News

Capital One’s Healthcare Corporate Finance group was once again the No. 1 lead arranger, measured by number of deals, for healthcare leveraged loans up to $1 billion, according to Refinitv.

David Beller joined law firm Latham & Watkins as a partner in the Corporate Department and member of the Mergers & Acquisitions and Private Equity Practices in the New York office.

Twin Brook Capital Partners, Angelo Gordon’s middle-market direct lending subsidiary, has, since 2014, committed over $2 billion to private equity sponsors in support of middle market healthcare sector transactions.

Bristol-Myers Squibb agreed to acquire biopharmaceutical company Celgene in a $74 billion cash and stock transaction. Morgan Stanley Senior Funding and MUFG Bank will provide the debt financing to support the transaction.

Specialty finance company Hercules Capital completed its fourth quarter review for 2018, ending the year with total new investment commitments in excess of $1.21 billion.

SunTrust Bank acted as administrative agent, issuing bank and swingline lender on an amendment to Healthstream’s revolving credit facility, extending the maturity date to November 24, 2020.

Law firm Jones Walker elected five new partners in New Orleans: special counsel attorneys Meghan E. Smith and Christopher M. Wappel and associates Luke Falgoust, Tyler J. Rench and Graham H. Ryan.

Overall, American small business owners are approaching 2019 with economic optimism and increased confidence, according to a survey from small business financing company Guidant Financial and online credit marketplace LendingClub.

Business advisory firm FTI Consulting promoted 10 professionals to senior managing director within the firm’s Corporate Finance & Restructuring segment.

Sidley Austin hired Steven Kolyer as a partner in its Global Finance practice in New York.