NewPage Holdings announced its wholly owned subsidiary closed on a new $750 million term loan facility led by Credit Suisse Securities and a new $350 million ABL facility led by Barclays.
Dow Jones reported Cengage Learning is requesting bankruptcy-court permission to pay fees associated with obtaining financing of up to $2 billion to support the company’s operations after it exits Chapter 11.
Triangle Petroleum announced that Caliber Midstream Partners closed on a senior secured revolving credit facility in the amount of $200 million. Citibank acted as administrative agent.
The owner and operator of Mohegan Sun in Uncasville, CT and Wilkes-Barre, PA announced it engaged RBS Securities, Merrill Lynch and Credit Suisse Securities to arrange $715 million in new credit facilities.
Diamond Resorts International announced Diamond Resorts, a wholly owned subsidiary of Diamond Resorts International, closed a senior secured revolving credit facility. Credit Suisse acted as administrative agent.
Skilled Healthcare Group announced that it amended its senior secured credit facility to modify the leverage covenant. Credit Suisse AG served as administrative agent and collateral agent.
An affiliate of H.I.G. Capital completed its acquisition of recycled paperboard provider Caraustar Industries. Financing for the transaction was provided by Credit Suisse, Goldman Sachs, Jefferies and WFCF.
Law firm Paul Hastings said it represented Credit Suisse Securities (USA) as lead arranger and Credit Suisse AG as administrative agent in a $1.775 billion refinancing of energy producer Dynegy.
Tronox Limited closed on a new $1.5 billion senior secured term loan. Goldman Sachs Bank, UBS Securities, Credit Suisse Securities (USA) and RBC Capital Markets were the joint lead arrangers, joint bookrunners and co-syndication agents.
Walter Investment Management said it engaged Credit Suisse Securities, Morgan Stanley Senior Funding and Merrill Lynch to assist it with the arrangement of a $475MM incremental facility to its existing term loan.