PNC’s Rohr Joins GE Board of Directors
GE’s board of directors has elected James E. Rohr, chairman and former CEO of PNC Financial Services, as a GE director.
GE’s board of directors has elected James E. Rohr, chairman and former CEO of PNC Financial Services, as a GE director.
Hilton Worldwide will launch a $5.85 billion credit at a bank meeting on September 17; proceeds will refinance existing debt in advance of Hilton’s initial public offering, sources told Thompson Reuters.
Jawbone raised $113 million in debt and equity financing; Silver Lake, Fortress Investment Group, J.P. Morgan, and Wells Fargo provided the debt financing, a Reuters source said.
NewStar Financial said it completed a $400 million term debt securitization known as NewStar Commercial Loan Funding 2013-1.
Xand announced that it recently increased the company’s debt financing to over $200 million. TD Securities and GE Capital Markets arranged the amendment.
Marquette Business Credit and Superior Capital Partners provided acquisition and growth capital for the purchase of Aldora Aluminum and Glass Products and Coastal Glass Distributors.
Dell announced that based on a “preliminary vote tally,” shareholders have approved a buyout proposal worth $25 billion, ending months of conflict over the fate of the ailing personal computer maker.
U.S. middle market companies posted solid revenue gains and added workers in Q2/13, according to research conducted by the independent research firm RTi on behalf of the National Center for the Middle Market (NCMM).
Reuters sources revealed that retail fee details are out on Verizon Communications’ $12 billion in term loans.
SSG Capital Advisors said it acted as investment banker to Cotton Holdings in the placement of a more than $13 million financing package enabling the company to generate additional liquidity for growth.