BofA, Regions, Others Increase Fred’s ABL to Support Rite Aid Buy

To support acquisition by Fred’s of 865 Rite Aid stores, Bank of America, Merrill Lynch and Regions Capital have provided $1.05 billion of committed ABL financing.

Ares Capital Agents Facility to Support Thomas Bravo Acquisition

Ares Capital served as administrative agent for a $1.075 billion unitranche credit facility to support the acquisition of Qlik by private equity firm Thomas Bravo.

Ares Capital Agents $1.075B Facility to Support Qlik Acquistion

Ares Capital served as administrative and collateral agent, joint lead arranger and joint bookrunner for the $1.075 billion unitranche credit facility in support of Thoma Bravo’s acquisition of Qlik.

Monroe Capital Ranked No. 1 BDC in Shareholder Returns

According to a report by FRB Capital Markets, Monroe Capital leads the highest-scoring BDCs in shareholder returns and investment competitiveness.

SunTrust Agents TPG Specialty Lending Revolver Amendment

TPG Specialty Lending has amended and extended its revolving credit facility with a bank group led by SunTrust, as administrative agent.

TPG Specialty Lending Proposes To Acquire TICC Capital

TPG Specialty Lending has made a proposal to acquire TICC Capital in a stock-for-stock transaction.

TPG Specialty Lending Announces Senior Management Changes

TPG Specialty Lending announced that Alan Kirshenbaum has notified the company he will step down as CFO and will be replaced, on an interim basis, by Robert Ollwerther, the company’s chief operating officer.

Fitch Assigns BBB- Rating for TPG Specialty Lending

TPG Specialty Lending announced that Fitch Ratings has assigned the company investment grade ratings of BBB-; the Rating Outlook is Stable.

TSL Provides MSR Senior Debt Investment

Mississippi Resources announced it closed a senior debt and preferred equity investment with TPG Specialty Lending for a maximum amount of $55.5 million.

TPG Specialty Lending Q1 Income Up 64%

TPG Special Lending reported Q1/14 net income of $25.3 million was up 64% from $15.5 million a year earlier. Originations of $369.6 million were up from $92.5 million in the same quarter in 2013.