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Airspan to Receive up to $95 Million in new Equity Financing and Eliminate all Existing Funded Debt
April 1, 2024Airspan Networks Holdings Inc., a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions, today announced that it has entered into a Restructuring Support Agreement (the “Agreement”) with certain funds managed by Fortress Investment Group (“Fortress”) and several of its other key financial stakeholders
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PNC
April 1, 2024At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. The candidate should explore student opportunities and events (https://careers.pnc.com/global/en/students) and apply to as many programs as they would like.
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Celtic Capital Corporation Provides Funding for a Manufacturer of Precision Manufactured Components and Assemblies
April 1, 2024Celtic Capital provided a $2,500,000 Equipment Loan and subsequently participated with the revolving lender for $1,500,000 on the Accounts Receivable and Inventory Lines of Credit.
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HarborOne Bancorp, Inc. Names Stephen W. Finocchio as Executive Vice President and Chief Financial Officer
April 1, 2024HarborOne Bancorp, Inc. today announced the appointment of Stephen W. Finocchio as Executive Vice President and Chief Financial Officer, HarborOne Bancorp, Inc. and HarborOne Bank. Finocchio will oversee all Finance areas, including Accounting, Reporting, Treasury, and Investor Relations.
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RBC Completes Acquisition of HSBC Bank Canada
April 1, 2024Royal Bank of Canada (TSX: RY) (NYSE: RY) ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada").
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Power Solutions International Announces Extension to Credit Agreement
April 1, 2024Power Solutions International, Inc. (the “Company” or “PSI”) amended its $130 million uncommitted senior secured revolving credit agreement (the “Fourth Amended and Restated Credit Agreement”), with Standard Chartered Bank, as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time.
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Tidwell Group Combines with EisnerAmper
April 1, 2024Global business advisory firm EisnerAmper announces that the partners and colleagues of Birmingham, Alabama-based tax, assurance and advisory, and real estate consulting firm Tidwell Group, LLC, are joining EisnerAmper in a transaction expected to close in May 2024.
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FinWise Bancorp Appoints Jim Noone President and Hires Robert Wahlman as Chief Financial Officer
April 1, 2024FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced the appointment of Jim Noone to President along with the hiring and appointment of Robert Wahlman as Chief Financial Officer, effective immediately. Mr. Wahlman will succeed Javvis Jacobson, who will remain with the Bank as Treasurer.
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AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities
April 1, 2024FC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced that it has provided a total of $34.0 million in debt capital across two senior secured credit facilities to High End Holdings, LLC and Green Sentry Holdings, LLC d/b/a Sunburn Cannabis (“Sunburn”), a private, vertically integrated, single-state Florida operator.
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Unused Packaging and Labeling Equipment Available in Exceptional Opportunity for Food, Pharma, Medical and Other Industries
April 1, 2024Tiger Group is offering for immediate purchase unused packaging and labeling equipment from a shuttered pharmaceutical company.
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Installed Building Products Successfully Closes New Term Loan B Facility
March 28, 2024Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that the Company has successfully closed its previously announced new 7-year $500 million term loan (the "New Term Loan").
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Benefit Street Partners L.L.C. Announces Closing of $120 Million Loan on a Texas Office Portfolio
March 28, 2024Benefit Street Partners L.L.C. (“BSP” or the “Company”) today announced the closing of a $120 million floating-rate senior loan to Silver Star Properties REIT (“Silver Star”), intended to facilitate the liquidation of Silver Star’s legacy real estate portfolio. Silver Star expects to sell all current assets within their portfolio and subsequently acquire self-storage properties and transition to a self-storage REIT.
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BHI Provides $50 Million to The Kolter Group To Finance 144-Unit Condominium Project “The Dillon” Located In Buckhead Neighborhood of Atlanta, GA
March 28, 2024BHI, a full-service commercial bank, announced that it has provided $50 million to an affiliate of The Kolter Group LLC as part of an overall $133 million credit facility secured to finance their 144-unit luxury condominium project “The Dillon” in the Buckhead neighborhood of Atlanta, Georgia. BHI is acting as administrative agent for the credit facility.
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LendingTree Announces $175 Million Financing From Apollo Funds
March 28, 2024LendingTree, Inc. (NASDAQ: TREE) ("LendingTree" or the "Company"), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it has secured up to $175 million in financing in the form of a first lien term loan facility (the "facility") from funds managed by Apollo affiliates (the "Apollo Funds").
