Apollo Global Management has agreed to acquire The Fresh Market for approximately $1.36 billion. With the closing of the merger, The Fresh Market will enter into a new $100 million revolving credit facility.
Hercules Offshore completed its financial restructuring, emerged from Chapter 11 and funded a new $450 million senior secured credit facility with a lender group led by Jefferies Finance.
Sucampo Pharmaceuticals announced the closing of term loans in the aggregate amount of $250 million in connection with the financing of its acquisition of R-Tech Ueno.
AMAG Pharmaceuticals said it completed its acquisition of Blood Registry and noted that Jefferies Finance served as administrative agent for a lender group that provided a $350 million term loan to support the transaction.
AMAG Pharmaceuticals entered into a definitive agreement to acquire Lumara Health for $675 million. AMAG intends to finance the transaction with cash on hand and $340 million in committed term B financing from Jefferies Finance.
Layne Christensen Company closed a five-year, $135 million senior secured ABL revolver. PNC Bank served as administrative agent, co-collateral agent and lender for the lending syndicate.
Paul Hastings announced the firm represented UBS AG as administrative agent in a $100 million revolver, a $225 million first lien term loan facility and a $127.5 million second lien term loan facility used to partially finance the acquisition of DRTH Holdings.
Milestone Aviation Group announced it closed on a $200 million revolving credit line.
BioScrip entered into a credit agreement totaling $475 million. SunTrust, Jefferies and Morgan Stanley Senior Funding provided the financing, which partially funds the company’s acquisition of CarePoint Partners.
Michael Baker Corporation said it will be acquired by Integrated Mission Solutions in a transaction valued at $396.9 million, to be financed through a combination of cash provided by IMS and debt financing from Jefferies Finance.