DNB Agents $125MM Facilities to Support GulfMark Restructuring

GulfMark Offshore completed its financial restructuring plan and emerged from bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. DNB Capital served as administrative agent for a $25 million revolver and a $100 million term loan to support the restructuring.

GB Credit Launches European Lending Platform

GB Credit Partners announced its first European transaction. The loan is part of a €75 million ($102 million) facility arranged by Hayfin Capital to ATU, and is part of a broader recapitalization between the company and its main creditors, including Centerbridge Partners and Goldman Sachs.