GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $599 million collateralized loan obligation (“CLO”) to be managed by GLM III.

J D Factors provided $22,275,000 in new factoring facilities to 48 new clients in the US and Canada during the month of October. Some of these facilities include: A $750,000 factoring facility for a hosiery manufacturing company in North Carolina. A $200,000 factoring facility for an wildfire suppression equipment company in California.

Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, and BC Partners Credit, the $8 billion credit arm of BC Partners, an approximately $40 billion AUM alternative investment firm, today announced a definitive agreement whereby BC Partners Credit will acquire Runway.

Mayer Brown announced today that prominent private credit lawyer Sheel Patel has joined the firm as a partner, where he will serve as head of the Private Credit practice in New York. Sheel joins from King & Spalding, where he was a key partner in its Private Credit and Special Situations group.

Celtic Capital Corporation today announced its most recent new client relationship – a Pacific-based company manufacturing components for the electronics and communications industry.

Global M&A Network has named A&G Real Estate Partners “Real Estate Advisory Firm of the Year”—the fifth consecutive year in which A&G has received the honor—as part of its 16th Annual Turnaround Atlas Awards.

Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, announces an investment in Health Monitor Network (“Health Monitor” or the “Company”).

Sallyport Commercial Finance is proud to announce a new funding for a Canadian client in the wholesale and distribution industry, providing them with $250,000 in Accounts Receivable (AR) financing. The client turned to Sallyport for support in relaunching their business post-COVID.

Flagstar Bank, N.A., (the "Bank") a subsidiary of Flagstar Financial, Inc. (NYSE: FLG) (the "Company") today announced the appointment of two senior leaders to its technology and risk teams, effective immediately.

Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Phillip Trier and Gregory Warsek to its Executive Leadership Team (ELT), effective November 1, 2024.

CIBC Innovation Banking announced today it has provided US$20 million in growth capital to Procurify, a leader in proactive spend management solutions. This funding will support Procurify’s continued development of innovative procurement technologies and its mission to enhance organizational spend transparency and efficiency.

PL Developments (PLD), a leader in the development, manufacturing, packaging, and distribution of consumer healthcare products, has announced the successful completion of its offer to exchange US$350 million aggregate principal amount of its outstanding 7.750% senior secured notes due 2025 for new PIK toggle senior secured notes due 2029 in an aggregate principal amount of US$368.55 million.

TAB Bank successfully closed $98.4 million in credit facilities across 385 deals during the third quarter of 2024. The financing includes a diverse range of loans such as working capital, equipment, commercial real estate, small business lines of credit and accounts receivable funding across numerous sectors, including homeware, restaurant, manufacturing, real estate, transportation, and more.

Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that James (“Jim”) R. Miller was appointed as Co-President to serve alongside current Co-President, Kort Schnabel. Concurrently, Ares Capital’s Board of Directors was expanded by one member. Mitchell (“Mitch”) Goldstein joined Ares Capital’s Board of Directors, and Mitch Goldstein and Michael L. Smith have been appointed to serve as Co-Chairmen of Ares Capital’s Board of Directors.

SLR Credit Solutions has structured a unitranche asset-based credit facility to support Directional Capital’s acquisition of a collection of rent-to-own retail locations across the New York and New Jersey markets, via a new entity known as Purple Apple.

Diamcor Mining Inc. (TSXV:DMI)(OTCQB:DMIFF)(FRA:DC3A), ("Diamcor" or the "Company"), a well-established Canadian diamond mining company with a proven history in the mining, exploration, and sale of rough diamonds, announces that the Company intends to complete a term loan financing (the "Financing") of up to CAD$1,500,000.

Oportun (Nasdaq: OPRT) ("Oportun", or the "Company"), a mission-driven financial services company, announced today another important step in its plans to optimize the Company’s capital structure and drive improved profitability. Following an extensive review of a range of alternatives led by the Board of Directors, Oportun has entered into a Credit Agreement to refinance its existing corporate financing facility with a new $235 million Senior Secured Term Loan (“Term Loan”).

eCapital Corp. (“eCapital”), a leading technology-enabled provider of financing to small and medium-sized businesses (SMBs) across North America and the U.K., has closed a $100 million increase to its existing secured junior capital facility with Ares Management Credit funds (“Ares”), bringing the total facility size to in excess of $330 million.

RelPro, the fast-growing business development and relationship management solution for Financial & Professional Services, announced today its latest partnership with CRB Monitor, introducing cannabis-related business insights as the latest data addition to the RelPro platform.

First Citizens Bank today announced that its Energy Finance business is introducing a new tax equity investment product to help finance renewable energy projects.