Wells Fargo Adds Hale as Co-Head of Equity Capital Markets within C&I Bank

Clay Hale joined Wells Fargo’s corporate and investment bank as co-head of equity capital markets within the banking division. Clay joined from Citigroup, where he was most recently global head of consumer and retail banking, capital markets and advisory.

December 4, 2023 Clay Hale | Jill Ford | Tim O’Hara | wells fargo Phil Neuffer

Cyxtera Enters Asset Purchase Agreement with Brookfield Infrastructure Partners

Cyxtera, a data center colocation, interconnection services and digital infrastructure company, entered into an asset purchase agreement under which Brookfield Infrastructure Partners and its institutional partners will acquire substantially all of Cyxtera’s assets for $775 million.

November 3, 2023 AlixPartners | Brookfield Infrastructure Partners | Cyxtera | Guggenheim Securities | Kirkland & Ellis | Moelis & Co | Nelson Fonseca | Paul Weiss Rifkind Wharton & Garrison | TD Securities | wells fargo Ian Koplin

Wells Fargo Provides $25MM Revolving Loan Commitment to Performant Financial Corporation

Performant Financial Corporation, primarily operating as Performant Healthcare Solutions, completed a refinancing of its existing credit facility with a new credit facility with Wells Fargo that has a $25 million revolving loan commitment, subject to customary asset-based loan borrowing base limitations.

November 2, 2023 Performant Financial Corporation | Rohit Ramchandani | Simeon Kohl | wells fargo Ian Koplin

Wells Fargo Vice Chairman to Leave Company

Thomas R. Nides, vice chairman of Wells Fargo, will leave the company to return his attention to events in the Middle East. Nides joined Wells Fargo in September after retiring in July as U.S. ambassador to Israel, a post he had held since 2021.

October 30, 2023 Charlie Scharf | Thomas R. Nides | wells fargo | William M. Daley Ian Koplin

Wells Fargo Agents Repricing of Koppers’ $399MM Term Loan B

Koppers, a provider of treated wood products, wood treatment chemicals and carbon compounds, completed the repricing of its seven-year, $399 million senior secured term loan B due April 10, 2030. Wells Fargo is acting as administrative agent for the term loan.

October 13, 2023 BofA Securities | Citizens Bank | Fifth Third Bank | Jimmi Sue Smith | Koppers | PNC Capital Markets | Truist Securities | wells fargo | Wells Fargo Securities Ian Koplin

Wells Fargo Sells $2B of Private Equity Investments in Norwest Funds

Wells Fargo sold approximately $2 billion of private equity investments in certain Norwest Equity Partners and Norwest Mezzanine Partners funds to a group of investors, including AlpInvest Partners, Atalaya Capital Management, Lexington Partners and Pantheon.

October 2, 2023 AlpInvest Partners | Atalaya Capital Management | Carlyle | Lazard | Lexington Partners | Mike Santomassimo | Northwest Equity Partners | Norwest Mezzanine Partners | Norwest Venture Partners | Pantheon | Tim DeVries | wells fargo Ian Koplin

Centerbridge Partners and Wells Fargo Enter Strategic Relationship to Focus on Direct Lending

Centerbridge Partners and Wells Fargo entered into a strategic relationship focused on direct lending to non-sponsor North American middle market companies.

September 27, 2023 Abu Dhabi Investment Authority | Centerbridge Partners | Charlie Scharf | Daniel Garant | Hamad Shahwan | Jeff Aronson | Overland Advisors | wells fargo Ian Koplin

Wells Fargo Provides $200MM Credit Facility to AP Equipment Financing

AP Equipment Financing finalized a $200 million credit facility from Wells Fargo to capitalize on increasing demand from customers and dealer partners.

September 15, 2023 AP Equipment Financing | wells fargo | Zack Marsh Ian Koplin

Daley to Retire as Vice Chairman of Public Affairs at Wells Fargo

William M. Daley, vice chairman of public affairs of Wells Fargo, will retire at the end of the year. Daley joined Wells Fargo in 2019 from BNY Mellon to lead public affairs and is also the former chief of staff for President Barack Obama.

September 8, 2023 Charlie Scharf | wells fargo | William M. Daley Phil Neuffer

BNP Paribas and Société Générale Provide $500MM Credit Facility to Aviation Capital Group

Aircraft asset manager Aviation Capital Group closed a $500 million secured credit facility in support of its aircraft financing solutions business. BNP Paribas and Société Générale structured the facility.

September 6, 2023 Aviation Capital Group | BNP Paribas | Commerzbank | Credit Industriel et Commercial | Robert Lewandowski | Societe Generale | Sumitomo Mitsui Trust Bank | wells fargo Ian Koplin