News

Ulrich Payne, an offshore and onshore litigator, will be joining Kobre & Kim as a partner in its Cayman Islands office.

Newbridge Global Sourcing provided a $40 million receivables financing facility to a telecommunications equipment manufacturer and $500,000 in supply chain financing to an outdoor apparel designer.

InterNex Capital Provided a $500,000 credit facility to an Arizona-based commercial printer.

Chesapeake Energy has engaged JPMorgan Chase Bank, Morgan Stanley Bank, Bank of America, and MUFG Bank to arrange a secured first lien last out 4.5-year term loan facility in the aggregate principal amount of up to $1.5 billion.

The executive committee of the American Bankruptcy Institute’s (ABI) board of directors has selected ABI Deputy Executive Director Amy Alcoke Quackenboss to succeed Samuel J. Gerdano as ABI Executive Director.

Medalist Partners closed its Opportunity Fund II with $308 million of capital commitments, exceeding its target and significantly above its previous vintage.

SG Credit Partners provided a $1.5 million senior secured loan for a Saas company.

Concord Financial served as exclusive financial advisors and arranger for $20 million in senior debt for a jewelry retailer.

TAB Bank provided a $4 million asset-based revolving credit facility for a technology company based in Florida.

Santander acted as joint lead arranger and joint bookrunner for a $1.3 billion term loan B facility for WEX.