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SFNet Key Sponsor Highlight: SierraConstellation Partners (SCP)
September 24, 2024SierraConstellation Partners (SCP) is an interim management and advisory firm serving middle-market companies and their partners and investors that are navigating their way through difficult business challenges.
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Life Time Completes Revolver Upsize and Extension
September 23, 2024Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced that its wholly-owned subsidiary, Life Time, Inc., has completed the refinancing of its revolving credit facility.
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Latham Advises on Halyk Bank’s US$300 Million Syndicated Term Loan
September 23, 2024Latham & Watkins has advised the banks on Halyk Bank of Kazakhstan’s successful signing of its US$300 million syndicated term loan, comprising one-year and three-year tenor tranches.
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Republic Business Credit Funds $1.5M Asset-Based Loan for California-based Temporary Staffing Company
September 23, 2024A California-based, national staffing firm wanted a new financing partner after its incumbent bank opted not to renew its current line of credit due to the size of the credit facility, as the bank chose to focus on mid-market clients.
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Paul Hastings Further Strengthens Market-Leading Restructuring Platform with Partner in Dallas
September 23, 2024Further strengthening its market-leading financial restructuring practice and continuing its strategic expansion in Texas, Paul Hastings LLP has added restructuring lawyer Charles Persons as a partner in Dallas.
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Wrena, LLC Files for Chapter 11 Bankruptcy to Pursue Sale
September 23, 2024Wrena, LLC, a leading full-service automotive supplier of stamped structural, tubular components, assemblies, and fine blank components, today announced that it has voluntarily filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Eastern District of Michigan to pursue a sale of the company's assets.
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Alaska Air Group Announces Proposed Mileage Plan Financing
September 23, 2024Alaska Air Group, Inc. (the "Company") today announced that it launched a proposed senior secured term loan facility and intends to issue additional pari passu senior secured debt (collectively, the "Mileage Plan Financing"). The aggregate principal amount of the Mileage Plan Financing is expected to be $1.5 billion.
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Lighthouse Provides $3,175,000 Credit Facility to Atlanta Based Healthy Snack & Supplement Co.
September 23, 2024Lighthouse Financial Corp. is pleased to announce the completion of a $3,175,000 Credit Facility to an Atlanta-based manufacturer and distributor of healthy snacks and supplements.
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Siena Lending Group Expands Healthcare Originations Team
September 23, 2024Siena Lending Group LLC ("Siena") is pleased to announce that Jackson Bunn has joined the team as Vice President, New Business Originations within the Healthcare Division. Jackson has 11 plus years of diverse experience across ABL and Real Estate finance in the Healthcare sector and will be located in North Carolina.
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Miller & Chevalier Adds Tax Controversy and Litigation Member Brian Gleicher
September 23, 2024Miller & Chevalier Chartered is pleased to announce Brian Gleicher has joined the firm as a Member in the Tax Controversy and Litigation practice. Gleicher brings decades of experience in guiding multinational corporations through complex tax issues.
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Mountain Ridge Capital Provides $15 Million Credit Facility to Owlet, Inc.
September 23, 2024Mountain Ridge Capital ("MRC") is pleased to announce the closing of a new credit facility for Owlet, Inc. (NYSE: OWLT). The new agreement provides for a three-year revolving credit facility of up to $15 million, increasing to up to $20 million on the first anniversary of closing.
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CohnReznick’s Huddleston and Wissink Named to Crain’s Chicago Business 2024 Notable Leaders in Accounting, Consulting, and Law List
September 23, 2024Helana Robbins Huddleston, Partner, Transaction Advisory Services and Co-Leader of the Manufacturing and Distribution practice, and Jeff Wissink, Principal, Performance Improvement Practice Leader, are both members of CohnReznick’s Transaction Advisory Services practice.
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WSFS Promotes Terry Kistler to Senior Vice President, Regional Manager of Southern Delaware
September 23, 2024WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the promotion of Terry Kistler to Senior Vice President, Regional Manager of the Southern Delaware region, reporting to Shelly Kavanagh, Senior Vice President and Director of Retail Delivery.
