Morgan Stanley, HSBC Provide AVG Credit Facilities
AVG Technologies entered into a commitment letter with Morgan Stanley, HSBC Securities, HSBC Bank Plc and HSBC for facilities in the amount of up to $300 million.
AVG Technologies entered into a commitment letter with Morgan Stanley, HSBC Securities, HSBC Bank Plc and HSBC for facilities in the amount of up to $300 million.
Crestmark and TIP Capital entered into an agreement for Crestmark to acquire TIP Capital’s equipment leasing and asset management business. The acquisition is scheduled to be completed in late September 2014.
Victory Park Capital announced Gordon Watson was named principal. Watson, a 15-year financial services veteran, will join the firm’s New York office.
Deloitte acted as exclusive financial advisor to Provo, VitalSmarts in its sale to Providence Corporate Development Holding, an affiliate of Providence Equity Partners.
Pelican Point Capital Partners announced the appointment of Marvin Miller as general counsel and managing director.
Tiger Group’s Remarketing Services Division and GA Global Partners were appointed by the bankruptcy court to sell all of the sound equipment from the Todd-Soundelux bankruptcy.
Bloomberg reported hackers who stole gigabytes of data from JPMorgan may have been trying to send a message that U.S. financial institutions can be disrupted, the former director of the National Security Agency said.
Bloomberg reported Oaktree Capital Group is said to be seeking $10 billion for a new fund with plans to sit on most of the capital until rising markets reverse course.
Swisher Hygiene said it closed on a $20 million revolving credit facility with Siena Lending Group.
Concordia Healthcare announced its subsidiary entered into a definitive agreement with Eisai to acquire Zonegran. GE Capital agreed to provide an incremental senior secured credit facility of up to $95 million.