Antares Capital related stories
All articles and analysis
Antares and Carlyle back aerospace acquisitionAntares is lead arranger on a senior debt package for Liberty Hall Capital’s purchase of AIM Aerospace, while Carlyle GMS stepped in on a second lien loan.
- Antares names three independent board members
The CPPIB-owned lender has appointed Melina Higgins as an independent board chairwoman and selected Mark Furlong and Diane Nordin as independent directors. The rest of the eight-member board is made up of CPPIB and Antares executives.
- Cerberus and NewSpring back telecom company
The credit lines for Otelco total $105 million and will repay outstanding debt arranged by Antares Capital, which is due to expire in April.
- Antares hires seven former GE Capital execs
The CPPIB-owned lending firm has hired several senior executives from GE Capital, which used to house Antares, for its loan syndication and trading desk.
- Antares finances travel agency buyout
The CPPIB-owned lender has arranged a unitranche package to support ABRY Partners’ acquisition of Denver-based Direct Travel.
- GE’s Aronson set to leave at year-end
Stuart Aronson, GE Capital’s global head of sponsor finance, is set to leave at the end of the year and is said to be considering a move to another lending firm.
- Ares Capital to ramp up new JV
Return on investments declined somewhat as the lender’s old Antares partnership winds down. The BDC is now busy ramping its new joint venture with Varagon and sees increasing potential in larger syndicated lending.
- Antares sale looks to syndicate $10.7bn ABL loan
The sale of GE Antares to CPPIB will see banks arranging a $13.9 billion senior secured credit facilities, of which $10.7 billion will be an asset-backed loan.
- GE Antares drives senior debt in traffic company buyout
The US lender, which will soon be sold to CPPIB, has arranged a $124.5 million senior credit facility for the PE purchase of Area Wide Protective.
- CPPIB to buy GE Antares for $12bn
Canada’s largest pension fund has agreed to acquire GE Capital’s PE sponsor-focused US lending business.