J.P. Morgan, Wells Fargo and Bank of America provided a $110 million asset-backed lending facility to Tuesday Morning in the company’s emergence from its Chapter 11 filing.
Truist Securities, Interbank, Nomura Corporate Funding Americas and Barclays provided financing for private equity firm Thoma Bravo’s investment in Venafi, an inventor and provider of machine identity management.
Jacobs is acquiring a 65% stake in PA Consulting and also providing debt financing in the form of a £650 million ($845 million) term loan and a revolving credit facility of up to £100 million ($130 million) to fund future growth.
J.P. Morgan placed a $600 million term loan B offering with 90 investment firms for Concord, which will use the debt financing to partially pay down a revolving credit facility, allowing for additional capital availability for future acquisitions and working capital.
Barings BDC and MVC Capital entered into a definitive merger agreement. The combined company, which will remain externally managed by Barings, is expected to have more than $1.2 billion of investments on a pro forma basis.
Hayfin Capital Management will provide MiMedx with $75 million in debt financing, including a five-year term loan facility in the aggregate principal amount of $50 million and a one-year, delayed draw term loan facility in the aggregate principal amount of $25 million.
An affiliate of H.I.G. Advantage, an investment affiliate of H.I.G. Capital, completed the acquisition of Supply Source Enterprises. Funds affiliated with Ares Management provided financing for the transaction.
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.
J.P. Morgan acted as lead arranger, lead bookrunner and administrative agent for a $275 million, six-year senior secured term loan B facility due June 2026 and a $100 million, three-year, ABL revolving credit facility due June 2023 for Douglas Dynamics.
J.P. Morgan arranged an amendment to an $800 million senior unsecured revolving credit facility for Dillard’s. The amended credit facility is secured by inventory of certain subsidiaries.