News

ICF International amended its credit facility with PNC Bank as administrative action.

AVI Global Trust has extended its JPY4. billion ($38 million) revolving credit facility with Scotiabank Europe, effective immediately.

Bear Creek Mining arranged a $400 million senior secured credit facility with BNP Paribas and Société Générale.

Sunnova Energy International amended its credit facility with Credit Suisse, New York Branch, as administrative agent.

iClick Interactive Asia Group has entered into a credit facility of more than $30 million with HSBC across working capital and general corporate support.

The Wall Street Journal reported that the SEC proposed a plan allowing startups and small companies to raise more money from investors when they opt for light-touch fundraising methods.

Vanessa G. Tanaka has joined Blank Rome as a partner in the Finance, Restructuring, and Bankruptcy group in the Chicago office.

Old Hill has provided a $6 million revolving facility to a company focused on lending to small and medium-sized buyers of portfolios of charged-off consumer debt.

MidFirst Business Credit has provided $16 million in working capital and term facilities to Principal Manufacturing Corporation.

The Federal Reserve Open Market Committee decided to lower the target range for the federal funds rate by half a percentage point, to a rate of 1% to 1.25%.