BofA Merrill, Credit Suisse Financing Supports Mitel Buy
Mitel entered into a merger agreement with Mavenir. Mitel received financing commitments from BofA Merrill Lynch and Credit Suisse AG of approximately $700 million to support the transaction.
Mitel entered into a merger agreement with Mavenir. Mitel received financing commitments from BofA Merrill Lynch and Credit Suisse AG of approximately $700 million to support the transaction.
SolarCity announced a $200 million non-recourse financing facility with Credit Suisse to finance the purchase of solar energy systems through SolarCity’s new MyPower loan program.
Bloomberg reported that Credit Suisse was ordered to face a $10 billion lawsuit by New York’s attorney general accusing the Swiss bank of fraud in the sales of mortgage-backed securities before the financial crisis.
TierPoint completed its acquisition of Xand from an affiliate of ABRY Partners. RBC Capital Markets and Credit Suisse will be providing debt financing for the transaction.
Capmark closed its Bluestem Brands acquisition. A $300 million term debt facility led by Credit Suisse, Jefferies Finance and KeyBank supported the transaction. Bluestem also amended its $80 million ABL facility with U.S. Bank.
Air Lease announced a wholly owned subsidiary entered into a joint venture with a co-investment vehicle to invest in commercial aircraft. BNP Paribas and Credit Suisse arranged the revolving warehouse facility.
Magnum Hunter Resources closed on two new credit facilities and completely refinanced its prior revolver. Credit Suisse Securities (USA) and BMO Capital Markets acted as joint lead arrangers.
Magnum Hunter Resources initiated a process to obtain two new credit facilities and refinance its existing revolver. Credit Suisse Securities and BMO Capital Markets are acting as joint lead arrangers.
Ignite Restaurant closed a new $195 million senior secured credit facility. Credit Suisse and KeyBanc Capital Markets acted as joint lead arrangers and joint bookrunners for the transaction.
GI Partners said it completed its acquisition of Peak 10. Financing for the transaction is being provided by affiliates of Credit Suisse, RBC Capital Markets and Jefferies.