How BDCs Can Coexist With Bankers

Serving small-cap and middle-market firms, and providing financing that complements rather than displaces corporate bank structures is how business develop corporations can succeed in meeting the demand for borrowing that large banks don't fulfill, says Raj Vig, managing partner at TCP Capital Corp.

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Providence Service Pulls $200M Senior Note Offering

– Proceeds from the offering, along with revolver borrowings and an expanded term loan, were to be used to fund the $400 million acquisition of Matrix Medical Network.

Price Talk set for Inc. Research’s $525M in Loans

– Price talk has emerged for a $525 million loan package proposed by Inc. Research for its plan to refinance existing debt, according to KDP Investment Advisors.

Block Communications Launches $225M Loan

– Media holding company Block Communications is proposing a $225 million first-lien term loan that will be used toward financing its pending acquisition of MetroCast cable television services, according to Moody’s Investors Service.

MTS Taps Dan Mandell to Open West Coast Office

– MTS Markets International, Inc., a London Stock Exchange Group company that operates the MTS electronic trading platform, tapped Dan Mandell as a senior account executive.

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