Author: Rita Garwood

ABL Deal Chart 2021 Q2

Notable ABL Transactions Data gathered from direct sources, news releases and other public information — covers 4/01/21 through 6/30/21.

JPMorgan, Oaktree, Morgan Stanley Complete New $265MM Financing for NN

NN completed a new financing with J.P. Morgan, Oaktree Capital Management and Morgan Stanley Tactical Value to provide a $50 million asset-based credit line, a $150 million term loan and a $65 million preferred stock issuance, respectively. 

Global Eagle Completes Asset Sale, Emerges from Chapter 11

Global Eagle Entertainment completed the sale of substantially all of its assets to a group consisting of its first lien investors. Global Eagle’s new owners include certain funds managed by affiliates of Apollo Global Management, among others.