Wilmington Trust expanded its loan agency services business, hiring Medita Vucic as head of U.S. Agency Loan Services and Antony Girling as senior relationship manager in London.
Wilmington Trust was recognized as the “Global Corporate Trust Services Provider of the Year” by Infrastructure Investor, an industry magazine which covers financing for infrastructure projects around the world.
Wilmington Trust hired Amy Perkins as an M&A relationship manager and Greg Stites as a client development officer. Both will be based in the firm’s growing Dallas office.
Wilmington Trust hired Carly Meyer Bentley as a senior private client advisor in its Wealth Advisory office in Villanova, PA.
Cumulus Media successfully completed its financial restructuring and emerged from Chapter 11, reducing its debt by more than $1 billion.
Cloud services provider Fusion acquired privately-held MegaPath Holding. To support this acquisition and the recent acquisition of Birch, Fusion closed a $640 million credit facility with Wilmington Trust as administrative agent.
Brandon Horak joined Wilmington Trust as a senior relationship manager on the firm’s M&A team within its Global Capital Markets division. He will be responsible for developing and managing escrow and paying agent services to the bank’s clients and prospects across the U.S.