http://www.abfjournal.com ABF Journal 30 Fri, 19 Mar 2010 12:21:33 -0500 ABF Journal, the New York Institute of Credit and the TMA-Philadelphia Chapter announced early bird registration to the Third Annual Educational and Networking Event at the Villanova Conference Center will end March 26, 2010. http://www.abfjournal.com/story.asp?id=29517 Fri, 19 Mar 2010 0:0:0 -0500 Five Star Quality Care entered into a new three-year, $35 million revolving credit facility for which Jefferies Finance served as lender, arranger, administrative agent and collateral agent. http://www.abfjournal.com/story.asp?id=29518 Fri, 19 Mar 2010 11:51:14 -0500 Chief Bankruptcy Judge Stephen Raslavich has set April 27 as the auction date for Philadelphia Newspapers provided a federal appeals court has settled the critical cash bidding provision at least 30 days prior to that date. http://www.abfjournal.com/story.asp?id=29519 Fri, 19 Mar 2010 11:52:12 -0500 GE Capital, Corporate Finance is sole lender for a $50 million asset-backed credit facility, which is part of an overall $105 million facility provided to JWTR, a timberland owner and operator. GE Capital Markets served as lead arranger for the incremental $55 million facility. http://www.abfjournal.com/story.asp?id=29520 Fri, 19 Mar 2010 11:52:32 -0500 MTR Gaming Group has entered into a new credit agreement with Aladdin Credit Advisors as administrative agent. The new credit agreement provides for a $20 million senior secured delayed-draw term loan credit facility. http://www.abfjournal.com/story.asp?id=29521 Fri, 19 Mar 2010 11:53:11 -0500 According to the British Asset Based Finance Association (ABFA), asset-based lending facilities dropped by 8% to £191.3 billion in the year ending 2009 (2008: about £207.7 billion). The association also released figures that suggest firms are potentially over the worst of the recession and are beginning to access more finance from financiers. http://www.abfjournal.com/story.asp?id=29522 Fri, 19 Mar 2010 0:0:0 -0500 Chesapeake Utilities entered into a new $29.1 million credit facility with PNC Bank. The credit facility, which was structured in the form of a term note, increases the total loan capacity from $50 million to $79.1 million. http://www.abfjournal.com/story.asp?id=29523 Fri, 19 Mar 2010 11:54:2 -0500 Francisco Partners has completed its $126 million acquisition of QuadraMed, a provider of healthcare IT services. Wells Fargo Foothill and Silicon Valley Bank committed debt financing. http://www.abfjournal.com/story.asp?id=29524 Fri, 19 Mar 2010 11:54:26 -0500 Charter Communications' subsidiary, Charter Communications Operating, has received the required votes from lenders to amend its existing $8.177 billion senior secured credit facilities. http://www.abfjournal.com/story.asp?id=29525 Fri, 19 Mar 2010 11:54:52 -0500 Standard & Poor's Ratings Services lowered its corporate credit rating on Dallas-based Blockbuster Inc. to CC from CCC. The CC rating indicates that, in S&P's opinion, Blockbuster is highly vulnerable to default. The outlook is negative. http://www.abfjournal.com/story.asp?id=29526 Fri, 19 Mar 2010 11:55:13 -0500