Dorsey Partner Named TMA Board Trustee
Dorsey & Whitney announced Annette Jarvis, a partner in the firm’s bankruptcy and financial restructuring group, and a member of the firm’s management committee, was named a TMA Global Board trustee.
Dorsey & Whitney announced Annette Jarvis, a partner in the firm’s bankruptcy and financial restructuring group, and a member of the firm’s management committee, was named a TMA Global Board trustee.
TAB Bank provided a $3.5 million ABL revolver for a metal forging company located in Texas. The company forges and machines aluminum and steel into mission critical aircraft components.
BMO Harris Bank’s ABL group acted as sole revolving lender of a $25 million revolver in support of Imperial Plastics’s acquisition of Engineered Polymers.
Stradling said Dayan Rosen joined as shareholder and will lead the expansion of its Debt Finance and Financial Services practice group. Previously, Rosen served at Latham & Watkins and Manatt Phelps.
TOMPC has secured a $100 million senior credit facility that can be expanded to $150 million. Capital One Securities and Compass Bank acting as joint lead arrangers.
TD Bank promoted Christopher L. Rallo to Commercial Banking senior relationship manager. Prior to TD Bank, Rallo worked for 17 years at People’s United in a variety of roles, including ABL Department head.
MorrisAnderson announced Bruce Goldstein joined the company as a managing director in the Chicago office.
Gibraltar Finances announced two recent $3 million private equity-backed deals.
Bank of America reported a Q3/14 net loss of $70 million after deducting dividends on preferred shares. The results included a pretax charge of $5.3 billion for the mortgage-securities settlement.
Waste Pro USA said it completed a $579 million recapitalization, which included an ABL revolver led by Wells Fargo Capital Finance.