• Jones Day Adds Partner Thomas M. Devaney to Private Equity Practice in New York
    November 25, 2019
    Mr. Devaney works with sponsors and the management teams of private funds with respect to transactional matters and U.S. securities laws and regulations in forming private funds, fundraising and investor subscriptions, and fund administration and operations. He represents U.S. domestic and global private equity, private credit, real estate, infrastructure and venture capital funds, and hedge funds with a broad range of investment strategies.
  • LVMH Reaches Agreement with Tiffany & Co.
    November 25, 2019
    LVMH Moët Hennessy Louis Vuitton SE (“LVMH”), the world’s leading luxury group and Tiffany & Co. (NYSE: TIF) (“Tiffany”), the global luxury jeweler, today announced that the companies have entered into a definitive agreement whereby LVMH will acquire Tiffany for $135 per share in cash, in a transaction with an equity value of approximately €14.7 billion or $16.2 billion.
  • AlixPartners Bolsters its Healthcare and Life Sciences Offering With Addition of Fran Scholz
    November 25, 2019
    AlixPartners, the global consulting firm, announced today that life sciences expert Frank Scholz has joined as a managing director and one of the key leaders in the firm’s global Healthcare and Life Sciences practice, focusing on helping lead efforts in the pharmaceutical sector. He will be based in AlixPartners’ Chicago office.
  • Southwest Iowa Renewable Energy, LLC Announces Credit Expansion and Repurchase of Membership Units
    November 25, 2019
    Southwest Iowa Renewable Energy, LLC ("SIRE" or the "Company") is announcing the recent expansion of its credit facility and a repurchase of membership units.
  • Jamie Henderson to Join Capital One as Head of Commercial Real Estate
    November 25, 2019
    Capital One announced today that Jamie Henderson will join as Executive Vice President and Head of Commercial Real Estate starting in January 2020. Henderson will report directly to Michael Slocum, President of Commercial Banking and Northeast Market President.
  • Gibraltar Provides $8 Million Credit Facility to Helps Sports Equipment Company Pursue Growth Strategy
    November 25, 2019
    Recently, a turnaround consultant brought Gibraltar together with their client, an industry-leading retailer/e-tailer of new and preowned golf equipment, shoes, apparel and accessories. The company had been in business selling sports equipment to consumers through its multiple ecommerce sites.
  • Enviva Partners, LP Announces Pricing of Upsized $550 Million Offering of Senior Notes
    November 25, 2019
    Enviva Partners, LP (NYSE: EVA) (the “Partnership” or “we”) announced today the pricing of its previously announced private placement to eligible purchasers of $550.0 million in aggregate principal amount of 6.5% senior unsecured notes due 2026 at par (the “Notes”). The principal amount of the offering was increased from the previously announced offering size of $450.0 million. The offering is expected to close on December 9, 2019, subject to customary closing conditions.
  • Lucky Brand Dungarees, LLC Announces Successful Refinancing
    November 25, 2019
    Lucky Brand Dungarees, LLC ("Lucky Brand" or the "Company"), a portfolio company of Leonard Green & Partners, L.P. and a leading designer, distributor and retailer of premium denim and apparel goods in North America, announced today the completion of a new refinancing transaction.
  • Univar Solutions Announces Closing of $500 Million Senior Notes and $400 Million Term Loan
    November 25, 2019
    The new Term B-5 Loan Facility will exist in conjunction with the Company's existing Term B-3 loan facility and Term B-4 loan facility (collectively with the Term B-5 Loan Facility, the "Senior Term Facilities"). The Senior Term Facilities are senior secured obligations of Univar Solutions USA and Univar Netherlands and are guaranteed by the Company and certain of its subsidiaries.
  • TIP Announces the Increase of Its RCF Facility and New Raise Term Debt
    November 25, 2019
    On 21 November 2019, TIP, a portfolio company of I Squared Capital, announced that it had successfully: increased its existing Revolving Credit Facility (RCF) from €967 million to €1,150.5 million with no change in pricing or structure.raised €274.5 million in the private placement term debt markets for the first time. The term loan tenor is seven years.
