News

SSG Capital Advisors acted as the investment banker to Costume Gallery Holdings in the sale of substantially all of its assets to Henry & Wallace. The transaction closed in April 2018.

Gordon Brothers promoted 25 employees in 2018 across North America, Europe and Asia.

SIG Combibloc secured a $1.1 billion loan from a syndicate of banks led by Barclays Bank serving as administrative agent on the transaction.

UrtheCast entered into a binding agreement for a $142 million senior secured facility with UrtheDaily Funding. The proceeds will be used to finance the construction, launch and deployment of six satellites.

iHeartMedia filed a motion seeking to access a $450 million debtor-in-possession credit facility with an incremental accordion up to $100 million. Citibank will serve as administrative agent.

Utica Leaseco completed the funding of a $350,000 lease secured by machinery and equipment for a farm located in Michigan.

Remington Outdoor Company emerged from Chapter 11 after successfully implementing its plan of reorganization. The company is exiting with a new $193 million ABL loan, a new $55 million FILO term loan and a new $100 million term loan.

Aspen Holdings closed multi-currency syndicated facilities equivalent to approximately €3.4 billion ($4 billion). MUFG and Nedbank served as global coordinators, initial mandated lead arrangers and bookrunners.

According to a report from S&P Global, Chinese banks collectively hold the largest share of total assets held by the top 100 global banks. Crédit Agricole replaced Wells Fargo in the No. 10 slot by $165 million.

Alvarez & Marsal added Jason Green and Don Johnson as managing directors in its Corporate Performance Improvement practice in Chicago, with Green leading the service offering.