Avenue Capital Group Archives - ABFJournal

Press ESC key to close search

Epica Secures $18MM Growth Capital Credit Facility from Avenue Capital

Epica International, a global company in advanced medical imaging and precision robotics, closed an $18 million growth capital credit facility with Avenue Venture Opportunities Fund and Avenue Venture Opportunities Fund II, which are funds of Avenue Capital.

September 19, 2024 Avenue Capital | Avenue Capital Group | Avenue Venture Opportunities Fund | Avenue Venture Opportunities Fund II | Chad Norman | credit facility | Epica | Epica International | growth capital | Growth Capital Credit Facility | Joe Soto Brianna Wilson

CytoSorbents Secures $20MM Credit Facility from Avenue Capital Group

CytoSorbents entered into a new $20 million credit facility with Avenue Capital Group, including its Avenue Venture Opportunities Fund and Avenue Venture Opportunities Fund II, on June 28, 2024. Armentum Partners served as financial advisor to the company on the transaction.

July 5, 2024 Armentum Partners | Avenue Capital Group | Avenue Venture Opportunities Fund | Avenue Venture Opportunities Fund II | Chad Norman | credit facility | CytoSorbents | Kathleen Bloch Brianna Wilson

Avenue Capital Group Provides $40MM in Debt Financing to Beyond Air

Beyond Air, a commercial stage medical device and biopharmaceutical company, secured senior secured debt financing of up to $40 million from funds managed by Avenue Capital Group.

June 20, 2023 Avenue Capital Group | Beyond Air | Chad Norman | Steve Lisi Markiesha Thompson

Canyon Partners Provides $200MM Term Loan for NextWave

Canyon Partners provided NextWave with a $200 million senior secured first lien term loan facility. Proceeds from the facility will retire existing debt and provide operational funding and access to future capital.

January 7, 2021 Avenue Capital Group | Canyon Partners | Chair Chobor | Frank Cassou | Lowenstein Sandler | Moelis & Company | NextWave | Solus Alternative Asset Management Phil Neuffer

Avenue’s Schneider to Start Distressed Hedge Fund Firm

Bloomberg reported that Marc Schneider of Avenue Capital Group is planning to start his own hedge fund firm in an environment where investors are increasingly supplying capital in distressed strategies.

November 19, 2014 Avenue Capital Group ABF Journal

Avenue Capital Provides Debt to Support H.I.G. Acquisition

Avenue Capital Group announced it acted as sole lender and agent in connection with the debt financing of the acquisition of Freedom Finance Nordic by H.I.G. Europe

May 16, 2013 Avenue Capital Group | Avenue Capital Provides | Freedom Finance Nordic ABFJ News