Southern Theatres Acquires Movie Tavern
Southern Theatres announced that it acquired Movie Tavern. GE Capital, Webster Bank, Capital One and CIT are providing financing for the transaction.
Southern Theatres announced that it acquired Movie Tavern. GE Capital, Webster Bank, Capital One and CIT are providing financing for the transaction.
Capital One said it appointed Joseph Nastri as market executive and Marcy Dean as SVP to its Middle Market lending team in New York. Nastri previously served with JPMorgan Chase and Dean with CIT.
Capital One announced the appointment of Mark Loughmiller as East Texas Area president. Loughmiller will continue to serve as SVP and business banking market executive for Northeast and East Texas and North and Central Louisiana.
Capital One Bank provided $84 million in loan commitments for Bay Area Regional Medical Center. The financing consisted of a $14 million asset-based revolver and a $70 million construction loan.
Capital Access Network added $165 million to its line of credit from a syndicate of financial institutions, now including Capital One, Amalgamated Bank, Regions Bank, Capital Source and AloStar.
The SEC said it has charged Capital One and two senior executives for understating millions of dollars in auto loan losses incurred during the months leading into the financial crisis.
Capital One said it has increased its lending activity in the U.S. security industry in H2/12 as its Commercial and Specialty Finance Security team closed six transactions, representing more than $100 million in commitments.
Robert M. Stuart, Jr., head of middle-market commercial banking and Louisiana state president for Capital One Bank, has been selected for induction into the LSU E. J. Ourso College of Business Hall of Distinction.
Capital One Bank arranged a $168.8 million term loan for a healthcare real estate entity to facilitate the acquisition of the property underlying 25 skilled nursing facilities. Capital One Bank acted as the lead agent on the financing, providing a $63.8 million secured term loan.