News

Reuters reported the U.S. leveraged loan market has started 2018 with a high demand, allowing companies to reduce pricing on loans.

Heather Palmer joined Sidley Austin as a partner in its Environmental practice in Houston.

Private equity company Leonard Green & Partners will acquire ProMach from AEA Investors. Morgan Stanley and Goldman Sachs have agreed to provide debt financing to support the transaction.

Reuters reported Dutch-based retailer Action needs to refinance exisiting debt and pay out a dividend to shareholders, which has caused it to initiate a €2.4 billion ($2.9 billion) leveraged loan.

According to findings from the latest Wells Fargo/Gallup Small Business Index, small business owners entered the new year feeling the most optimistic since early 2007.

KKR appointed Jacques Veyrat senior advisor for KKR’s investment activities in France. He will work closely with Henry Kravis, Johannes Huth and the wider EMEA leadership team._x000D_ _x000D_

LendingClub Warehouse, a wholly-owned subsidiary of fintech lender LendingClub, entered into a warehouse credit agreement with JPMorgan Chase as administrative agent._x000D_ _x000D_ _x000D_

WestRock agreed to acquire all of the outstanding shares of KapStone for $35.00 per share and will assume approximately $1.36 billion in net debt, for a total enterprise value of approximately $4.9 billion. Wells Fargo will provide financing to support...

Bank of America amended its secured line of credit for Xplore Technologies, increasing the maximum revolver amount to $20 million and extending it to January 2021.

BioAmber’s Canadian subsidiary BioAmber Sarnia entered into a waiver and amending agreement to its current loan agreement with its senior lending syndicate led by Comercia._x000D_ _x000D_