News

The Wall Street Journal reported that U.S. stock market experienced its worst day on record since 1987 despite a move by the Federal Reserve to add $1.5 trillion to the market to curb “ominous” market activity.

Foresight Energy and all of its subsidiaries entered into a restructuring support agreement with ad hoc lender groups holding more than 73% of the approximately $1.4 billion in claims under each of Foresight Energy’s first lien credit agreement and second...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Shaw Development by private equity sponsor Monomoy Capital Partners. _x000D_

Citibank acted as sole structuring agent for Atlas, which closed its $285 million senior secured financing on behalf of its wholly owned subsidiary, APR Energy.

Kevin M. Jacobs joined Alvarez & Marshal in Washington, D.C., as managing director and leader of the practice.

In the second half of February, Crestmark secured a total of $10,450,000 in asset-based lending financial solutions for five new clients. In addition, Crestmark Equipment Finance provided $15,950,106 in nine new lease transactions, Crestmark Vendor Finance provided $4,247,630 in 46...

AP Equipment Financing has closed a $110 million line of credit with the Lender Finance division of Wells Fargo Commercial Capital.

The Wall Street Journal reported the oil prices are in freefall and the markets are tumbling in the wake of the spread of the coronavirus.

36th Street Capital increased its expandable senior secured revolving credit facility to $170 million and extended the term to five years.

Equitable Bank acted as the sole lead arranger of a $60 million senior secured credit facility to support the recapitalization and growth of BridgePoint Financial Services.