JPMorgan Chase-Led Syndicate Provides $1.5B Term Loan to AppLovin

AppLovin, a marketing software company, closed a seven-year, $1.5 billion term loan. JPMorgan Chase Bank, BofA Securities, KKR Capital Markets, Citigroup, Credit Suisse Loan Funding, Goldman Sachs Bank, Morgan Stanley Senior Funding and UBS Securities acted as joint lead arrangers for the facility.

October 27, 2021 AppLovin | BofA Securities | Citigroup | Goldman Sachs Bank | JPMorgan Chase Bank | KKR Capital Markets | Morgan Stanley Senior Funding Ian Koplin

BofA-Led Syndicate Refinances CCC Intelligent Solutions’ Senior Secured Credit Facility

CCC Intelligent Solutions completed the refinancing of its existing secured credit facility with a new credit agreement. Bank of America, JPMorgan Chase, Goldman Sachs, Citigroup, Barclays, Credit Suisse, Jefferies Finance and Morgan Stanley acted as joint lead arrangers and joint bookrunners for the facility.

September 24, 2021 Bank of America | Barclays | Brian Herb | CCC Intelligent Solutions | Citigroup | Credit Suisse | Goldman Sachs | Jefferies Finance | JPMorgan Chase Bank | Morgan Stanley Ian Koplin

Horizon Technology Finance Appoints Devorsetz COO

Horizon Technology Finance appointed Daniel S. Devorsetz COO, effective immediately. In addition, Horizon Technology Finance concurrently appointed Devorsetz COO of its external investment advisor, Horizon Technology Finance Management.

June 10, 2021 Advest | Citigroup | Daniel S. Devorsetz | GATX Ventures | General Electric Capital Corporation | Gerald A. Michaud | Horizon Technology Finance | Horizon Technology Finance Management | Ironwood Capital Ian Koplin

Eagle Point Credit Management Appoints Morse Head Corporate Trader

Eagle Point Credit Management appointed Nate Morse head corporate trader. Morse has more than 20 years of industry experience. Prior to joining Eagle Point Credit Management, he spent five years as a credit trader at Aristeia Capital.

June 8, 2021 Aristeia Capital | Citadel Securities | Citigroup | Dan Spinner | Eagle Point Credit Management | Jefferies | Nate Morse | Thomas Majewski Ian Koplin

Dave and Victory Park Capital’s SPAC Enter Business Combination Agreement

The banking app Dave and VPC Impact Acquisition Holdings, a special purpose acquisition company sponsored by Victory Park Capital, entered into a business combination agreement that will result in Dave becoming a publicly traded company with an expected equity value of approximately $4 billion.

June 7, 2021 Brendan Carroll | Centerview Partners | Citigroup | Corbin Capital Partners | Dave | Dave Banking | Herrington & Sutcliffe | Jason Brown | Jason Wilk | Jefferies | Orrick | Tiger Global Management | Victory Park Capital | VPC Impact Acquisition Holdings III | Wellington Management | White & Case Ian Koplin

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