Morgan Stanley Commits $2.1B to Support Dialog Acquisition
Dialog Semiconductor will acquire Atmel for $4.6 billion in cash and stock. Dialog has received a $2.1 billion financing commitment from Morgan Stanley Senior Funding to support the deal.
Dialog Semiconductor will acquire Atmel for $4.6 billion in cash and stock. Dialog has received a $2.1 billion financing commitment from Morgan Stanley Senior Funding to support the deal.
Bluestem Group said it completed its acquisition of Orchard Brands for $410 million. The deal was funded by a new term loan and a new ABL facility led Credit Suisse and U.S. Bank.
Capmark Financial Group agreed to acquire Orchard Brands for $410 million. Term debt will be underwritten by Credit Suisse Securities and Morgan Stanley Senior Funding, while Credit Suisse and U.S. Bank are leading an ABL facility.
Packers Holdings completed a recapitalization of the company by Harvest Partners and Leonard Green & Partners. Committed debt financing was provided by Morgan Stanley, GE Capital and Crescent Mezzanine.
Zebra Technologies has begun to syndicate a $2 billion term loan. Morgan Stanley Senior Funding, J.P. Morgan Securities and Deutsche Bank Securities will act as joint lead arrangers.
XPO Logistics said it agreed to acquire New Breed. The acquisition will be supported by term loan commitments from Credit Suisse, Morgan Stanley Senior Funding, Citigroup and Deutsche Bank for up to $645 million.
On June 24, 2014, DaVita HealthCare Partners entered into a $5.5 billion senior secured credit agreement. JPMorgan Chase Bank acted as administrative agent and collateral agent, according to an SEC filing.
Hi-Crush Partners completed its previously announced acquisition of Hi-Crush Augusta. The company also closed $350 million in financing, including a $200 million term loan, which partially funds the acquisition.
Paul Hastings represented Morgan Stanley Senior Funding and J.P. Morgan Securities as joining bookrunners and lead arrangers in a $430 refinancing of BRG Sports.
Cengage Leasing announced it has emerged from Chapter 11, having completed its finance restructuring. A lender group led by Citibank, acting as ABL facility agent, provided $1.75 billion in exit financing.