PNC Leads Leads Haggen Syndicate
PNC Bank announced a syndication of $210 million in revolving credit for grocery retailer Haggen. PNC Capital syndicated the transaction as sole lead arranger and bookrunner, and PNC Bank is administrative agent.
PNC Bank announced a syndication of $210 million in revolving credit for grocery retailer Haggen. PNC Capital syndicated the transaction as sole lead arranger and bookrunner, and PNC Bank is administrative agent.
Following $1.39 million in funding from Santander, Promac Solutions, a retailer of construction and earth-moving equipment, will expand its operations, set up new mobile workshops and hire additional staff.
GE Energy Financial Services and Virginia Solar Group subsidiary Pacifico Energy have partnered for a third time to construct a solar power project in Japan. GE’s commitment is worth $62.5 million.
Square 1 Bank and Trinity Capital Investment announced their recent collaboration and closing of a $5 million facility to meet the debt financing needs of Sirrus.
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a $14.5 million senior facility to support the recapitalization and growth of Precision Toxicology by private equity sponsor BelHealth Investment Partners.
The Connecticut Turnaround Management Association announced the election of a new president, chairman, corporate secretary, two new VPs and a new director.
Wells Fargo Capital Finance acted as administrative agent on four deals totaling $140 million for healthcare companies.
The February release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI) increased 7% over February 2014. The SBLI decreased 3% from 122.4 in January 2015 to 119.2 in February 2015.
Gordon Brothers Finance Company (GBFC) completed a €10.5million ($11.3 million) term loan to Tvilum APS, manufacturer of self-assembly, flat-packed furniture.
Clear Thinking Group is forming a strategic partnership with Threadstone Advisors to expand its portfolio of services to include M&A advisory and capital procurement.