Atlantic Risk Management Opens U.S. Office
Atlantic Risk Management, a provider of international ABL diligence and cross-border services, opened a U.S. office in Chicago.
Atlantic Risk Management, a provider of international ABL diligence and cross-border services, opened a U.S. office in Chicago.
Corporation Service Company said it is conducting the first-ever comprehensive overview of UCC Article 9 best practices and insights and invites UCC professionals to participate.
Reuters sources reported that Morgan Stanley is handling a deal involving a group of banks providing about 700 million euros ($954 million) of debt financing to back a sale of German-based LTS Lohmann.
Alliant Techsystems announced a prospective lenders’ meeting to discuss a potential bank financing consisting of a $600 million revolver, a $1.01 billion term loan “A” facility and a $250 million term loan “B” facility.
Reuters reported that JPMorgan Chase & Co chairman and CEO Jamie Dimon has given up the title of chairman of the company’s main bank subsidiary to conform with a new internal policy on multiple roles.
Mercer Capital Vice President Lucas M. Parris has earned the right to use the Accredited Senior Appraiser (ASA) designation in the business valuation discipline from the American Society of Appraisers.
Bloomberg reported that Hudson’s Bay increased its loan size to $2 billion to support its acquisition of Saks, citing a person with knowledge of the transaction.
The ISM’s Non-Manufacturing Index registered 54.4% in September, 4.2 percentage points lower than August’s reading of 58.6%, indicating continued growth at a slower rate.
Sears Holdings announced that its subsidiaries have borrowed $1 billion under a new a senior secured term loan facility. According to an SEC filing, Bank of America served as agent.
Equinix announced it amended its credit facility, comprised of a $550 million multi-currency revolving credit facility and a $200 million term loan facility. Merrill Lynch, Pierce, Fenner & Smith is lead arranger.