Babson Capital Management, one of the world’s leading asset management firms, with more than $231 billion in assets under management, announced today that it served as lead agent in a senior secured credit facility to finance Accruent LLC’s acquisition of Mainspring Healthcare Solutions.
Babson Capital Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for April 2016 of $0.1534 per share, payable on May 2, 2016. Based on the Fund’s March 31, 2016 share price of $16.69 per share, the distribution represents an annualized yield of 11.03% per share.
Babson Capital Management LLC, its subsidiaries Cornerstone Real Estate Advisers LLC and Wood Creek Capital Management, LLC, and Baring Asset Management Limited, announced today their intention to combine and use the Barings brand.
Babson Capital Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for March 2016 of $0.1534 per share, payable on April 1, 2016. Based on the Fund’s February 29, 2016 share price of $15.48 per share, the distribution represents an annualized yield of 11.89% per share.
Babson Capital Management, a global asset management firm with approximately $223 billion in assets under management, announced today that it led the Term Loan B issuance in a $135 million credit facility to Cambium Learning Inc. Babson also served as co-documentation agent on the transaction, which included revolving credit and term loan facilities.
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