Goldman Sachs Related Content

Ritchie Bros. Acquires IAA for $7.3B

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

TIAA to Sell TIAA Bank to New Investors

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

UMB Agents $1.5B Warehouse Facility for Griffin Global Asset Management

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

CNH Industrial Capital Prices $500MM of $3.95% Notes

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

JetBlue Proposes Acquisition of Spirit for $3.6B

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

Ritchie Bros. Completes Acquisition of SmartEquip

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

Stonepeak and Bellinger Complete $893.477MM Aircraft Loan Securitization

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

Ritchie Bros. Acquires SmartEquip for $175MM

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

U.S. Bancorp Enters Agreement to Acquire MUFG Union Bank

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

Amid Rising Delta Variant, Small Businesses Ring the Alarm on Pandemic Recovery

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

Ritchie Bros. Acquires Euro Auctions for More Than $1B

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

Ali Group and Welbilt Enter Merger Agreement, Transaction Valued at $3.5B

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

Blackbird Capital II LLC Closes $745MM Aircraft Secured Notes to Refinance Debt

Blackbird Capital II Aircraft Lease Limited and Blackbird Capital II Aircraft Lease US LLC closed a $745 million fixed rate notes offering, which consists of $630 million of 2.443% Series A fixed rate notes and $115 million of 3.446% Series B fixed rate notes. read more

Apollo Funds and Merx Aviation Complete Closing of MAPS 2021-1 Aircraft ABS Issuance

Funds managed by affiliates of Apollo Global Management and Merx Aviation, a global aircraft leasing, management and finance company, closed an issuance of $540.12 million of secured notes by MAPS 2021-1 Trust, a Delaware statutory trust. read more

CNH Industrial to Acquire Raven Industries

CNH Industrial entered into an agreement to acquire 100% of the capital stock of Raven Industries, a U.S.-based provider of agriculture technology, for $58 per share, representing a 33.6% premium to Raven Industries’ four-week volume-weighted average stock price and $2.1 billion enterprise value. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com