News

National Bank of Canada led a banking syndicate on a $75 million upsize to Park Lawn’s financing arrangement, increasing the borrowing capacity from $150 million to $225 million.

TAB Bank provided a $1 million revolving credit facility to a frozen foods company based in California.

Hercules Capital Funding Trust 2019-1, an indirect subsidiary of Hercules Capital, issued $250 million in class A notes rated A(sf) by KBRA, backed by approximately $357.2 million of senior secured loans.

Bank of America, JPMorgan Chase Bank, Barclays Bank and Citigroup Global Markets signed a commitment letter to provide $5.5 billion in senior secured super-priority DIP credit facilities to support PG&E through its bankruptcy process.

Law firm Hogan Lovells named John Duke office managing partner of its Philadelphia office.

Spectre Cargo Solutions, through its Irish affiliate NGF Genesis, closed its first round of a long-term senior debt facility led by Erste Bank.

Hogan Lovells named Chris Donoho practice area leader for the firm’s global Business Restructuring and Insolvency practice. Donoho succeeds Stephen Foster of the London office.

Jeff Stute joined independent advisory firm Perella Weinberg Partners as a partner in its Advisory business in New York. In his new role, Stute will work closely with the global healthcare team.

Amanda Rose Martin joined the McDonald Hopkins Cleveland office as an associate in the Data Privacy and Cybersecurity Practice Group in the firm's Litigation Department.

Accounting and consulting firm Stephano Slack promoted Ryan May and Matthew Kardish to the position of senior accountant.