Tag Archives: Morgan Stanley

Citizens Financial Enters Merger Agreement with Investors Bancorp, Transaction Valued at $3.5B

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 Merge, Transaction Valued at $418MM

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.

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 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.