Carver Bancorp and Bank of America Close Social Impact Credit Facility with BlackRock
Carver Bancorp and Bank of America closed a senior secured social impact revolving credit facility with BlackRock’s alternative solutions group.
Carver Bancorp and Bank of America closed a senior secured social impact revolving credit facility with BlackRock’s alternative solutions group.
Reuters reported three equity investors behind the £5.91 billion ($7.49 billion) take-private buyout of UK theme park and attraction operator Merlin Entertainments are also underwriting about £1.66 billion ($1.93 billion) equivalent debt.
Monroe Capital acted as administrative agent on the funding of a $260 million senior credit facility to support the acquisition of Dude Solutions by Clearlake Capital Group.
Newtek Business Services closed a $100 million senior-secured revolving credit facility with Deutsche Bank.
Wells Fargo and a group of institutional investors, including funds affiliated with BlackRock and PIMCO, reached a settlement that resolves two class action lawsuits.
A fund managed by an investment advisor subsidiary of BlackRock joined OnDeck’s platform of financing partners as a committed source of capital to fund small business loan growth.
Alterra Power completed its $287 million financing for the Flat Top wind project in Texas with affiliates of Citi, Santander and Royal Bank of Canada.
Asset manager BlackRock will be turning to robots to make investment decisions, slicing customer fees and overhauling senior management.
Quizam Media announced that BlackRock Multi-Sector Income Trust completed a credit financing for Aviron Pictures, a new motion picture distribution company headquartered in Beverly Hills, CA.