JPMorgan Chase Agents $45MM DIP Financing for NORDAM
The NORDAM Group and its domestic subsidiaries filed a voluntary petition for protection under Chapter 11. JPMorgan Chase will provide...
Forward for Specialty Finance
Blackstone Re-Enters Direct Lending Market With $10B Pot
Bloomberg reported Blackstone’s GSO Capital Partners unit rebuilt its business, making nonbank loans to small and mid-size companies, after dissolving...
City National Expands Aerospace/Defense Industry Team
City National Bank hired Mathew Griesbach, a longtime and experienced banking professional, as senior vice president and head of its...
CIT Q2 Earnings Higher, Factoring Volume Up By 16%
CIT Group reported income from continuing operations for Q2/18 was $138 million, up from $41 million a year earlier. CIT...
BNP Paribas Creates Global Credit Markets America
BNP Paribas, as part of its CIB 2020 development plan, created a new unit called Global Credit Markets Americas. This...
Houlihan Lokey Launches Syndicated Leveraged Finance Platform
Houlihan Lokey launched HL Finance to arrange senior secured leveraged loans for financial sponsor-backed, privately-held and public corporate entities. Chris...
Buchanan Joins Oppenheimer as Head of Restructuring
Bruce Buchanan joined Oppenheimer as head of Restructuring and Special Situations. Buchanan will be based in New York and report...
Opaskwayak Cree Nation Provides $35MM Loan to Natl Access Cannabis
National Access Cannabis entered into a loan agreement and connected collateral documents with Opaskwayak Cree Nation for a secured loan...
Sterling Expands Commercial Banking/Finance Teams
Sterling National Bank expanded its Commercial Banking and Commercial Finance business units with four new hires in New York and...
Ares Closes Direct Lending Fund at $7.609B
Ares Management closed its fourth European direct lending fund, Ares Capital Europe IV. Within six months of its launch, ACE...
