News

Citi and LuminArx Capital announced the launch of Cinergy, a financing vehicle in the private lending market. Launched by LuminArx Capital, Cinergy will offer a range of private credit solutions to companies, including Citi’s global client base.

According to Phoenix Management’s Q4/23 “Lending Climate in America” survey, Overall, a majority of lenders (83%) signified a decline in credit ratings from Q3/23 to Q4/23, with 67% of lenders indicating a slight decline and 17% indicating a more-than-slight decline.

According to Mitsubishi UFJ Financial Group (MUFG)’s 2024 economic outlook, a so-called U.S. 'soft landing' seems increasingly plausible, although MUFG’s economists are still looking for a cyclical slowdown.

A team of attorneys from Greenberg Traurig represented Chilean renewable energy company Inversiones Latin America Power in its comprehensive financial restructuring implemented through a pre-packaged plan of reorganization in a Chapter 11 bankruptcy proceeding.

SSG Capital Advisors served as the investment banker to Sanotech 360, dba EMist, in the sale of its assets to an affiliate of Bio Surface Management Company. The transaction closed in December pursuant to a Chapter 11 plan of reorganization.

Golub Capital BDC, a business development company, entered into a definitive merger agreement with Golub Capital BDC 3, with Golub Capital BDC as the surviving company, subject to certain stockholder approvals and customary closing conditions.

Boston Magazine named four attorneys from Cohn & Dussi to its Top Lawyers list, including managing partner Lewis J. Cohn and associate Andrew B. Glaab in the field of bankruptcy and workouts and partners Richard E. Alpert and Russell A....

Diamond Sports Group, owner of Bally Sports regional sports networks, entered into a restructuring support agreement with its largest creditor groups. The RSA includes a commitment for $450 million of junior secured superpriority debtor-in-possession financing.

Golub Capital will celebrate its 30th anniversary this year, and marked the milestone by reporting that it raised a company record $13.9 billion of new investment firepower and grew capital under management to more than $65 billion, a new high,...

KSL Capital Partners completed the final closing of its latest travel and leisure focused private credit fund, KSL Capital Partners Credit Opportunities Fund IV, with total commitments of $1.26 billion, including the commitment of the general partner.