BofA, Goldman, J.P. Morgan Top U.S. Equity Trading Market
Bank of America Merrill Lynch, Goldman Sachs and J.P. Morgan are tied for the number-one spot among brokers in U.S. Equity Trading as of early Q1 2014.
Bank of America Merrill Lynch, Goldman Sachs and J.P. Morgan are tied for the number-one spot among brokers in U.S. Equity Trading as of early Q1 2014.
Waypoint Leasing announced it closed a five-year $72.5 million term loan facility led by Goldman Sachs. The facility will be used to refinance existing helicopters.
Reuters reported that Ortho-Clinical Diagnostics, a unit of Johnson & Johnson, will launch a $2.525 billion senior secured credit facility to finance its acquisition by Carylyle Group.
SuperValu announced it completed the repricing, amendment and extension of its $1 billion asset-based revolver. Wells Fargo, U.S. Bank, Rabobank, Goldman Sachs, Credit Suisse, Morgan Stanley, Barclays and BofA Merrill acted as joint lead arrangers.
Reuters reported H&R Block announced it would sell its bank unit to BofI Federal Bank, generating excess capital of $200 million to $250 million. Goldman Sachs and First Annapolis Consulting were said to be acting as financial advisers to H&R Block.
Ally Financial announced it launched an IPO of shares of its common stock. The shares will be offered by the U.S. Department of the Treasury as part of its planned exit of its investment in Ally.
Goldman Sachs and Vestar Capital Partners announced an agreement to acquire Hearthside Food Solutions from Wind Point Partners. Barclays Capital and Goldman Sachs affiliates provided debt financing commitments.
Aircraft lessor International Lease said it closed a new $1.5 billion senior secured term loan. The deal was arranged by Deutsche Bank and Goldman Sachs as joint lead arrangers and joint bookrunners.
Bloomberg reported that Goldman Sachs topped Bloomberg Markets’ annual ranking of M&A advisers in 2013 with an estimated $1.23 billion in fees, the magazine will report in its April issue.
Bloomberg reported Energy Future Holdings is meeting with lenders to discuss DIP loans to fund it through bankruptcy as part of its restructuring.