Channel Partners Named an Inc. 500 Fastest Growing Company
Channel Partners said it was named the 390th fastest growing private company in the U.S. by Inc. Magazine.
Channel Partners said it was named the 390th fastest growing private company in the U.S. by Inc. Magazine.
Healthcare Finance Group announced the planned launch of a $475 million financing transaction for Prime Healthcare Services encompassing a $225 million ABL facility and a $250 million secured term loan.
Johnson Publishing Company, publisher of EBONY and JET magazines and parent company of Fashion Fair Cosmetics, has announced the successful closing of a revolving credit facility with Gibraltar Business Capital.
Apollo Investment announced an amended credit facility. JPMorgan Chase Bank acted as administrative agent.
Amerisource announced the closing and funding of a $1 million credit facility for a cellular communications equipment manufacturer based in upstate New York.
Bloomberg reported that for all the efforts to regulate banks since Lehman Brothers collapsed, stock investors have no more faith in U.S. financials now than they did in early 2008, relative to the rest of the market.
Sear Holdings said it notified the agent under its existing ABL revolver that it intends to obtain a $1.0 billion incremental term loan to reduce borrowings under the revolver, which was provided by a syndicate of lenders led by Bank of America as agent.
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.