• Hilton Grand Vacations Successfully Reprices Term Loan B
    April 10, 2024
    Hilton Grand Vacations Inc. (NYSE:HGV) announces today the successful re-pricing of its existing $1.3 billion Term Loan B, maturing Aug. 2, 2028. The new pricing will be SOFR plus 250 basis points, down from SOFR plus 275 basis points. Additionally, the credit spread adjustment for the Term Loan B has been removed.
  • Legacy Corporate Lending Provides $25 Million Asset-Based Credit Facility to Fairway Lumber
    April 10, 2024
    Legacy Corporate Lending, LLC (“Legacy”), a leading independent asset-based lending (ABL) company, today announced that it provided a $25 million asset-based credit facility to Fairway Lumber Co. Inc. The financing, finalized in March 2024, underscores Legacy's commitment to delivering tailored financial solutions to middle market companies across diverse industries.
  • Chart Industries Announces Amended Revolving Credit Facility
    April 8, 2024
    Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, announced that it has completed an amendment to its revolving credit facility (“Facility”) that increases the size from $1.0 billion to $1.25 billion.
  • Mesa Labs Announces Amendment to Credit Facility and Repurchase of Senior Convertible Notes
    April 8, 2024
    Mesa Laboratories, Inc. (NASDAQ:MLAB) (we, us, our, “Mesa” or the “Company”) today announced the closing of its Amended and Restated Credit Agreement (the “Credit Agreement”), which provides up to $200 million of senior secured debt through a syndicate of banks led by JPMORGAN CHASE BANK, N.A. The Credit Agreement includes a $75 million senior secured term loan facility (the “Term Loan”) and a $125 million senior secured revolving credit facility (the “Revolver”), both of which mature in April 2029.
  • esVolta Secures $185 Million Credit Facility
    April 8, 2024
    esVolta, LP announced completion of a $185 million senior secured credit facility. The credit facility will provide esVolta with access to additional development capital and credit support to secure obligations principally relating to interconnection, power purchase agreements, equipment deposits as well as early pre-NTP construction funding for the company's growing 20+ GWh pipeline of standalone energy storage assets across the United States
  • Qwil, Powered by LSQ, and TAPFIN Expand Early-Pay Opportunities to Staffing Suppliers of Major Energy-Sector Client
    April 8, 2024
    LSQ, a leading provider of working capital finance and payments solutions, and Talent Solutions TAPFIN, a leading managed service provider (MSP) for contingent workforces and part of the ManpowerGroup family of brands, today announced an expansion of their Qwil partnership to include staffing firms serving one of the world's largest providers of products and services for the ever-evolving needs of the energy industry.
  • Audax Private Debt Provides Financing to Support Littlejohn & Co.’s Acquisition of United Air Temp, Air Conditioning and Heating
    April 8, 2024
    Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Littlejohn & Co.’s investment in United Air Temp, Air Conditioning and Heating (“UAT” or the “Company”), a provider of HVAC and plumbing services to residential homeowners in the Mid-Atlantic and Southeastern U.S.
  • Loeb Unlocks Growth for a Beef Industry Client With $1.5 Million ELOC
    April 8, 2024
    A beef industry client looking to grow was facing temporary cash flow challenges that were impeding movement on future projects. While they needed immediate access to capital, traditional loan applications, with their lengthy processing times, posed a significant obstacle. Recognizing this challenge, Loeb leveraged its three-year relationship with the client and their proven track record to offer a tailored solution: an Equipment Line of Credit (ELOC).
  • Evolution Credit Partners Welcomes JC Barone as Managing Director
    April 8, 2024
    Evolution Credit Partners Management ("Evolution" or the "Firm"), an alternative credit firm with approximately $3 billion in assets under management, today announced John-Carl ("J.C.") Barone will be joining the Firm as a Managing Director. Mr. Barone brings a two-decade track record in the capital markets, focused on working capital finance, including trade finance and accounts receivable capital solutions for corporates.
