News

Reuters reported that lending syndicates across China are paralyzed as borrowers and businesses assess damage created by the coronavirus

Bank of America served as administrative agent and collateral agent for the $256 million DIP revolver for Pier 1 Imports. Pathlight served as agent for the DIP term loan.

Broocks “Mack” Wilson has joined Blank Rome as an associate in the Finance, Restructuring, and Bankruptcy practice group. He is based in the firm’s Houston office.

Excellon Resources will acquire all the outstanding shares of Otis Gold.

Capital Now provided two credit facilities to clients for a total of $250,000.

Interfor has priced $50 million in long-term debt financing with Prudential Capital Group.

William (Bill) Kleibenstein has joined Heritage Global Valuations’ Machinery and Equipment valuation practice.

North Mill completed a $750,000 asset-based facility for West Haven CT-based Sylvan R. Shemitz Designs d/b/a The Lighting Quotient.

With acquisition financing provided by Tiger Capital Group, the brand-investment platform Go Global Retail has completed its purchase of digitally native fashion retailer ModCloth from Walmart Stores._x000D_

AJ Walter Aviation closed a $70 million senior secured credit facility with Wells Fargo Capital Finance (UK) as lead bank and Shawbrook Bank as participant.