DENVER, CO – September 9, 2020 – SRS Acquiom (“The Company”), which provides independent, conflict free third-party loan agency services for syndicated and bilateral loans, today announced its partnership with Seaport Loan Products (“Seaport”), the loan trading subsidiary of Seaport Global, an independent full-service investment bank. The partnership enables Seaport and SRS Acquiom to act as co-administrative agents in credit facilities involving successor or replacement agents and facilitate secondary market loan trades, provide research coverage as well as pricing marks.
Renee Kuhl, Executive Director of SRS Acquiom Loan Agency, said, “We are excited to be partnering with Seaport to provide more services to our lender clients as demand for liquidity and research increases throughout the distressed credit space. The combination of SRS Acquiom Loan Agency’s proficiency and expertise in facilitating complex credit facilities coupled with Seaport’s investment banking services, provides lenders with crucial market research and real access to liquidity.”
Michael Meagher, CEO of Seaport, said, “I’m delighted to share news of our relationship with SRS Acquiom. As a provider of co-administrative agency services, we are pleased to be able to add to the repertoire of services we provide to our clients.”
Paul St. Mauro, Managing Director and Head of Bank Loan Agency Services at Seaport, shared, “SRS Acquiom’s expertise and professionalism in dealing with lender groups, combined with the strength of Seaport’s relationships with institutional investors, presents a promising partnership.” SRS Acquiom Loan Agency provides administrative agent, collateral agent and sub-agent services for syndicated and bilateral Loans by acting as a neutral third-party administrator between the borrower and its lenders. The Company’s experienced team of loan agency experts have years of experience across a variety of complex credit agreements, including DIP financing and various other distressed loans. They also leverage best-in-class systems to handle cash management, collateral tracking, tax reporting, and covenant tracking.
Seaport Global is a privately held firm founded in 2001 specializing in Global Credit Sales, Trading, and Research and operates one of the largest voice-coverage sales networks in the credit markets today. Headquartered in New York with offices across the US and in Europe, Seaport Global pairs extensive knowledge and relationships in energy, industrials, shipping and chemicals/refining, with equity and fixed income sales, trading and research.
About SRS Acquiom
SRS Acquiom offers the most comprehensive platform to help deal parties manage complex financial transactions within mergers & acquisitions and bilateral or syndicated loan deals. Our solutions include paying and escrow agent services, online pre-closing solicitation, representations and warranties insurance brokerage, professional shareholder representation, and for loan and credit transactions, administrative, collateral and sub-agent services. Since 2007, we have helped businesses, investors, lenders, and advisors complete transactions as efficiently and effectively as possible, so they can focus on building strong businesses, and maximizing value. For more information visit the SRS Acquiom website.
About Seaport Global
Seaport Global is a full-service investment bank that offers investment banking, capital markets, financial advisory, sales, trading and research services. Headquartered in New York with offices across the US and in Europe, Seaport Global pairs its extensive knowledge and relationships with a large platform of equity and fixed income sales, trading and research. The firm’s forward-thinking practitioners, backed by decades of experience, focus on meeting clients’ goals in all business and economic cycles. For more information, visit the Seaport Global website.
SRS Acquiom Contact
Gasthalter & Co.
Seaport Global Contact
Seaport Global Holdings LLC