- SMBC MANUBANK Announces Multiple Key Hires Across Credit, Accounting, and Technology Functions to Support Growth
- Online Auction Features Rental and Production-Ready Audio, Video and Lighting Gear
- TSL Feature Articles
- Market Sizing & Impact Study
- High-Quality, Excess Gear Goes to Auction in Tiger Group AV Sale
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Bobbi Acord Noland Named as Top 10 Influential Banking & Finance Lawyer in Georgia for 2023 by Business Today
Atlanta, GA – August 25, 2023 – Parker, Hudson, Rainer & Dobbs LLP Commercial Finance Practice Group Leader and Partner Bobbi Acord Noland has been recognized among the “Top 10 Influential Banking & Finance Lawyers in Georgia for 2023” by Business Today. Bobbi also serves as SFNet co-general counsel.
TSL Express Trending Story
Featured
As VC markets cool, more cash-starved companies are turning to venture lending to tide them over until a new equity round is possible. Lenders are taking note—but it may not be the lenders one would expect.
In this Q&A with Jennifer Post, managing partner of Thompson Coburn LLP’s Los Angeles office, she discusses if recession fears are slowing down equity markets, if start-ups are depending more on risky “uncommon players” for venture capital and other critical challenges startups face.
TSL Express Daily Headlines & News
-
The Consulting Report Names McDermott a Top 25 Technology Consultant and Leader of 2024
March 25, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Thomas McDermott, CISA, CRISC, CGEIT, Principal, CohnReznick Advisory, has been named one of The Consulting Report’s Top 25 Technology Consultants and Leaders of 2024.
-
Gordon Brothers Completes Catch Co. Acquisition
March 25, 2024Gordon Brothers, the global asset experts, has completed the acquisition of substantially all the assets of Catch Co., a portfolio of fishing brands that has generated nearly $300 million in revenue since its inception in 2012 with the launch of Mystery Tackle Box.
-
KBRA DLD Report: Direct Lending Defaults Low; Sponsored at 1.5%, Non-Sponsored at 3.5%
March 25, 2024-KBRA DLD, a division of KBRA Analytics, recently released its latest Direct Lending Default Report on the U.S. direct lending market. Highlights from the report are below:
-
Dext Capital Upsizes Corporate Note Financing
March 25, 2024Dext Capital (Dext), a leading essential-use healthcare equipment lessor, announces the upsize of its investment-grade corporate note. The proceeds will be used to fund new originations and growth initiatives.
-
Eclipse Business Capital Provides $15mm ABL Credit Facility to a Connector & Cable Manufacturer
March 25, 2024Eclipse Business Capital LLC (“EBC”) announced that it has provided a $15 million senior secured ABL credit facility to a connector and cable manufacturer that primarily serves the telecommunications industry.
-
WebBank Announces Erik Cannon named SVP – Chief Operations Officer
March 25, 2024Erik joined WebBank in September 2016 as the Vice President of Due Diligence and Implementation bringing many years of risk management, business development, operations, relationship management and leadership experience.
-
Berkshire Hills Bancorp Bolsters Commercial & Private Banking Franchise
March 25, 2024Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a relationship-driven, community-focused bank with financial centers in New England and New York, is pleased to welcome Torrance Childs, former President of Private Banking at Boston Private Bank & Trust, to the Company as Chief Commercial Deposit Officer.
-
OHA is the Left Lead Arranger of STV’s Private Unitranche Financing
March 25, 2024Oak Hill Advisors (“OHA”) served as the Left Lead Arranger for the private financing of STV Group, Inc. (“STV”), which is partnered with The Pritzker Organization (“TPO”).
-
Prestige Capital Supports the Growth of an AI Company with a $7,500,000 line
March 25, 2024A cutting-edge artificial intelligence company based in Salt Lake City faced a funding roadblock during a four-month engagement with a potential funding source. Despite persistent efforts, the needed funding remained elusive, hindering the company's ability to capitalize on emerging opportunities within the AI sector.
