- Prominent Structured Finance Partner Joins Latham & Watkins in New York
- First Citizens Bank Leads $125 Million Financing for New Day Healthcare
- News Detail
- Squire Secures $35 Million in Debt Financing from Silicon Valley Bank
- Concord Serves as Exclusive Financial Advisor for $25MM Senior Debt Facility for ACMS Group
TSL Express Daily Articles & News
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RYAM Raises $250 Million of Debt to Refinance its 2024 Notes, Improving Financial Position to Support Future Growth Opportunities
Rayonier Advanced Materials Inc. (NYSE: RYAM) (“RYAM”), a global leader in the production of high-purity cellulose specialties and other sustainable materials, is pleased to announce that it has obtained $250 million in aggregate principal amount of secured term loan financing (the “Term Loan”) from funds managed by Oaktree Capital Management, L.P. (“Oaktree”).
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Review and Forecast with Capital One's Dave Kucera
As a leading authority and 25-year veteran of the investment and commercial banking sectors, Dave Kucera, head of Capital One’s Financial Institutions Group, sat with TSL Express’ senior editor to discuss best practices for managing market cycles. Including the commercial banking trends to watch out for in 2023 and key steps financial institutions can take to better navigate the current economic landscape.
TSL Express Daily Headlines & News
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Star Mountain Capital Adds Former Dallas Fed CEO, Goldman Sachs Vice Chairman, Robert Kaplan, as Senior Advisor
February 14, 2024Star Mountain Capital, LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce that Robert Kaplan has joined as Senior Advisor.
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Frost Brown Todd Adds Three Top Commercial Finance Partners in Louisville
February 14, 2024Frost Brown Todd (FBT) broadened and deepened its leading national finance capabilities by adding Jamie Brodsky, Alexander G. Staffieri, and Kaitlyn J. George as partners in the firm’s Commercial Finance Practice Group in its Louisville office.
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CVC Credit Prices Apidos XLVII
February 14, 2024CVC Credit, the $43 billion dedicated credit strategy of CVC, is pleased to announce that it has successfully priced Apidos XLVII (47), a $507 million (c.€471 million) Collateralized Loan Obligation ("CLO"). BNP Paribas acted as the lead arranger.
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Citizens Leads $377.5 Million Credit Facility for Arlington Capital Partners
February 13, 2024Citizens announced today that it led a $377.5 million senior credit facility for Arlington Capital Partners to support the acquisition of Merrill Technologies Group and the formation of Keel Holdings, LLC. Citizens served as Lead Left Arranger, Left Lead Bookrunner and Administrative Agent.
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GreenPower Secures $5 Million Revolving Loan with EDC to Fund All-Electric Vehicle Production for Customer Orders
February 13, 2024GreenPower Motor Company Inc. ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, has entered into a revolving loan agreement with Export Development Canada ("EDC") for up to $5 million (the "Facility") to fund all-electric vehicle production pursuant to customer orders.
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Potbelly (PBPB) Enters New $30M Credit Facility
February 13, 2024Potbelly Corporation (NASDAQ: PBPB) today announced that the Company has closed a new $30 million revolving credit facility (the “Facility”) that matures on February 7, 2027 led by Wintrust Bank.
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EBSC Lending Provides Senior Credit Facility to Metro Capital
February 13, 2024EBSC Lending, a private lender focused on real estate financing, has announced that it will be providing a senior credit facility to Metro Capital worth $25 million.
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Float Partners with Silicon Valley Bank, a division of First Citizens Bank, Secures C$50 Million in Financing to Accelerate Growth
February 13, 2024Float, one of Canada's fastest growing fintechs, has kicked off 2024 with an aggressive expansion plan and the backing of a C$50 million credit facility in partnership with Silicon Valley Bank (SVB), a division of First Citizens Bank.
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MidCap Financial Closes $35mm Senior Revolving Credit Facility to Arc
February 13, 2024MidCap Financial, a leading commercial finance company focused on middle-market transactions, today announced it has provided a $35mm senior revolving credit facility to Arc International North American Holdings, Inc. (“Arc” or “Company”).
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Evolve Bank & Trust Appoints Peter Moenickheim as Chief Risk Officer
February 13, 2024Evolve Bank & Trust (“Evolve”), a global leader in the payments and Banking-as-a-Service (“BaaS”) industry, announced today it has appointed Peter Moenickheim as Chief Risk Officer. Peter brings with him more than 20 years of experience assessing and managing risk for the banking, consumer finance, and payments industry.
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Cliffwater Enhanced Lending Fund Adds Nicholas Lenicheck to Growing Platform
February 13, 2024Cliffwater Enhanced Lending Fund ("CELFX" or "the Fund"), an interval fund providing access to alternative private debt strategies, announced Nicholas Lenicheck has joined its investment team as a Managing Director and will be based in New York.
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Wingspire Capital Agents a Senior Secured Revolver to a Specialty Finance Company
February 13, 2024Wingspire Capital has agented a senior secured credit facility to a specialty finance company that offers senior secured loans to high growth consumer products companies. Wingspire Capital agented the facility and brought in Encina Lender Finance as a partner.
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AmeriFactors Appoints Angela Fiorentino as New President
February 13, 2024AmeriFactors Financial Group, LLC is thrilled to announce the appointment of Angela Fiorentino as its new President and Chief Executive Officer, in addition to her current role as General Counsel.
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Gridiron Capital Promotes Lauren Amos to Vice President
February 13, 2024Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce the promotion of Lauren Amos to Vice President. In her elevated role, Ms. Amos will focus on fostering new relationships, fundraising, and advancing the firm’s strategic marketing initiatives.
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Gordon Brothers Provides $5M Operating Lease to Aerospace & Defense Solutions Provider
February 13, 2024Gordon Brothers, the global asset experts, has provided a five-year operating lease to an Ohio-based aerospace and defense solutions provider for 15 late-model CNC machine tools worth more than $5 million.
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Huntington Business Credit Closes $13 Million in New Credit Facilities with C&K Industrial Services, Inc.
February 13, 2024Huntington Business Credit announced it closed a $13,000,000 in new credit facilities with C&K Industrial Services, Inc. on December 28, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
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BankFinancial Corporation Announces Expansion of Board of Directors and Standstill Agreement with Strategic Value Bank Partners, LLC, Strategic Value Investors LP and Benjamin Mackovak
February 13, 2024BankFinancial Corporation (Nasdaq: BFIN) announced today that it expanded its Board of Directors with the election of Mr. Aaron O’Connor and Mr. Benjamin Mackovak.
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Cineverse Expands Existing Credit Line With East West Bank to $7.5 Million
February 13, 2024Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced that it has expanded its line of credit from East West Bank to $7.5 million.
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KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024
February 13, 2024KKR, a leading global investment firm, today released “Loud and Clear,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
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Gateway Trade Funding Provides a $2,800,000 Purchase Order Facility to a Hardware and Software Company
February 13, 2024A hardware and software company secured a large order from a Canadian distributor but encountered a shortfall in working capital to acquire the required inventory. Not willing to miss out on this chance, a finance broker recommended Gateway Trade Funding.
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