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Barclays office building with blue sky. Barclays Appoints Two New Senior Leaders in Investment Banking for Canada
September 23, 2024Barclays today announces the appointments of Greg Petit as Head of Infrastructure, Power and Utilities for Canada, and Ken Davis as Head of Western Canadian Coverage. Mr. Petit will be based in Toronto, will report to Ryan Voegeli, Head of Investment Banking for Canada, and will collaborate closely with Sean Diskin, Head of Power & Utilities for the Americas.
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Bahlam Capital Provides Mezzanine Loan to Albedo Solar
September 23, 2024Bahlam Capital (“Bahlam”), a Central American-based private equity firm focused on transformational growth opportunities, announced that it provided growth capital in the form of a mezzanine loan to Albedo Solar Leasing, S.A. (“Albedo” or “the Company”) on July 17, 2024.
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Apollo’s ATLAS SP and BNP Paribas Announce $5 Billion Strategic Collaboration
September 23, 2024Apollo (NYSE: APO), ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds, and BNP Paribas, the European Union’s leading global bank, today announced a strategic financing and capital markets collaboration between Apollo, ATLAS and BNP Paribas.
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Orion Infrastructure Capital (OIC) Announces Three Strategic Leadership Promotions
September 23, 2024OIC, a leading North American infrastructure investment firm with offices in New York, Houston, and London, has announced three internal promotions. Abbie Perry was promoted to Managing Director and Co-Chief Financial Officer, Fund Operations, Accounting & Tax.
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Mitsubishi HC Capital America add James Elwood to Growing Construction Division
September 23, 2024Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is strengthening its construction division with the addition of James Elwood, Senior VP – Strategic Development. He will be responsible for establishing strategic finance programs for manufacturers and distributors of construction equipment across the United States.
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Gassel Joins CohnReznick as National Assurance Partner
September 23, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that William (Bill) Gassel, CPA, has joined the firm as a partner in its National Assurance group. Based in Stamford, CT, Gassel focuses on assessing, developing, structuring, and managing internal quality control monitoring systems.
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Simon Property Group (SPG) Boosts Flexibility With $3.5B Revolving Credit Facility
September 23, 2024Simon Property SPG recently announced that its majority-owned operating partnership subsidiary, Simon Property Group, L.P., has amended, restated and extended its multi-currency unsecured revolving credit facility amounting to $3.5 billion.
-
SFNet Key Sponsor Highlight: SierraConstellation Partners (SCP)
September 24, 2024SierraConstellation Partners (SCP) is an interim management and advisory firm serving middle-market companies and their partners and investors that are navigating their way through difficult business challenges.
-
Life Time Completes Revolver Upsize and Extension
September 23, 2024Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced that its wholly-owned subsidiary, Life Time, Inc., has completed the refinancing of its revolving credit facility.
-
Latham Advises on Halyk Bank’s US$300 Million Syndicated Term Loan
September 23, 2024Latham & Watkins has advised the banks on Halyk Bank of Kazakhstan’s successful signing of its US$300 million syndicated term loan, comprising one-year and three-year tenor tranches.
-
Republic Business Credit Funds $1.5M Asset-Based Loan for California-based Temporary Staffing Company
September 23, 2024A California-based, national staffing firm wanted a new financing partner after its incumbent bank opted not to renew its current line of credit due to the size of the credit facility, as the bank chose to focus on mid-market clients.
-
Paul Hastings Further Strengthens Market-Leading Restructuring Platform with Partner in Dallas
September 23, 2024Further strengthening its market-leading financial restructuring practice and continuing its strategic expansion in Texas, Paul Hastings LLP has added restructuring lawyer Charles Persons as a partner in Dallas.
-
Wrena, LLC Files for Chapter 11 Bankruptcy to Pursue Sale
September 23, 2024Wrena, LLC, a leading full-service automotive supplier of stamped structural, tubular components, assemblies, and fine blank components, today announced that it has voluntarily filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Eastern District of Michigan to pursue a sale of the company's assets.
-
Alaska Air Group Announces Proposed Mileage Plan Financing
September 23, 2024Alaska Air Group, Inc. (the "Company") today announced that it launched a proposed senior secured term loan facility and intends to issue additional pari passu senior secured debt (collectively, the "Mileage Plan Financing"). The aggregate principal amount of the Mileage Plan Financing is expected to be $1.5 billion.
-
Lighthouse Provides $3,175,000 Credit Facility to Atlanta Based Healthy Snack & Supplement Co.
