Banks Prep $2B Refi Loan for Neiman Marcus
- Like "Boxers or Briefs," Investors Mixed on Hanes. R. K. // Bank Loan Report;11/30/2009, Vol. 24 Issue 46, p1
The article reports on the mix reviews given by investors to the 1.15 billion dollar deal for clothing company Hanesbrands Inc. in North Carolina. It mentions that a bank consortium made up of J.P. Morgan Chase & Co., Bank of America Corp., HSBC Holdings PLC and Barclays PLC arranged credit to...
- Getty's $1.27B TL Slated for Refi and Dividend. Kellerhals, Richard // High Yield Report;10/25/2010, Vol. 21 Issue 43, p15
This article reports on the move of a bank consortium to begin marketing a term loan for Getty Images in 2010. The consortium included J.P. Morgan, GE Capital, Bank of America Merrill Lynch and Goldman Sachs. The company intends to use the proceeds to refinance debt and finance a dividend...
- Two Deals Worth Almost $2B Kick Off 2010. // Bank Loan Report;1/4/2010, Vol. 25 Issue 1, p1
The article reports on banking consortiums that are seeking two term loans worth 1.7 billion dollars in the U.S. It states that a bank group, including Bank of America Corp., JPMorgan Chase & Co. and Barclays Capital Inc., is buying a one billion dollar term loan to back Apollo Management's...
- Warner Deal to Launch Soon. Kellerhals, Richard // High Yield Report;9/21/2009, Vol. 20 Issue 38, p21
The article reports on a 2.75 billion U.S. dollar credit facility for Warner Chilcott which is being prepared by a bank consortium. The facility includes a 1.5 billion U.S. dollar term loan B, a 1 billion U.S. dollar term loan A and a 250 million U.S. dollar revolver. Some banks in the...
- Petco Eyes $1.225B TL Repricing. Kellerhals, Richard // High Yield Report;2/21/2011, Vol. 22 Issue 8, p27
The article reports that as of February 2011, JPMorgan, Bank of America Merrill Lynch and Credit Suisse are looking for lenders to help Petco refinance its 1.225 billion dollar cov-lite term loan, and states that the banks provided 250 million dollars of their own money for a five-year...
- B of A Trails JPM in Aiding Distressed Homeowners. // American Banker;8/20/2012, Vol. 177 Issue 128, p6
The article discusses the status of the Bank of America, Wells Fargo, JPMorgan Chase, and Citigroup in complying with the loan refinancing and modification terms of the $25 billion settlement against U.S. mortgage servicers for foreclosure abuses.
- Banks fend off attacks designed to disrupt online account access. // Hill;12/17/2012, Vol. 19 Issue 142, p13
The article reports that the banks, JPMorgan Chase, Bank of America, U.S. Bancorp and other major U.S. banks resist the attact from "hacktivists" to disrupt online account access.
- Regulators Release Parts of Banks 'Living Wills' Plans. Borak, Donna // American Banker;10/ 4/2013, Vol. 178 Issue F339, p2
The article reports the Federal Deposit Insurance Corp. and the U.S. Federal Reserve Board released some information on October 3, 2013 about the resolution plans of 11 large financial institutions including Bank of America, Bank of New York Mellon, and JPMorgan Chase.
- Servicing Book Gains Weak in 2Q. Muolo, Paul // American Banker;8/30/2010, Vol. 175 Issue 133, p8
The article discusses second-quarter, 2010 results for large processors of housing receivables in the U.S. including J. P. Morgan Chase & Co. and Bank of America Corp.