New York, September 5, 2018 – Churchill Asset Management (“Churchill”) today announced that it served as Joint Lead Arranger and Joint Book Runner for a $128 million first lien credit facility to support the recapitalization of Ahead, LLC (“Ahead”) by Court Square Capital Partners (“Court Square”)…
New York, September 5, 2018 – Churchill Asset Management (“Churchill”) today announced that it served as Joint Lead Arranger and Joint Bookrunner for a $111 million first lien credit facility to support the purchase of MBS Holdings, Inc. (“Momentum Telecom”) by Court Square Capital Partners (“Court Square”)…
New York, August 1, 2018 — Churchill Asset Management (“Churchill”) today announced that it served as Lead Arranger and Sole Bookrunner for a $67 million first lien credit facility to support the recapitalization of Midwest Can Company & Container Specialties Inc. (“Midwest Can”) by GenNx360 Capital Partners (“GenNx360”)…
New York, August 1, 2018 — Churchill Asset Management LLC (“Churchill”), a majority-owned affiliate of Nuveen focused on originating, underwriting and managing middle market senior loan investments, announced today that Amit Bhatia, Jeff Rabaut and Tarek Srouji have joined the firm as Principals and members of Churchill’s Sponsor Coverage team. The appointments are effective immediately and all will report to Randy Schwimmer, Senior Managing Director and Head of Origination and Capital Markets…
New York, July 18, 2018 — Churchill Asset Management (“Churchill”) today announced that it served as Lead Arranger for a senior secured credit facility to support Kramer Laboratories’ (“Kramer”) acquisition of Nizoral. Kramer is a portfolio company of Avista Capital Partners.
New York, May 2, 2018 — Churchill Asset Management LLC (“Churchill”), a leading provider of senior and unitranche debt financing to middle market companies, closed a $300 million leveraged loan fund, Churchill Middle Market CLO IV Ltd. (the “Fund”). The seven-year Fund is comprised of: a $200 million AA DBRS-rated senior revolving credit facility; $55 million of “A”-, “BBB”- and “BB”-rated mezzanine notes; and, $45 million of un-rated Subordinated notes. Natixis Securities Americas LLC (“Natixis”) serves as the Fund’s Administrative Agent and Arranger of the transaction.
NEW YORK, February 6, 2018 — Churchill Asset Management LLC (“Churchill”), a provider of senior and unitranche debt financing to middle market companies, completed significant capital raising and investment activity in 2017, closing or committing to 51 new investments totaling approximately $1.9 billion, a record for the firm, and ending the year with total committed capital under management of $4.4 billion across multiple investment vehicles.
New York, December 6, 2017 — Churchill Asset Management LLC (“Churchill”), a leading provider of senior and unitranche debt financing to middle market companies, today announced the closing of its second structured debt investment offering, a $340 million collateralized loan obligation fund (“CLO”) named TIAA Churchill Middle Market CLO II Ltd.
New York, November 29, 2017— Churchill Asset Management LLC (“Churchill”), a provider of senior and unitranche debt financing to private equity-owned middle market companies, has completed fundraising for Churchill Middle Market Senior Loan Fund, LP (and related investment vehicles), its inaugural fund as part of Nuveen with over $1.1 billion in committed capital (the “Fund”).