News

Bloomberg reported that Boeing has approached a group of banks about a potential loan to try to regain its footing following the 737 Max groundings.

NXT Capital closed a $47 million loan to finance Shoreline Equity Partners’ recapitalization of Mr. Greens.

Direct lending rising star Anthony Kay has joined Orrick as a partner in London.

Internex Capital completed five transactions to new clients and upsized facilities to four existing clients for a total of $8.67 million.

Abacus Finance Group served as administrative agent and lead arranger for $15 million in senior secured credit facilities to support the recapitalization of Specialty Appliances by Five Points Capital.

Varagon Capital Partners is serving as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support the recapitalization of PromptCare by The Halifax Group.

CVC Credit Partners has provided a unitranche loan and a dedicated acquisition facility to Sabio, a customer experience solutions provider and managed services business, backed by Horizon Capital.

Amerisource Business Capital closed a $1 million revolving credit facility for a wind farm maintenance company based in Colorado.

Tom Scampion has joined AlixPartners as a managing director in the firm’s EMEA Investigations & Compliance Services team.

Accounts managed by affiliates of Apollo Global Management provided term loan commitments in an aggregate principal amount of $800 million under a new credit facility to New Fortress Energy.