News

TCF Capital Funding provided senior financing to support Power Grid Components' acquisition of Instrument Transformer Equipment.

Utica Leaseco completed a $600,000 capital lease for a Michigan-based farm during the week of April 9, 2018.

Wells Fargo reported preliminary Q1/18 earnings of $5.9 billion were up from $5.6 billion a year earlier. In a supplement, Wells Fargo said Q1 results could change to reflect accruals to cover CFPB/OCC matters.

SmartSand amended its credit agreement with Jefferies Finance as administrative agent, increasing the amount available under the facility from $45 million to $60 million.

White Oak Global Advisors partnered with C2FO, a market for working capital, to offer receivable financing options to C2FO’s network of businesses throughout the U.S.

Perella Weinberg Partners will open an office in Paris, its 12th location globally and second in Europe. David Azéma will lead the office.

Peabody Energy reduced the interest rate and extended the maturity of its senior secured term loan. Goldman Sachs Bank acted as administrative agent on the transaction.

Affiliates of investment firm CRG amended the credit facility for Omeros, a biopharmaceutical company focused on small-molecule and protein therapeutics.

Whiting Petroleum amended its credit agreement with JPMorgan as administrative agent, replacing the existing agreement with a $2.4 billion revolving credit facility.

Axalta Coating Systems Dutch Holding refinanced its credit facility with a $2.43 million term loan due June 2024. Barclays served as administrative agent for the transaction.