  • Introducing Finley's Verification Suite, A New Standard for Accuracy, Automation, and Efficiency in Asset-Based Lending
    April 8, 2024
    Today, Finley, the leading debt capital management platform for borrowers and asset managers, announced the launch of the Finley Verification Suite, a set of capabilities that enables lenders in asset-backed lending (ABL) arrangements to verify the accuracy of borrower asset data and calculations.
  • Intermedia Cloud Communications Completes $345 Million Refinancing of Balance Sheet
    April 8, 2024
    Intermedia Cloud Communications, a leading global provider of intelligent cloud communications and collaboration applications to businesses and the partners that serve them, today announced that it has completed a $345 million refinancing of its balance sheet by entering into a new revolving credit facility and term loan with certain of its existing lenders.
  • Hyper Valuation Services, LLC Hires Jarrett Levy as Director of Business Development
    April 8, 2024
    Hyper Valuation Services, LLC (“HVS”), a division of HYPERAMS, LLC announces that Jarrett Levy has joined the firm as Director of Business Development. In his new role at HVS, Levy will focus on driving continued and future sales growth of HVS’ appraisal business, establishing productive relationships with existing and new clients across the country, and particularly the Southeast market.
  • Granite Ridge Announces Expansion of Revolving Credit Facility
    April 8, 2024
    Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced the successful completion of its semi-annual borrowing base redetermination and entry into the third amendment to the Company’s existing credit agreement (the “Third Amendment”).
  • CapitalPlus Financial Services Facilitates a $1.25M Funding for a Reno-based Finishing Contractor
    April 8, 2024
    CapitalPlus Financial Services, a leading provider of receivables financing for the construction industry, is pleased to announce the successful funding of a $1.25 million working capital facility for a finishing contractor based in Reno Nevada.
  • Turning Rock Partners Provides Growth Expansion Financing for Hivelocity and Colohouse Merger
    April 8, 2024
    Turning Rock Partners ("TRP" or "Turning Rock"), a private investment firm based in New York, announced the closing of a $70 million expansion financing to support the merger of Hivelocity and Colohouse, a leading provider of colocation, cloud, bare metal, hosting and data services for a diversified set of customers.
  • Jefferies (JEF) Deepens Strategic Alliance With SMBC in Canada
    April 8, 2024
    Jefferies Financial Group Inc. JEF announced a deepening of its global strategic alliance with Japan-based SMBC Group. This initiative focuses on enhancing cooperation within the Canadian market regarding corporate and investment banking business opportunities.
  • Raven Capital Management Names Dimitri Cohen Chief Investment Officer of Raven Credit
    April 8, 2024
    Raven Capital Management (“Raven”) today announced that Josh Green, President, CEO and Founder of Raven, has appointed Dimitri Cohen to the position of Chief Investment Officer of Raven Credit, effective April 2nd, 2024.
  • Aequum Capital Leads $45MM Credit Facility for Midwest Based Manufacturing and Distribution Company
    April 8, 2024
    Aequum Capital is pleased to announce it recently led a $45,000,000 revolving credit facility for a Midwest based manufacturing and distribution company. The Facility will provide increased liquidity to the Company as it continues to execute its acquisition strategy. Helios Strategic Advisors, LLC advised on the transaction.
  • Houlihan Lokey Continues Expansion of Private Funds Advisory Capabilities With Senior Hires for U.S. Primary Practice
    April 8, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced an additional expansion of its Private Funds Group (PFG) with the appointment of a team of four managing directors from Greenhill & Co. to significantly strengthen its U.S. Primary practice.
  • JPMorgan Picks new Bosses in Banking, Capital Markets After Reshuffle
    April 8, 2024
    JPMorgan Chase (JPM.N), opens new tab reorganized the leadership in its global banking division, installing new leaders in capital markets and investment banking, according to a memo seen by Reuters on Thursday.
