News

Weatherford International received approval from the U.S. Bankruptcy Court for the Southern District of Texas for access to up to $1.5 billion of DIP financing.

Scatec Solar and its partners have closed financing for the 54 MW Boguslav project. FMO, Green for Growth Fund and GIEK have signed credit agreements for the €38 million ($88 million) of non-recourse debt financing.

Metso and Outotec have agreed to merge, creating a leading company in process technology, equipment and services serving the minerals, metals and aggregates industries.

Coty amended its credit agreement, reducing the total commitments under the revolving credit facility from $500 million to $275 million. JPMorgan served as administrative agent for the transaction.

Kabbage closed a $200 million revolving credit facility to support its growth providing U.S. small businesses access to flexible, online funding.

Castleton Commodities closed two credit facilities totaling $2.775 billion. The facilities include a committed borrowing base facility and a committed unsecured revolving credit facility.

Willdan Group entered into a $200 million amended credit agreement that expands the company's available borrowing capacity.

LogicBio Therapeutics closed a $20 million secured debt facility with Oxford Finance and Horizon Technology Finance.

Jacksam closed a convertible debt financing with gross proceeds of $1,791,666. The financing was led by Merida Capital Partners and included certain institutional investors with a track record of investing in the cannabis industry.

CS Victims, a group of defrauded clients, charges, despite assurances to a Geneva Court, Credit Suisse has refused to return funds stolen from clients during a near $1 billion years-long fraud executed by one of its employees.