NXT Capital Closes $358MM CLO

NXT Capital said it has closed NXT Capital CLO 2013-1, a $358 million CLO. Wells Fargo Securities served as the lead manager, structuring agent and bookrunner and BMO Capital Markets GKST served as co-lead manager.

NXT Provides $65.5MM for First Atlantic Acquisition

NXT Capital provided $65.5 million in senior secured facilities to fund First Atlantic Capital’s acquisition of TestEquity. NXT Capital was the sole lead arranger, sole bookrunner and administrative agent for the transaction.