News

Deloitte Corporate Finance acted as exclusive financial advisor to Louisville, KY-based Donan Solutions on its divestiture of HVAC Forensics to Consolidated Claims Group.

Utica Leaseco completed the funding of a $900,000 capital lease for a Florida-based tour company.

Nicholas Financial amended its existing credit facility which, among other changes, extended the maturity date to March 31, 2019 and adjusted the availability of funds thereunder.

According to a Reuters report, nine banks are facing losses on loan and bond financing backing the buyout by a private equity firm of American Greetings.

Tiger Capital Group and Great American Group will supervise the closing and liquidation of six Island Pacific Supermarkets stores in California.

Cinemark Holdings amended its credit agreement, with Barclays Bank serving as administrative agent on the transaction.

VER filed voluntary petitions for reorganization under Chapter 11 to facilitate its merger with Production Resource Group. GSO Capital Partners and other lenders pledged up to $364.7 million in DIP financing to support the restructuring.

The American Bankruptcy Institute reported total commercial Chapter 11 filings increased 22% from 1,280 in Q1/17 to 1,562 during the first three months of 2018.

Ares Capital amended its senior secured credit facility, extending the expiration period of the $1.6 billion revolver to March 30, 2022 and increasing the total size of facility by $25 million to $2.1 billion.

White Oak Global Advisors will expand its asset-based lending platform to serve clients in the UK and other parts of Europe through the acquisition of LDF Group, a UK-based finance company. _x000D_ _x000D_