GoldenTree Loan Management II (GLM II) and its affiliated investment manager, GoldenTree Asset Management, closed a $640 million collateralized loan obligation to be managed by GLM II.
Citizens Financial Group and Investors Bancorp entered into a definitive agreement and plan of merger under which Citizens will acquire all of the outstanding shares of Investors for a combination of stock and cash.
F.N.B. Corporation and Howard Bancorp signed a definitive merger agreement for FNB to acquire Howard, including its wholly-owned banking subsidiary, Howard Bank, in an all-stock transaction valued at approximately $418 million.
Tivity Health, a provider of health solutions, priced a $400 million senior secured term loan B facility and a $100 million senior secured revolving facility. Morgan Stanley, Credit Suisse and Truist Bank are acting as joint lead arrangers and bookrunners for the transaction.
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.
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.
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 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.
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.
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.