Reuters reported, citing bank sources, that in support of Bain Capital’s acquisition of NGA Human Resources, Credit Suisse and Morgan Stanley are leading debt financing
HarbourVest Global Private Equity, a closed-end investment company, renewed its existing $500 million multi-currency credit facility with Lloyds Bank as agent and Credit Suisse.
A syndicate of five banks, comprising Lloyds, Barclays, HSBC, Wells Fargo and DBS, has reduced the size of international energy services group Hunting’s committed revolver to $200 million from $350 million.
Bloomberg reported that Bank of America, Deutsche and others boosted the CME Group’s credit line from $5 billion to $7 billion.
The Wall Street Journal reported the Bank of England warned UK banks they must come up with $38 billion fresh capital, putting pressure on RBS and Lloyds to step up the pace of asset sales.