News

Rick Nowak rejoined Mayer Brown as a partner in its litigation and dispute resolution practice in Chicago. Nowak, an experienced trial lawyer and nationally recognized Employee Retirement Income Security Act (ERISA) litigator and former co-chair of the ERISA Litigation practice,...

The Federal Reserve's measured approach to monetary policy dominated the middle market debt landscape this week, as Chair Powell maintained the central bank's cautious stance amid economic uncertainty and heightened trade policy volatility. Friday's May employment report showed resilient job...

Solar Mosaic, a fintech platform for U.S. residential solar and energy-efficient home improvements, filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. Through the...

Freepoint Commodities closed a $2.3 billion revolving bank facility. The facility consists of a $1.38 billion, three-year committed tranche and a $920 million one-year uncommitted tranche. Additionally, the facility has a $900 million accordion feature. Mitsubishi UFJ Financial Group (MUFG) and Natixis (New York branch) are joint lead arrangers...

New research from Principal finds the Principal Financial Well-Being Index at 6.02 out of 10, down sharply from 7.8 in November 2024, and the lowest level recorded since November 2020. The Index is scored on a 0 to 10 scale, where...

Lincoln Financial and Bain Capital closed their previously announced long-term strategic partnership agreement. The partnership was first announced by Lincoln and Bain Capital on April 9, 2025, and includes an $825 million strategic growth investment from Bain Capital, which acquired...

Onyx Renewables, a provider and owner of localized clean energy solutions, closed a $260 million credit facility to support the growth of Onyx’s portfolio of distributed energy projects across the United States. The senior secured facility, which may be increased to $350 million, is...

US Capital Global Securities, the SEC-registered broker-dealer division of the global private financial group US Capital Global, acted as lead advisor and facilitator on a project finance facility of up to $50 million for Charbone Hydrogen. The financing is being...

Castlelake, a global alternative investment manager with 20 years of experience investing in asset-based private markets, agreed to provide a new £95 million facility to Equifinance, a specialist second charge mortgage lender. The financing will support Equifinance’s origination of second...

The NORDAM Group repaid the remaining outstanding principal amount of its Term Loan B issued on April 9, 2019. The instrument was refinanced by the issuance of a new $225 million private credit term loan, due 2031. The new term...