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 provided debt financing for investment firm Francisco Partners in its acquisition of Forcepoint, a cybersecurity solutions provider, from Raytheon Technologies.
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, 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.
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 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.
A consortium led by Credit Suisse will provide a five-year credit facility to Cavotec. Cavotec chose Credit Suisse after conducting a process to procure a new long term credit facility, resulting in competing bids involving several bank consortia.
Sunnova Energy International, a residential solar and energy storage service provider, closed its second solar-loan securitization and sixth residential solar securitization overall.
Bank of America is serving as the administrative agent and lead arranger of a new $3.15 billion asset-based credit agreement for Macy’s. The agreement is part of $4.5 billion in new financing for Macy’s.
BNP Paribas is serving as administrative agent for a $2.565 billion revolving bank facility for Freepoint Commodities. ABN AMRO Capital, Coöperatieve Rabobank, ING Bank and Société Générale are serving as co-syndication and co-documentation agents.