Tag Archives: HPS Investment Partners

JPMorgan Chase Arranges $500MM Term Loan as Part of $1B Package for Tillman Infrastructure

Tillman Infrastructure, a provider of wireless communication infrastructure, completed a financing package totaling $1 billion, including a $500 million term loan arranged by JPMorgan Chase and $500 million from HPS Investment Partners, Apollo and Oak Hill Advisors.

Sixth Street Leads $1.8B in New Capital to Refinance Maturing Loans for Equinox Group

Equinox Group secured approximately $1.8 billion in new capital to refinance maturing loans. Sixth Street led the transaction as a new investor along with Silver Lake. Equinox also secured a new revolving credit facility from Goldman Sachs, Morgan Stanley and J.P. Morgan.

SVPGlobal Aids in Recapitalization of SGS

SGS, investment funds managed by SVPGlobal and the largest existing holder of SGS’ outstanding funded indebtedness completed a recapitalization transaction to strengthen SGS’s balance sheet and position the business for growth. HPS Investment Partners led the financing for the investment.

IPC Systems Enters Agreement to Reduce Debt by More Than $400MM

IPC Systems entered into a transaction support agreement with its key stakeholders that will reduce the company’s debt by more than $400 million, extend its debt maturity schedule by five years and provide new capital of $125 million to deliver resources for investment in long-term growth strategies.

SPCM Provides Exit Financing for Centric Brands’ Chapter 11 Emergence

Centric Brands emerged from voluntary Chapter 11 proceedings. Sound Point Capital Management provided exit financing to the company, while Ropes & Gray, PJT Partners and Alvarez & Marsal served as legal, financial and restructuring advisors, respectively.