BlackRock Capital Investment Corporation entered into an amendment to its $265 million senior secured revolving credit agreement. According to an 8K filed with the SEC, Citibank is the administrative agent for the facility.
Callodine Group agreed to acquire Gordon Brothers Finance Company. As a result, Gordon Brothers Finance Company changed its name to Callodine Commercial Finance. The acquisition is being funded in part by financing from KKR, East Asset Management and Axar Capital Management.
BlackRock appointed Nik Singhal president and Abby Miller CFO and treasurer. Singhal previously served at HBK and was a vice president at Lehman Brothers. Miller was an executive director at Rabobank and also served at Fortress and MUFG.