Beach Point Closes Second CLO Totaling $397.44m

Beach Point Closes Second CLO Totaling $397.44m

Beach Point CLO Management LLC, an affiliate of Beach Point Capital Management LP (collectively “Beach Point”), today announced the final closing of Sandstone Peak II Ltd., Beach Point’s second Collateralized Loan Obligation (CLO). The total deal,...
China’s energy storage firm Hithium raises over $621m

China’s energy storage firm Hithium raises over $621m

 Chinese energy storage firm Xiamen Hithium Energy Storage Technology on Wednesday said it has raised more than $621.47m that will be used for capacity expansion, equipment purchases and technology research and development. Hithium manufactures cells and larger...