2Q 2018 US PE Middle Market Report
NEW YORK, July 26, 2018 – Churchill Asset Management ranked as one of the top five most active middle market lenders in the second quarter of 2018 by PitchBook…
Senior Lending
LCD Middle Market Review
NEW YORK, July 24, 2018 – “There has been a clear shift to the prominence of the unitranche deal,” says Ken Kencel, President and CEO of Churchill Asset Management. “It’s a direct result of sponsors seeking one-stop debt solutions. Unitranche eliminates intercreditor issues. The economics and pricing of the unitranche are also comparable to the two-part debt structure, but with no syndication risk. You can’t be a full-service debt provider today without this capability.”…
Churchill Backs Kramer’s Acquisition of Anti-dandruff Shampoo Brand Nizoral
NEW YORK, July 18, 2018 – Churchill Asset Management has provided a senior secured credit facility to back Kramer Laboratories’ acquisition of Nizoral, an anti-dandruff shampoo brand. No financial terms were disclosed. Kramer is a portfolio company of Avista Capital Partners…
Why CLOs are On the Rise
New York, July 11, 2018 – Diversification, friendlier regulations and high barriers to entry are among the reasons these securitised products are becoming a bigger part of the private debt universe. View this short presentation to find out more…
BDCs Turn to CLO Financing as Effective Alternative to Bilateral Leverage Agreements
London, July 5, 2018 – The traditional source and structure of BDC leverage has evolved over time. Today, in addition to bilateral financing (corporate revolvers, asset-based facilities, etc), CLO structures can serve as an attractive source of long-term, attractively priced leverage, especially for BDCs anchored in diverse portfolios of senior secured middle-market loans, says David Heilbrunn, senior managing director and head of product development and capital raising at Churchill…
Sara Lee Frozen Bakery
Sara Lee Frozen Bakery
Lender
- Senior Secured Credit Facility
Kohlberg
July 2018
Inhance Technologies
Inhance Technologies
Lender
- Senior Secured Credit Facility
Aaurora Capital Partners
July 2018
Momentum Telecom
Momentum Telecom
Co-Lead Arranger
- First Lien Credit Facility
Court Square
July 2018