News

According to findings from the latest Wells Fargo/Gallup Small Business Index, small business owners entered the new year feeling the most optimistic since early 2007.

KKR appointed Jacques Veyrat senior advisor for KKR’s investment activities in France. He will work closely with Henry Kravis, Johannes Huth and the wider EMEA leadership team._x000D_ _x000D_

LendingClub Warehouse, a wholly-owned subsidiary of fintech lender LendingClub, entered into a warehouse credit agreement with JPMorgan Chase as administrative agent._x000D_ _x000D_ _x000D_

WestRock agreed to acquire all of the outstanding shares of KapStone for $35.00 per share and will assume approximately $1.36 billion in net debt, for a total enterprise value of approximately $4.9 billion. Wells Fargo will provide financing to support...

Bank of America amended its secured line of credit for Xplore Technologies, increasing the maximum revolver amount to $20 million and extending it to January 2021.

BioAmber’s Canadian subsidiary BioAmber Sarnia entered into a waiver and amending agreement to its current loan agreement with its senior lending syndicate led by Comercia._x000D_ _x000D_

Utica Leaseco completed a $350,000 capital lease for a Pennsylvania-based logistics company. The lease was secured by machinery and equipment.

IEC Electronics amended its credit facility with M&T Bank, adding an equipment line of credit of up to $1.5 million.

The Wall Street Journal reported that U.S. crude oil prices have climbed to more than $70 a barrel as suppliers have capped production and stockpiles shrink.

TriplePoint Venture Growth amended its credit facility with Deutsche Bank as administrative agent, increasing the capacity to $210 million and extending the revolver period to February 20, 2020.