News

Great Rock Capital closed a leverage facility with Wells Fargo Capital Finance.

Avidbank Specialty Finance provided School of Rock with a line of credit and term loan to help bolster the company’s plans for growth._x000D_ _x000D_ _x000D_ _x000D_

Veritas Capital acquired the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory Care Management (Centricity Practice Solution) and Workforce Management (formerly API Healthcare) assets of GE Healthcare’s Value-Based Care Division for $1.05 billion in cash.

The SEC charged Michael Liberty, founder of the fintech startup now known as Mozido, with a scheme to trick hundreds of investors into investing in his shell companies instead of Mozido.

Asure Software amended its credit facility, increasing the term loans and amount of available financing to $175 million.

Civeo completed its acquisition of 100% of the equity interests of Noralta Lodge. Royal Bank of Canada served as administrative agent for an amendment to Civeo’s credit facility to support the transaction.

Wyndham Worldwide entered three amendments to its credit agreements, with Bank of America serving as administrative agent on two of them and JPMorgan Chase serving as administrative agent on the other.

The Wall Street Journal reported that former CIT Group CEO John Thain is expected to join Deutsche Bank’s supervisory group in May._x000D_ _x000D_

T-Mobile USA amended its $4 billion secured term loans and $2 billion revolver. Deutsche Bank, New York Branch acted as administrative agent for the term loans, while Deutsche Telekom acted as administrative agent for the revolver.

Mitsubishi UFJ Financial Group’s core commercial banking subsidiary, The Bank of Tokyo-Mitsubishi UFJ, changed its name to MUFG Bank as of April 1, 2018.