News

Malibu Boats agreed to acquire the assets of Pursuit Boats from S2 Yachts for $100 million. SunTrust served as agent on an amendment to Malibu’s credit agreement to support the transaction.

Crain’s Business Journal reported that Commerzbank, one of Diebold Nixdorf’s lenders, auctioned off $26 million of its revolving credit facilities and $21 million of Diebold’s ATM loans, with Citigroup as the winning bidder.

Chris Ford, who has led some of the country's largest and most innovative financial technology and payment systems transactions, joined Ballard Spahr as a partner in the firm's Consumer Financial Services Group. _x000D_ _x000D_ _x000D_

Sierra Oncology obtained a debt facility from Silicon Valley Bank to support the advancement of its drug development programs.

Financial services firm Barings served as agent, lead arranger and sole bookrunner on a senior secured credit facility to support ATL Partners’ acquisition of a majority stake in Rock-It Cargo.

Comerica Bank will provide ERI the largest credit facility in ERI’s 16-year history. Specific details of the financing were not disclosed.

Tiger Capital Group provided Commander Oilfield Services with a $5 million term loan that will allow the company to add premium assets and expand its service lines to meet strong customer demand in the Permian Basin.

Trade Finance Solutions funded a $3 million ABL revolving credit facility for a New York-based manufacturer of jewelry and other consumer products.

BRG Capital Advisors advised Atlys Global Finance on a $500 million committed senior debt facility with a large institutional investor.

MidCap Financial provided a senior credit facility to Ecoserv, a provider of industrial cleaning services and waste management solutions in the exploration and production field of the oil and gas industry.