Morgan Stanley Archives

RBC and Truist Provide Debt Financing to Support Deerfield’s Business Combination with CareMax

Deerfield Healthcare Technology Acquisitions closed its business combination with CareMax Medical Group and IMC Medical Group Holdings. The combination was partially funded by $125 million in financing from a $185 million credit facility from RBC Capital Markets and Truist Securities.

Morgan Stanley, Credit Suisse & Truist Arrange Tivity’s Credit Facility Syndication

Tivity Health launched the syndication of new senior secured credit facilities. Morgan Stanley, Credit Suisse and Truist Bank are acting as joint lead arrangers and bookrunners for the transaction.

June 8, 2021 Credit Suisse | Morgan Stanley | Tivity Health | Truist Bank Ian Koplin

Evercore Names Mellet Brown the Next CFO of the Company

Evercore named Celeste Mellet Brown its next CFO, effective Sept. 1. As CFO, Mellet Brown will be responsible for Evercore’s financial, tax, internal audit, information technology, investor relations, communications and real estate functions. She will succeed Robert B. Walsh.

Citizens Bank Acquires 80 East Coast Branches, National Online Deposit Business of HSBC

Citizens Bank entered into an agreement to acquire 80 East Coast branches from HSBC Bank as well as HSBC’s national online deposit business. Under the agreement, Citizens will acquire approximately $9 billion in deposits and approximately $2.2 billion in loans.

Morgan Stanley Names Pick & Saperstein Co-Presidents, Pruzan COO & Yeshaya CFO

Ted Pick and Andy Saperstein have been named co-presidents of Morgan Stanley. Jonathan Pruzan will become COO, Sharon Yeshaya will replace Pruzan as CFO, Shelley O’Connor will become a vice chairman and head of external affairs, and Mike Pizzi will become head of U.S. banks at Morgan Stanley.

Goldman Sachs Structures $1B Warehouse Facility for Griffin/Bain Capital Credit Entities

Palisade Aviation Holdings Warehouse, Ltd. and Palisade Aviation Holdings Warehouse, LLC, which were jointly established by Griffin Global Asset Management and Bain Capital Credit, closed a $1 billion senior secured warehouse facility with Goldman Sachs as the structuring agent.

U.S. Bankruptcy Court Approves Garrett Motion’s Plan of Reorganization

The U.S. Bankruptcy Court for the Southern District of New York confirmed Garrett Motion’s plan of reorganization, positioning the company to complete the implementation of the plan, which will be led by funds managed by Centerbridge Partners and Oaktree Capital Management.

Morgan Stanley-Led Syndicate Arranges $825MM in Financing for Gogo

Gogo priced and allocated a seven-year, $725 million term loan B and a five-year, $100 million revolving credit facility. Morgan Stanley, Credit Suisse, Deutsche Bank, Benefit Street Partners and CBAM Partners acted as joint lead arrangers for the facilities.

Morgan Stanley Arranges Syndication of New Credit Facilities for Insulet

Insulet, a provider of tubeless insulin pump technology via its Omnipod brand of products, launched the syndication of new senior secured credit facilities. Morgan Stanley is acting as lead arranger and active bookrunner for the transaction.

April 20, 2021 Insulet | Morgan Stanley Ian Koplin

GoldenTree Closes $483.7MM European CLO

GoldenTree Loan Management II and its affiliated investment manager, GoldenTree Asset Management, closed a €402 million ($483.70 million) collateralized loan obligation to be managed by GLM II.

April 19, 2021 Barclays | GoldenTree Asset Management | Morgan Stanley | Wells Fargo Securities Phil Neuffer

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