  • Hilton Grand Vacations Successfully Reprices Term Loan B
    April 10, 2024
    Hilton Grand Vacations Inc. (NYSE:HGV) announces today the successful re-pricing of its existing $1.3 billion Term Loan B, maturing Aug. 2, 2028. The new pricing will be SOFR plus 250 basis points, down from SOFR plus 275 basis points. Additionally, the credit spread adjustment for the Term Loan B has been removed.
  • Legacy Corporate Lending Provides $25 Million Asset-Based Credit Facility to Fairway Lumber
    April 10, 2024
    Legacy Corporate Lending, LLC (“Legacy”), a leading independent asset-based lending (ABL) company, today announced that it provided a $25 million asset-based credit facility to Fairway Lumber Co. Inc. The financing, finalized in March 2024, underscores Legacy's commitment to delivering tailored financial solutions to middle market companies across diverse industries.
  • Chart Industries Announces Amended Revolving Credit Facility
    April 8, 2024
    Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, announced that it has completed an amendment to its revolving credit facility (“Facility”) that increases the size from $1.0 billion to $1.25 billion.
  • Mesa Labs Announces Amendment to Credit Facility and Repurchase of Senior Convertible Notes
    April 8, 2024
    Mesa Laboratories, Inc. (NASDAQ:MLAB) (we, us, our, “Mesa” or the “Company”) today announced the closing of its Amended and Restated Credit Agreement (the “Credit Agreement”), which provides up to $200 million of senior secured debt through a syndicate of banks led by JPMORGAN CHASE BANK, N.A. The Credit Agreement includes a $75 million senior secured term loan facility (the “Term Loan”) and a $125 million senior secured revolving credit facility (the “Revolver”), both of which mature in April 2029.
  • esVolta Secures $185 Million Credit Facility
    April 8, 2024
    esVolta, LP announced completion of a $185 million senior secured credit facility. The credit facility will provide esVolta with access to additional development capital and credit support to secure obligations principally relating to interconnection, power purchase agreements, equipment deposits as well as early pre-NTP construction funding for the company's growing 20+ GWh pipeline of standalone energy storage assets across the United States
  • Qwil, Powered by LSQ, and TAPFIN Expand Early-Pay Opportunities to Staffing Suppliers of Major Energy-Sector Client
    April 8, 2024
    LSQ, a leading provider of working capital finance and payments solutions, and Talent Solutions TAPFIN, a leading managed service provider (MSP) for contingent workforces and part of the ManpowerGroup family of brands, today announced an expansion of their Qwil partnership to include staffing firms serving one of the world's largest providers of products and services for the ever-evolving needs of the energy industry.
  • Audax Private Debt Provides Financing to Support Littlejohn & Co.’s Acquisition of United Air Temp, Air Conditioning and Heating
    April 8, 2024
    Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Littlejohn & Co.’s investment in United Air Temp, Air Conditioning and Heating (“UAT” or the “Company”), a provider of HVAC and plumbing services to residential homeowners in the Mid-Atlantic and Southeastern U.S.
  • Loeb Unlocks Growth for a Beef Industry Client With $1.5 Million ELOC
    April 8, 2024
    A beef industry client looking to grow was facing temporary cash flow challenges that were impeding movement on future projects. While they needed immediate access to capital, traditional loan applications, with their lengthy processing times, posed a significant obstacle. Recognizing this challenge, Loeb leveraged its three-year relationship with the client and their proven track record to offer a tailored solution: an Equipment Line of Credit (ELOC).
  • Evolution Credit Partners Welcomes JC Barone as Managing Director
    April 8, 2024
    Evolution Credit Partners Management ("Evolution" or the "Firm"), an alternative credit firm with approximately $3 billion in assets under management, today announced John-Carl ("J.C.") Barone will be joining the Firm as a Managing Director. Mr. Barone brings a two-decade track record in the capital markets, focused on working capital finance, including trade finance and accounts receivable capital solutions for corporates.
