Jefferies and Hildene Support CLO Issuance Managed by Carlson Capital

Jefferies Group and structured credit investor Hildene Capital Management will provide CLO equity capital to support the new issuance of four CLOs for alternative asset management firm Carlson Capital.

December 14, 2020 Carlson Capital | Dushyant Mehra | Hildene Capital Management | Jason Schechter | Jefferies Group | Stanton Ray Phil Neuffer

Ares Commits Additional Capital as Part of Salt Creek Recapitalization

SCM Topco, parent of Salt Creek Midstream, closed on a recapitalization with additional investments from both its existing lender groups and funds managed by Ares Management.

July 17, 2020 Akin Gump Strauss Hauer & Feld | Alvarez & Marsal | Ares Management | ARM Midstream | Ducera Partners | Guggenheim Securities | Jefferies Group | John Poarch | Kirkland & Ellis | Lazard | Milbank | Nate Walton | Perella Weinberg Partners | Salt Creek Gas | Salt Creek Midstream | SCM Topco | Silver Foundry | Simpson Thacher & Bartlett | White & Case | Zach Lee Phil Neuffer

Foresight Energy Files Chapter 11 Bankruptcy to Access $100MM in New Financing

Foresight Energy and all of its subsidiaries entered into a restructuring support agreement with ad hoc lender groups holding more than 73% of the approximately $1.4 billion in claims under each of Foresight Energy’s first lien credit agreement and second lien notes.

March 11, 2020 Akin Gump Strauss Hauer & Feld | Foresight Energy | FTI Consulting | Jefferies Group | Lazard Frères & Co. | Milbank | Paul | Perella Weinberg Partners | Rifkind | Robert D. Moore | Weiss | Wharton & Garrison Phil Neuffer

HPS Provides $65MM Revolver to Support Wentworth Restructuring

J.G. Wentworth reached an agreement with its lenders, led by Jefferies, to support its prepackaged restructuring plan. HPS Investment Partners provided a $65 million revolver to cover the company’s restructuring expenses.

November 10, 2017 HPS Investment Partners | J.G. Wentworth | Jefferies Group ABF Journal

WSJ: Online Lender CAN Capital Hires Advisors to Restore Business

The Wall Street Journal reported that online lender CAN Capital hired Jefferies to help revive its struggling business.

January 17, 2017 CAN Capital | Jefferies Group Sam Nickerson

Bloomberg: Crude Oil Prices Languish Near Six-Year Low

Bloomberg reported the $60 billion of oil industry spending cuts this year won’t be enough as crude oil prices languish near a six-year low.

August 13, 2015 Jefferies Group | oil prices Rita Garwood

Bloomberg: Nine West Said to Set Rate on Buyout Term Loan

Bloomberg reported Nine West Holdings, which will become a new company after Jones Group’s sale to Sycamore Partners, set the rate on a $470 million term loan backing the buyout, according to a Bloomberg source.

February 18, 2014 Jefferies Group | MCS Capital Markets | Morgan Stanley | Nine West ABF Journal

Deltek Said to Seek Lower Rate on Term Loan Deal

Bloomberg reported that computer software provider Deltek plans to lower the rate it will pay on a $450 term loan that is being arranged by the Jefferies Group.

February 13, 2013 Bloomberg | Jefferies Group | Thomas Bravo ABFJ News