Ardagh Investments Holdings Sarl, an unrestricted subsidiary of Ardagh Group, a supplier of recyclable metal and glass packaging, executed definitive documentation for a new senior secured credit facility with Apollo Capital Management.
Bird Global, a provider of eco-friendly electric transportation, and its subsidiary, Bird Rides, amended its existing $150 million vehicle financing credit facility with MidCap Financial Investment and MidCap Financial Trust (each managed or advised by Apollo Capital Management).
Percent, a capital markets platform, acquired the proprietary portfolio surveillance and risk management technology of MidCap Financial, a specialty finance firm managed by Apollo Capital Management. Financial terms of the deal have not been disclosed.
Thoma Bravo completed its acquisition of Medallia in an all-cash transaction valued at $6.4 billion. Blackstone Credit, certain funds managed by affiliates of Apollo Capital Management, KKR Credit, Thoma Bravo Credit and Antares Capital are providing the debt financing for the transaction.
Gannett is seeking to refinance its existing term loan under its senior secured credit facilities. The new senior secured term loan would be in a principal amount of up to $550 million and the lenders are anticipated to include funds managed by affiliates of Apollo Capital Management.
Hertz Global Holdings completed its Chapter 11 restructuring process and emerged from bankruptcy. Hertz received bankruptcy court approval of its plan of reorganization on June 10.
Hertz selected and approved a revised proposal from certain funds and accounts managed by affiliates of each of Knighthead Capital Management, Certares Opportunities and Apollo Capital Management (together with Knighthead and Certares, the KHCA group) to provide the equity capital required to fund Hertz’s revised plan of reorganization and exit from Chapter 11.
Hertz Global Holdings received a revised proposal from affiliates of Knighthead Capital Management, Certares Opportunities and Apollo Capital Management to provide equity capital required to fund Hertz’s exit from Chapter 11.
Athene, an affiliate of Apollo Capital Management, committed to provide Hertz Global Holdings a $4 billion asset-backed securitization short-term facility.
Bombardier closed a three-year $1 billion senior secured term loan facility with HPS Investment Partners, acting as administrative agent, collateral agent and the lead lender for a group including HPS Investment Partners, Apollo Capital Management and Ares Management.