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A US industrial forging business has secured US$18m in senior secured credit facilities backed by receivables, inventory and equipment, providing additional working capital following its acquisition by a family office earlier this year. CG Debt Capital Markets acted as exclusive...
#asset based lending#borrowing base#CG Debt Capital Markets
Palmer Square Capital BDC increased its portfolio yield to 11.95% during the second quarter, but lower investment income and a…
#CLO refinancing#direct lending#net asset value
Ares Management’s credit funds closed approximately US$8.2bn of US direct lending commitments across 69 transactions during the second quarter of…
#acquisition finance#Ares Credit#Ares Management