News

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.

Robert Pabst joined HYPERAMS as chief financial officer. Dustin Miller and Cherie Henry also joined HYPERAMS as financial analyst and equipment appraiser, respectively.

Amerisource Business Capital funded a $2 million debtor-in-possession senior revolving credit facility for a paperboard manufacturing company in New York.