News

Capital Southwest supported Osceola Capital’s recapitalization of Central Medical Group with a senior secured first lien term loan, revolver and capex line, as well as a minority equity investment.

Orion Energy Partners, GCM Grosvenor and Voya Investment Management closed a $365 million strategic capital partnership with Bakersfield Renewable Fuels, a Global Clean Energy Holdings subsidiary. As part of the partnership, GCM Grosvenor will provide $85 million in debt financing...

APC Automotive Technologies filed voluntary petitions for reorganization pursuant to Chapter 11 of the United States Bankruptcy Code. The company also negotiated agreements with certain of its existing term loan lenders for $50 million in debtor-in-possession financing.

Libbey received court approval of the first day motions of its voluntary Chapter 11 petitions, including approval of an initial $30 million of proposed DIP financing for which Cortland Capital Market Services is serving as administrative agent and collateral agent,...

A white paper created as part of the biopharma partnership between Tiger Group and Liquidity Services explained how investors and lenders can bolster the position of biopharmaceutical firms by leveraging asset valuation and disposition.

Alvarez & Marsal is serving as restructuring advisor to Libbey, which filed voluntary petitions under Chapter 11 of the Bankruptcy Code. In addition Libbey's existing lenders agreed to provide up to $160 million in DIP financing.

Bain Capital Specialty Finance priced an offering of $115 million aggregate principal amount of 8.5% senior unsecured notes due 2023. The company intends to use the net proceeds of this offering to repay debt under its secured credit facilities.

Coty signed a definitive agreement with KKR as part of a transformation that will deleverage Coty’s balance sheet, streamline its operations and strengthen its leadership team. KKR is investing $1 billion directly into Coty through the issuance of convertible preferred...

Energy Capital Partners loaned $35 million under a first-lien secured credit agreement to Summit Midstream Partners LP (SMLP) in connection with SMLP’s acquisition of Summit Midstream Partners LLC.

The shareholders of THL Credit, a direct lender to middle market companies, approved entry into an investment management agreement with First Eagle Alternative Credit, formerly known as THL Credit Advisors.