Credit Suisse Archives

Credit Suisse and Neuberger Berman Close Debt Facility for West Creek

Credit Suisse and a fund managed by Neuberger Berman closed a secured debt facility for West Creek, a consumer financing provider. The facility increases West Creek’s funding capacity by more than 30%, enabling its originations plans for 2021 and 2022.

February 16, 2021 Credit Suisse | Neuberger Berman | Rajesh Rao | Sector Financial | West Creek Phil Neuffer

Oaktree Provides $250MM Debt Investment to Ocwen

Oaktree Capital Management delivered a $250 million debt investment for Ocwen Financial, a non-bank mortgage servicer and originator. Barclays and Credit Suisse acted as placement agents to Ocwen.

February 10, 2021 Barclays | Credit Suisse | Glen A. Messina | Oaktree Capital Management | Ocwen Financial Phil Neuffer

BofA, Goldman Sachs and Credit Suisse Arrange $720MM Refinancing for Utz Brands

Bank of America, Goldman Sachs and Credit Suisse acted as joint bookrunners and joint lead arrangers on a new $720 million term loan for Utz Brands, with Bank of America serving as administrative agent.

January 21, 2021 Bank of America | Cary Devore | Credit Suisse | Goldman Sachs | Utz Phil Neuffer

JPMorgan, Credit Suisse, HSBC Provide $1.825B in Debt Refinancing for Rent-a-Center

J.P. Morgan Securities, Credit Suisse and HSBC Securities provided $1.825 billion in debt financing for Rent-a-Center’s recent acquisition of Acima, a provider of virtual lease-to-own solutions.

M360 Advisors Closes $100MM Offering of Senior Unsecured Notes Due 2023

U.S.-based investment management company M360 Advisors closed a private placement of $100 million aggregate principal amount of 6.75% senior unsecured notes due 2023. Piper Sandler acted as placement agent for this offering.

Credit Suisse Provides Debt Financing for Francisco Partners’ Acquisition of Forcepoint

Credit Suisse provided debt financing for investment firm Francisco Partners in its acquisition of Forcepoint, a cybersecurity solutions provider, from Raytheon Technologies.

Credit Suisse and Others Provide Debt Financing for symplr to Acquire TractManager

Credit Suisse, Goldman Sachs, Antares, Ares, Deutsche Bank, Golub Capital and Jefferies provided debt financing to support symplr’s acquisition of TractManager from Arsenal Capital Partners.

Alcentra Appoints Mulshine Head of U.S. Distribution

Alcentra, a manager of private debt, hired Chris Mulshine as head of U.S. distribution and a member of the executive management committee. Mulshine previously served as global head of private credit with Lazard Private Capital Advisory, and in other roles at Credit Suisse, UBS and Goldman Sachs.

ING Agents Renewed Borrowing Base Credit Facility for Gerald Group

Gerald Group renewed its North American syndicated borrowing base credit facility, as its trading hub, GT Commodities, closed its $240 million facility with an oversubscription from an initial launch amount of $175 million. ING Capital was lead lender and administrative agent.

Ares Names Knox Australia & New Zealand Chairman of Ares SSG

Ares Management appointed John Knox Australia and New Zealand chairman of Ares SSG, furthering focus on Asia Pacific business expansion. Knox is the former CEO of Credit Suisse Australia.

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