Silicon Valley Bank provided a $15 million credit facility to Nasuni as part of a combined $40 million financing package that also included $25 million in new equity financing.
Retail inventory valuations bounced back quickly in May and June as Americans responded to retail re-openings by hunting for bargains at liquidation sales, according to Tiger Capital Group executives.
According to an 8K filed with the SEC, Bank of America served as administrative and collateral agent on a $2.4 billion asset-based revolving credit facility in connection with the merger of WillScot and Mobile Mini.
J.P. Morgan, Bank of Montreal and Goldman Sachs acted as joint bookrunners and joint lead arrangers on a $200 million term loan B facility of seven years for Neenah.
Funds managed by affiliates of Ares Management acted as administrative agent and collateral agent for a five-year, $450 million senior secured credit facility for LivaNova.
Bank of America is serving as the administrative agent and lead arranger of a new $3.15 billion asset-based credit agreement for Macy’s. The agreement is part of $4.5 billion in new financing for Macy’s.
Bain Capital Specialty Finance priced an offering of $115 million aggregate principal amount of 8.5% senior unsecured notes due 2023. The company intends to use the net proceeds of this offering to repay debt under its secured credit facilities.
Citibank, Barclays, BMO Capital Markets, BofA Securities, Credit Suisse, Goldman Sachs, JP Morgan Chase and RBC Capital Markets arranged a new $500 million bridge credit facility and an amendment to an existing senior credit facility for Dana Incorporated.
Ares Management, Sumitomo Mitsui Financial Group and Sumitomo Mitsui Banking reached a strategic agreement to collaborate on future business opportunities.
Morgan Stanley, J.P. Morgan, Bank of America, BNP Paribas and Goldman Sachs acted as joint lead arrangers and bookrunners on a $2.2 billion 364-day secured term loan facility for Royal Caribbean Cruises. Morgan Stanley also served as administrative and collateral agent.