MUFG unveils direct lending team, to be led by Maley

Mitsubishi UFJ Financial Group (MUFG) unveiled a new group that will provide loans to middle market private equity-backed companies for buyouts and recapitalization transactions. Matt Maley will lead the team in a new role, as head of direct lending, according to an Aug. 11 statement from the company. He joined MUFG in 2018 to lead the bank’s sponsor coverage. Maley will report...

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Aug 2022

News

Avalara nets commitments for $2.75B financing for take-private buyout by Vi

Avalara Inc. is set to receive a $2.5 billion recurring-revenue loan backing a take-private buyout of the company by Vista Equity Partners, market sources said today. The loan would be one of the largest loans of this type, the sources noted. The financing also includes a $250 million revolver. Blue Owl is leading the financing. Some 20 lenders are involved, market sources said...

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Aug 2022

News

Carlyle launches new loan program to incentivize greenhouse gas cuts

Carlyle Global Credit has launched a lending program that incentivizes borrowers to cut greenhouse gas emissions and meet climate goals. Carlyle called the “decarbonization-linked financing program” one of the first such initiatives in U.S. private credit. Borrowers can lower interest costs by meeting prescribed targets. Further details were unavailable. “Through the program, C...

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