News

FTI Consulting amended and restated its $550 million revolver. Bank of America Merrill Lynch, JPMorgan Chase Bank and HSBC Securities acted as joint lead arrangers on the transaction.

Duane Morris named partners James J. Holman and Meagen E. Leary as co-chairs of the Business Reorganization and Financial Restructuring Practice Group.

Abacus Finance served as administrative agent and sole lender on $17 million in debt financing to support of Altus Capital Partners’ leveraged buyout of ChoiceSpine.

Fifth Third Bank acted as administrative agent, lender and L/C issuer on an amendment to Limbach Holdings’ revolving credit facility, reducing the lenders’ commitments from $25 million to $22.5 million.

Hayfin Capital Management provided debt financing to support Crown Laboratories and Hildred Capital Partners’ acquisition of North American distribution rights of five OTC consumer brands from GlaxoSmithKline.

Varagon Capital Partners served as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support TPG Growth’s acquisition of Q-Centrix.

Utica Leaseco completed two transactions totaling $3 million during the last week of November 2018.

The Wall Street Journal reported that the Senate introduced a new bipartisan bill aimed at making it easier for small businesses to take advantage of and use the bankruptcy process.

At Home Group amended its existing senior secured term loan facility with Bank of America as both administrative and collateral agent. The amendment increases the borrowings by $50 million, bringing the total loan amount to $339.5 million.

Barnes & Thornburg added James Van Horn as a partner in the firm’s Finance, Insolvency and Restructuring Department in Washington, D.C.