News

Bengal Energy amended its secured credit facility with Australia-based Westpac Institutional Bank. The amendment includes a 14 month deferral of all principal payments on the facility.

Ares Management completed its conversion to a corporation under Delaware law and changed its name from Ares Management, L.P. to Ares Management Corporation.

SunTrust Bank acted as administrative agent on an amendment to Midstates Petroleum’s senior secured credit agreement.

NanoString Technologies entered into an amended and restated loan and security agreement with Silicon Valley Bank, increasing the size of its revolving loan facility to $20 million.

Grant Thornton promoted Billy Moore from chief financial officer to a newly formed role as chairman of the firm’s Operating Committee. Grant Thornton veteran Sam Shaw will succeed Moore as CFO.

WhiteHorse Finance amended its existing credit facility with J.P. Morgan Chase.

Apollo Investment amended its senior secured revolving credit facility, with lender commitments upsized from $1.19 billion to $1.59 billion. JPMorgan Chase Bank served as administrative agent on the transaction.

Capital Now provided $1.35 million in credit facilities to seven clients located throughout Canada.

David's Bridal has implemented its previously announced restructuring support agreement by voluntarily filing for reorganization under Chapter 11 of the United States Bankruptcy Code in the District of Delaware.

Monroe Capital closed a $455.75 million term debt securitization known as Monroe Capital MML CLO VII. BNP Paribas served as the lead manager, structuring agent and bookrunner on the transaction.