SEC Charges Citigroup for Dark Pool Misrepresentations

The Securities and Exchange Commission entered an order finding that Citigroup Global Markets misled users of a dark pool operated by one of its affiliates.

BAML Leads Refinitiv $5.5B Loan Launch

Reuters reported syndication of the $5.8 billion-equivalent loan package backing Blackstone’s buyout of Refinitiv, Thomson Reuters’ Financial and Risk division, is expected to launch on September 4 in the U.S. Bank of America Merrill Lynch is leading the syndication.

Citigroup to Pay $10MM+ for Records Violations and Inadequate Controls

Citigroup agreed to pay $10.5 million in penalties to settle two enforcement actions involving its books and records, internal accounting controls and trader supervision.

BofAML, Citigroup, RBC Support Dun & Bradstreet Acquisition

An investor group led by CC Capital, Cannae Holdings and funds affiliated with Thomas H. Lee Partners agreed to acquire Dun & Bradstreet, a provider of commercial data, analytics and insight services for businesses.

Barclays, Citi, Others Support LifePoint RCCH Buy

LifePoint Health and RCCH HealthCare Partners are merging, with LifePoint remaining as the surviving privately-held entity upon closing. Barclays, Citigroup, RBC Capital Markets and Credit Suisse will provide financing to support the transaction.

Goldman Sachs, Citi Upsize Harsco Revolver to $500MM

Harsco amended its existing senior secured credit facilities, increasing the amount of its revolving credit commitments by $100 million to $500 million.

Barclays Agents $350MM Facility for Keane

Keane Group entered into a new senior secured term loan facility in an initial aggregate principal amount of $350 million to refinance its existing term loan credit facility,

Banks Line Up $20B Syndicate Launch Supporting Blackstone F&R Buy

Reuters reported a late summer closing date for Blackstone Group’s $20 billion acquisition of a majority stake in Thomson Reuters’ Financial and Risk unit. Bank of America Merrill Lynch, J.P. Morgan and Citigroup are leading the debt financing.

Claire’s Files Chapter 11, Citigroup to Provide DIP Financing

According to Reuters, retail chain Claire’s Stores has filed for Chapter 11 in U.S. bankruptcy court in Delaware. Citigroup will provide DIP financing for the company as it goes through restructuring.

JPMorgan, BofAML, Citi Lead Blackstone Financing for Thomson Reuters Buy

Reuters reported that JPMorgan, Bank of America Merrill Lynch and Citigroup are leading a syndicate of more than 20 banks that have been invited to underwrite Blackstone’s acquisition of a majority stake in Thompson Reuters’ Financial and Risk unit.