News

FS Investment and Corporate Capital Trust entered into an agreement under which FSIC, a partnership between FS Investments and KKR Credit Advisors, and CCT will merge, creating the second largest publicly traded BDC.

LifePoint Health and RCCH HealthCare Partners are merging, with LifePoint remaining as the surviving privately-held entity upon closing. Barclays, Citigroup, RBC Capital Markets and Credit Suisse will provide financing to support the transaction.

Crescent Capital Group’s European Specialty Lending strategy provided a unitranche loan to support the acquisition of a majority share of CLARUS Films Group by funds advised by PREMIUM Equity Partners._x000D_ _x000D_

Hecla Mining’s completed its acquisition of Klondex. Scotiabank agented a $50 million increase to the company’s revolving credit facility to support the transaction.

TD Bank’s Small Business Administration Lending Group provided a 7(a) loan to assist local educators and entrepreneurs purchase The Goddard School franchise in Woodstock, GA, bringing Goddard's private pre-school curriculum to area families.

Alvarez & Marsal Taxand entered into a strategic partnership with Tax Technologies. The partnership is intended to streamline A&M’s support services and centralize its tax data management and industry expertise in order to maximize value for customers.

Main Street Capital expanded the total commitments under its revolving credit facility from $655 million to $680 million. BB&T served as administrative agent for the 17-bank lender group.

The Wall Street Journal reported that bankrupt retailer Toys “R” Us has reached a settlement with a group of lenders that will protect the company from future litigation._x000D_ _x000D_ _x000D_

Ygrene increased its warehouse credit facility to $510 million and added Natixis as a new member of its lending syndicate.

U.S.-based footwear holding company StreetTrend and Italian investment firm Panda acquired a majority interest in the luxury sneaker and footwear brand P448.