Oaktree, J.P. Morgan Others Take Over 21st Century Oncology

21st Century Oncology emerged from Chapter 11 with new owners, including funds and accounts managed by Beach Point Capital Management, Governors Lane, J.P. Morgan Investment Management, Oaktree Capital Management, Roystone Capital and HPS Investment Partners.

HPS Provides $65MM Revolver to Support Wentworth Restructuring

J.G. Wentworth reached an agreement with its lenders, led by Jefferies, to support its prepackaged restructuring plan. HPS Investment Partners provided a $65 million revolver to cover the company’s restructuring expenses.

PNC Supports Propel Media Acquisition of DeepIntent

Propel Media, a digital media and advertising company acquired DeepIntent Technologies, an integrated data and programmatic buying platform. PNC served as administrative agent for an amendment to the company’s credit facility to support the transaction.

Capital One, HPS Provide $300MM Facility to Healthcare Education Co.

Capital One served as agent and lead arranger for a $300 million credit facility for a healthcare education services company. The financing was part of Capital One’s ULTra unitranche program with HPS Investment Partners.

HPS Agents TPI Composites’ Term Loan Refinancing

TPI Composites entered into an amendment to its existing term loan with HPS Investment Partners as administrative agent and collateral agent.