  • Introducing Finley's Verification Suite, A New Standard for Accuracy, Automation, and Efficiency in Asset-Based Lending
    April 8, 2024
    Today, Finley, the leading debt capital management platform for borrowers and asset managers, announced the launch of the Finley Verification Suite, a set of capabilities that enables lenders in asset-backed lending (ABL) arrangements to verify the accuracy of borrower asset data and calculations.
  • Intermedia Cloud Communications Completes $345 Million Refinancing of Balance Sheet
    April 8, 2024
    Intermedia Cloud Communications, a leading global provider of intelligent cloud communications and collaboration applications to businesses and the partners that serve them, today announced that it has completed a $345 million refinancing of its balance sheet by entering into a new revolving credit facility and term loan with certain of its existing lenders.
  • Hyper Valuation Services, LLC Hires Jarrett Levy as Director of Business Development
    April 8, 2024
    Hyper Valuation Services, LLC (“HVS”), a division of HYPERAMS, LLC announces that Jarrett Levy has joined the firm as Director of Business Development. In his new role at HVS, Levy will focus on driving continued and future sales growth of HVS’ appraisal business, establishing productive relationships with existing and new clients across the country, and particularly the Southeast market.
  • Granite Ridge Announces Expansion of Revolving Credit Facility
    April 8, 2024
    Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced the successful completion of its semi-annual borrowing base redetermination and entry into the third amendment to the Company’s existing credit agreement (the “Third Amendment”).
  • CapitalPlus Financial Services Facilitates a $1.25M Funding for a Reno-based Finishing Contractor
    April 8, 2024
    CapitalPlus Financial Services, a leading provider of receivables financing for the construction industry, is pleased to announce the successful funding of a $1.25 million working capital facility for a finishing contractor based in Reno Nevada.
  • Turning Rock Partners Provides Growth Expansion Financing for Hivelocity and Colohouse Merger
    April 8, 2024
    Turning Rock Partners ("TRP" or "Turning Rock"), a private investment firm based in New York, announced the closing of a $70 million expansion financing to support the merger of Hivelocity and Colohouse, a leading provider of colocation, cloud, bare metal, hosting and data services for a diversified set of customers.
  • Jefferies (JEF) Deepens Strategic Alliance With SMBC in Canada
    April 8, 2024
    Jefferies Financial Group Inc. JEF announced a deepening of its global strategic alliance with Japan-based SMBC Group. This initiative focuses on enhancing cooperation within the Canadian market regarding corporate and investment banking business opportunities.
  • Raven Capital Management Names Dimitri Cohen Chief Investment Officer of Raven Credit
    April 8, 2024
    Raven Capital Management (“Raven”) today announced that Josh Green, President, CEO and Founder of Raven, has appointed Dimitri Cohen to the position of Chief Investment Officer of Raven Credit, effective April 2nd, 2024.
  • Aequum Capital Leads $45MM Credit Facility for Midwest Based Manufacturing and Distribution Company
    April 8, 2024
    Aequum Capital is pleased to announce it recently led a $45,000,000 revolving credit facility for a Midwest based manufacturing and distribution company. The Facility will provide increased liquidity to the Company as it continues to execute its acquisition strategy. Helios Strategic Advisors, LLC advised on the transaction.
  • Houlihan Lokey Continues Expansion of Private Funds Advisory Capabilities With Senior Hires for U.S. Primary Practice
    April 8, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced an additional expansion of its Private Funds Group (PFG) with the appointment of a team of four managing directors from Greenhill & Co. to significantly strengthen its U.S. Primary practice.
  • JPMorgan Picks new Bosses in Banking, Capital Markets After Reshuffle
    April 8, 2024
    JPMorgan Chase (JPM.N), opens new tab reorganized the leadership in its global banking division, installing new leaders in capital markets and investment banking, according to a memo seen by Reuters on Thursday.