News

Capital Southwest provided a revolving line of credit, a first lien term loan, and made an equity co-investment to support Five Points Capital recapitalization of GrammaTech. _x000D_ _x000D_

Raymond James has hired experienced finance professional James Kim as managing director in the firm’s Health Care Investment Banking practice.

Austin Financial Services closed a $3 million ABL credit facility for a telecommunications company.

PNC Bank closed a $100 million revolving credit facility for Ferroglobe.

UMB Capital Finance, through Marquette Business Credit, closed asset based credit facilities for Midwest Quality Gloves and TJ Hale._x000D_ _x000D_

American Airlines entered into amendments to three credit agreements with Barclays, Citibank and Deutsche Bank as administrative agents_x000D_ _x000D_

The Wall Street Journal reported Hong Kong’s security regulators have charged UBS with misleading wealthy clients for a decade and fined the bank HK$400 ($51 million) and demanded HK$200 ($26) million in customer compensation.

CoreSite has extended its debt maturity profile and expanded its credit facility with total borrowing capacity of $1.15 billion, including all arrangements with its syndicate of banks.

RPT Realty amended its $660 million credit facility, an increase of $100 million over the company’s prior credit facilities

Delphi Energy has renewed the borrowing base of its senior credit facility led by Alberta Treasury Branches has been renewed at $80 million.