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TAB Bank Appoints Justin Hatch as Chief Lending Officer
March 28, 2024TAB Bank has appointed Justin Hatch as its Chief Lending Officer, effective immediately. In his new role, Hatch will oversee the lending activities of TAB Bank’s working capital lending products, including asset-based lending, factoring, lending partnerships, lender finance, small ticket A/R financing and the bank’s commercial real estate.
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Varex Announces Closing of Revolving Credit Facility of $155 Million
March 28, 2024Varex Imaging Corporation (Nasdaq: VREX) today announced it has entered into a senior secured revolving credit agreement (the “RLOC Facility”) for an initial aggregate principal amount of up to $155 million. Zions Bancorporation, N.A. (“Zions”) acted as lead arranger and bookrunner for the new RLOC Facility. Simultaneously, Varex terminated its existing senior secured asset-based revolving credit agreement.
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Pemberton Closes Third Strategic Credit Fund at €2.3bn
March 28, 2024Pemberton Strategic Credit was launched in 2017 as a differentiated opportunistic direct lending strategy investing in primary performing companies across Europe, deploying €5.4bn across three vintages.
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Rosenberg and Fecci Consulting
March 28, 2024Founded in 1996, Rosenberg and Fecci Consulting has earned and maintained a reputation for offering its clients the highest standards of quality, consistency and value making us an industry leader when it comes to asset-based lending field examinations and other financial consulting services.
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Wristwatch, Accessory Company Turns to Republic Business Credit for Spring Growth
March 27, 2024Republic Business Credit proudly announces its collaboration with a designer wristwatch and accessory distributor to provide vital financial support for the upcoming spring and summer sales surge. Recognizing the distributor's growth potential, Republic has approved a $5 million factoring facility, ensuring seamless fulfillment of initial orders while safeguarding against heightened summer demand.
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Lawrence Financial Appoints Mena M. Rizk its Newest Partner
March 27, 2024Lawrence Financial appointed Mena M. Rizk its newest partner. Rizk has background in originating and underwriting transactions, coupled with a unique approach to financial solutions.
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Airspan to Receive up to $95 Million in new Equity Financing and Eliminate all Existing Funded Debt
April 1, 2024Airspan Networks Holdings Inc., a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions, today announced that it has entered into a Restructuring Support Agreement (the “Agreement”) with certain funds managed by Fortress Investment Group (“Fortress”) and several of its other key financial stakeholders
-
PNC
April 1, 2024At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. The candidate should explore student opportunities and events (https://careers.pnc.com/global/en/students) and apply to as many programs as they would like.
-
Celtic Capital Corporation Provides Funding for a Manufacturer of Precision Manufactured Components and Assemblies
April 1, 2024Celtic Capital provided a $2,500,000 Equipment Loan and subsequently participated with the revolving lender for $1,500,000 on the Accounts Receivable and Inventory Lines of Credit.
-
HarborOne Bancorp, Inc. Names Stephen W. Finocchio as Executive Vice President and Chief Financial Officer
April 1, 2024HarborOne Bancorp, Inc. today announced the appointment of Stephen W. Finocchio as Executive Vice President and Chief Financial Officer, HarborOne Bancorp, Inc. and HarborOne Bank. Finocchio will oversee all Finance areas, including Accounting, Reporting, Treasury, and Investor Relations.
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RBC Completes Acquisition of HSBC Bank Canada
April 1, 2024Royal Bank of Canada (TSX: RY) (NYSE: RY) ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada").
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Power Solutions International Announces Extension to Credit Agreement
April 1, 2024Power Solutions International, Inc. (the “Company” or “PSI”) amended its $130 million uncommitted senior secured revolving credit agreement (the “Fourth Amended and Restated Credit Agreement”), with Standard Chartered Bank, as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time.
-
Tidwell Group Combines with EisnerAmper
April 1, 2024Global business advisory firm EisnerAmper announces that the partners and colleagues of Birmingham, Alabama-based tax, assurance and advisory, and real estate consulting firm Tidwell Group, LLC, are joining EisnerAmper in a transaction expected to close in May 2024.
