News

Alterna Equity Partners completed a follow on $15 million preferred equity investment to its initial investment in Alterna Capital Solutions.

Digital Power Lending will begin offering loan services on its fintech portal DigitalPowerLending.com, and its other affiliated websites, and will begin brokering loans through various financial institutions beginning in Q3/20.

Asset Control, a financial data management company, and d-fine, a European consulting firm, launched an initiative to integrate d-fine’s quantitative analytics capabilities with Asset Control’s new market data warehouse.

The FFIEC highlighted potential risks from the transition away from LIBOR and encouraged supervised institutions to continue their efforts to transition to alternative reference rates.

A Haynes and Boone team represented Capitol Peak Partners in its winning joint bid with KKR to acquire Borden Dairy as a part of the milk producer’s 363 sales process to sell its assets out of bankruptcy.

Audax Private Debt, as joint lead arranger and joint bookrunner, provided a senior secured credit facility to support The Carlyle Group’s acquisition of Unison.

Utica Leaseco completed one transaction totaling $11.3 million. The refinance was secured by machinery and equipment to an agricultural company located in Michigan.

Hornbeck Offshore Services’ joint prepackaged Chapter 11 plan of reorganization was approved by Judge David R. Jones of the United States District Court for the Southern District of Texas.

Diligent introduced Modern Leadership, an initiative to provide senior leaders with the resources, insights, partnerships, and technology they need to further catalyze diversity in their organizations and modernize governance.

Tiger Group, Aaron Equipment, Rosen Systems and Perry Videx sold more than 95% of assets in a recent online auction of bankrupt ECS Refining’s former multi-medium recycling plant in Stockton, CA.