News

HSBC provided a £15 million ($19.768 million) revolving credit facility to help support St Austell Brewery’s ambitious acquisition strategy and grow the company’s pub estate.

Aegis Business Credit completed three revolving lines of credit totaling $8 million.

The Wall Street Journal reported Authentic Brands Group won a bidding war with shoe retailer DSW for the intellectual property of Nine West, offering up a bid of $340 million.

In its 2018 midyear outlook, the Wells Fargo Investment Institute makes the case the economic recovery, which coincides with the equity bull market, has more room to run.

Harsco amended its existing senior secured credit facilities, increasing the amount of its revolving credit commitments by $100 million to $500 million.

iPass, a provider of global mobile connectivity, finalized a senior secured credit facility of up to $20 million from affiliates of funds managed by affiliates of Fortress Investment Group.

Austin Financial Services closed a $1.25 million ABL facility for a Midwest company which manufactures and assembles fuel injection systems to OEM’s and aftermarket dealers worldwide.

Avaya repriced its $2.918 billion senior secured term loan. The repricing was led by JPMorgan and Goldman Sachs as joint lead bookrunners and arrangers.

Perry Ellis International entered into a definitive merger agreement with a newly formed entity controlled by George Feldenkreis, Perry Ellis’ founder and member of the company’s board of directors. Wells Fargo and Fortress Credit Advisors are providing financing for the...

The Federal Reserve Board approved a rule to prevent concentrations of risk between large banking organizations and their counterparties from undermining financial stability.