news

Long-Term Fallout Seen from SBA 7(a) Program's Latest Shutdown

By John Reosti

Small-business lenders and experts are beginning to debate whether the weeklong shutdown will underscore the program's bipartisan support — or give its critics more ammunition to argue that it is too vulnerable to politics.


Sign up today for access to member-only content -- unique and timely industry insight that only Leveraged Finance News can deliver.
  • LeveragedFinanceNews.com one-month trial subscription
  • Free e-newsletters
  • Latest market data and statistics

Latest News

HD Supply Plans $850M Loan Refinancing

– The Atlanta-based industrial distributor announced plans for the new loan Monday, and met with lenders to establish price talk at Libor plus 300 bps with a 99.5-cent OID. The company will be refinancing the balance of a $1 billion loan issued in 2012.

C Spire Launches $250M Refi Offer

– Privately held wireless service provide C Spire is meeting with lenders today to discuss a proposed $250 million term loan B-1 refinancing. The new loan will replace an existing $250 million term loan that was issued in May 2013.

Pharmaceutical Product Development Prices $1.125B Bonds

– The proceeds will be combined with a refinanced senior secured credit facility to redeem existing debt.

Prolamina/Ampac Deadline Moved to Tuesday

– A deadline for lenders to commit to a new $560 million loans offering for the proposed merger of packaging companies Prolamina and Ampac has been accelerated to Tuesday.

LFN People Database

Exclusive data on top players in capital markets

Carl 'Pepper' Whitbeck

Head of US Fixed Income

Firm: AXA Investment Managers

In the news: AXA IM’s Whitbeck: HY Poised for ‘One of the Largest New Issue Years to Date’

Search the People Database

Data Snapshot