News

Blue Hills Bank closed a senior credit facility with Franklin Paint, a Franklin, MA-based manufacturer and distributor of traffic and athletic field marking paint, supplies and equipment. _x000D_ _x000D_

Monroe Capital acted as sole lead arranger and administrative agent on a senior credit facility to support the acquisition of Nearly Natural by Centre Partners, a middle market private equity firm._x000D_ _x000D_ _x000D_

Jan Naifeh joined FTI Consulting as a senior managing director in the Corporate Finance and Restructuring segment, enhancing its healthcare advisory expertise for both companies and creditors._x000D_ _x000D_

Keith Noreika rejoined Simpson Thacher & Bartlett as a partner in their financial institutions practice after a stint as acting comptroller at the OCC.

Extraction Oil & Gas increased its borrowing base to $750 million. Wells Fargo served as administrative agent for the transaction.

Economic advisor Diane Swonk joined Grant Thornton as chief economist, based out of the firm’s Chicago headquarters._x000D_

Antares Capital served as administrative agent and lead left arranger on a senior secured credit facility for AC&A Enterprises Holdings, supporting its acquisition of Encore Composite Structures._x000D_ _x000D_ _x000D_ _x000D_

Hilco Valuation named Bryan Courcier senior vice president of its Transportation and Construction Advisory business. _x000D_

Brookfield Business Partners will acquire 100% of Westinghouse Electric, a global provider of infrastructure services to the power generation industry, from its current owner Toshiba for approximately $4.6 billion.

The American Bankruptcy Institute reported December Chapter 11 filings were 699, up 107% from the previous year. Calendar year 2017 Chapter 11 filings were 5,744, a 6% increase from 5,447 filings in 2016.