23 Banks Set to Join Syndicate for Blackstone’s TR Buy

Reuters reported that lead arrangers J.P. Morgan, Merrill Lynch and Citigroup have invited 23 banks to participate in the $13.5 equivalent loan facility to support Blackstone’s purchase of a majority stake in Thomson Reuters’ Financial and Risk unit.

JPMorgan, BofAML, Citi Lead Blackstone Financing for Thomson Reuters Buy

Reuters reported that JPMorgan, Bank of America Merrill Lynch and Citigroup are leading a syndicate of more than 20 banks that have been invited to underwrite Blackstone’s acquisition of a majority stake in Thompson Reuters’ Financial and Risk unit.

J.P. Morgan, BofA, Citi Support Thomson Reuters/Blackstone Partnership

Thomson Reuters agreed to enter into a strategic partnership with Blackstone. As part of the transaction, Thomson Reuters will sell a 55% majority stake in its F&R business to private equity funds managed by Blackstone.

Reuters: U.S. Leveraged Loans Ready For Strong Second Half

Reuters reported year-to-date leveraged loan volume is $874.4 billion, and the market is on pace to set new volume records.

KPMG Tops Thomson Reuters and Bloomberg 2016 League Tables

KPMG was ranked as the leading mid-market provider of M&A services for both the number of announced and completed deals in 2016, per Thomson Reuters’ Mid-Market M&A Review and Bloomberg M&A Advisory League Tables.

FinTech Sandbox Adds Sponsors to Promote Financial Services Innovation

FinTech Sandbox added State Street to the list of firms, including Fidelity Investments, F-Prime Capital, Thomson Reuters, Silicon Valley Bank, Amazon Web Services and Intel, sponsoring the Boston-based nonprofit.

Thomson Reuters Survey Reveals Execs Concerned About Reputations

A Thomson Reuters survey revealed that more than 50% of senior executives from multinational financial firms are concerned non-compliance with the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard CRS) mandates could affect the reputations of their institutions.

Thomson Reuters Announces 20th Annual LPC Loan and CLO Conference

Thomson Reuters announced the 20th Annual Thomson Reuters LPC Loan and CLO Conference.

Thomson Reuters to Host 2nd Annual Middle Market Loans Conference

Thomson Reuters LPC is hosting its second annual Middle Market Loans Conference on May 29, 2014 in New York City. Join in for a day of in-depth discussion of the history of and future potential for this sector.

U.S. Small Business Lending Signals Increased Optimism

The latest data release of the Thomson Reuters/PayNet Small Business Lending Index shows small business investment activity continues to grow at a faster pace, registering 115 in March, an 18% Y/Y increase.