Quantum Draws on WFCF Revolver to Repay Notes

Quantum said it repaid about $81 million in convertible notes, at par, and approximately $1 million in interest. The company noted it used $66 million from its $75 million facility with Wells Fargo Capital Finance.

October 12, 2015 Quantum Corporation | Wells Fargo Capital Finance Terry Mulreany

NewStar Completes Feingold O’Keeffe Acquisition, Spawns NewStar Capital

NewStar said it completed the acquisition of Feingold O’Keeffe Capital, DBA FOC Partners, a private alternative asset management firm. FO will operate as NewStar Capital.

October 9, 2015 Feingold O’Keeffe Capital | NewStar Capital | NewStar Financial Terry Mulreany

Monroe Capital Supports Fan Creek Capital’s Investment in Opus Agency

Monroe Capital said it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support an equity investment in Opus Agency by private equity sponsor, Fan Creek Capital.

October 9, 2015 Fan Creek Capital | Monroe Capital | Opus Agency Terry Mulreany

CapitalSource, City National Reduce Rate on Harvest Capital Facility

Harvest Capital Credit said it has amended its revolving credit facility with CapitalSource and City National Bank to extend the maturity date and reduce the interest rate spread by 125 bps.

September 28, 2015 CapitalSource | City National Bank | Harvest Capital Credit Terry Mulreany

Gavin/Solmonese Hires Monaco as Senior Managing Director

Gavin/Solmonese said veteran bankruptcy attorney and certified mediator Frank Monaco will join the firm as a senior managing director as of January 1, 2016.

September 28, 2015 Frank Monaco | Gavin/Solmonese Terry Mulreany

CIBC Agents Rocky Mountain Upsized $270MM Amendment

Rocky Mountain Dealerships said it amended and upsized its credit facility to $270 million with a group of banks led by CIBC as administrative agent.

September 28, 2015 Bank of Nova Scotia | CIBC | De Lage Landen | HSBC | Rabobank Canada | Rocky Mountain Dealerships Terry Mulreany

Bank of Texas Provides $16MM of Financing to Tandy Leather

Tandy Leather Factory said Bank of Texas would provide a $6 million revolver and a $10 million facility secured by a deed of trust on the company’s headquarters building.

September 28, 2015 Bank of Texas | JPMorgan Chase | Tandy Leather Factory Terry Mulreany

EMA Closes $50MM Bridge Facility to Fund Upcoming Movies

According to industry trade publication The Wrap, indie studio Envision Media Arts has closed a $50 million credit line with National Bank if Canada.

September 18, 2015 Envision Media Arts | National Bank of Canada | Wendy Moore Terry Mulreany

Lenders See Upturn in Middle Market Private Equity Buyouts

According to a TRLPC report, lenders providing debt for private equity buyouts of U.S. middle market companies are seeing an upturn in what has otherwise been a disappointing year in terms of volume.

September 18, 2015 middle-market | Thomson Reuters LPC Terry Mulreany