News

AVEO Oncology refinanced its existing $20 million debt facility with Hercules Capital.

ANI Pharmaceuticals closed a new five-year, $125 million senior secured credit facility with Citizens Bank.

A fund managed by an investment advisor subsidiary of BlackRock joined OnDeck’s platform of financing partners as a committed source of capital to fund small business loan growth.

Campbell Soup closed a $1.2 billion three-year term loan credit agreement agented by Credit Suisse, Cayman Islands Branch.

The Wall Street Journal reported that a federal judge has ruled that PwC was negligent in connection with the Colonial Bank failure._x000D_ _x000D_

Keane Group amended its ABL facility with Bank of America serving as administrative agent, increasing the total availability to $300 million.

Reuters reported Steinhoff International’s Asia Pacific unit is trying to distance itself from its South African parent company, which has been hit by a major accounting scandal.

Mid-Con Energy Partners sold the oil and natural gas assets within its Southern Oklahoma core area to Exponent Energy III, a Tulsa, OK-based company. In connection with the divestiture, Wells Fargo reduced the company’s borrowing base to $115 million.

American Woodmark replaced its existing revolving credit facility with new facilities provided by a syndicate of lenders arranged by Wells Fargo Securities as administrative agent.

Aluminum-rolled product manufacturer Aleris International amended its 2015 ABL facility with JPMorgan Chase serving as administrative agent.