Barclays Archives - ABFJournal

Barclays Appoints Oberle and Vignon to Financial Sponsors Group

Barclays appointed Christian Oberle head of its financial sponsors group in the Americas and Tom Vignon managing director and senior member of its financial sponsors group in the Europe, Middle East and Africa region.

September 18, 2023 Barclays | Christian Oberle | JF Astier | Tom Vignon Ian Koplin

RBC Leads $425MM Senior Secured Revolving Credit Facility with Prime Healthcare Services

Prime Healthcare Services closed a $425 million senior secured revolving credit facility with Royal Bank of Canada (RBC) as lead arranger, bookrunner and sole administrative. Due to strong lender support, the credit facility is expected to be upsized to $450 million in early September.

Barclays Appoints Chan and Taylor to Senior Leadership Roles within Technology Investment Banking Team

Barclays appointed Emma Taylor global head of internet coverage and Carmen Chan managing director of internet coverage within its technology investment banking business.

August 28, 2023 Barclays | Carmen Chan | Emma Taylor Ian Koplin

Barclays Appoints New Senior Hires for Sustainable and Impact Investing Team

Barclays added three new senior hires for its corporate and investment bank, adding Arnoud Boksteijn, Cindy Quan and Bogdan Oprea to its sustainable and impact investing team.

Barclays Appoints Birchenough Co-Head of Global Biopharma Investment Banking

Barclays appointed Dr. Jim Birchenough, MD, chairman of global healthcare investment banking and co-head of global biopharma investment banking, based in San Francisco.

July 10, 2023 Alexis de Rosnay | Barclays | Jim Birchenough | Rick Landgarten Ian Koplin

Ares Management Acquires $3.5B Lender Finance Portfolio from PacWest

Ares Management completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp. Barclays provided exclusive financing to Ares on the transaction.

Bank of America Amends and Extends Cleveland-Cliffs’ ABL Facility

Cleveland-Cliffs amended and extended its asset-based lending credit facility. The amendment extends the maturity date of the facility to June 9, 2028, and transitions the benchmark interest rate from LIBOR to SOFR. BofA Securities served as lead arranger for the ABL facility.

Barclays Leads Expansion of ProPetro’s ABL Facility to $225MM

ProPetro extended its existing asset-based loan facility to a new five-year term and expanded its commitments from $150 million to $225 million. Barclays will continue to serve as the agent of the amended ABL along with other participants, including JPMorgan Chase, Bank of America and Goldman Sachs.

Blackstone Completes Acquisition of Copeland, Formerly Emerson Climate Technologies

Blackstone completed the acquisition of a majority stake in Emerson’s climate technologies business in a transaction valuing the business at $14 billion. The new standalone business will be named Copeland.

J.P. Morgan and Barclays Provide $110MM in Credit Facilities for wefox

wefox, a Berlin-based insurtech company, secured a $55 million credit facility from J.P. Morgan and Barclays alongside a $55 million second close in its Series D financing at a $4.5 billion valuation from existing investors and new investors, including Squarepoint.

May 19, 2023 Barclays | Fabian Wesemann | J.P. Morgan | Julian Teicke | wefox Ian Koplin

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