U.S. Syndicate Lending at All-Time High Due to Mergers, Refis
Reuters reported that syndicated lending is peaking, partly due to lowered corporate taxes and a push to borrow before interest...
Forward for Specialty Finance
Wells Fargo Agents $300MM Facility for IMAX
IMAX entered into a new five-year, $300 million senior secured revolving credit facility. Wells Fargo acted as agent on the...
SEC Charges Two With Illegal Sales of Blockchain Internet Stock
The SEC charged T.J. Jesky and Mark F. Stefano with profiting from illegal sales of stock of a company claiming...
WFCF Upsizes Tree Island Facility to $80MM
Tree Island Steel renewed its five year senior secured revolving facility with Wells Fargo Capital Finance, increasing the facility to...
AloStar Provides $20MM Revolver to SWK Holdings
SWK Holdings closed a $20 million revolving credit facility with AloStar Capital Finance, a division of State Bank & Trust.
After Hours Banking Loans Top $1B for Kabbage
As small business owners increasingly shun regular bankers’ hours, Kabbage reported 145,000-plus customers accessed more than 300,000 after-hours loans for...
M&A Advisor Recognizes AlixPartners’ Ware and Chesters
AlixPartners’ Spencer Ware and Ben Chesters have been recognized in M&A Advisor’s Ninth Annual “Emerging Leaders” Awards. Ware is a...
Capital One Taps BofA MD Porphy to Head New M&A Group
Online publications efinancialcareers reported that Bank of America Managing Director Jeffrey Porphy joined Capital One to head a new M&A...
Natixis, Others Fund $116MM Rémy Cointreau Facility
Cognac and spirits producer Rémy Cointreau signed a syndicated loan for €100 million ($116.572 million). Six banks funded the loan,...
Jahangir Joins Blank Rome Restructuring/Bankruptcy Group
Shadi Enos Jahangir joined Blank Rome as a partner in the Finance, Restructuring and Bankruptcy group and Financial Services industry...