September 23, 2024Lighthouse Financial Corp. is pleased to announce the completion of a $3,175,000 Credit Facility to an Atlanta-based manufacturer and distributor of healthy snacks and supplements.
-
Siena Lending Group Expands Healthcare Originations Team
September 23, 2024Siena Lending Group LLC ("Siena") is pleased to announce that Jackson Bunn has joined the team as Vice President, New Business Originations within the Healthcare Division. Jackson has 11 plus years of diverse experience across ABL and Real Estate finance in the Healthcare sector and will be located in North Carolina.
-
Miller & Chevalier Adds Tax Controversy and Litigation Member Brian Gleicher
September 23, 2024Miller & Chevalier Chartered is pleased to announce Brian Gleicher has joined the firm as a Member in the Tax Controversy and Litigation practice. Gleicher brings decades of experience in guiding multinational corporations through complex tax issues.
-
Mountain Ridge Capital Provides $15 Million Credit Facility to Owlet, Inc.
September 23, 2024Mountain Ridge Capital ("MRC") is pleased to announce the closing of a new credit facility for Owlet, Inc. (NYSE: OWLT). The new agreement provides for a three-year revolving credit facility of up to $15 million, increasing to up to $20 million on the first anniversary of closing.
-
CohnReznick’s Huddleston and Wissink Named to Crain’s Chicago Business 2024 Notable Leaders in Accounting, Consulting, and Law List
September 23, 2024Helana Robbins Huddleston, Partner, Transaction Advisory Services and Co-Leader of the Manufacturing and Distribution practice, and Jeff Wissink, Principal, Performance Improvement Practice Leader, are both members of CohnReznick’s Transaction Advisory Services practice.
-
WSFS Promotes Terry Kistler to Senior Vice President, Regional Manager of Southern Delaware
September 23, 2024WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the promotion of Terry Kistler to Senior Vice President, Regional Manager of the Southern Delaware region, reporting to Shelly Kavanagh, Senior Vice President and Director of Retail Delivery.
-
Barclays office building with blue sky. Barclays Appoints Two New Senior Leaders in Investment Banking for Canada
September 23, 2024Barclays today announces the appointments of Greg Petit as Head of Infrastructure, Power and Utilities for Canada, and Ken Davis as Head of Western Canadian Coverage. Mr. Petit will be based in Toronto, will report to Ryan Voegeli, Head of Investment Banking for Canada, and will collaborate closely with Sean Diskin, Head of Power & Utilities for the Americas.
-
Bahlam Capital Provides Mezzanine Loan to Albedo Solar
September 23, 2024Bahlam Capital (“Bahlam”), a Central American-based private equity firm focused on transformational growth opportunities, announced that it provided growth capital in the form of a mezzanine loan to Albedo Solar Leasing, S.A. (“Albedo” or “the Company”) on July 17, 2024.
-
Apollo’s ATLAS SP and BNP Paribas Announce $5 Billion Strategic Collaboration
September 23, 2024Apollo (NYSE: APO), ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds, and BNP Paribas, the European Union’s leading global bank, today announced a strategic financing and capital markets collaboration between Apollo, ATLAS and BNP Paribas.
-
Orion Infrastructure Capital (OIC) Announces Three Strategic Leadership Promotions
September 23, 2024OIC, a leading North American infrastructure investment firm with offices in New York, Houston, and London, has announced three internal promotions. Abbie Perry was promoted to Managing Director and Co-Chief Financial Officer, Fund Operations, Accounting & Tax.
-
Mitsubishi HC Capital America add James Elwood to Growing Construction Division
September 23, 2024Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is strengthening its construction division with the addition of James Elwood, Senior VP – Strategic Development. He will be responsible for establishing strategic finance programs for manufacturers and distributors of construction equipment across the United States.
-
Gassel Joins CohnReznick as National Assurance Partner
September 23, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that William (Bill) Gassel, CPA, has joined the firm as a partner in its National Assurance group. Based in Stamford, CT, Gassel focuses on assessing, developing, structuring, and managing internal quality control monitoring systems.
-
Simon Property Group (SPG) Boosts Flexibility With $3.5B Revolving Credit Facility
September 23, 2024Simon Property SPG recently announced that its majority-owned operating partnership subsidiary, Simon Property Group, L.P., has amended, restated and extended its multi-currency unsecured revolving credit facility amounting to $3.5 billion.