MidCap Financial replaced Citibank as the collateral agent and administrative agent for the amended 2016 revolving credit agreement of Revlon Consumer Products. MidCap Financial and Apollo affiliates provided the $270 million tranche A revolving credit facility as tranche A revolving lenders.
Apollo announced that funds managed by its affiliates formed a joint venture with Altius Minerals Corporation, a subsidiary of Altius Renewable Royalties, to accelerate the growth of Great Bay Renewables, an Altius subsidiary and provider of renewable energy development capital.
SourceHOV, Novitex Holdings and Quinpario Acquisition will combine to create Excela Technologies, an industry-solutions provider for financial technology and business services. Royal Bank of Canada and Credit Suisse will provide debt financing to support the merger.