Fed Maintains Interest Rates at Current Level
The Federal Reserve voted unanimously to keep interest rates unchanged at 1.25 to 1.5%. The FMOC noted that the labor...
Forward for Specialty Finance
Citizens Arranges $32MM ABL Facility For 2nd Ave
Citizens Commercial Banking arranged $32 million in credit facilities for Bensalem, PA-based thrift retailer 2nd Ave. Citizens acted as lead...
Morgan Stanley Agents $825MM Facility to Support Shutterfly Buy
Online retailer Shutterfly acquired school photography company Lifetouch for $825 million in cash. Morgan Stanley agented the term loan to...
Bon-Ton Files Restructuring Plan, to Close 40 Stores
Bon-Ton Stores filed a pre-packaged restructuring plan with the SEC two weeks after entering forbearance agreements with its ABL lenders,...
Rosenthal to Acquire BB&T Factoring Portfolio
Rosenthal & Rosenthal completed a deal to acquire the domestic factoring portfolio of financial services holding company BB&T._x000D_ _x000D_
Capital One Supports Cortec’s Groome Holdings Recap
Capital One Sponsor Finance led a senior secured credit facility to support the recapitalization of Groome Holdings by an affiliate...
Ares Provides $41.7MM Credit Facility to CST Acquisition
Ares Commercial Finance provided a $41.7 million senior secured credit facility to CST Acquisition.
Alvarez & Marsal Promotes 34 to Managing Director
Alvarez & Marsal promoted 34 professionals to the position of managing director. The new directors come from countries throughout North...
Sawyer to Lead New Ankura Trust Company
Ankura launched Ankura Trust, a newly formed New Hampshire-chartered non-depository trust company that will specialize in providing successor indenture trustee...
Dahlgren Named Wells Fargo Head of Regulatory Relations
Wells Fargo named Sarah Dahlgren its head of regulatory relations. She will report to Mike Loughlin, Wells Fargo’s chief risk...
