WebBank partnered with Synovus Bank’s specialty finance division to provide an additional commitment for an asset-based revolving credit facility for AB Private Credit Investors. The additional commitment upsized the original facility from $100 million to $150 million.
AllianceBernstein, an investment manager, closed AB BSL CLO 2, a $400 million collateralized loan obligation, with JPMorgan Chase acting as lead arranger.
AllianceBernstein (AB), a global investment management firm, has completed its acquisition of Autonomous Research. AB announced its intention to acquire Autonomous on November 20, 2018. Autonomous is a well-known and highly regarded global financial services and fintech focused institutional research firm.
All American Oil & Gas entered into a $50 million second lien term loan facility with AB Private Credit Investors to refinance debt and fund reserve development in the Kern River Oil Field.
TowerPoint Capital entered into an agreement with AllianceBernstein Private Credit Investors to facilitate its ongoing acquisition of high quality assets and accumulate diversified portfolios.
Bloomberg reported that AllianceBernstein Holding has hired a team from a Barclays unit that was divested last year to start a middle-market lending business.