News

Lloyds Bank and Oaktree Capital Management have entered a strategic partnership to support UK middle-market sponsor-backed borrowers. Lloyds Bank’s structured debt finance team will partner with Oaktree’s European private debt platform.

Paul Hastings advised Carlyle in connection with a strategic partnership it entered into with KKR to agree to purchase an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services. The transaction is expected to close by the...

TPG Twin Brook served as administrative agent on debt financing to support Silver Oak Services Partners-backed Geriatric Medical’s add-on acquisition of DDP Medical Supply and Trive Capital’s recapitalization of Kittyhawk.

SSG served as the investment banker to Eiger BioPharmaceuticals in the sale of Avexitide and its related clinical assets to Amylyx. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the Northern...

AlixPartners released the findings of its 19th annual turnaround and transformation survey, which reveal that the world’s leading turnaround executives continue to see the high cost of borrowing as a major factor driving company distress and restructuring activity.

nFusion Capital extended a $2 million factoring line to Lone Star Pipe Services, a Texas-based, family-owned and operated business that needed working capital to purchase equipment and inventory, recruit skilled workers, meet payroll obligations, invest in advertising and more.

According to S&P Global Market Intelligence’s new analysis, private equity dry powder held a record of $2.62 trillion and accumulated at an accelerated pace in the first half of 2024.

Based on a referral from a California CPA firm, a rapidly expanding apparel manufacturer has chosen Republic Business Credit as its preferred factoring partner. Republic provided a $3 million factoring facility, which was promptly increased to $4 million.

A Tiger Group auction on July 23 features late-model, state-of-the-art equipment that is excess to the ongoing operations of a renewable energy technology company. The timed, online auction, closes on July 23 at 10:00 a.m. PT. Bidding opens on Tuesday,...

The NFIB Small Business Optimism Index reached the highest reading of the year in June at 91.5, a one-point increase from last month. The last time the index was higher was in December of 2023 when it reached 91.9.