News

MidCap Financial Trust amended OHA Investment’s credit facility, extending the maturity date.

Ecopetrol plans to sign a contingent line of credit for $665 million with Scotiabank ($430 million) and Mizuho Bank ($235 million) as part of its integral debt management strategy.

ING Capital closed a $25 million credit facility with Ygrene, a provider of energy efficiency and resiliency financing.

Bloomberg reported the cryptocurrency market dropped to a 10-month low amid an SEC announcement of a temporary suspension of trading in Bitcoin Tracker One and Ether Tracker One.

Cenveo successfully completed its restructuring and Chapter 11 Plan of Reorganization and emerged from bankruptcy. Bank of America, among others, provided exit financing for the company.

Alejandra Garcia Early joined Greenberg Traurig's Chicago office as counsel in the Corporate Practice, where she will be part of the Institutional Private Placement Finance Team. _x000D_

Deloitte Corporate Finance acted as exclusive financial advisor to The Boardroom Salon Company in its majority recapitalization with private equity firm LightBay Capital.

Bluestar Alliance signed a letter of intent with specialty retailer Brookstone to acquire the brand assets of the company and to serve as a stalking horse bidder in Brookstone’s Chapter 11 restructuring.

Capitala Group led a $50 million unitranche credit facility to support the recapitalization of a management services provider to a large network of hospitals.

The Turnaround Management Association announced the winners of the 2018 Turnaround and Transaction of the Year Awards. TMA will honor 76 professionals during a special awards ceremony at the 2018 TMA Annual on Sept. 26-28 in Colorado Springs, CO.