Babson Capital Management said it provided $12 million in mezzanine debt to support Drew Marine

GE Energy Financial Services served as lead arranger of a $107 million senior secured credit facility for two gas-fired power plants managed by private equity firm Tenaska Capital Management.

Macquarie Global Mining Equipment Finance said it has approved up to $75 million of equipment lease financing, arranged by Bank of America, for Cura Classis (Canada) and Cura Classis (USA).

Best Buy and founder Richard Schulze announced they have reached an agreement under which Schulze will be permitted to form an investment group for the purpose of making a fully financed proposal to acquire the company.

EverBank Financial said it converted $48.7 million of cash escrow from the acquisition of Tygris Commercial Finance to common stock escrow. The company said based on the performance of the Tygris portfolio, it expects the shares to be fully released in 2015.

Bloomberg said the global investigation into the manipulation of LIBOR needs to go further noting that if the problem lasted a few years, the shortfall could be close to $1 trillion.

The Fed said it is considering delaying until September 2013 the implementation of company-run stress tests required by Dodd-Frank of bank holding companies, state member banks and savings and loan holding companies with between $10 billion and $50 billion in total consolidated assets.

First Corporate Solutions announced they will be hosting a free webinar event, “UCC Perfection: How Secure is Your Security?” on August 29, 2012.

Medley Capital closed its registered public offering of 5.75 million shares of its common stock. Goldman, Sachs, Barclays Capital, Credit Suisse Securities (USA) and UBS Investment Bank acted as joint bookrunning managers.

CardioDx completed a $58 million two-tranche equity financing. The financing included Temasek and existing investors Longitude Capital, Artiman Ventures, J.P. Morgan, Asset Management Group and GE Capital.