An ad hoc group of crossholders of Ligado Networks’ debt, in supporting its comprehensive balance sheet restructuring, including a proposed commercial transaction between Ligado and AST SpaceMobile Inc. and certain of its affiliates through a pre-arranged Chapter 11 and a $940 million multidraw DIP credit facility.
Fortress in connection with a $75 million private credit financing to a wholly-owned subsidiary of Tiptree Inc.
Crestline Investors, together with Canyon Partners, on the private credit acquisition financing backing Arkview Capital’s purchase of NeoTech, a premier provider of high-reliability electronic manufacturing services to the defense, aerospace, medical, industrial and advanced technology sectors.
Team, Inc. (NYSE: TISI), a global provider of integrated, digitally enabled asset performance assurance and optimization solutions, in a refinancing of certain debt under its existing first lien asset based revolving credit facility and first lien term loan facility with new $225 million first lien and refinanced $107 million second lien term loan facilities.
Root, Inc. (Nasdaq: ROOT) in its refinancing of a $200 million senior secured term loan facility.
PE sponsor in its convertible preferred equity investment of up to $550 million (representing a controlling stake) in a company specializing in the development of clean energy, gigawatt-scale campus facilities for datacenter operators.
