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Latest GSO Capital Partners Stories

2014-06-02 16:21:35

RYE, N.Y., June 2, 2014 /PRNewswire/ -- Dunes Point Capital, LLC ("DPC") announced today that it has acquired the assets or stock of a group of industrial and chemical businesses owned by Alco Industries Inc. ("Alco"). DPC Investment Partners, LLC provided the equity for the transaction. The debt for the transaction was provided by an entity sub-advised by an affiliate of GSO Capital Partners LP ("GSO"), Blackstone's credit business, and PNC Bank.* Kirkland & Ellis LLP...

2014-02-28 08:21:44

OKLAHOMA CITY, Feb. 28, 2014 /PRNewswire/ -- American Energy - Utica, LLC (AEU), an affiliate of American Energy Partners, LP (AEP-LP), announced today that it has closed on its offering of $750 million of seven-year 3.5% convertible subordinated notes that priced last week. The offering was upsized from an initial amount of $500 million. The notes are convertible upon the first qualified, registered public offering of AEU into shares of the same class of common stock that are sold...

2014-01-06 16:25:49

SAN FRANCISCO, Jan. 6, 2014 /PRNewswire/ -- Velti plc announced today that in conjunction with the completion of the sale of its mobile marketing business to GSO Capital Partners LP ("GSO"), Jeff Ross has resigned his position as chief financial officer and Phokion Potamianos has resigned his position as director of the Company. Both resignations are effective immediately. "I would like to thank Jeff and Phokion for their valuable service to the Company," said Alex Moukas, the...

2014-01-03 16:22:06

SAN FRANCISCO, Jan. 3, 2014 /PRNewswire/ -- Velti plc announced today that the Company has closed the sale of its mobile marketing business to affiliates of GSO Capital Partners LP ("GSO"), the credit division of Blackstone (NYSE: BX). The transaction includes the sale of business lines operated by Velti Inc. and Air2Web Inc. in the U.S., Air2Web India, Velti DR Limited and Mobile Interactive Group, Ltd. in the U.K., and Velti Netherlands B.V. in the Netherlands. As previously...

2013-08-01 23:24:01

Cosentry has refinanced existing credit facilities, providing the company with up to $100 million of capital to enable expansion. Omaha, NE (PRWEB) August 01, 2013 Cosentry Holdings, Inc.(“the Company”) has completed a refinancing of the Company’s existing credit facilities that provides the Company with up to $100 million of capital to enable its continued expansion and future growth initiatives. Entities sub-advised by an affiliate of GSO Capital Partners LP ¹ (the credit...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.