Assembled Brands, the company financing emerging consumer goods brands, closed $100 million permanent capital from funds managed by Oaktree Capital Management.
An affiliate of Cerberus Capital Management completed its previously announced acquisition of Cyanco Holding from funds managed by Oaktree Capital Management.
SunOpta, a global company focused on organic, non-genetically modified and specialty foods, entered into an agreement with Oaktree Capital Management to secure $85 million in equity financing. Kirkland & Ellis advised Oaktree.
It’s spring! Oaktree Capital Management is branching out and launching Encina Business Credit, an independent asset-based lending platform. Artist Jerry Gonzalez illustrates this new financial planting.
Encina Capital Partners and an affiliate of Oaktree Capital Management launched Encina Business Credit, a new, independent asset-based lending platform targeting middle-market borrowers in the U.S. and Canada.
Molycorp filed a reorganization plan proposing an emergence from Chapter 11 through either a stand-alone reorganization or a sale of all of its assets. The plan is supported by the company’s largest pre-petition creditor and post-petition lender, Oaktree Capital.
Bloomberg reported that Oaktree Capital Management is close to hiring AlixPartners to advise on its efforts to take over Quiksilver.
The Sydney Morning Herald reported that Quiksilver won court approval for a $175 million bankruptcy financing with Oaktree Capital Management after Oaktree agreed to drop a $20 million break-up fee.