Brookfield Infrastructure Partners entered a definitive agreement to acquire Triton International in a cash and stock transaction valuing Triton’s common equity at approximately $4.7 billion and reflecting a total enterprise value of approximately $13.3 billion. read more

APR 13, 2023 - 7:09 am

Last week, 11 banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, combined to make $30 billion in uninsured deposits in First Republic Bank to display confidence in the U.S. banking system following the collapse of Silicon Valley Bank. read more

MAR 20, 2023 - 7:22 am

Vmo Aircraft Leasing upsized and extended its warehouse credit facility to $1.225 billion. UMB is the administrative agent and security trustee for the facility, while Natixis CIB led the upsize. read more

MAR 8, 2023 - 6:58 am

Ritchie Bros. Auctioneers and IAA entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion, including the assumption of $1 billion of net debt. read more

NOV 8, 2022 - 7:40 am

TIAA entered into a definitive agreement to sell TIAA Bank to new investors with experience in financial services, including Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street and Bayview Asset Management. read more

NOV 8, 2022 - 7:38 am

UMB Bank is serving as administrative agent for an amended $1.5 billion senior secured warehouse facility for two entities jointly established by Griffin Global Asset Management and Bain Capital Credit. read more

AUG 15, 2022 - 6:47 am

CNH Industrial Capital, a wholly-owned subsidiary of CNH Industrial, priced $500 million in aggregate principal amount of 3.95% notes due 2025, with an issue price of 99.469%. The offering is expected to close today, subject to the satisfaction of customary closing conditions. read more

MAY 23, 2022 - 7:02 am

JetBlue submitted a proposal to acquire Spirit Airlines for $3.6 billion. JetBlue, which believes it is offering a “superior proposal” compared with Spirit’s merger agreement with Frontier Airlines, intends to fund the transaction with cash on hand and debt financing led by Goldman Sachs. read more

APR 6, 2022 - 6:32 am

Ritchie Bros. completed its acquisition of SmartEquip, a technology platform that supports the management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers. read more

NOV 3, 2021 - 8:35 am

Stonepeak Partners and Bellinger Asset Management completed a broadly syndicated aircraft loan securitization: SALT 2021-1 Trust, which issued a total of $893.477 million of notes backed by loans secured by 156 aircraft operated by 45 airline operators located in 29 jurisdictions. read more

NOV 3, 2021 - 8:26 am

Ritchie Bros. entered into a definitive agreement to acquire SmartEquip for approximately $175 million. read more

SEP 28, 2021 - 6:50 am

U.S. Bancorp entered into a definitive agreement to acquire MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group. Under the terms of the agreement, U.S. Bancorp will purchase MUFG Union Bank for approximately $8 billion. read more

SEP 22, 2021 - 6:31 am

U.S. Small business owners are ringing the alarm about the direction the country is headed and are struggling to manage inflationary pressures, navigate the labor shortage and confront mental health struggles, according to a new survey released from Goldman Sachs.  read more

SEP 15, 2021 - 6:15 am

Ritchie Bros. and Euro Auctions entered into an agreement under which Ritchie Bros. will acquire Euro Auctions for an enterprise value of £775 million (approximately $1.08 billion). read more

AUG 9, 2021 - 6:35 am

Ali Group, a manufacturer of foodservice equipment, and Welbilt entered into a definitive merger agreement under which Ali Group will acquire Welbilt in an all-cash transaction for $24 per share, or approximately $3.5 billion in aggregate equity value and $4.8 billion in enterprise value. read more

JUL 19, 2021 - 6:46 am