Mitsubishi UFJ Financial Group (MUFG) hired Garret Rowan as head of its leveraged loan trading group and Mike Macchia as a salesperson in leveraged finance sales. Both will be based in New York.
According to JPMorgan Chase’s 2022 Business Leaders Outlook Pulse survey, just about one in five business leaders (19%) said they’re optimistic about the U.S. economy for the year ahead, the lowest percentage recorded in 12 years of survey data, and down from 75% one year ago.
Ares Management, a global alternative investment manager, released its first-ever TCFD Climate Action Report alongside its annual sustainability report titled Accelerating Our Impact.
Iron Horse Credit added Kalli Perez to its team as portfolio manager. Perez has more than 14 years of both account management and underwriting experience.
FLEETCOR Technologies amended its pro-rata credit facility, increasing the overall facility size from $4.01 billion to $4.5 billion and extending the maturity to a new five-year term ending in June 2027. Bank of America is the administrative agent.
J.P. Morgan Asset Management hired Daniel Yem as a senior investment specialist to support the firm’s retirement solutions team. Yem will be based in New York and report to Daniel Oldroyd, head of target date strategies.
Mitsubishi HC Capital America’s technology finance team achieved company record results for fiscal year 2021, ending March 31, 2022, reporting 40% customer volume growth.
UMB Bank executed a definitive agreement to acquire the health savings account business of Old National Bank. The transaction contemplates the transfer of approximately $500 million in client assets of which approximately $400 million are held in deposit accounts.
Waldencast Acquisition entered into a credit agreement that features $225 million in term loan and revolving credit facilities. JPMorgan Chase Bank is the administrative agent.
Tiger Group’s commercial and industrial division experienced a company record number of sales registrants and buyers at its sales for audio/visual and movie theater assets in the first half of 2022, which played a major factor in achieving 96% to 99% sell-through rates.