News

According to recent SEC filings, Cat Financial has issued a series of fixed and floating rate medium term notes totaling $2 billion.

JPMorgan and Barclays are leading $5 billion in debt financing to support Walmart’s investment in India’s Flipkart e-commerce group.

Essent Group increased its existing credit facility to $500 million from $375 million. JPMorgan served as administrative agent on the transaction.

MACOM Technology Solutions amended its existing revolving credit facility with the lenders party thereto and administrative agent Goldman Sachs. _x000D_ _x000D_

Maranon Capital closed its third collateralized loan obligation (CLO), Maranon Loan Funding 2018-1. The $625 million middle-market CLO was arranged by Wells Fargo Securities.

Model N refinanced its credit facility with Wells Fargo. The current facility includes a $50 million term loan and a $5 million revolving credit facility.

The Securities and Exchange Commission named Jessica Kane director of the agency’s Office of Credit Ratings, where she has served as acting director since September 2017.

Antares Capital’s survey of middle market dealmakers reveals confidence in the U.S. economy continues to ride high, although concerns loom around trade tension and the business cycle._x000D_ _x000D_ _x000D_

OnDeck reported a Q1/18 net loss of $1.9 million, which was down from a net loss of $11.1 million in Q1/17 as provision charges were $9.9 million lower compared to a year earlier.

Gibraltar Business Capital closed three asset-based loans for a variety of organizations to meet their unique business needs._x000D_ _x000D_