News

Barclays Capital Real Estate and Citigroup Global Markets Realty completed a a $1.5 billion mortgage loan of San Francisco’s Parkmerced on behalf of owner Maximus Real Estate Partners. AIMCO provided a $275 million mezzanine loan .

Huntington Business Credit provided a $40 million credit facility for TeleTracking Technologies and a $37.2 million facility for Laminate Technologies.

Varagon Capital Partners is serving as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support the acquisition of AIM MRO by AE Industrial Partners.

The American Bankruptcy Institutes reported commercial Chapter 11 filings decreased 32% in November 2019 over November of last year, according to data provided by Epiq Systems.

LOGISTEC has successfully renegotiated its four-year revolving credit facility, increasing the amount to C$300 million ($228 million), with an option to increase the total amount to C$400 million ($303 million).

Ulrich Payne, an offshore and onshore litigator, will be joining Kobre & Kim as a partner in its Cayman Islands office.

Newbridge Global Sourcing provided a $40 million receivables financing facility to a telecommunications equipment manufacturer and $500,000 in supply chain financing to an outdoor apparel designer.

InterNex Capital Provided a $500,000 credit facility to an Arizona-based commercial printer.

Chesapeake Energy has engaged JPMorgan Chase Bank, Morgan Stanley Bank, Bank of America, and MUFG Bank to arrange a secured first lien last out 4.5-year term loan facility in the aggregate principal amount of up to $1.5 billion.

The executive committee of the American Bankruptcy Institute’s (ABI) board of directors has selected ABI Deputy Executive Director Amy Alcoke Quackenboss to succeed Samuel J. Gerdano as ABI Executive Director.