News

Great Rock Capital recently upsized its investment-grade corporate note financing. Brean Capital served as the exclusive financial advisor and sole placement agent in connection with the transaction.

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of CargoBarn by Sheer Logistics, an existing portfolio company of Woodlawn Partners.

American Express issued its third Amex Trendex: Small Business Edition, which found that even as small business owners surveyed face continued economic uncertainty, their personal drive and long-term aspirations are buoying their optimism.

According to Turning Rock Partners, stocks and bonds rallied hard last week after seeing April’s inflation data as somewhat positive news that support possible rate cuts later this year.

Grant Thornton and New Mountain Capital closed a significant growth investment in Grant Thornton that will accelerate the firm’s business strategy. CDPQ and OA Private Capital made minority investments in Grant Thornton alongside New Mountain Capital.

LaVie Care Centers, an operator of 43 licensed skilled nursing facilities in five states, has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Georgia.

CVC Credit, the $43 billion global credit management business of CVC, has successfully priced Apidos XLVIII (48), a new $500 million (€460 million) collateralized loan obligation (CLO). Barclays served as lead arranger for this CLO.

FLINT has extended the maturity dates of its asset-based revolving credit facility with The Toronto-Dominion Bank, its term loan facility with Canso Investment Counsel and its 8% senior secured debentures to October 14, 2027 (previously March 23, 2026).

PulteGroup priced its previously-announced tender offers to purchase for cash up to $300 million aggregate principal amount of the company’s 5.500% senior notes due 2026 and 5.000% senior notes due 2027. J.P. Morgan is the dealer manager for the tender...

Hilton completed a $375 million securitization of timeshare loans through Hilton Grand Vacations Trust 2024-2 (HGVT). BofA served as the structuring lead manager and joint bookrunner along with Barclays, Deutsche Bank, Goldman Sachs, MUFG and Wells Fargo.