GE Sells A&NZ Lending/Leasing Portfolios to Bain Capital Affiliate

GE reached an agreement to sell GE Capital’s Commercial Lending and Leasing portfolios in Australia and New Zealand to Bain Capital global credit affiliate Sankaty Advisors.

Contenders Emerge for GE Capital Australian Assets

According to The Australian, China’s HNA Group and a consortium comprising Deutsche and Sankaty Advisors made it through to the second round of the process to buy GE Capital’s Australian assets.

JPMorgan to Sell $1.3 Billion Loan Portfolio to Sankaty

Bloomberg reported JPMorgan Chase agreed to sell about $1.3 billion of loans and securities to Sankaty Advisors.

Salus Closes $45.5MM Facility for Rotorcraft Leasing

Salus Capital Partners provided a $45.5 million senior secured credit facility to Rotorcraft Leasing Company. Rotorcraft is a privately-owned helicopter operator focused on the offshore energy industry.