News

YRC Worldwide has completed a refinancing of its term loan obligations and entered into a term loan agreement with funds managed by affiliates of Apollo Global Management.

A survey conducted by Grant Thornton revealed that American businesses do not plan on treading water when the next recession hits.

James V. Drew has joined Katten’s New York office as a partner in its Insolvency and Restructuring practice.

B. Riley Financial promoted Dan Shribman to chief investment officer.

Antares closed more than 35 healthcare industry transactions year-to-date, bringing total commitments to healthcare borrowers to more than $3.5 billion.

Pacific Mercantile Bank has provided a $4.5 million credit facility to BTG Textiles.

Todd W. Eckland has joined Bracewell’s New York office as a partner in the corporate and securities group.

CIT Group’s Healthcare Finance business served as sole lead arranger on a $27.2 million loan to support the refinancing of two Texas assisted living facilities.

T2 Biosystems has restructured its term loan agreement with CRG Servicing.

NXT Capital closed a $220 million senior secured credit facility to support New Mountain Capital’s acquisition of Ontario Systems.