News

GCP Applied Technologies increased the aggregate principal amount of its revolving credit facility to $350 million. Deutsche Bank, New York Branch acted as both administrative and collateral agent on the transaction.

White Oak Group acted as exclusive financial advisor in the sale of Tri Mechanical to Industrial Machinery Sales & Services._x000D_ _x000D_ _x000D_ _x000D_

Law firm Greenberg Traurig added J. Gregory Milmoe to its Boston and New York offices as a shareholder in the firm’s Restructuring and Bankruptcy practice.

Horizon Credit II, the subsidiary of specialty finance company Horizon Technology Finance, amended its syndicated revolving credit facility led by KeyBank.

Tenneco signed a definitive agreement to acquire Federal-Mogul from Icahn Enterprises. After closing, Tenneco will split the businesses into two public companies. JPMorgan and Barclays provided $4.9 billion of debt financing to support the transaction.

US Capital Partners provided a $70 million revolving line of credit and a $10 million term loan to a wholesale distributor of perfumes and fragrances in the U.S.

Gordon Brothers expanded its presence in Australia with the opening of a Melbourne office led by Fenton Healy, a 20-year industry veteran.

An investor group led by Francisco Partners agreed to acquire Verifone for approximately $3.4 billion, including Verifone’s net debt. Credit Suisse, Barclays and Royal Bank of Canada will provide debt financing to support the transaction.

Financial services company First Foundation amended its loan agreement with Texas-based NexBank.

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of TPC Training and JADE Learning by private equity sponsor Frontenac. _x000D_ _x000D_