News

Sidley Austin added Michael Schiavone, Daniel O’Shea and David Ni to the firm’s New York office as partners in the Capital Markets practice. The group joined from O’Melveny & Myers.

Alvarez & Marsal Taxand added three new members to its tax advisory practice: Marvin Rust as managing director and head of Taxand Europe and Louise Jenkins and Andrew Ponting as senior directors.

Alliant Energy Finance, a wholly-owned subsidiary of Alliant Energy, entered into a two-year $300 million term loan credit agreement which matures in April 2020.

T-Mobile and Sprint agreed to merge in an all-stock transaction, a total implied enterprise value of approximately $59 billion for Sprint and approximately $146 billion for the combined company.

McClatchy, a publishing company based in Sacramento, CA, entered into a term sheet framework agreement with Chatham Asset Management for a $250 million tranche A term loan facility and an approximately $168.5 million tranche B term loan facility.

Trident VII Funds, managed by Stone Point Capital, made an investment in Gordon Brothers. Stone Point Capital is a private equity firm focused on investing in the financial services industry._x000D_ _x000D_

The Commercial Finance Association Education Foundation released its inaugural Secured Lending Confidence Index (SLCI). _x000D_ _x000D_ _x000D_

Hayfin Capital Management provided a €23 million ($27.805 million) debt facility consisting of a five-year term loan to Sinclair Pharma, an international aesthetics company.

Utica Leaseco completed a $1.6 million refinance secured by machinery and equipment for a printing company located in Ohio.

Keystone National Group provided $50 million in debt financing to Deserve, a new credit card company targeting millennials.