Court Approves $200MM Magnum Hunter DIP Financing
The bankruptcy court approved Magnum Hunter Resources’ DIP financing agented by Cantor Fitzgerald Securities for the DIP lenders and Credit Suisse for the second lien lenders.
The bankruptcy court approved Magnum Hunter Resources’ DIP financing agented by Cantor Fitzgerald Securities for the DIP lenders and Credit Suisse for the second lien lenders.
Canadian Solar raised a final tranche of $80 million under its previously announced secured term loan arranged by Credit Suisse, bringing the total facility amount to $180 million.
Reuters reported RPC Group will buy Global Closure Systems for $71.3 million from private equity firm PAI Partners. Credit Suisse advised PAI on the deal.
Seven Generations Energy has expanded its existing senior secured credit facility to $850 million. This increase was provided by a syndicate of 10 financial institutions lead by the Royal Bank of Canada.
Consumer Portfolio Services has entered into a new two-year $100 million revolving credit agreement with Credit Suisse AG and Ares Agent Services.
Gunvor Group signed a $1.36 billion revolver in favor of Gunvor International and Gunvor SA. The mandated lead arrangers included: ABN AMRO, CACIB, Credit Suisse, DBS, ING, Natixis, Rabobank, UBS and Unicredit.
Western Digital announced it will acquire SanDisk in a $19 billion deal. Committed financing to support the transaction will be provided by BoA Merrill Lynch, J.P. Morgan, Credit Suisse and RBC Capital Markets.
Vedder Price said it recently advised Credit Suisse, agent for the lender group, in structuring a $725 million warehouse facility for Hong Kong Aviation Capital.
Vedder Price advised Credit Suisse, agent for the lender group, in structuring a $725 million warehouse facility for Hong Kong Aviation Capital.
Dubai-based TV company OSN signed a $400 million loan, encompassing a $400 million term loan and a $145 million revolver, arranged by Barclays, BNP Paribas and Mashreq.