Goldman MLP Income Opportunities Fund Announces Leverage Financing
Goldman Sachs MLP Income Opportunities Fund announced it closed its $395 million committed line of credit with a major U.S. financial institution.
Goldman Sachs MLP Income Opportunities Fund announced it closed its $395 million committed line of credit with a major U.S. financial institution.
Ally Commercial Finance announced it provided a $57.5 million facility to support Revelstoke Capital Partners’ acquisition of Accelecare Wound Centers. Fifth Third Bank and Siemens Financial provided commitments.
Rocket Fuel announced it entered into a $100 million syndicated credit facility led by Comerica Bank, and including Silicon Valley Bank and City National Bank.
Cumulus Media announced today it entered into an amended credit agreement consisting of a $2.025 billion term loan and a $200 million revolver. JPMorgan Chase acted as administrative agent.
Reuters reported that bankrupt wireless communications firm LightSquared is seeking to raise exit financing, and targeting a $2 billion to 2.5 billion exit term loan, sources said.
Miller Nash bankruptcy law partner Teresa Pearson was recently elected to the board of directors of the Northwest Chapter of the Turnaround Management Association.
Paul Hastings announced it represented Gannett in connection with its acquisition of Belo. The Belo transaction had a total equity value of $1.5 billion.
Nevada Gold & Casinos announced a refinancing of its outstanding long-term debt through a $12.7 million revolver with Mutual of Omaha Bank.
The SEC proposal would build upon a regulation that would enable companies to offer and sell up to $50 million of securities within a 12-month period.
Simpson Thacher announced it represented Bank of Montreal and Deutsche Bank in connection with Westmoreland Coal’s acquisition of the Prairie and Mountain coal mining operations of Sherritt International.