News

FTI Consulting has appointed Tensie Axton as a senior managing director in the Turnaround & Restructuring Services practice within the Corporate Finance & Restructuring segment._x000D_ _x000D_

The Healthcare Finance and Capital Markets Divisions of People's United Bank served as lead arranger and administrative agent for an $80 million senior secured credit facility to Invesque.

_x000D_ Sarbajeet Nag will join Milbank’s London office as a partner in the European Leveraged Finance & Capital Markets Group. _x000D_ _x000D_

Landsvirkjun has signed a new $150 million multi-currency revolving credit facility without a guarantee of collection.

Amerisource Business Capital closed a $3 million credit facility for a transportation company based in Colorado.

The Philadelphia Inquirer reported that WSFS, the largest Philadelphia—based bank, faces millions in losses from bad loans to an oil refinery and a nursing home operator._x000D_

Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility in support of Equity Group Investments’ partnership with Lanter Delivery Systems._x000D_ _x000D_

_x000D_ Antares served as a lead arranger and is acting as administrative agent for a senior secured credit facility to refinance existing debt and provide additional debt financing for New Mountain Capital’s Gelest._x000D_ _x000D_ _x000D_ _x000D_

Avidbank Specialty Finance provided Envoy Group with combined credit facilities of $5.5 million to provide working capital.

Obalon Therapeutics reduced its outstanding debt under a facility with Pacific Western Bank from $20 million to $5 million.