Culligan will acquire AquaVenture for $27.10 per share in an all-cash transaction valued at approximately $1.1 billion, including AquaVenture’s net debt.
BofA, JPMorgan, Others Arrange $1.5B Term Loan for Chesapeake Energy
December 5, 2019
Chesapeake Energy has engaged JPMorgan Chase Bank, Morgan Stanley Bank, Bank of America, and MUFG Bank to arrange a secured first lien last out 4.5-year term loan facility in the aggregate principal amount of up to $1.5 billion.
JPMorgan Agents $30MM Revolver for Gogo
August 29, 2019
Gogo, a provider of broadband connectivity products and services for aviation, completed a $30 million asset-based revolving credit facility. JPMorgan served as administrative agent.
Morgan Stanley, MUFG Support Bristol-Myers Squibb/Celgene Merger
January 7, 2019
Bristol-Myers Squibb agreed to acquire biopharmaceutical company Celgene in a $74 billion cash and stock transaction. Morgan Stanley Senior Funding and MUFG Bank will provide the debt financing to support the transaction.
Oaktree Provides $150MM Term Loan to Sorrento Therapeutics
November 8, 2018
Sorrento Therapeutics, a clinical-stage immunotherapy biotech company, closed a debt financing for up to $150 million. The financing was provided by funds and accounts managed by Oaktree Capital Management.
Athyrium Provides $110MM Facility to Kala Pharmaceuticals
October 3, 2018
Kala Pharmaceuticals closed a $110 million credit facility with funds managed by Athyrium Capital Management. Morgan Stanley acted as sole structuring agent on the transaction.
Rabobank, Santander, Others Support Sainsbury Acquisition of Asda
July 5, 2018
Reuters reported UK supermarket Sainsbury’s closed £3.5 billion ($4.5 billion) in syndicated loans in order to facilitate an acquisition of Walmart’s Asda, which is valued at £7.3 billion ($9.7 billion).
JPMorgan Agents Zebra Technologies Debt Restructuring
June 1, 2018
Zebra Technologies restructured its debt to reduce interest costs while maximizing financial flexibility.
