J.P. Morgan Arranges $65 Million Facility for AV Homes
AV Homes announced it entered into a $65 million revolver arranged by J.P. Morgan Securities.
AV Homes announced it entered into a $65 million revolver arranged by J.P. Morgan Securities.
Credit Suisse announced it settled pending claims related to the sale of $16.6 billion of RMBS to Fannie Mae and Freddie Mac in 2005 and 2007 and will pay $885 million to resolve two pending law suits filed by the FHFA against the bank.
Canacol Energy announced it entered into discussions to upsize its existing senior secured term loan with a syndicate of banks led by Credit Suisse as lead arranger, sole bookrunner and administrative agent.
Reuters reported JPMorgan Chase, Goldman Sachs, BofA Merrill, Barclays, Citigroup and Credit Suisse have committed debt financing to support Carlyle Group’s $3.2 billion acquisition of Illinois Tool Works.
Capital One, acting as administrative agent; Credit Suisse Loan Funding, acting as lead arranger and arranger agent; and Garrison Investment Group, announced the closing of a $53.5 million facility for Theragenics.
Tuscany International Drilling announced it and a subsidiary commenced proceedings under Chapter 11 in the U.S. Bankruptcy Court to implement a restructuring. Credit Suisse AG is acting as DIP agent, according to a court filing.
Reuters reported that bankrupt wireless communications firm LightSquared is seeking to raise exit financing, and targeting a $2 billion to 2.5 billion exit term loan, sources said.
Niko Resources announced facilities in an aggregate principal amount of $340 million. JPMorgan and Credit Suisse arranged the facilities.
Intelsat announced that its indirect wholly owned subsidiary amended its credit agreement. Bank of America Merrill Lynch, J.P. Morgan and Credit Suisse served as joint lead arrangers and joint bookrunners.
Rouse Properties announced the closing of a new $510 million corporate credit facility. Key Bank acted as administrative agent.