News

Santander Bank closed a $38.5 million senior secured equipment and revolving line of credit with Cold Carriers, a refrigerated transportation company.

According to Reuters, Bank of America Merrill Lynch and JPMorgan will lead an $8 billion debt refinancing for beauty company Coty.

Global advisory, restructuring and investment firm Gordon Brothers has been engaged by Triad Racing Technologies to sell the assets associated with it race engine shop located in Mooresville, NC.

DBS Bank served as agent, as well as a mandated lead arranger, on an amendment and restatement to a credit facility for Marina Bay Sands (MBS), a subsidiary of Las Vegas Sands.

A multi-bank facility led by IberiaBank provided a $50 million revolving line of credit to BBX Capital and certain of its subsidiaries, including BBX Sweet Holdings and Woodbridge Holdings.

According to Reuters, retail chain Claire’s Stores has filed for Chapter 11 in U.S. bankruptcy court in Delaware. Citigroup will provide DIP financing for the company as it goes through restructuring.

The SEC charged a former CIO of a U.S. business unit of Equifax with insider trading in advance of the company’s announcement about a massive data breach that exposed the social security numbers of about 148 million U.S. customers.

Healthcare services organization Constellation Healthcare Technologies, along with certain of its subsidiaries, filed for Chapter 11. Bank of America committed $7.5 million in DIP financing to the company.

SunTrust Robinson Humphrey served as both administrative and collaterak agent on an amendment to PGT Innovations’ existing $224 million term loan facility.

Crestmark closed a total of $25.675 million in financial solutions for 16 new clients in the first half of March 2018.