Franklin Square Capital Partners, in partnership with GSO Capital Partners, announced a senior secured loan to finance the acquisition and recapitalization of Fox Head and Hybrid Apparel by Altamont Capital.
Global Jet Capital has officially begun operations. GSO Capital Partners, The Carlyle Group and AE Industrial Partners partnered to launch the company.
Velti agreed to sell its U.S., UK and India mobile marketing businesses and certain of its U.S.-based advertising businesses to affiliates of GSO Capital Partners, the credit division of Blackstone.
Simpson Thacher represented affiliates of GSO Capital Partners as the lead backstop, and with the other backstop parties, provided $406 million in connection with financing to permit Kodak’s emergence from bankruptcy.