Morgan Stanley Leads Gateway Casinos Refinancing
Gateway Casinos & Entertainment completed the refinancing of its existing credit facility with a syndicate of investment banks led by Morgan Stanley Senior Funding.
Gateway Casinos & Entertainment completed the refinancing of its existing credit facility with a syndicate of investment banks led by Morgan Stanley Senior Funding.
GTT Communications agreed to acquire Interoute for approximately €1.9 billion ($2.3 billion) in cash. Goldman Sachs, Credit Suisse and SunTrust Bank, among others, will provide debt financing for the transaction.
Clayton, Dubilier & Rice managed funds are acquiring a 60% ownership stake in American Greetings. The Weiss Family, descendants of Jacob Sapirstein, who founded the company in 1906, will retain a 40% stake in the business. Terms of the transaction were not disclosed.
ING Capital, along with four other lenders, provided commitments for a $300 million senior secured project finance facility for Lundin Gold.
Renovate America closed a $40 million credit facility increase with M&G Prudential, with ING Capital as the deal agent.
THL Credit, a direct lender to lower middle market companies, amended and extended its revolving credit facility with ING Capital as agent.
Calpine closed a new $1 billion first lien term loan facility maturing in January 2025. Credit Suisse served as administrative agent for the transaction.
Oaktree Specialty Lending entered into a new $600 million secured revolver. ING Capital, J.P. Morgan and Bank of America Merrill Lynch served as joint lead arrangers on the deal.
CryoLife completed its acquisition of JOTEC, a developer of aortic surgical grafts. Deutsche Bank served as administrative agent and collateral agent for financing supporting the transaction.
Oaktree Specialty Lending entered into a new secured revolving credit facility with a $600 million capacity and a maturity date of November 2020.