News

Amerisource Business Capital provided a $3.5 million credit facility to a specialty manufacturing company based in New York.

Sanchez Energy and certain of its subsidiaries have voluntarily filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas.

A Louisiana grand jury charged Giles Casse for filing false statements to obtain a government insured loan. He was also indicated for defrauding three U.S. banks for $6 million.

The SEC voted to propose rule amendments to modernize the description of business, legal proceedings, and risk factor disclosures that registrants are required to make pursuant to Regulation S-K.

Melanie S. Cibik has been appointed to Opus Bank’s board of directors. Concurrently, director Mark E. Schaffer voluntarily resigned from the board in accordance with the board’s retirement policy.

First Business Capital closed a $6.1 million credit facility for a commercial door manufacturer located in Wisconsin.

Amerisource Business Capital closed a $5 million credit facility for a manufacturing company based in Texas.

Wells Fargo Capital Finance acted as administrative agent, lead arranger and book runner for an $825 million asset-based credit facility in connection with the acquisition of Barnes & Noble by Elliott Advisors (UK).

Reuters reported three equity investors behind the £5.91 billion ($7.49 billion) take-private buyout of UK theme park and attraction operator Merlin Entertainments are also underwriting about £1.66 billion ($1.93 billion) equivalent debt.

Bloomberg reported that food delivery service DoorDash is arranging a $400 credit facility led by JPMorgan ahead of its upcoming IPO.