News

Regional Management, a diversified consumer finance company, closed its first securitization backed by large loan receivables. The senior class of the securitization received an “AA” rating from DBRS.

JPMorgan Chase and Citizens Financial Group provided $390 million in new senior secured credit facilities to support Del Frisco’s Restaurant Group’s acquisition of Barteca Restaurant Group.

Celtic Capital provided a $1.342 million equipment loan to a Louisiana-based bulk materials producer that has operations in both Louisiana and Missouri.

Hilco Industrial and Hilco Receivables acquired the assets of the Edwards Brothers Malloy Printing Company. The deal was a joint venture between Hilco Global, The Branford Group and North East Printing Machinery.

Fintech lender LendingPoint increased its mezzanine financing to $52.5 million. Paragon Outcomes Management provided the funding.

In the wake of Harvey Gulf’s Chapter 11 filing, JPMorgan Chase acted as administrative agent on a $1.2 billion prepetition secured credit facility to support Harvey’s restructuring plan.

NXT Capital provided a $47.5 million senior secured credit facility to refinance existing debt and to support GPSTrackit’s add-on acquisition of InTouch GPS.

Jared Jensen joined Sidley Austin as a partner in its global Private Equity practice in San Francisco.

Essential Energy Services amended and restated its revolving secured credit facility agreement with a syndicate of lenders, including National Bank of Canada, ATB Financial and Canadian Western Bank.

Utica Leaseco completed two transactions totaling $5.5 million during the week of June 25th, 2018.