News

Golub Capital BDC reported the financial results for its second fiscal quarter ended March 31, 2019, which included total investment income of $41.8 million, as compared to $39.4 million for the quarter ending December 31, 2018.

Bitcoin.com and Cred, a provider of crypto borrowing and lending, entered into a partnership that will allow Bitcoin.com customers to earn up to 10% of interest on their Bitcoin and Bitcoin Cash.

Twin Brook Capital Partners served as administrative agent on financing to support Gridiron Capital’s leveraged buyout of Jacent Strategic Merchandising, a provider of impulse merchandising to retail and e-commerce stores.

Sungard Availability Services successfully emerged from its “prepackaged” Chapter 11 restructuring. Cortland Capital Market Services agented on a DIP facility in the aggregate amount of $100 million to support the company’s restructuring.

SG Credit Partners provided a $2 million second lien growth capital loan to a founder-owned staffing company which provides a full suite of employment solutions to IT, life sciences, and business services clients.

Antares Capital, Bain Capital, First Eagle Investment Management, and Varagon Capital agreed to provide debt financing to Wind Point Partners’ acquisition of A&R Logistics.

Business Capital structured and delivered an $8 million asset-based credit facility to a full-service supplier of snack foods and general merchandise throughout the U.S.

A Texas-based small business selling housewares and furniture to boutiques across the Southeast U.S. secured a $200,000 import finance facility from TradeCap Partners.

CapitalNOW funded a $250,000 facility for a concrete and contracting company located in Edmonton, AB.

Glasgow-based Startline Motor Finance has received a £325 million ($423 million) credit facility from investment bank J.P. Morgan.