Citi Provides $35MM Credit Facility to Social Mobile
Social Mobile, a provider of enterprise mobility solutions, secured a $35 million senior credit facility from Citi.
Social Mobile, a provider of enterprise mobility solutions, secured a $35 million senior credit facility from Citi.
BMO Financial Group entered into a definitive agreement to acquire Radicle Group, a Canadian provider of sustainability advisory services and solutions and technology-driven emissions measurement and management.
LiquidX, a global financial technology platform for digitization, monetization and risk mitigation for working capital, trade finance and insurance assets, finalized a strategic investment from Citi. The funding round was led by Broadridge, LiquidX’s largest strategic investor.
Versana plans to launch an industry-backed syndicated loan platform, joining together banks, institutional lenders and their service providers to bring transparency, efficiency and velocity to this $5 trillion market.
Voyager Aviation Holdings, an aircraft asset lessor and manager, closed a five-year, senior secured warehouse facility with an initial committed amount of $500 million. Citi is acting as the administrative agent and security trustee for the facility.
Iveco Group signed a €1.9 billion ($2.14 billion) syndicated facility with a syndicate of banks that includes BBVA, Barclays, BNP Paribas, BofA Securities, Citi, Deutsche Bank, Intesa Sanpaolo and Mediobanca – Banca di Credito Finanziario.
FaZe Clan, an esports and entertainment company, entered into a definitive merger agreement to combine with B. Riley Principal 150 Merger (BRPM), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial.
Nathan Sheets, Ph.D., will be returning to Citi as its new global chief economist, based in New York, overseeing the global economics team and leading research across all areas of economics. He will officially begin in the role in October.
Air Canada launched the syndication of a new senior secured term loan B and completed the syndication of a new senior secured revolving facility. JPMorgan Chase, Citi and TD Securities are acting as lead arrangers and active bookrunners for the senior secured credit facilities.
Jefferies Financial Group and Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking and SMBC Nikko Securities (collectively, SMBC Group) entered into an alliance to collaborate on future corporate and investment banking business opportunities.