Credit Suisse, Morgan Stanley Lead Financing to Support Bain Capital Buy
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
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.