Bloomberg: Veritas’s $5.5B Debt Funding Postponed

Bloomberg reported that after two weeks of trying to peddle debt backing the largest private-equity buyout of 2015, Bank of America and Morgan Stanley have postponed marketing $5.5 billion of debt funding to finance Carlyle’s takeover of Veritas.

Veritas Provides $6MM to Fixtures Designer

Veritas Financial Partners provided a $6 million revolver for a New Jersey-based designer and installer of signage, displays and fixtures.

Veritas Provides Term Loan to Limited Service Hotel

Veritas announced the closing of a $2.8 million funding solution to a limited service hotel. The facility supports the company’s change in ownership and brand conversion.

Veritas Provides Revolver for Factoring/PO Company

Veritas Financial Partners said it successfully closed a $4 million revolving line of credit for a factoring and purchase order funding company to support its continued growth and leverage its equity base.

Veritas Provides $6.5MM Facility for Sugar Processor

Veritas Financial Partners provided a $5.5 million senior secured revolving line of credit and a $1 million capital expenditure facility for a sugar processor.

Veritas Provides $2.8MM to Cell Tower Service Provider

Veritas Financial Partners provided a $2 million senior secured revolving line of credit and an $800,000 term loan for a U.S. cell tower service provider.

Veritas Financial Partners Hires Kaplan as Vice President

Veritas Financial Partners hired Scott I. Kaplan as VP, Underwriting. He previously served as an investment banker at Vaupen Financial Advisors and as VP in the Deutsche Bank Real Estate Investment Banking Group.

Veritas Financial Partners Hires Kaplan as Vice President

Veritas Financial Partners hired Scott I. Kaplan as VP, Underwriting. He previously served as an investment banker at Vaupen Financial Advisors and as VP in the Deutsche Bank Real Estate Investment Banking Group.

Veritas Financial Hires Ennis as Senior BDO

Veritas Financial said it has hired Thomas Ennis as senior business development officer. Prior to joining Veritas, Ennis held various positions with Wells Fargo Capital Finance and its predecessor institutions for more than 12 years.

Veritas Provides $7.8MM Facility to B2B Retailer

Veritas Financial closed a $7.8 million senior secured credit facility for a business-to-business seller of flooring, cabinets, counter tops, and artificial turf.