Recent events
Recent events tied to this brand in public sources.
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2021
TPI Composites announces preferred-stock investment agreement with Oaktree
TPI Composites announced a stock purchase agreement to issue and sell $400 million of Series A Preferred Stock to investment funds managed by Oaktree Capital Management, subject to the stated terms and closing conditions.
2021
Sanlam agrees to sell UK wealth businesses to Oaktree
Sanlam agreed to sell its UK wealth businesses to Oaktree Capital Management for £140 million. The transaction is subject to regulatory approvals in South Africa and the UK and was expected to complete during Q1 2022.
2021
Oaktree submits revised funding proposal to Crown Resorts
Crown Resorts received Oaktree Capital Management's revised proposal for a A$3.1 billion funding facility, which Oaktree said would fund a selective buy-back of Crown shares held by Consolidated Press Holdings. Crown's board had not yet formed a view on the proposal.
2021
SumUp secures €750 million in funding
SumUp secured €750 million in funding. The company said it would use the funding to support merchants, expand internationally and grow its workforce.
2020
Ocwen and Oaktree team up to form mortgage servicing rights venture
Ocwen Financial announced that it is teaming up with affiliates of Oaktree Capital Management to create a venture that could purchase up to $100 billion in mortgage servicing rights. The transaction was expected to close in the first half of 2021.
2020
Quid announces $320 million fund
Quid announced a new $320 million fund to provide loans to startup employees using their equity as collateral.
2020
Max Midstream announces acquisition of Seahawk Pipeline and Terminal
Max Midstream announced the acquisition of the Seahawk Pipeline and Terminal from Oaktree Capital at the Port of Calhoun, alongside plans for a pipeline connecting the port to the Eagle Ford and Permian Basins.
2020
Exantas enters financing agreements for up to $375 million
Exantas Capital Corp. entered into separate financing agreements with MassMutual and a fund managed by Oaktree Capital Management for new capital commitments aggregating up to $375 million. At closing, Exantas issued $50 million in unsecured notes and may draw up to an additional $75 million over the following 18 months.
2020
Airbnb secures a new $1 billion loan
Airbnb secured a new $1 billion loan on Tuesday, days after closing a separate $1 billion debt deal, according to the company and sources cited in the report.
2020
Acosta completes financial reorganization and exits Chapter 11
Acosta announced that it had completed its financial reorganization and recapitalization and emerged from Chapter 11. The process eliminated approximately $3 billion of long-term debt, and new investors funded $325 million in new equity capital.