Barclays Capital to Pay $97MM for Overcharging Clients

The SEC issued an enforcement action requiring Barclays Capital to refund advisory fees or sales charges to clients who were overcharged. In a settlement of more than $97 million, Barclays agreed to settle three sets of violations.

JPMorgan, Barclays, BoA Merrill to Provide $450MM iStar Facility

iStar has engaged JPMorgan, Barclays Capital and Bank of America Merrill Lynch to arrange a $450 million senior secured term loan facility.

SEC: Barclays, Credit Suisse Charged With Dark Pool Violations

Barclays Capital and Credit Suisse Securities (USA) have agreed to settle separate cases for violating federal securities laws while operating alternative trading systems known as dark pools and Credit Suisse’s Light Pool.

SEC Charges Barclays with Compliance Failures

The SEC charged Barclays Capital with failing to maintain an adequate internal compliance system to ensure the firm did not run afoul of any federal securities laws after its U.S. wealth management business acquired Lehman’s advisory business in September 2008.

Morgan Stanley, Others Up Facility for Zayo Group

Zayo Group announced it amended its credit agreement. Morgan Stanley, Barclays Capital and RBC Capital Markets served as joint bookrunners; Citigroup, Goldman, SunTrust and UBS served as co-managers on the term loan re-pricing; and SunTrust agented the revolver.

Barclays/J.P. Morgan Are Bookrunners for Hertz Fleet Lease

Hertz Global Holdings announced Barclays Capital and J.P. Morgan acted as joint lead bookrunners for a transaction in which Hertz Fleet Lease Funding issued $500 million in asset-backed notes.

JPMorgan, Citibank Agent CenterPoint Facility Amendments

CenterPoint Energy and its wholly owned subsidiaries amended their revolvers. JPMorgan Chase served as admin agent for CenterPoint’s and CEHE’s facilities, and Citibank as admin agent for CERC’s facility.