Bank of America Agents FTI $550MM Revolver

FTI Consulting said it entered into a $550 million senior secured revolver which amends and extends the maturity date of the company’s existing $350 million credit facility.

Banks to Lend Twitter $1B Over Five Years

The banks underwriting Twitter’s upcoming initial public offering have officially agreed to lend it as much as $1 billion over the next five years, according to an SEC filing.

WSJ: J.P. Morgan Said to Offer U.S. $3B to Settle Cases

The Wall Street Journal reported that J.P. Morgan Chase and the Justice Department have expanded settlement talks to include multiple pending probes, with the bank offering to pay about $3 billion, according to people familiar with the discussions.

WSJ: J.P. Morgan ‘Whale’ Investigation Continues

The Wall Street Journal reported that although J.P. Morgan Chase is preparing to pay at least $800 million in “London whale” fines, the Commodity Futures Trading Commission is investigating whether the bank manipulated a market index tied to corporate bonds.

WSJ: GE Preparing to Exit Retail Lending

The Wall Street Journal reported that General Electric is preparing to spin off its retail lending unit that issues store credit cards for 55 million Americans.

J.P. Morgan to Arrange Bankruptcy-Exit Financing for Hawker

Dow Jones reported that Hawker Beechcraft said it has struck a deal for $600 million in exit financing from lenders led by J.P. Morgan Chase to take it out of Chapter 11 protection.