  • FSW Funding Hires Director of Underwriting
    November 25, 2019
    FSW Funding, a Phoenix-based company specializing in financing solutions for small to mid-size businesses, recently hired Patrick Cooper as Director of Underwriting. FSW continues to grow both its factoring and asset-based lending portfolios which dictates the need to increase the underwriting staff.
  • Austin Financial Services Provides a $5.5MM Revolver and Term Loan Credit Facility to a Tier 1 OEM Supplier of Plastic and Metal Components
    November 25, 2019
    Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $5.5MM AR and Inventory revolver and M&E Term Loan to a tier 1 OEM supplier of plastic and metal components located in the Southeastern U.S. The Company had outgrown its line of credit and was to looking to maximize the value of its assets and improve its liquidity position.
  • North Avenue Capital Ranks 4th in the Nation Among USDA B&I Lenders in 2019
    November 25, 2019
    North Avenue Capital (NAC), a specialized commercial lender headquartered in Northeast Florida, has its eyes set on closing 2019 with over $140 Million in USDA Rural Loans to businesses across America. The USDA Rural Development Program works to create and save jobs in areas outside of metro areas, and NAC is committed to exclusively offering USDA Business & Industry (B&I) Loans nationwide with a focus on building businesses, growing economies, and creating jobs.
  • Crestmark Equipment Finance President Thomas R. Rutherford Named to ELFA’s 2020 Board of Directors
    November 25, 2019
    The Equipment Leasing and Finance Association recently announced its new board of directors and officers at its 58th annual convention on October 29. An active member of ELFA, this is Rutherford’s first time serving on the Board of Directors, where he will serve one three-year term on a staggered basis.
  • Earthstone Energy, Inc. Announces New Five-Year Revolving Credit Facility with $325 Million Borrowing Base
    November 25, 2019
    Wells Fargo Securities, LLC and RBC Capital Markets acted as Joint Lead Arrangers for the syndication of the New Credit Facility and Wells Fargo Bank, National Association is acting as Administrative Agent.
  • Hofstra Law Awards 2019-2020 Recipient of Moritt Hock & Hamroff Fellowship
    November 25, 2019
    The Maurice A. Deane School of Law at Hofstra University has named Brian Primm as the recipient of the 2019-2020 Moritt Hock & Hamroff Business Law Honors Fellowship. The Fellowship is awarded to an incoming law student who has demonstrated outstanding academic achievements and an interest in pursuing a career in business law.
  • Alvarez & Marsal Expands Public Sector Services with New Hires in Houston and New York
    November 25, 2019
    Leading global professional services firm Alvarez & Marsal (A&M) has expanded its Public Sector Services practice with the addition of Michael Carrasco as Managing Director in Houston, and Jay Nagy as Senior Director in New York. Their appointments demonstrate A&M’s strong commitment to assist local, state and federal agencies and their private sector partners cope with increasing costs and enhance services for their constituents and stakeholders.
  • Umpqua Bank Names Jonathan Dale Regional Director of Commercial and Corporate Banking
    November 25, 2019
    Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (UMPQ), announced today that Jonathan Dale has been named regional director of commercial & corporate banking to support the growth needs of enterprising businesses across Portland Metro, Eastern Washington and Idaho. Dale's addition comes as Umpqua continues to prioritize supporting middle market companies in the region.
  • Wilmington Trust Expands Global Loan Agency Services Team with Two Key Hires
    November 25, 2019
    Wilmington Trust, part of the M&T Bank Family and a leader in corporate and institutional services, announced the expansion of its Loan Agency Services business, bringing on Medita Vucic as Head of U.S. Agency Loan Services and Antony Girling as Senior Relationship Manager in London. Vucic reports to Tim Mowdy, the firm's Capital Markets Agency Services Leader in the U.S., while, Girling reports to Elaine Lockhart, European Product Leader for Loan Agency Services.
  • FIS Announces Proposed Offering of Senior Notes
    November 25, 2019
    J.P. Morgan Securities plc, Merrill Lynch International, MUFG Securities EMEA plc and Wells Fargo Securities International Limited are joint book-running managers for the Senior Notes offering.
