Marathon Asset Management and Webster Bank Provide Senior Secured Financing for Littlejohn’s Acquisition of Sunbelt Modular
Webster Financial Corporation (WBS)
Last webster financial corporation earnings: 4/21 07:30 am
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of assets under management, and Webster Bank, N.A. (“Webster Bank”), a leading commercial bank in the Northeast with $79 billion in total assets, are pleased to announce the closing of a senior-secured financing agreement for Sunbelt Modular, Inc. (“Sunbelt” or the “Company”) to support its acquisition by funds advised by Littlejohn & Co., LLC (“Littlejohn”). Sunbelt is a leading designer and manufacturer of modular building solutions.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121900814/en/Founded over 45 years ago, Sunbelt provides a robust suite of highly engineered structures for custom and fleet applications that serve a diverse set of commercial end markets. The Company will continue to be led by CEO Ron Procunier, an executive with more than 35 years of experience in the modular indu
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News
- Marathon Asset Management and Webster Bank Provide Senior Secured Financing for Littlejohn's Acquisition of Sunbelt Modular [Yahoo! Finance]Yahoo! Finance
- Webster Financial Co. (NYSE: WBS) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Webster Lowers Prime Lending Rate to 7.75 PercentBusiness Wire
- Webster Financial Co. (NYSE: WBS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Webster Financial (NYSE:WBS) Will Pay A Dividend Of $0.40 [Yahoo! Finance]Yahoo! Finance
WBS
Earnings
- 10/17/24 - Miss
WBS
Sec Filings
- 11/21/24 - Form 4
- 11/20/24 - Form 144
- 11/20/24 - Form 4
- WBS's page on the SEC website