Owl Rock Capital Group and Dyal Capital Partners Execute Business Combination Agreement

Owl Rock Capital Group and the Dyal Capital Partners division of Neuberger Berman Group entered into a definitive business combination agreement with Altimar Acquisition Corporation to form Blue Owl Capital, an alternative asset management firm with more than $45 billion in assets under management.

December 28, 2020 Alan Kirshenbaum | alternative asset management | Altimar Acquisition Corporation | Ardea Partners | Blue Owl Capital | BofA Securities | CH Investment Partners | Citigroup | Craig Packer | Direct Lending | Doug Ostrover | Dyal Capital Partners | Evercore Group | Fried Frank Harris Shriver & Jacobson | George Walker | Goldman Sachs | HPS Investment Partners | ICONIQ Capital | J.P. Morgan Securities | Kirkland & Ellis | Koch Companies Defined Benefit Master Trust | Liberty Mutual Investments | Marc Lipschultz | Michael Rees | Neuberger Berman Group | Owl Rock Capital Group | Paul Weiss Rifkind Wharton & Garrison | Perella Weinberg Partners | Skadden Arps Slate Meagher & Flom | the Federated Hermes Kaufmann Funds | UBS Phil Neuffer

KPS Capital Agrees to Buy Garrett Motion in Chapter 11 Case, Citi to Arrange $250MM DIP

A syndicate of banks including Citi, UBS Investment Bank, Credit Suisse and BNP PARIBAS committed to provide exit financing to the KPS Capital stalking horse acquisition vehicle to acquire Garrett Motion in a recently filed Chapter 11 case.  

September 21, 2020 Citigroup | Garrett Motion | KPS Capital Partners Rita Garwood

Pacific Western Bank Hires Hall as EVP, Products & Partnerships

Taira Hall joined Pacific Western Bank as the executive vice president of products and partnerships. Hall previously worked at Visa Business Solutions, Citigroup and Deloitte Consulting.

April 17, 2020 Citigroup | Deloitte Consulting | Mark Yung | Pacific Western Bank | Taira Hall | Visa Business Solutions Phil Neuffer

Commerzbank, Danske Bank, ING Bank Supply $920.68MM Revolver to Securitas AB

Commerzbank, Danske Bank and ING Bank served as coordinating mandated lead arrangers and bookrunners on a new multi-currency revolving credit facility for Securitas AB in the amount of $920.68 million.

April 8, 2020 Banco Bilbao Vizcaya Argentaria | Citigroup | Commerzbank | Credit Industriel et Commercial | Danske Bank | ING Bank | KBC Bank | SEB | Securitas AB | UniCredit Phil Neuffer

Citigroup-Led Syndicate Arranges $280MM Term Loan for Harsco

As part of a syndicate of 14 banks, Citigroup served as a joint lead bookrunner and joint lead arranger for a new $280 term loan facility for Harsco Corporation.

April 1, 2020 Bank of America | Bank of the West | BMO Harris Bank | Citigroup | Fifth Third Bank | Goldman Sachs Bank | Harsco Corporation | HSBC Bank | ING Bank | KeyBank | Pete Minan | PNC Bank | Royal Bank of Canada | Santander Bank | The Huntington National Bank | Truist Bank Phil Neuffer

Citi, UniCredit, Other Arrange $11B Revolver for Volkswagen

Volkswagen closed a €10 billion ($11 billion) five-year revolving credit facility with Citigroup, Credit Agricole and UniCredit as arrangers and coordinators.

December 11, 2019 Citigroup | Credit Agricole | UniCredit | Volkswagen nadine

Barclays, Citigroup Lead $1.75B Refi for Maximus

Barclays Capital Real Estate and Citigroup Global Markets Realty completed a a $1.5 billion mortgage loan of San Francisco’s Parkmerced on behalf of owner Maximus Real Estate Partners. AIMCO provided a $275 million mezzanine loan .

December 9, 2019 AIMCO | Barclays | Citigroup | Greenberg Traurig nadine

21 Banks Close $2.2B Revolver for Groupe Casino

Groupe Casino signed a new €2 billion ($2.2 billion) revolving credit facility, which will mature in October 2023, as part of its refinancing plan. Twenty-five banks joined the syndicate.

November 19, 2019 ank of America Merrill Lynch | BNP Paribas | Bradesco | Citigroup | Credit Agricole CIB | Crédit Agricole Paris Ile de France | Credit Industriel et Commercial | Crédit Lyonnais | Credit Suisse | Goldman Sachs | Groupe Casino Groupe Casino | HSBC | ING | Itau BBA | JPMorgan | La Banque Postale | MUFG | Natixis | NatWest | Rabobank | Santander nadine

Citigroup Taps Fraser to Succeed Corbat as CEO

The Wall Street Journal reported Citigroup has tapped its Latin America chief, Jane Fraser, to serve as the bank’s No. 2 executive, putting her atop the list to succeed Chief Executive Michael Corbat.

October 25, 2019 Citigroup | Jane Fraser nadine

GoldenTree Closes $443MM CLO

GoldenTree Loan Management closed a €402 million ($443 million) collateralized loan obligation to be managed by GLM.

September 9, 2019 Barclays | Citigroup | GoldenTree Loan Management | Goldman Sachs | Morgan Stanley | Wells Fargo Securities nadine