Credit Suisse Agents Behrman Capital’s Pelican Recapitalization
Behrman Capital announced it completed a $570 million recapitalization for Pelican Products. Credit Suisse acted as administrative agent.
Behrman Capital announced it completed a $570 million recapitalization for Pelican Products. Credit Suisse acted as administrative agent.
Exchange Capital announced Amy Ball joined the company as account manager, and will be responsible for managing the A/R portfolio as well as providing client services.
Regions Bank announced Terry Katon was appointed executive managing director and head of Regions Bank Capital Markets.
CIT Group appointed Todd Friant managing director of CIT Corporate Finance, Energy. Friant, formerly of American Capital, will lead origination efforts for senior lending opportunities.
Reuters reported Allegiant Travel Company borrowed $45.3 million from Wells Fargo Bank and pre-paid its $125 million term loan.
Mid-Con Energy Partners announced it received lender commitments to increase its borrowing base to $170 million under the company’s existing revolver. RBC acted as administrative agent, and BOKF, Comerica, Wells Fargo and Bank of Nova Scotia were participant lenders.
Cerapedics announced the closing of a $9 million venture debt financing from GE Capital, Healthcare Financial Services.
First Capital announced it provided a $5.8 million ABL to Prototype Productions.
American Capital announced it committed $71 million to support the acquisition of Luminator Technology Group by Audax Group.
Wayne Weitz, managing director at Gavin/Solmonese, was named one of the top business professionals making their mark in turnaround, bankruptcy and restructuring by Turnarounds & Workouts in its People To Watch list for 2014.