.abfjournal.com/story.asp?id=40707 Tue, 14 May 2013 14:18:40 -0500 The IFA announced the release of its bi-annual Business Profile and Performance Survey. The survey, which provides industry benchmarking data and trends, was conducted during the first quarter of 2013. http://www.abfjournal.com/story.asp?id=40706 Tue, 14 May 2013 14:18:9 -0500 Bayside announced the latest release of CADENCE. Version 3 includes new features — Client List, Tracked A/R and Graphical Workflow — and expands on existing components — Report Writer and Credit Monitoring. http://www.abfjournal.com/story.asp?id=40705 Tue, 14 May 2013 14:17:33 -0500 The Wall Street Journal reported that S&P's president Douglas Peterson said a proposal to revise its business model would create new conflicts of interest and disrupt financial markets. http://www.abfjournal.com/story.asp?id=40704 Tue, 14 May 2013 14:17:8 -0500 IO, a software-defined data center provider, announced the closing of a new $260 million multi-year credit facility led by Wells Fargo. Wells Fargo Securities, BMO Capital Markets, J.P. Morgan, Merrill Lynch and RBC Capital Markets served as joint lead arrangers. http://www.abfjournal.com/story.asp?id=40702 Tue, 14 May 2013 8:41:52 -0500 CRGT and Veritas Capital were recognized with the 2013 Corporate Growth Award for Private Equity Deal of the Year by the National Capital Chapter of the Association for Corporate Growth http://www.abfjournal.com/story.asp?id=40701 Tue, 14 May 2013 8:41:25 -0500 Revel AC announced that the U.S. Bankruptcy Court for the District of NJ has confirmed Revel's prepackaged plan of reorganization. The plan will reduce Revel's debt loan from $1.5 billion to $272 million, through an exchange of debt for equity. http://www.abfjournal.com/story.asp?id=40700 Tue, 14 May 2013 8:41:9 -0500