Credit Suisse Leads AmeriLife $395MM Refi
AmeriLife Group has entered into new credit facilities that provide for up to $395 million of financing. Credit Suisse led the financing.
AmeriLife Group has entered into new credit facilities that provide for up to $395 million of financing. Credit Suisse led the financing.
Reuters reported German metering group Techem has launched a €1.75 billion ($1.99 billion) refinancing that will be offered with portability, enabling the new loans to stay in place if a sale goes ahead.
BDO Unibank closed a $500 million syndicated term loan facility arranged by Bank of America, Deutsche Bank, HSBC, Mizuho Bank, Standard Chartered and United Overseas Bank.
Jeff Urwin, who will also become head of corporate finance at Deutsche Bank, is reportedly replacing Robert Rankin.
Monroe Capital announced the closing of a $358 million term debt securitization known as Monroe Capital CLO 2014-1. Deutsche Bank served as the lead manager, structuring agent and bookrunner.
Business Development Corporation of America announced it entered into a $60 million senior secured revolving credit facility. Deutsche Bank AG, New York Branch is the lender and administrative agent.
According to the Financial Times, Deutsche announced plans to reduce its U.S. balance sheet, as the U.S. Federal Reserve adopts new rules to shield the country’s taxpayers from costly bailouts.
Patriot Coal announced that the U.S. Bankruptcy Court for the Eastern District of Missouri has confirmed the company’s plan of reorganization. Barclays and Deutsche Bank were said to be on call to arrange the exit financing.
Bloomberg reported that Bank of America, Deutsche and others boosted the CME Group’s credit line from $5 billion to $7 billion.