Jul 2, 2015 Ryan Jackson was formerly with Richards Kibbe & Orbe; he focuses on commercial lending transactions, financial restructurings of distressed companies, and event-driven acquisitions and dispositions.
Jul 2, 2015 High yield and bank loan mutual funds and exchanged traded funds took a hard hit this week, with investors pulling assets from both asset classes, according to Lipper.
Jul 2, 2015 Following the media company's spin-off of Cable One, Standard & Poor's has downgraded its ratings for Graham Holdings to 'BB+' from 'BBB.' Moody's Investors Service took similar action last month.
Jul 2, 2015 Hamilton Lane Advisors reverse flexed the original issue discount (OID) of a $260 million term loan B that will be used to refinance debt and pay a dividend to shareholders among other plans.
Jul 2, 2015 Healthcare insurance plan provider Centene Corp., which announced today it was acquiring Health Net Inc. for $6.8 billion, has received $2.7 billion in financing commitments from Wells Fargo for the transaction.
Jul 2, 2015 It replaces an $800 million revolver and a $200 million alternative currency facility that maker if single-serve brewing machines had in place at the end of the first quarter.
Jul 1, 2015 The 10% senior notes due 2023 priced at 98.65% of par. The proceeds will be used to finance a buyout by Veritas Capital.
Jul 1, 2015 U.S. leveraged loan syndication in the first half of 2015 is down 29.1% from the same period a year ago, according to Thomson Reuters, resulting in overall declines in deal volume and fees for all the top 25 banks ranked in the semi-annual bookrunner tables.
Jun 30, 2015 Crown Media, headquartered in Studio City, Calif., is offering a $325 million first-lien senior secured term loan A and a $100 million revolver to repay/replace three existing facilities.
Jun 30, 2015 The 5.875% senior notes due 2023 priced at par. The proceeds will be combined with $2.63 billion in loans to fund the company's acquisition of Advent Software.
Jun 30, 2015 Following lenders meetings in London and New York, TI Group Automotive Systems has set final terms for its cross-border term loan B which upsized to $1.33 billion from $1.23 billion.
Jun 30, 2015 Credit reporting agency TransUnion LLC is using proceeds from a proposed $560 million loans offering along with approximately $721 million from its recent initial public offering to redeem $1 billion of outstanding unsecured notes, according to ratings agency reports.
Jun 30, 2015 Six Flags Entertainment Group has priced its $700 million first-lien term loan following a reverse-flex last week. The company intends to use to proceeds to refinance existing debt, fund stock buybacks, and for general corporate purposes.
Jun 30, 2015 Olin Corp. has lined up a reduced $1.85 billion loan commitment agreement as part of its merger with the chlorine products business of Dow Chemical, according to a Monday regulatory filing.
Firm: Small Business Investor Alliance
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