ABI Article Discusses ‘Fourth’ Exit Strategy from Chapter 11
A “fourth” exit strategy of a structured dismissal in Chapter 11 continues to grow as a popular option for companies...
Forward for Specialty Finance
Mizuho Hires Dolev as Senior Fintech Equity Research Analyst
Mizuho Americas hired Dan Dolev as managing director and senior equity research analyst covering financial technology. Dolev previously worked for...
J D Factors Delivers $775K in Recent Factoring Facilities
J D Factors provided $775,000 in recent factoring facilities, including a $300,000 factoring facility to a transportation company in Quebec.
Blackstone, Ares, HPS to Provide $435 DIP to Centric Brands
Centric Brands entered into a restructuring support agreement, led by certain funds managed by Blackstone, Ares Management, and HPS Investment...
JPMorgan Chase Agents Amendment to L&P’s Revolving Credit Facility
According to an 8K, JPMorgan Chase Bank served as administrative agent for an amendment to Leggett & Platt’s existing revolving...
JCPenney Files Chapter 11, Seeks Approval for $900MM DIP
JCPenney entered into a restructuring support agreement with lenders holding approximately 70% of its first lien debt to reduce the...
Amegy Bank Leads Increase and Extension to Stellus Capital’s Revolving Credit Facility
Stellus Capital Investment increased commitments under its revolving credit facility to $230 million, extended the commitment termination date, and amended...
JPMorgan Chase Extends Springing Maturity Dates for GNC Facilities
GNC Holdings reached an agreement to extend the springing maturity dates for certain loans, including its tranche B-2 term loan,...
RSM’s Middle Market Index Captures Severe Shocks of COVID-19 Pandemic
The RSM U.S. Middle Market Business Index, presented by RSM and the U.S. Chamber of Commerce, decreased by more than...
Colony Bankcorp Names Bateman, Jr. EVP, CCO
Colony Bankcorp, the bank holding company for Colony Bank, named Leonard H. Bateman Jr. executive vice president and chief credit...
