News

Wells Fargo reported Q3/18 net income of $6.01 billion was up 32% from $4.54 billion in Q3/17. The bank also noted YTD U.S. C&I Loan and Lease Financing yields of 4.08% and 4.82%, respectively were up from 3.70% and 4.78%...

Global law firm Ropes & Gray named Matthew Jacobson, an accomplished attorney with experience handling a full spectrum of buy- and sell-side M&A transactions, a partner in the firm's mergers and acquisitions practice._x000D_ _x000D_

Tailored Brands successfully repriced its $896 million senior secured term loan with J.P. Morgan as lead arranger and administrative agent.

ING Capital closed a $25 million credit facility with Petros PACE Finance, the leading Commercial Property Assessed Clean Energy lender in the U.S.

Los Angles-based Lawrence Financial Group completed transactions totaling $20 million in Q3/18.

TCF Capital Funding provided $24.5 million in secured financing to support Knox Capital Holdings in its refinancing of Stancor.

Tradewind closed a $10 million A/R financing facility for a China-based manufacturer of various parts for the automotive, high-speed rail and airplane industries.

The Wall Street Journal reported that Sears Holdings’ biggest lenders are pushing the retailer to liquidate its assets in a Chapter 7 bankruptcy filing.

Antares served as joint lead arranger and will act as administrative agent on a senior secured credit facility to support the acquisition of The Atlas Group by AE Industrial Partners._x000D_ _x000D_

CIT Group’s Maritime Finance unit served as sole lead arranger on a $15 million senior secured loan for MRC Maritime Holdings, a ship-owning entity controlled by a private New York City-based investment fund manager.