Carlyle Global Credit led a $250 million refinancing in support of American Industrial Partners’ portfolio company The Carlstar Group.
Strike entered into an asset purchase agreement with American Industrial Partners and filed for a restructuring under Chapter 11. In connection with the proposed sale transaction, American Industrial Partners committed to provide $29 million in debtor-in-possession financing to Strike.
Platinum Equity entered into a definitive agreement to acquire Cabinetworks from American Industrial Partners, GIC and other equity holders. BofA Securities will lead debt financing to support the acquisition.