MAG Aerospace
MAG Aerospace
Agent Tier
- Senior Secured Credit Facility
New Mountain Capital
June 2018
Agent Tier
June 2018
Hong Kong, June 13, 2018 – …middle-market loans are often senior and secured, a world apart from covenant-light corporate bonds. In addition, because of their smaller size, such companies can only borrow only up to five times their underlying cash flow, versus six times or more for larger firms, says Ken Kencel, president and CEO of Churchill Asset Management LLC…
New York, May 29, 2018 – Churchill Asset Management has been nominated as Lender of the Year at the ACG NY’s 8th Annual Champion’s Awards…
New York, May 14, 2018 – Following on the heels of a record year of capital raising, debt financing provider Churchill Asset Management recently closed a $300 million collateralized loan obligation fund, Churchill Middle Market CLO IV. Churchill is part of Nuveen, the asset management division of TIAA. Overall, Churchill manages more than $4.4 billion in committed capital. We asked CEO Ken Kencel about his firm’s investment approach and thoughts on middle-market lending…