News

Minniette Milligan joined Dorsey & Whitney as of counsel in the finance and restructuring group in Des Moines. Milligan has nearly two decades of experience as a practicing transactional attorney in commercial leasing and secured transactions, corporate law, compliance and...

Todd Warrick, Triangle Market President for First Horizon First Horizon Bank announced that Todd Warrick, Executive Vice President and Corporate and Commercial Market Leader, has been promoted to Triangle Market President for the Mid-Atlantic region. He will continue to report...

Tarter Krinsky & Drogin added Terence “Terry” K. McLaughlin as a partner in the litigation group, bringing a wealth of high-level experience in commercial and healthcare litigation. McLaughlin expands the firm’s capabilities with a focus handling major disputes for healthcare...

Advance Auto Parts retained Gordon Brothers, the global asset experts, to provide surplus disposition services for 83 owned and leased sites across 38 states. The automotive aftermarket parts provider is divesting these non-core assets as the company focuses on its...

Republic Business Credit provided a $3.5 million factoring facility to an international in-car technology manufacturer. The facility supported the industry’s long-dated extended credit terms, while also addressing seasonal customer concentration issues. The company needed a working capital facility to support...

The final week before the Federal Reserve’s December policy meeting delivered a complex read for the middle market, presenting both a high probability of monetary relief and an escalating test of the private credit sector’s core value proposition. Market expectations...

Eclipse Business Capital provided a $75 million senior secured asset-based lending facility to a consumer products supplier. The credit facility is secured by accounts receivable and inventory. The transaction refinances the company’s existing bank debt and provides additional liquidity for...

GLM III and its affiliated investment manager, GoldenTree Asset Management, closed a $753 million collateralized loan obligation (CLO) to be managed by GLM III. With the closing of this CLO, GoldenTree Loan Management US CLO 27 (GLM US CLO 27),...

Netflix and Warner Bros. Discovery have entered into a definitive agreement under which Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO. The cash and stock transaction is valued at $27.75 per WBD share...

Virtus Investment Partners, which operates a multi-manager asset management business, has entered into a definitive agreement to acquire a majority interest in Keystone National Group, an investment manager specializing in asset-centric private credit. The transaction expands Virtus’ offerings into private...