Reuters: J.P. Morgan, Wells, Others Raise Jawbone Debt Financing
Jawbone raised $113 million in debt and equity financing; Silver Lake, Fortress Investment Group, J.P. Morgan, and Wells Fargo provided the debt financing, a Reuters source said.
Jawbone raised $113 million in debt and equity financing; Silver Lake, Fortress Investment Group, J.P. Morgan, and Wells Fargo provided the debt financing, a Reuters source said.
Crossroads Systems secured a $10 million credit facility backed by a portion of its intellectual property portfolio, from an affiliate of Fortress Investment Group.
American Internet Services announced that Fortress Credit, an affiliate of Fortress Investment Group, provided the company a $43.5 million senior secured credit facility.
Consumer Portfolio Services announced that it renewed its $100 million revolving credit facility with affiliates of Goldman Sachs and Fortress Investment Group.
Bankrupt LightSquared has reached an agreement with its lender group, which includes Capital Research & Management Co., Appaloosa Management and Fortress Investment Group, to use cash collateral.
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