Capital One Closes $1B+ Unitranche Healthcare Commitments in 2017

Capital One’s unitranche loan program, ULTra, closed more than $1 billion in commitments to borrowers in the healthcare industry in 2017.

Capital One Launches Unitranche Loan Program for Healthcare

Capital One launched a new program to originate unitranche loans to middle-market healthcare companies, with HPS Investment Partners as its strategic co-investor.

NewStar Launches SingleSource, a New Unitranche Product

NewStar Business Credit announced the launch of a new unitranche loan product called SingleSource.

Franklin Square Provides Unitranche Term Loan to Dent Wizard

Franklin Square Capital Partners announced the origination of a unitranche term loan to finance a dividend recapitalization of Dent Wizard International.

Structuring Unitranche Transactions: A Prudent Approach to Drafting Agreements

Nutter McClennen & Fish attorneys Philip R. Rosenblatt and John G. Loughnane discuss the uncertainty lenders may face when involved in a unitranche transaction. Since the unitranche model has not been thoroughly tested in court, they caution that when times get tough, lender parties will need the benefit of a well-crafted agreement—one that helps reach a solution instead of inadvertently accelerating a troubled situation.

Monroe Capital Provides Incipio $55MM Unitranche Financing

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a $55 million unitranche financing to support the growth of Incipio Technologies.

Navigating the Middle Market: Monroe Capital Gets the Unitranche Bump

In an increasingly complicated lending market, sometimes it pays to keep it simple. In an interview with Tom Aronson and Lee Stern of Monroe Capital, ABF Journal contributor Carol Clouse discusses the growing popularity of unitranche loans, which were first widely used during the height of the financial crisis.

Unitranche Lending: Flourishing as Regulators Loom

According to Forbes, unitranche lending proves to have more staying power than anticipated. Calling unitranche debt the “it” product during the credit crises, Forbes notes that the financing alternative remains popular, despite the revitalized economy.

Unitranche Lending… What You & Your Borrowers Need to Know

In this overview on unitranche lending, Marc Reich, president of Ironwood Capital discusses the unique features of this relatively new product while providing insights using points of differentiation between a unitranche structure as contrasted from more traditional forms of financing.