  • Jones Day Adds Partner Thomas M. Devaney to Private Equity Practice in New York
    November 25, 2019
    Mr. Devaney works with sponsors and the management teams of private funds with respect to transactional matters and U.S. securities laws and regulations in forming private funds, fundraising and investor subscriptions, and fund administration and operations. He represents U.S. domestic and global private equity, private credit, real estate, infrastructure and venture capital funds, and hedge funds with a broad range of investment strategies.
  • LVMH Reaches Agreement with Tiffany & Co.
    November 25, 2019
    LVMH Moët Hennessy Louis Vuitton SE (“LVMH”), the world’s leading luxury group and Tiffany & Co. (NYSE: TIF) (“Tiffany”), the global luxury jeweler, today announced that the companies have entered into a definitive agreement whereby LVMH will acquire Tiffany for $135 per share in cash, in a transaction with an equity value of approximately €14.7 billion or $16.2 billion.
  • AlixPartners Bolsters its Healthcare and Life Sciences Offering With Addition of Fran Scholz
    November 25, 2019
    AlixPartners, the global consulting firm, announced today that life sciences expert Frank Scholz has joined as a managing director and one of the key leaders in the firm’s global Healthcare and Life Sciences practice, focusing on helping lead efforts in the pharmaceutical sector. He will be based in AlixPartners’ Chicago office.
  • Southwest Iowa Renewable Energy, LLC Announces Credit Expansion and Repurchase of Membership Units
    November 25, 2019
    Southwest Iowa Renewable Energy, LLC ("SIRE" or the "Company") is announcing the recent expansion of its credit facility and a repurchase of membership units.
  • Jamie Henderson to Join Capital One as Head of Commercial Real Estate
    November 25, 2019
    Capital One announced today that Jamie Henderson will join as Executive Vice President and Head of Commercial Real Estate starting in January 2020. Henderson will report directly to Michael Slocum, President of Commercial Banking and Northeast Market President.
  • Gibraltar Provides $8 Million Credit Facility to Helps Sports Equipment Company Pursue Growth Strategy
    November 25, 2019
    Recently, a turnaround consultant brought Gibraltar together with their client, an industry-leading retailer/e-tailer of new and preowned golf equipment, shoes, apparel and accessories. The company had been in business selling sports equipment to consumers through its multiple ecommerce sites.
  • Enviva Partners, LP Announces Pricing of Upsized $550 Million Offering of Senior Notes
    November 25, 2019
    Enviva Partners, LP (NYSE: EVA) (the “Partnership” or “we”) announced today the pricing of its previously announced private placement to eligible purchasers of $550.0 million in aggregate principal amount of 6.5% senior unsecured notes due 2026 at par (the “Notes”). The principal amount of the offering was increased from the previously announced offering size of $450.0 million. The offering is expected to close on December 9, 2019, subject to customary closing conditions.
  • Lucky Brand Dungarees, LLC Announces Successful Refinancing
    November 25, 2019
    Lucky Brand Dungarees, LLC ("Lucky Brand" or the "Company"), a portfolio company of Leonard Green & Partners, L.P. and a leading designer, distributor and retailer of premium denim and apparel goods in North America, announced today the completion of a new refinancing transaction.
  • Univar Solutions Announces Closing of $500 Million Senior Notes and $400 Million Term Loan
    November 25, 2019
    The new Term B-5 Loan Facility will exist in conjunction with the Company's existing Term B-3 loan facility and Term B-4 loan facility (collectively with the Term B-5 Loan Facility, the "Senior Term Facilities"). The Senior Term Facilities are senior secured obligations of Univar Solutions USA and Univar Netherlands and are guaranteed by the Company and certain of its subsidiaries.
  • TIP Announces the Increase of Its RCF Facility and New Raise Term Debt
    November 25, 2019
    On 21 November 2019, TIP, a portfolio company of I Squared Capital, announced that it had successfully: increased its existing Revolving Credit Facility (RCF) from €967 million to €1,150.5 million with no change in pricing or structure.raised €274.5 million in the private placement term debt markets for the first time. The term loan tenor is seven years.
