News

CVC Credit, the c.$60 billion (€52 billion) global credit management business of CVC, successfully priced Apidos LVIII (58), a new $550 million collateralized loan obligation (CLO) vehicle. Apidos LVIII is CVC Credit’s third U.S. new issue CLO and its fourth...

FGI Worldwide, a provider of working capital financing and trade credit insurance solutions, hired Jason Duke as director of business development, FGI Tech. Based out of FGI’s Boca Raton office, Duke will focus on expanding FGI’s proprietary credit insurance monitoring...

The Janus Henderson AAA CLO ETF (JAAA) surpassed $30 billion in assets under management (AUM). JAAA has attracted over $5.7 billion in assets this year alone. “With more than $30 billion in assets under management and a track record spanning...

Secured lending produced its densest week of announced volume since the spring, and the defining characteristic was breadth rather than size. CB&I upsized its senior secured credit facility from $400 million to $625 million on August 13, splitting the expansion...

Nightpeak Energy, a next-generation independent power producer that integrates dispatchable generation with data center and large-load development, closed a $75 million corporate credit facility with Macquarie Group. The facility expands Nightpeak’s financial capacity to continue advancing its power generation and...

CB&I, a provider of integrated storage and asset‑management solutions, upsized and closed its senior secured credit facility from $400 million to $625 million. The expanded facility consists of a $500 million revolving credit facility and a new $125 million syndicated...

Revman International received expanded funding and banking solutions from First Citizens Bank. Revman increased its existing ABL revolver to $55 million and secured a new $32 million commercial real estate loan with First Citizens' Commercial Bank, bringing the total financing to $87...

Hadrian, an advanced manufacturing company building automated factories for America, closed a $360 million revolving credit facility. This facility allows Hadrian to further invest in the advanced manufacturing infrastructure, machinery and related hardware needed to achieve its production goals. The...

TWFG entered into an amended and restated credit agreement providing for a $125 million revolving credit facility and extending the facility’s maturity to Aug. 12, 2031. The credit facility, with PNC Bank serving as administrative agent, enhances TWFG’s liquidity and...

Global law firm Hogan Lovells Cadwalader added Joanna Suna as a structured finance partner in its New York office. She joins the firm from Mayer Brown. “We are excited to welcome Joanna to Hogan Lovells Cadwalader,” James Doyle, global head...