ABL Deal Chart 2020 Q1
Notable ABL Transactions Data gathered from direct sources, news releases and other public information — covers 1/01/20 through 3/31/20.
January 21, 2020 Rita Garwood
Carlyle Makes Strategic Investment in iCapital Network
iCapital Network, the financial technology platform democratizing alternative investments, announced that The Carlyle Group has invested in the company as a strategic partner.
November 12, 2018
Wells Fargo and BlackRock Plaintiffs Settle RMBS Trustee Litigation
Wells Fargo and a group of institutional investors, including funds affiliated with BlackRock and PIMCO, reached a settlement that resolves two class action lawsuits.
November 12, 2018
Highbridge, Athyrium Provide New $72.5MM Novelion Therapeutics Facility
Certain funds managed by Athyrium Capital Management and Highbridge Capital Management provided a facility consisting of $50 million in new secured first lien term loans and $22.5 million of new secured term loans to Novelion Therapeutics, a biopharmaceutical company.
November 12, 2018
SunTrust Leads PennantPark Facility Upsize to $520MM
PennantPark Floating Rate Capital upsized its credit facility led by SunTrust Robinson Humphrey to $520 million from $405 million.
November 12, 2018
Two River Community Bank Welcomes Halverstadt as VP/Commercial Loan Officer
Two River Community Bank announced the addition of Jeff Halverstadt as vice president and commercial loan officer serving the central and northern New Jersey area. Halverstadt brings more than 30 years of commercial banking experience to Two River Community Bank.
November 12, 2018
GE Capital Energy Financial to Sell Equity Portfolio to Apollo
Funds managed by affiliates of Apollo Global Management and GE Capital reached an agreement where Apollo will acquire a $1 billion equity portfolio from GE Capital’s Energy Financial Services unit.
October 9, 2018
GE Replaces Flannery with New Chairman & CEO
GE named H. Lawrence Culp, Jr. chairman and CEO succeeding John Flannery. The GE board also appointed Thomas W. Horton as lead director.
October 1, 2018
Fed Raises Interest Rates in Response to Strong Economy
The Federal Reserve raised the target range for the federal funds rate to 2% to 2-1/4% in view of realized and expected labor market conditions and inflation.
September 27, 2018
LBC Credit Supports Drake Automotive Refi
LBC Credit Partners provided senior secured credit facilities to Huron Capital to support the refinancing of Drake Automotive Group and the add-on acquisitions of Proforged and DV8.
June 27, 2018