Tag Archives: Oaktree Capital Management

RBC Capital Markets Leads Syndicate Providing $200MM in Financing to Itafos

Itafos entered into credit facilities with a syndicate of lenders led by RBC Capital Markets, pursuant to which the lenders have advanced an $85 million term loan to the company and made available a $35 million letter of credit facility and an $80 million asset-based revolving credit facility.

Oaktree Capital Management Acquires Velocity Risk Underwriters

Funds managed by Oaktree Capital Management, a global investment manager specializing in alternative investments, acquired Velocity Risk Underwriters, a catastrophe-focused property and specialty insurance risk managing general agent.

Ares, Oaktree and Diameter Provide Capital Injection to Vmo Aircraft Leasing

Vmo Aircraft Leasing increased its capital base from $500 million to $1.1 billion through its latest round of fundraising. Ares Alternative Credit Group, funds managed by Oaktree Capital Management and Diameter Capital Partners provided the capital injection.

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.

JPMorgan, Oaktree, Morgan Stanley Complete New $265MM Financing for NN

NN completed a new financing with J.P. Morgan, Oaktree Capital Management and Morgan Stanley Tactical Value to provide a $50 million asset-based credit line, a $150 million term loan and a $65 million preferred stock issuance, respectively.