News

Goldman Sachs BDC and Goldman Sachs Middle Market Lending obtained stockholder approval of all of the proposals related to the merger of the two companies.

Private Debt Investor named Alona Gornick, a principal on the senior loan origination team with Churchill Asset Management, a “Rising Star.” Gornick joined Churchill in 2016 and became the firm’s first full-time originator since its launch as a TIAA/Nuveen affiliate...

CIT’s maritime finance business served as sole lead arranger on a $70 million senior secured financing on behalf of International Container Company Holdings Limited.

Akorn, a specialty pharmaceutical company, completed its sale to its term loan lenders and exited Chapter 11 protection.

PwC’s recent report, “Securing your tomorrow, today – The future of financial services,” predicted that alternative providers of capital are on track to become an even more important part of the global financial system.

White Oak Global Advisors entered a formal partnership with the Sustainability Accounting Standards Board. This partnership will enable White Oak to incorporate SASB’s standards into its ESG research and underwriting processes for prospective credit issuance.

The September Credit Managers’ Index from the National Association of Credit Management fell by a half a point from the August index, marking the first decline since April. However, the CMI is still trending positively in expansion territory

Lisa Donahue, global joint head of turnaround and restructuring services for AlixPartners, was named to Crain’s annual list of Notable Women in Accounting and Consulting.

AlixPartners is acting as restructuring advisor to Oasis Petroleum, which filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code.

Alvarez & Marsal is acting as restructuring advisor to Superior Energy Services, which entered into a restructuring support agreement with a group of its senior noteholders and filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code.