News

Fortress Transportation and Infrastructure Investors amended its existing credit agreement with JPMorgan Chase Bank as administrative agent, increasing the aggregate revolving commitments under the facility from $125 million to $250 million.

Merchant bank BDT Capital Partners has made a majority equity investment in equipment and accounts receivable finance company Commercial Credit.

New England Motor Freight voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey in Newark. Phoenix Management Services will serve as the company’s restructuring advisor through the...

Greenwich Associates presented People's United Bank with seven awards, including a Greenwich Best Brand – Trust award.

Although the U.S. Small Business Administration was closed for most of January because of the government shutdown, the percentage of SBA loan approvals dropped by just one percent in January at regional and community banks, according to Biz2Credit Small Business...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support Lovell Minnick Partners’ acquisition of ATTOM Data Solutions.

Middle market lending firm Capital Southwest supported Stone-Goff Partners’ recent investment in Danforth Advisors.

Twin Brook served as administrative agent on financing to support Highroad Capital Partners’ recapitalization of York Wallcoverings.

U.S. healthcare organizations stayed positive on the national economy, with 71% reporting optimism, yet industry performance optimism waned at 41% amid major industry changes, according to J.P. Morgan’s Healthcare Industry Outlook survey.

Mortgage loan originator and servicer Ditech entered into a restructuring support agreement with certain lenders holding more than 75% of the company’s term loans. To facilitate the RSA, Ditech filed voluntary petitions for reorganization under Chapter 11.