US Capital Closes More Than $100MM in Financings
US Capital Partners announced that it recently closed eight transactions totaling $103.25 million.
US Capital Partners announced that it recently closed eight transactions totaling $103.25 million.
MGM Resorts International announced it has successfully completed a re-pricing of its approximately $1.75 billion term loan B facility.
Wells Fargo Capital Finance acted as administrative agent on a $100 million revolver and a $10 million term loan for specialty retailer Floor and Decor Outlets of America.
Hub International said it completed the funding of a $1,125 million senior secured term loan arranged by Morgan Stanley Senior Funding, Merrill Lynch and RBC Capital Markets.
Fitch Ratings said it has assigned a rating of BB/RR1 to AMC Entertainment’s recently announced new senior secured credit facility comprised of a $150 million revolver and a $775 million term loan.
The Wall Street Journal reported that Orchard Supply Hardware Stores has hired restructuring attorneys at DLA Piper and financial advisor FTI consulting as it readies for a term loan restructuring deadline of May 1, 2013.
Hertz completed a repricing of its currently outstanding $1.372 billion senior secured tranche B term loan facility. Deutsche Bank AG led the bank group as administrative agent and collateral agent.
US Capital Partners announced seven deals totaling $67 million.
Navistar said it is pursuing an amendment to its $1 billion senior secured term loan facility. The company also announced a $300 million debt offering led by BofA as administrative agent.
Freescale Semiconductor said it obtained new senior secured term loan facilities from a lender group led by Citibank as administrative agent, collateral agent, swing line lender and L/C issuer.