Veritas/Midland Provide Credit to Home Furnishings Manufacturer
Veritas Financial Partners and Midland American Capital provided a $3 million credit facility to a home furnishings manufacturer.
Veritas Financial Partners and Midland American Capital provided a $3 million credit facility to a home furnishings manufacturer.
The Sterling Group announced that its affiliated investment fund completed the acquisition of ROM and Specialty Manufacturing. BNP Paribas arranged. Oaktree provided second lien debt.
North Mill Capital announced the funding of a $2.75 million accounts receivable and inventory credit facility to USA Container.
Furiex Pharmaceuticals announced it executed a $15 million debt financing and restructured its $40 million credit facility with MidCap Financial and Silicon Valley Bank.
CMF Associates announced that Managing Director Thomas Bonney was nominated as a finalist for SmartCEO’s Circle of Excellence Awards in the category of International Business.
Amerisource announced the closing and funding of a $1 million A/R factoring facility for an IT and administrative staffing agency based in Arizona.
Monroe Capital announced the funding of a $16.6 million senior secured credit facility to support the acquisition and growth of a dental practice management company by a New York City-based private equity sponsor.
Level 3 Communications announced that its subsidiary, Level 3 Financing, completed marketing of the refinancing of its $1.2 billion senior secured tranche B-II 2019 term loan.
Nielsen Holdings announced that it successfully completed its acquisition of Arbitron agreeing to pay $48 per share for a purchase price of about $1.3 billion. JPMorgan Chase was said to be providing financing support.
Monroe Capital Corporation said ING Capital increased the company’s loan commitments on its syndicated credit facility to $95 million.