Saturn Oil & Gas entered into a $20 million senior secured revolving note facility with Prudential Capital Energy Partners, a mezzanine fund business sponsored by Prudential Capital.
Prudential Capital Group completed a $100 million private placement transaction with a subsidiary of Crowley Maritime, the operator and manager of the largest U.S.-operated petroleum and chemical tank vessel fleet in the country.
MGP Ingredients completed a new $150 million revolving credit facility with Wells Fargo Bank and also entered into a $20 million term loan with Prudential Capital Group.
One Energy Enterprises closed an $80 million financing combination of senior and subordinated debt with Prudential Capital Group.
Transom Capital aquired American Driveline Systems from American Capital. ADS is the franchisor of the AAMCO, Cottman Transmission & Total Car Care brands. Prudential Capital provided financing to support the transaction.
Prudential Capital Group said it named Michael Berry a managing director and head of its London office. Previously, he was managing director and head of specialized finance at Nomura International.
Prudential Capital announced it achieved more than $12 billion in annual originations in 2013, its highest production on record, driven by low interest rates and increasing demand among borrowers in Europe.