News

Amerisource Business Capital closed and funded a $9 million ABL credit facility for a transportation company in the Midwest.

Antares Capital served as administrative agent and lead arranger on a senior secured credit facility to support Sentinel Capital Partners’ acquisition of UBEO._x000D_ _x000D_

Michelin terminated its previously announced credit facility with Morgan Stanley to support the acquisition of Fenner and entered into a new commitment with Credit Agricole. _x000D_ _x000D_ _x000D_

Deloitte Corporate Finance acted as exclusive financial advisor to Louisville, KY-based Donan Solutions on its divestiture of HVAC Forensics to Consolidated Claims Group.

Utica Leaseco completed the funding of a $900,000 capital lease for a Florida-based tour company.

Nicholas Financial amended its existing credit facility which, among other changes, extended the maturity date to March 31, 2019 and adjusted the availability of funds thereunder.

According to a Reuters report, nine banks are facing losses on loan and bond financing backing the buyout by a private equity firm of American Greetings.

Tiger Capital Group and Great American Group will supervise the closing and liquidation of six Island Pacific Supermarkets stores in California.

Cinemark Holdings amended its credit agreement, with Barclays Bank serving as administrative agent on the transaction.

VER filed voluntary petitions for reorganization under Chapter 11 to facilitate its merger with Production Resource Group. GSO Capital Partners and other lenders pledged up to $364.7 million in DIP financing to support the restructuring.