UnidosUS, the nation’s largest Latino civil rights and advocacy organization and Wells Fargo launched a program designed to make progress toward a more equitable, affordable and accessible financial system for all.
Frederick O. Terrell will join Wells Fargo’s corporate and investment bank as vice chairman of investment banking on Jan. 2. Terrell will join from Centerbridge Partners, where he served as a senior advisor focused on the financial services and technology sectors.
SLR Credit Solutions closed a secured first lien term loan in concert with a revolving line of credit from Wells Fargo for Skullcandy, a lifestyle audio brand known for its headphones and earbuds. Skullcandy used proceeds from the financing to refinance existing debt and provide enhanced flexibility. Wells Fargo came across this deal because of […]
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.
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.
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.
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.
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.
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.
Centerbridge Partners and Wells Fargo entered into a strategic relationship focused on direct lending to non-sponsor North American middle market companies.