News

Capitala Group raised $1 billion in a new, permanent capital vehicle from global institutional investors to help fund its new venture, Capitala Specialty Lending.

Hilco Corporate Finance, a mid-market investment bank and affiliate of Hilco Global, acted as exclusive financial advisor to Go! Retail Group on the latter’s $40 million working capital debt facility.

Reuters reported Crédit Agricole backed two U.S. renewal energy developers for a total of $419 million in financing.

Millennial Esports, a mobile video game publisher focused on eSports and racing, entered into a $10 million revolving multi-draw credit facility with Eastmore Global, with a $1.1 million initial drawdown.

Galaxy Gaming refinanced its existing indebtedness, closing a credit agreement with ZB dba Nevada State Bank. The agreement provides Galaxy with up to $12 million in borrowing capacity, $11 million in the form of a five-year term loan and $1...

Crude oil tanker company DHT Holdings closed a $485 million secured credit facility agreement with a six-year tenor for the refinancing of its credit facility. ABN Amro increased the company’s revolver from $43.4 million to $57 million.

TAB Bank provided a $2.5 million revolving credit facility to an Illinois-based trucking company.

Sears Holdings’ board of directors received a letter from ESL Investments, the hedge fund led by the company’s Chairman and CEO Edward Lampert, proposing to buy the company’s Kenmore appliance division, Sears Home Services and PartsDirect._x000D_ _x000D_

Ted Gavin of Gavin/Solmonese was elected president of the American Bankruptcy Institute, succeeding retired Judge Eugene R. Wedofff, at the organization’s annual spring meeting.

Nathan Clukey joined Sidley Austin as a partner in its Tax Controversy practice in Washington, D.C. He was formerly a partner with King & Spalding._x000D_ _x000D_