HSBC Arranges 5N Plus Multi-Currency Revolver
5N Plus announced the signing of a new $125 million senior secured multi-currency revolver. HSBC Bank served as lead arranger and bookrunner. The facility has a $25 million accordion feature.
5N Plus announced the signing of a new $125 million senior secured multi-currency revolver. HSBC Bank served as lead arranger and bookrunner. The facility has a $25 million accordion feature.
Houlihan Lokey announced L. Gregory Manos joined the firm’s Tax and Financial Reporting Valuation Services practice. Manos joins from Alvarez & Marsal, where he was a senior director in the Valuation Services Group.
Deloitte Corporate Finance said it acted as exclusive financial advisor to GraceKennedy on its acquisition of La Fe Foods
GemCap funded a $500,000 revolver for a start-up company that purchases non-prime auto notes and portfolios.
First Corporate Solutions announced the addition of Kentucky data to their web-based UCC search system, which can now be used to search for UCC’s and Federal tax liens.
Wynnchurch Capital announced the sale of SafeWorks Holdings to Evergreen Pacific Partners. The company will continue to be led by the current executive management team. Terms were not disclosed.
Tiger Group’s Remarketing Services division and PPL Group announced they are conducting an online sale for equipment formerly owned by Allied Environmental Services.
Regions Financial announced the formation of a new corporate and investment banking Financial Services Group led by Tom Dierdorff as senior vice president and group head.
Bloomberg reported in an interview on Bloomberg Television, that CIT CEO John Thain said the business lender has no plans to become a “serial acquirer” of financial firms.
Bloomberg reported Bank of America is nearing a $16 billion to $17 billion record settlement with the U.S. Justice Department to end probes into sales of mortgage-backed bonds that fueled the financial crisis.