Credit Suisse, Morgan Stanley Lead Financing to Support Bain Capital Buy

Reuters reported, citing bank sources, that in support of Bain Capital’s acquisition of NGA Human Resources, Credit Suisse and Morgan Stanley are leading debt financing

Lloyds, Credit Suisse Renew $500MM Harbourvest Facility

HarbourVest Global Private Equity, a closed-end investment company, renewed its existing $500 million multi-currency credit facility with Lloyds Bank as agent and Credit Suisse.

Bank Syndicate Reduces Size of Hunting Energy Facility

A syndicate of five banks, comprising Lloyds, Barclays, HSBC, Wells Fargo and DBS, has reduced the size of international energy services group Hunting’s committed revolver to $200 million from $350 million.

Bloomberg: BofA, Others Provide $7B Credit Line to CME

Bloomberg reported that Bank of America, Deutsche and others boosted the CME Group’s credit line from $5 billion to $7 billion.

UK Banks Need to Step Up Pace of Asset Sales

The Wall Street Journal reported the Bank of England warned UK banks they must come up with $38 billion fresh capital, putting pressure on RBS and Lloyds to step up the pace of asset sales.