Corebridge Financial entered into a definitive agreement to sell its UK life insurance business (operating as AIG Life Limited), to Aviva for a total consideration of £460 million ($462 million) in cash.
BlackRock Capital Investment Corporation entered into an amendment to its $265 million senior secured revolving credit agreement. According to an 8K filed with the SEC, Citibank is the administrative agent for the facility.
Banc of California signed a definitive merger agreement with PacWest Bancorp. The combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction.
Rithm Capital and Sculptor Capital Management entered into a definitive agreement under which Rithm will acquire Sculptor in a transaction valued at approximately $639 million, which includes $11.15 per Class A share of Sculptor.
BlackRock and Kreos Capital entered into a definitive agreement under which BlackRock will acquire full control of Kreos, which is a provider of growth and venture debt financing to companies in the technology and healthcare industries.
Fortress Investment Group and Mubadala Investment Company, through its wholly-owned asset management subsidiary, Mubadala Capital, entered into definitive agreements to acquire 90.01% of the equity of Fortress that is currently held by SoftBank Group, who have been the owners of Fortress since 2017.
Sumitovant Biopharma completed its acquisition of Myovant Sciences originally announced Oct. 23, 2022. Sumitovant has acquired all outstanding shares of Myovant not already owned by Sumitovant in an all-cash deal with a total transaction value of approximately $1.7 billion.
Industrial Logistics Properties Trust closed on a $1.235 billion debt financing with a final maturity date of Oct. 9, 2027. The financing is secured by a portfolio of 104 industrial properties containing approximately 18.6 million square feet across 31 states.
8×8, an integrated cloud communications platform provider, entered into a $250 million senior secured term loan facility in a transaction led by Francisco Partners. Wilmington Savings Fund Society will serve as administrative agent, with certain affiliates of Francisco Partners as lenders.
Armstrong Flooring, a designer and manufacturer of flooring solutions, filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.