-
B. Riley Recognized by the M&A Advisor Turnaround Awards 2024
March 25, 2024B. Riley Financial (Nasdaq: RILY) ("B. Riley") is pleased to announce it was honored by The M&A Advisor at the 18th Annual Turnaround Awards Gala during the 2024 Distressed Investing Summit on March 18-19, 2024 in Palm Beach, FL.
-
Dye & Durham Announces Marketing of New Credit Facility
March 21, 2024Dye & Durham Limited ("Dye & Durham" or "Holdings"), (TSX: DND) today announced that Dye & Durham Corporation (the "Company"), a wholly-owned subsidiary of Holdings, commenced the marketing of a new senior secured Term Loan B facility and revolving credit facility (the "New Senior Secured Credit Facilities"). In conjunction with the New Senior Secured Credit Facilities, and subject to market and other conditions
-
Air Canada Completes Closing of U.S.$2.15 Billion Senior Secured Credit Facilities
March 21, 2024Air Canada announced today that it has completed the closing of U.S.$2.15 billion senior secured credit facilities, comprised of (i) a U.S.$1.175 billion term loan B maturing in 2031 (the "Term Loan") and (ii) a U.S.$975 million revolving credit facility maturing in 2029 (the "Revolving Facility" and, together with the "Term Loan", the "Senior Credit Facilities").
-
Teresa C. Kohl Recognized with the M&A Advisor’s 2024 Leadership Award
March 21, 2024SSG Capital Advisors, a leading special situations investment bank, announced that Managing Director Teresa C. Kohl was presented with the M&A Advisor’s Leadership Award during the 18th Annual Turnaround Awards Gala in West Palm Beach, Florida on March 19.
-
Mitsubishi HC Capital America Targets AI Predictive Purchase Model
March 21, 2024Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, continues to make significant strides in its digital transformation efforts with the recent integration of MuleSoft Robotic Process Automation (RPA).
-
Par Pacific Announces Expected Increase in ABL Commitments to up to $1.4 billion and Replacement of Intermediation Facility
March 21, 2024Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today announced an expected increase in lender commitments under its existing asset-based revolving credit facility (“ABL”) to up to $1.4 billion.
-
Lumine Group Announces Completion of US$310M Debt Facility
March 21, 2024The syndicate of Canadian and US financial institutions is led by Bank of Montreal, and includes the following lenders: Fédération des Caisses Desjardins du Québec, the Toronto-Dominion Bank, Wells Fargo Bank N.A., Citibank N.A., and PNC Bank Canada.
-
Simpson Thacher Adds Two Leading Finance and Credit Partners in London
March 21, 2024Simpson Thacher & Bartlett LLP announced today that Paul Hibbert and Emma Serginson will join the Firm’s London office as Partners, where they will focus on financing and credit matters across the infrastructure sector, among other areas.
-
Yieldstreet Launches New Solutions for Investing in Private Markets Powered by Insights From Wilshire
March 21, 2024Yieldstreet, a leading private market investing platform, and Wilshire Advisors LLC ("Wilshire"), a global advisor with more than $1 trillion in assets under advisement, today announced a strategic partnership that intends to revolutionize investor access to institutional-quality alternative investments.
-
Capital Southwest Announces New $150 MM Secured Credit Facility
March 21, 2024Capital Southwest Corporation (“Capital Southwest” or “we”") (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that its wholly owned subsidiary, Capital Southwest SPV LLC (the “SPV”), entered into a senior secured revolving credit facility (the “SPV Facility”) with Deutsche Bank AG, New York Branch.
-
Petersen Health Care Files Voluntary Petition for Relief Under Chapter 11
March 21, 2024Petersen Health Care (“Petersen” or “The Company”), an operator of nursing homes and assisted living and long-term care facilities in Illinois, Iowa and Missouri, today announced that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to facilitate the restructuring of its balance sheet.
In This Section
The Secured Lender
SFNet's 80th Annual Convention Issue