News

Horizon Credit II, the subsidiary of specialty finance company Horizon Technology Finance, amended its syndicated revolving credit facility led by KeyBank.

Tenneco signed a definitive agreement to acquire Federal-Mogul from Icahn Enterprises. After closing, Tenneco will split the businesses into two public companies. JPMorgan and Barclays provided $4.9 billion of debt financing to support the transaction.

US Capital Partners provided a $70 million revolving line of credit and a $10 million term loan to a wholesale distributor of perfumes and fragrances in the U.S.

Gordon Brothers expanded its presence in Australia with the opening of a Melbourne office led by Fenton Healy, a 20-year industry veteran.

An investor group led by Francisco Partners agreed to acquire Verifone for approximately $3.4 billion, including Verifone’s net debt. Credit Suisse, Barclays and Royal Bank of Canada will provide debt financing to support the transaction.

Financial services company First Foundation amended its loan agreement with Texas-based NexBank.

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of TPC Training and JADE Learning by private equity sponsor Frontenac. _x000D_ _x000D_

Tailored Brands refinanced its existing term loan, upsizing its aggregate principal amount to $900 million. JPMorgan Chase Bank acted as lead arranger, administrative agent and joint book runner on the transaction.

Brazos Midstream Holdings agreed to sell its Delaware Basin subsidiary companies to North Haven Infrastructure Partners II. Jefferies Finance and Royal Bank of Canada will provide $950 million in debt financing to support the transaction.

Business advisory firm Ankura appointed Joseph A. Spinelli senior managing director. Spinelli previously served as the first inspector general of New York and as a special agent in the FBI. _x000D_ _x000D_