The deal also includes a new leadership for the advisee.
2 min read · 30 September 2016
The Las Vegas-based gaming company is on track to exit Chapter 11 after reaching a consensual restructuring agreement.
3 min read · 29 September 2016
Private Debt Investor’s annual New York gathering featured lively discussion from a number of private credit luminaries.
2 min read · 28 September 2016
The notes will mature in January 2022, but Ares can redeem the securities early under certain conditions.
1 min read · 20 September 2016
The Franklin Square business development company, sub-advised by GSO Capital, swapped pre-bankruptcy debt for most of the new shares the reorganised debtor.
2 min read · 19 September 2016
The head of capital markets for the firm’s GMS credit unit has left Carlyle, reportedly to join Ares Management in London.
2 min read · 16 September 2016
The Apollo subsidiary has provided Oak Hill’s BDC a $56.5m facility that will be used, in part, to pay back an existing debt facility due 15 September.
3 min read · 13 September 2016
Former lawyer Mark Kronfeld has joined Tennenbaum Capital Partners to focus on managing investments in companies undergoing restructurings by the Los Angeles-based mid-market lender.
2 min read · 12 September 2016
The Philadelphia-based investment firm’s BDCs has provided $120m of a $150m unitranche facility used to support Morgan Stanley Global Private Equity’s acquisition of Cadence Education.
2 min read · 08 September 2016
The firm has provided a $66.5m GOLD facility to CenterOak Partners to finance its acquisition of Wetzel’s Pretzels.
2 min read · 07 September 2016
