Credit

WEF-backed Strathcona unveils $500m senior notes offering

Strathcona Resources, which is backed by Canadian private equity firm Waterous Energy Fund, has launched a private offering of $500 million of senior notes to repay a portion of outstanding borrowings.

Crown Capital divests control of mid-market lending arm

Crown Capital Partners has divested a controlling interest in Crown Private Credit Partners, a Canadian mid-market lending firm.

Varagon backs Paradigm Oral Surgery

Varagon Capital Partners has provided a credit facility for Paradigm Oral Surgery, a portfolio company of InTandem Capital Partners.

CIT supports Starwood Energy's buyout of Crane Solar

CIT Group has provided $68.4 million to back Starwood Energy's acquisition of Crane Solar, a solar farm in Crane County, Texas.

Enlightened Capital snags minority investment from bank

Canadian private debt firm Enlightened Capital has secured a minority equity investment from an unidentified Schedule 1 Banking Group.

Churchill supports Vestar's buyout of Stratus

Churchill Asset Management has provided a credit facility to back Vestar Capital Partners' acquisition of Mentor, Ohio-based Stratus, a provider of asset-light facilities services.

SRAM secures loan from FLC Credit Partners

FLC Credit Partners has provided a $21 million loan facility to Bryn Mawr, Pennsylvania-based Spouting Rock Asset Management, a multi-boutique manager platform.

Penfund invests in OMERS' acquisition of Gastro Health

Penfund led a US$90 million second lien credit facility and invested US$10 million of equity in Gastro Health, a Miami-based gastroenterology company.

Shamrock racks up $196m for initial debt fund

Shamrock Capital has raised $196 million for its inaugural debt fund.

Blackbuck nabs $50m loan from Riverstone Credit Partners

Riverstone Credit Partners has provided a $50 million term loan to Blackbuck Resources LLC, which designs, builds and operates water infrastructure.