News

The Federal Reserve Open Market Committee met yesterday and determined that because of the strong labor market and solid economic activity, the interest rate will remain the same._x000D_ _x000D_

iHeartMedia emerged from Chapter 11 and completed its restructuring process, significantly reducing debt from $16.1 billion to $5.75 billion.

Boeing secured a $1.5 billion credit line as a financial precaution while the company’s 737 Max sales remain on hold.

Golub Capital served as administrative agent, joint lead arranger and joint bookrunner for senior credit facilities to support the buyout of Aptean by TA Associates and Vista Equity Partners. _x000D_ _x000D_

LBC Credit Partners provided a term loan to BioMatrix Specialty Pharmacy to refinance existing debt and to support an add-on acquisition. _x000D_ _x000D_

Comvest Credit Partners acted as administrative agent and sole lender on a $60 million senior credit facility for Beyond Finance.

Briar Capital has moved from accounts receivable and inventory financing to focus exclusively on owner-occupied, commercial real estate financing._x000D_ _x000D_

Citizens Commercial Banking led a senior secured asset-based revolving credit facility for Kane Is Able. _x000D_ _x000D_

Nathan A. Schultz joined global law firm Goodwin’s Financial Restructuring practice as a partner in the San Francisco office.

CIT Group's Healthcare Finance business led a $425 million senior credit facility on behalf of AdaptHealth.