Business Development Corporation of America has replaced its old external advisor and plans to focus on senior debt.
3 min read · 02 November 2016
The transaction will involve appointing four new independent directors to the seller’s board.
2 min read · 31 October 2016
The total capital raise comes after the Boston-based investment vehicle submitted its registration statement earlier this month.
2 min read · 18 October 2016
The transaction is the latest in a string of deals that is remaking the BDC landscape.
2 min read · 14 October 2016
The new investment vehicle is set to lean heavily on Bain Capital's private credit group for deals.
2 min read · 07 October 2016
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