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  • EDF Announces the Signature of a €6 Billion Syndicated Credit Facility Indexed to ESG Indicators
    December 2, 2024
    On 29 November 2024, EDF (BBB positive S&P / Baa1 stable Moody's / BBB+ negative Fitch) signed a €6 billion syndicated credit facility for a five-year term, renewable twice for one year. Its cost will be indexed to three Group sustainability performance indicators, in line with the Loan Markets Association's Sustainability Linked Loans Principles:
  • MONTICELLOAM, LLC Closes an $18 Million Bridge Loan for a Wisconsin Seniors Housing Community
    December 2, 2024
    MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, closed $18,000,000 in bridge financing for a seniors housing community in Wisconsin. The financing was originated by Karina Davydov, Managing Director at MonticelloAM.
  • Installed Building Products Announces Successful Repricing of Term Loan B Facility and a Share Repurchase Update
    December 2, 2024
    Installed Building Products, Inc. (the "Company") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that the Company successfully repriced its $500 million term loan (the "Term Loan").
  • Amerisource Business Capital Closes a $3,000,000 Term Loan and Revolving Credit Facility for Utility Firm ​
    December 2, 2024
    Amerisource Business Capital is pleased to announce the successful closing and funding of a $3,000,000 term loan and revolving credit facility for a utility consulting firm located in Texas.
  • Blackstone Credit & Insurance Announces $1 Billion Infrastructure Loan Portfolio Purchase From Santander
    December 2, 2024
    Blackstone and Santander Corporate & Investment Banking today announced an agreement under which funds managed by Blackstone Credit & Insurance (“BXCI”) will acquire interests in a $1 billion portfolio of high-quality infrastructure loans from Santander.
  • Cohn & Dussi Promotes Attorney Andrew B. Glaab to Partner
    December 2, 2024
    Cohn & Dussi, a full-service law firm with its principal office in Boston, is proud to announce that Attorney Andrew B. Glaab has been promoted to Partner. Glaab, who has been with the firm since 2014, has demonstrated exceptional leadership and legal acumen, particularly in his role heading the firm's in-house collection group.
  • Minerals Technologies Announces Successful Debt Refinancing
    December 2, 2024
    Minerals Technologies Inc. (NYSE: MTX) (MTI), a global specialty minerals company, today announced the closing of a new seven-year $575 million senior secured Term Loan B (TLB) along with the increase of its Revolving Credit Facility (Revolver) from $300 million of capacity due 2027 to $400 million due 2029.
  • Barings Launches First European Middle Market Private Credit CLO at €380 Million
    December 2, 2024
    Barings, one of the world’s leading investment managers, today announced that it is executing the first European middle market private credit CLO, Barings Euro Middle Market CLO 2024-1 DAC, at €380 million. S&P and Fitch will rate the CLO, which is backed by a portfolio of European middle market senior secured loans.
  • SouthStar Capital Provides $4 Million Invoice Factoring Facility to Boost Second-Generation Manufacturing Company
    November 26, 2024
    SouthStar Capital is proud to announce the provision of a $4 million Accounts Receivable (A/R) facility to a second-generation, family-run manufacturing company that serves industries such as aggregate, sawmill, and asphalt since the 1980s, the company has built a strong reputation for reliability and innovation.
  • Practice Better Secures US$13 Million in Growth Capital from CIBC Innovation Banking to Accelerate Expansion of Holistic Health Practice Management Solution
    November 26, 2024
    CIBC Innovation Banking today announced a US$13 million growth capital facility for Practice Better, a leading all-in-one practice management software platform serving health and wellness professionals. The investment will support Practice Better's continued expansion into new markets and accelerate product innovation empowering health and wellness professionals to reach millions of clients.
  • Lifecore Biomedical Amends and Extends Revolving Credit Facility with BMO
    November 26, 2024
    Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it has entered in an agreement with BMO, a leading provider of global investment and corporate banking services and one of North America’s largest banks, which amends and extends the terms of Lifecore’s existing asset-based lending (“ABL”) revolving credit facility entered into between Lifecore and BMO in December 2020.
  • Ares Capital Completes $544 Million Debt Securitization
    November 26, 2024
    Ares Capital Corporation ("Ares" or the "Company"), a leading specialty finance company, has completed a significant debt securitization transaction, according to a recent filing with the Securities and Exchange Commission (SEC). On Monday, Ares, through its subsidiary Ares Direct Lending CLO 4 LLC ("ADL CLO 4"), finalized a $544.0 million term debt securitization known as a collateralized loan obligation (CLO), which is an on-balance-sheet financing.
  • Hedaya Capital Powers Wholesale Manufacturer's Growth
    November 26, 2024
    The Hedaya Capital Group recently provided a $5 Million factoring/inventory financing facility to a New York-based wholesale manufacturer of licensed electronic and novelty products in a hypergrowth phase
  • Adam Hoffman Joins Webster as Head of Treasury Management
    November 26, 2024
    Webster Bank is pleased to announce that Adam Hoffman has joined Webster as executive managing director, Head of Treasury Management. Hoffman is responsible for leading all facets of Treasury Management and Commercial Card, including Sales, Client Delivery and Product Management.
  • US Revolvers Show Elevated Utilization, Solid Bankruptcy Recoveries
    November 26, 2024
    Revolving credit facilities continue to show strong bankruptcy recoveries and offer the highest likelihood of recovery among the various types of rated first-lien debt, according to a new report from Fitch Ratings.
  • WesBanco Inc. Names Jan Pattishall-Krupinski as Chief Administrative Officer
    November 26, 2024
    WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today the appointment of Jan Pattishall-Krupinski to the role of Senior Executive Vice President and Chief Administrative Officer, effective immediately. This strategic move underscores the organization's commitment to advancing its leadership structure to support sustainable long-term growth and align with evolving business and stakeholder needs.
  • Maritime Partners Announces First-Of-Its-Kind $750 Million Deferred Draw Warehouse Financing
    November 26, 2024
    Maritime Partners, LLC ("Maritime Partners") has announced the successful closing of a $750 million, first-of-its-kind warehouse facility, which will be collateralized by three wholly owned business lines within one of its managed funds with a syndicate of lenders led by ATLAS SP Partners ("ATLAS").
  • Monroe Capital Supports Zenyth Partners’ Helping Hands Family
    November 26, 2024
    Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Mission Autism Clinics (“MAC”) by Helping Hands Family, an existing portfolio company of Zenyth Partners.
  • EQT Announces $3.5 Billion Midstream Joint Venture with Blackstone Credit & Insurance
    November 26, 2024
    EQT Corporation (NYSE: EQT) announced today that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance ("BXCI"), to form a new midstream joint venture (the "JV") consisting of EQT's ownership interest in high quality contracted infrastructure assets: (i) Mountain Valley Pipeline, LLC – Series A, (ii) FERC regulated transmission and storage assets, and (iii) the Hammerhead Pipeline.(1)
  • MoneyLion Announces Successful Completion of Senior Debt Refinancing
    November 26, 2024
    MoneyLion Inc. (“MoneyLion” or the “Company”) (NYSE: ML), a digital ecosystem for consumer finance that empowers everyone to make their best financial decisions, today announced that it has successfully closed a $70 million loan facility with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company (“SVB”), to refinance MoneyLion’s existing senior debt and lower its cost of capital.