Blackstone Life Sciences and GSO Capital Partners led a $2 billion financial collaboration in support of Alnylam Pharmaceuticals. The deal includes an up to $750 million first lien senior secured term loan led by GSO.
Alvarez & Marsal served as financial advisor to Dean Foods on its sale of assets to Dairy Farms of America, Prairie Farms Dairy, Mana Saves McArthur, Producers Dairy Foods, Harmoni and Industrial Realty Group.
Peter Brundage joined Evercore’s Investment Banking business as a senior managing director in its Advisory practice. He will establish Evercore’s Dallas office and will focus on advising large corporate clients across a range of industries.
Evercore appointed former Deutsche CIB leader Paul Stefanick to the firm’s Investment Banking business as a senior managing director and a senior leader of the company.
Golar LNG closed a new term loan credit facility of up to $150 million. Clarksons Platou Securities, Danske Markets and Evercore ISI were joint lead managers in the offering. Citicorp was sole bookrunner.
Jay Chandler joined Evercore’s Investment Banking business as a senior managing director in its Equity Capital Markets Group. Previously, Chandler served as head of Global Equity Syndicate at Bank of America Merrill Lynch.
Evercore is expanding its investment banking capabilities in London through the formation of a new European dedicated debt advisory business. Swag Ganguly joins as senior managing director, and Mark Craig joins as a managing director.
Bloomberg reported that Tribune Co. said it hired JPMorgan Chase and Evercore Partners as financial advisers after receiving unsolicited interest in its newspapers.