Delta Air Lines, Inc. (NYSE: DAL) (the "Company" or "Delta") today announced that it intends to commence a private offering to eligible purchasers of $1.5 billion in aggregate principal amount of senior secured notes due 2025 (the "Notes"), subject to market and other conditions. The Company also announced it intends to enter into a new $1.5 billion Term Loan B facility due 2023 (the "New Credit Facility") concurrently with the closing of the offering of the Notes.

Greenberg Traurig, LLP has added Jason S. DelMonico to its Boston office as a Shareholder in the firm’s Corporate Practice.

New credit facilities provide up to $20 million in near-term liquidity. In combination with cost-reduction initiatives, provide runway to complete value-enhancing development activities to seek approval of 180-day product. Senseonics continues to pursue its previously announced exploration of strategic alternatives.

Inari, the biotechnology company developing next-generation seeds, announced that it has entered into a $45 million loan and security agreement with K2 HealthVentures (K2HV), a life sciences-focused investment firm. The funds complement Inari's recent $89 million equity raise and will be used to accelerate the development and commercialization of breakthrough gene-edited crops that address the challenges of climate change and improve productivity.

JPMorgan Chase Bank NA and Silicon Valley Bank acted as joint book runners and joint lead arrangers on the agreement.

Rockwell Automation, Inc. (NYSE: ROK) announced today that it has entered into a $400 million, 364-day term loan agreement, which will be used to provide funding for two previously announced acquisitions and for other general corporate purposes. In February of this year, Rockwell Automation announced the signing of agreements to acquire privately-held Kalypso, LP, a US-based software delivery and consulting firm, and Italy-based ASEM, S.p.A., a leading provider of digital automation technologies. These acquisitions are expected to close within the next few weeks.

Latest analysis from the CEPRES Investment Platform highlights major sectors that could be winners and losers from the Coronavirus crisis. By evaluating current value creation and revenue growth opportunities in PE-backed companies and contrasting with the GFC (Global Financial Crisis) period the CEPRES Platform is able to identify potential outcomes from the COVID-19 crisis.

On Tuesday, April 21, the Senate passed an amendment to the CARES Act that, among other things, would amend certain provisions of the Paycheck Protection Program (“PPP”), economic injury disaster loans, and emergency grants. The amendment is expected to pass the House later this week and the president has indicated he would sign it. In some ways, the amendment is as notable for some of the things it did not do – it did not create eligibility for financial services firms including community banks and secured lenders to borrow PPP loans, and it did not include rumored restrictions on larger borrower’s access to PPP – as it is for what it did do (increase funding and create a set-aside of PPP guarantees for PPP loans made by certain small and community development lenders).

MiMedx Group, Inc. (OTC PINK: MDXG) (“MiMedx” or “the Company”), an industry leader in advanced wound care and an emerging therapeutic biologics company, today announced that it has received notice from Bank of America that its application for a Paycheck Protection Program loan (a “PPP Loan”) under the CARES Act has been approved.

Sidley is pleased to announce that Joshua Thompson has joined the firm in New York as a partner in its Global Finance group. Mr. Thompson was previously a partner at Shearman & Sterling LLP, where he was head of the firm’s Global Leveraged Finance group and head of Private Capital.

Arent Fox is pleased to announce the expansion of its Corporate & Securities practice with the addition of Partner Tal M. Unrad in Boston.

Citizens M&A Advisory served as co-lead advisor to CareerBuilder, a global technology company that provides end-to-end talent acquisition solutions, on its sale of CareerBuilder Employment Screening to Accurate Background, a leading provider of automated workforce screening solutions. Accurate received an investment to support the acquisition from Apax Digital Fund, the technology-focused growth equity fund advised by Apax Partners

Tradewind Finance has provided a $5 million credit facility to a manufacturer of flavorings, essential oils, and fragrances based in India. The company exports to the United States and Europe and is using the facility to grow their business and expand into new markets. The India-based manufacturer uses sustainable techniques to produce their line of flavorings and operates a lab dedicated to research and development. In order to capitalize on their R&D capabilities and build their business, they required access to additional working capital.

Gordon Brothers, the global advisory, restructuring, and investment firm, announced today that it has acquired the global Laura Ashley® brand, archives, and related intellectual property from the Laura Ashley group’s U.K. Administrators.

Company receives gross proceeds totaling $30 million to expand portfolio of equipment leasing contracts in Africa

CVC Credit Partners is pleased to announce that it has successfully raised US$657 million for its second U.S. focused direct lending fund, CVC Credit Partners U.S. Direct Lending Fund II ("Fund II"). Fund II will follow the same strategy as its predecessor fund, investing in established U.S. middle market businesses.

TAB Bank is pleased to announce it has provided a $2 million asset-based revolving credit facility for a construction maintenance company based in California. The new facility is extended through a multi-year agreement and will provide increased liquidity for the company’s ongoing working capital needs.

The syndication, led by Texas Capital Bank headquartered in Dallas, Texas, includes a number of other lenders with extensive backgrounds in lending within the telecommunications sector. The new credit facility will provide Strategic Wireless greater flexibility to capitalize on the growing number of infrastructure opportunities throughout the U.S.

KCP Advisory Group has been appointed by the Commonwealth of Massachusetts to provide the state’s long-term care facilities with on-site operational support and to assist with staffing, vendors, implementing infection control measures, and similar needs amid the COVID-19 crisis.

Katten announced today that two new partners have joined its Commercial Finance practice — Kirby Chin in New York and Brian Stern in Los Angeles — expanding a national team that works with many of the most active investors in the market, handles a wide range of US and cross-border financings and has overseen virtually every combination of deal variation, in all kinds of market environments.