-
FinWise Bancorp Appoints Jim Noone President and Hires Robert Wahlman as Chief Financial Officer
April 1, 2024FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced the appointment of Jim Noone to President along with the hiring and appointment of Robert Wahlman as Chief Financial Officer, effective immediately. Mr. Wahlman will succeed Javvis Jacobson, who will remain with the Bank as Treasurer.
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AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities
April 1, 2024FC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced that it has provided a total of $34.0 million in debt capital across two senior secured credit facilities to High End Holdings, LLC and Green Sentry Holdings, LLC d/b/a Sunburn Cannabis (“Sunburn”), a private, vertically integrated, single-state Florida operator.
-
Unused Packaging and Labeling Equipment Available in Exceptional Opportunity for Food, Pharma, Medical and Other Industries
April 1, 2024Tiger Group is offering for immediate purchase unused packaging and labeling equipment from a shuttered pharmaceutical company.
-
Installed Building Products Successfully Closes New Term Loan B Facility
March 28, 2024Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that the Company has successfully closed its previously announced new 7-year $500 million term loan (the "New Term Loan").
-
Benefit Street Partners L.L.C. Announces Closing of $120 Million Loan on a Texas Office Portfolio
March 28, 2024Benefit Street Partners L.L.C. (“BSP” or the “Company”) today announced the closing of a $120 million floating-rate senior loan to Silver Star Properties REIT (“Silver Star”), intended to facilitate the liquidation of Silver Star’s legacy real estate portfolio. Silver Star expects to sell all current assets within their portfolio and subsequently acquire self-storage properties and transition to a self-storage REIT.
-
BHI Provides $50 Million to The Kolter Group To Finance 144-Unit Condominium Project “The Dillon” Located In Buckhead Neighborhood of Atlanta, GA
March 28, 2024BHI, a full-service commercial bank, announced that it has provided $50 million to an affiliate of The Kolter Group LLC as part of an overall $133 million credit facility secured to finance their 144-unit luxury condominium project “The Dillon” in the Buckhead neighborhood of Atlanta, Georgia. BHI is acting as administrative agent for the credit facility.
-
LendingTree Announces $175 Million Financing From Apollo Funds
March 28, 2024LendingTree, Inc. (NASDAQ: TREE) ("LendingTree" or the "Company"), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it has secured up to $175 million in financing in the form of a first lien term loan facility (the "facility") from funds managed by Apollo affiliates (the "Apollo Funds").
-
TAB Bank Appoints Justin Hatch as Chief Lending Officer
March 28, 2024TAB Bank has appointed Justin Hatch as its Chief Lending Officer, effective immediately. In his new role, Hatch will oversee the lending activities of TAB Bank’s working capital lending products, including asset-based lending, factoring, lending partnerships, lender finance, small ticket A/R financing and the bank’s commercial real estate.
-
Varex Announces Closing of Revolving Credit Facility of $155 Million
March 28, 2024Varex Imaging Corporation (Nasdaq: VREX) today announced it has entered into a senior secured revolving credit agreement (the “RLOC Facility”) for an initial aggregate principal amount of up to $155 million. Zions Bancorporation, N.A. (“Zions”) acted as lead arranger and bookrunner for the new RLOC Facility. Simultaneously, Varex terminated its existing senior secured asset-based revolving credit agreement.
-
Pemberton Closes Third Strategic Credit Fund at €2.3bn
March 28, 2024Pemberton Strategic Credit was launched in 2017 as a differentiated opportunistic direct lending strategy investing in primary performing companies across Europe, deploying €5.4bn across three vintages.
-
Rosenberg and Fecci Consulting
March 28, 2024Founded in 1996, Rosenberg and Fecci Consulting has earned and maintained a reputation for offering its clients the highest standards of quality, consistency and value making us an industry leader when it comes to asset-based lending field examinations and other financial consulting services.
-
Wristwatch, Accessory Company Turns to Republic Business Credit for Spring Growth
March 27, 2024Republic Business Credit proudly announces its collaboration with a designer wristwatch and accessory distributor to provide vital financial support for the upcoming spring and summer sales surge. Recognizing the distributor's growth potential, Republic has approved a $5 million factoring facility, ensuring seamless fulfillment of initial orders while safeguarding against heightened summer demand.
-
Lawrence Financial Appoints Mena M. Rizk its Newest Partner
March 27, 2024Lawrence Financial appointed Mena M. Rizk its newest partner. Rizk has background in originating and underwriting transactions, coupled with a unique approach to financial solutions.