  • FSW Funding Hires Director of Underwriting
    November 25, 2019
    FSW Funding, a Phoenix-based company specializing in financing solutions for small to mid-size businesses, recently hired Patrick Cooper as Director of Underwriting. FSW continues to grow both its factoring and asset-based lending portfolios which dictates the need to increase the underwriting staff.
  • Austin Financial Services Provides a $5.5MM Revolver and Term Loan Credit Facility to a Tier 1 OEM Supplier of Plastic and Metal Components
    November 25, 2019
    Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $5.5MM AR and Inventory revolver and M&E Term Loan to a tier 1 OEM supplier of plastic and metal components located in the Southeastern U.S. The Company had outgrown its line of credit and was to looking to maximize the value of its assets and improve its liquidity position.
  • North Avenue Capital Ranks 4th in the Nation Among USDA B&I Lenders in 2019
    November 25, 2019
    North Avenue Capital (NAC), a specialized commercial lender headquartered in Northeast Florida, has its eyes set on closing 2019 with over $140 Million in USDA Rural Loans to businesses across America. The USDA Rural Development Program works to create and save jobs in areas outside of metro areas, and NAC is committed to exclusively offering USDA Business & Industry (B&I) Loans nationwide with a focus on building businesses, growing economies, and creating jobs.
  • Crestmark Equipment Finance President Thomas R. Rutherford Named to ELFA’s 2020 Board of Directors
    November 25, 2019
    The Equipment Leasing and Finance Association recently announced its new board of directors and officers at its 58th annual convention on October 29. An active member of ELFA, this is Rutherford’s first time serving on the Board of Directors, where he will serve one three-year term on a staggered basis.
  • Earthstone Energy, Inc. Announces New Five-Year Revolving Credit Facility with $325 Million Borrowing Base
    November 25, 2019
    Wells Fargo Securities, LLC and RBC Capital Markets acted as Joint Lead Arrangers for the syndication of the New Credit Facility and Wells Fargo Bank, National Association is acting as Administrative Agent.
  • Hofstra Law Awards 2019-2020 Recipient of Moritt Hock & Hamroff Fellowship
    November 25, 2019
    The Maurice A. Deane School of Law at Hofstra University has named Brian Primm as the recipient of the 2019-2020 Moritt Hock & Hamroff Business Law Honors Fellowship. The Fellowship is awarded to an incoming law student who has demonstrated outstanding academic achievements and an interest in pursuing a career in business law.
  • Alvarez & Marsal Expands Public Sector Services with New Hires in Houston and New York
    November 25, 2019
    Leading global professional services firm Alvarez & Marsal (A&M) has expanded its Public Sector Services practice with the addition of Michael Carrasco as Managing Director in Houston, and Jay Nagy as Senior Director in New York. Their appointments demonstrate A&M’s strong commitment to assist local, state and federal agencies and their private sector partners cope with increasing costs and enhance services for their constituents and stakeholders.
  • Umpqua Bank Names Jonathan Dale Regional Director of Commercial and Corporate Banking
    November 25, 2019
    Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (UMPQ), announced today that Jonathan Dale has been named regional director of commercial & corporate banking to support the growth needs of enterprising businesses across Portland Metro, Eastern Washington and Idaho. Dale's addition comes as Umpqua continues to prioritize supporting middle market companies in the region.
  • Wilmington Trust Expands Global Loan Agency Services Team with Two Key Hires
    November 25, 2019
    Wilmington Trust, part of the M&T Bank Family and a leader in corporate and institutional services, announced the expansion of its Loan Agency Services business, bringing on Medita Vucic as Head of U.S. Agency Loan Services and Antony Girling as Senior Relationship Manager in London. Vucic reports to Tim Mowdy, the firm's Capital Markets Agency Services Leader in the U.S., while, Girling reports to Elaine Lockhart, European Product Leader for Loan Agency Services.
  • FIS Announces Proposed Offering of Senior Notes
    November 25, 2019
    J.P. Morgan Securities plc, Merrill Lynch International, MUFG Securities EMEA plc and Wells Fargo Securities International Limited are joint book-running managers for the Senior Notes offering.