Webster Bank Leads Closing of $135MM Credit Facility for Cabium Learning
Webster Bank acted as joint lead arranger for the Cambium Learning Group’s new $135 million credit facility.
Webster Bank acted as joint lead arranger for the Cambium Learning Group’s new $135 million credit facility.
Capital One has completed its acquisition of GE Capital’s Healthcare Financial Services lending business.
Sanchez Energy announced the borrowing base under its revolving credit facility was changed from $550 million to $500 million. Royal Bank of Canada served as administrative agent.
Capital One said it provided a secured term loan and revolver to Partners Pharmacy Services.
Capital One expanded its commercial banking presence in Philadelphia with the appointment of two new executives to the Commercial Banking Team.
PennantPark Floating Rate Capital increased the size of its credit facility from $290 million to $350 million. SunTrust Robinson Humphrey and Capital One arranged the transaction.
GE Capital has signed nearly $95 billion in deals to reduce its size as of the end of Q3/15. Since the company’s announcement in April, GE Capital assets have attracted interests from Blackstone, Wells Fargo, BMO, BNP/Arval and other top financial institutions.
Small business owners are feeling less optimistic about the economy and growth compared to earlier this year, according to Capital One’s Spark Business Barometer.
Regional Management said it has amended its senior revolver receiving an increase to $538 million from its previous amount of $500 million. Bank of America serves as administrative agent for a syndicate of lenders.
IronPlanet closed a new $55 million senior secured credit facility with a syndicate of lenders led by SunTrust Bank as administrative agent.