News

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.

Medalist Partners closed its Opportunity Fund II with $308 million of capital commitments, exceeding its target and significantly above its previous vintage.