Capital Business Credit Provides ABL Facility to Sabin Robbins
Capital Business Credit provided an $8.8 million ABL facility to Sabin Robbins Converting. The financing assisted the equity sponsor, Theca, in its acquisition of Sabin.
Capital Business Credit provided an $8.8 million ABL facility to Sabin Robbins Converting. The financing assisted the equity sponsor, Theca, in its acquisition of Sabin.
GenCorp announced that it entered into a $100 million subordinated delayed draw term loan credit facility with a lender group led by Bank of NY Mellon as administrative agent.
Gulf Packaging received a $20 million revolving line of credit, financed by First Capital.
Federal-Mogul Holdings announced it successfully secured $2.6 billion to refinance existing debt. Citicorp USA acted as administrative agent, according to an SEC filing.
Tenaska Marketing Ventures announced it completed renewal of a revolver that provides the company with up to $1.5 billion of borrowing capacity. BNP Paribas Securities, others acted as lead arrangers for the facility.
SuperValu announced it completed the repricing, amendment and extension of its $1 billion asset-based revolver. Wells Fargo, U.S. Bank, Rabobank, Goldman Sachs, Credit Suisse, Morgan Stanley, Barclays and BofA Merrill acted as joint lead arrangers.
Bauer Performance announced it completed the acquisition of Easton Baseball/Softball. Bank of America, JPMorgan, Royal Bank of Canada and Morgan Stanley provided BPS with fully committed credit facilities to close the transaction.
Brown & Brown announced its entry into a $1.35 billion credit facility, funded by a syndicate of financial institutions led by JPMorgan Chase Bank.
Oxford Finance and MidCap Financial closed a $20 million senior credit facility with biopharmaceutical company Zafgen.
GB Credit Partners provided Shopko with $7.5 million of a $42.5 million term loan. The financing is secured by Shopko’s inventory, accounts receivable and real estate.