News

Capital One served as administrative agent and sole lender on a $100 million five-year senior secured line of credit for MRCC Senior Loan Fund I, a joint venture between Monroe Capital and NLV Financial.

CapX Partners provided a five-year senior secured term loan to Arandell, a catalog printing and omnichannel solution._x000D_ _x000D_ _x000D_

Monroe Capital closed a $456.3 million term debt securitization known as Monroe Capital MML CLO VI. Deutsche Bank served as lead manager, structuring agent and bookrunner on the transaction.

Lighthouse Financial completed a $3 million revolving line of credit to a North Carolina based designer, manufacturer and distributor of personal flotation devices, footwear and other outdoor products.

Bloomberg reported on a $42 million settlement Bank of America reached with the New York Attorney General’s office. The fine was levied over accusations the bank had sold customers’ trades to other firms without their clients’ permission or knowledge.

According to The Wall Street Journal, firearms manufacturer Remington Outdoor has filed for Chapter 11, an anticipated move after it announced its plans to do so in February.

Virco Manufacturing amended its 2011 revolving credit and security agreement. PNC Bank served as lender and administrative agent on the transaction.

A team of disposition firms consisting of Gordon Brothers, Great American Group, Hilco Merchant Resources and Tiger Capital Group began going-out-of-business sales at all 735 Toys “R” Us and Babies “R” Us locations throughout the U.S. and Puerto Rico on...

According to Reuters, rideshare company Uber increased its self-arranged term loan B to $1.5 billion. Morgan Stanley served as financial advisor on the transaction.

Private investment firm J.C. Flowers completed its acquisition of Jefferson Capital International from Flexpoint Ford.