News

Gordon Brothers has appointed Marti Kopacz as chief development officer._x000D_ _x000D_

Amerisource Business Capital funded a $1 million revolving credit facility for a design and manufacturing company based in upstate New York.

Senzer received a credit facility of up to £50 million ($65 million) from Innovate UK, the UK Government-backed department that business that can demonstrate extraordinary innovation and potential to the UK economy.

Denmark-based Orsted has finalized plans to invest NT$165 billion (US$5.35 billion) in central Taiwan. Bank of Taiwan, Cathay United Bank and BNP Paribas are arranging a five-year revolving credit facility of NT$25 billion (US$810 million) to support the transaction.

Alan P. Smith has joined Hahn & Hahn’s Business Department as the firm expands to respond to increasing M&A activity. _x000D_ _x000D_

Frank Bazos is joining White Mountains Capital as executive vice president and head of M&A.

Los Angeles-based Lawrence Financial completed six transactions totaling more than $30 million in Q1/19.

The Federal Reserve Open Market Committee met yesterday and determined that because of the strong labor market and solid economic activity, the interest rate will remain the same._x000D_ _x000D_

iHeartMedia emerged from Chapter 11 and completed its restructuring process, significantly reducing debt from $16.1 billion to $5.75 billion.

Boeing secured a $1.5 billion credit line as a financial precaution while the company’s 737 Max sales remain on hold.