Morgan Stanley Senior Funding led debt financing to support the close of E.W. Scripps Company’s acquisition of ION Media Networks. In addition, BofA Securities, Truist Securities, J.P. Morgan and Wells Fargo acted as joint book runners on the debt financing.
Black Diamond Group completed a four-year secured asset-based revolving credit facility. The facility is expected to close within the next week and is subject to customary closing conditions.
Samsonite International said it has agreed to acquire Gregory Mountain Products from Black Diamond for $85.0 million. HSBC Bank USA was said to have led the syndicate that provided the financing by upsizing the company’s revolver.